Western Asset Mortgage Defined Opportunity Fund Inc. Declares Dividend for the Months of March, April and May, Payable on April 1, 2019, May 1, 2019 and June 3, 2019 Respectively
February 20, 2019 at 08:30 am EST
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Western Asset Mortgage Defined Opportunity Fund Inc. declared dividend of $0.17500 for the months of March 2019, April 2019 and May 2019, payable on April 1, 2019, May 1, 2019 and June 3, 2019 to the shareholders record on March 22, 2019, April 18, 2019 and May 24, 2019 with the ex-dividend date of March 21, 2019, April 17, 2019 and May 23, 2019 respectively.
Western Asset Mortgage Opportunity Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fundâs primary investment objective is to provide current income. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing primarily in a diverse portfolio of mortgage-backed securities and mortgage whole loans. Investments in mortgage-backed securities consist primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities. The Fundâs investments in mortgage whole loans under normal circumstances will not exceed 20% of its managed assets. The Fund also may invest in other permitted investments, including cash and cash equivalents; Treasury securities; non-mortgage related asset-backed securities (ABS) backed by various asset classes. Legg Mason Partners Fund Advisor, LLC is the investment manager of the Fund.
Western Asset Mortgage Defined Opportunity Fund Inc. Declares Dividend for the Months of March, April and May, Payable on April 1, 2019, May 1, 2019 and June 3, 2019 Respectively