Western Asset Mortgage Opportunity Fund Inc. Announces Distributions for the Months of December 2020, January and February 2021, Payable on December 31, 2020, February 01, 2021 and March 01, 2021 Respectively
November 17, 2020 at 08:00 am EST
Share
Western Asset Mortgage Opportunity Fund Inc. declared dividend of $0.11250 for the months of Months of December 2020, January and February 2021, payable on December 31, 2020, February 01, 2021 and March 01, 2021 respectively to the shareholders record on December 23, 2020, January 22, 2021 and February 19, 2021 with the ex-dividend date of December 22, 2020, January 21, 2021 and February 18, 2021 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 Opportunity Fund Inc. Announces Distributions for the Months of December 2020, January and February 2021, Payable on December 31, 2020, February 01, 2021 and March 01, 2021 Respectively