Western Asset Mortgage Opportunity Fund Inc. Declares Dividend for the Months of June, July and August 2020, Payable on July 1, 2020, August 3, 2020 and September 1, 2020 Respectively
May 19, 2020 at 08:00 am EDT
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Western Asset Mortgage Opportunity Fund Inc. declared dividend of $0.12750 for the months of June, July and August 2020, payable on July 1, 2020, August 3, 2020 and September 1, 2020 respectively to the shareholders record on June 23, 2020, July 24, 2020 and August 24, 2020 with the ex-dividend date of June 22, 2020, July 23, 2020 and August 21, 2020 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. Declares Dividend for the Months of June, July and August 2020, Payable on July 1, 2020, August 3, 2020 and September 1, 2020 Respectively