Western Asset Mortgage Defined Opportunity Fund Inc. Declares Dividend for the Months of September, October and November 2017, Payable October 2, 2017, November 1, 2017, and December 1, 2017 Respectively
August 14, 2017 at 08:00 am EDT
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Western Asset Mortgage Defined Opportunity Fund Inc. declared dividend of $0.07660 for September, $0.14840 on LTCG for September, $0.22500 for October, and $0.22500 for November 2017, payable on October 2, 2017, November 1, 2017, and December 1, 2017 to the shareholders record on September 22, 2017, October 20, 2017 and November 24, 2017 with the ex-dividend date of September 21, 2017, October 19, 2017 and November 22, 2017 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 September, October and November 2017, Payable October 2, 2017, November 1, 2017, and December 1, 2017 Respectively