Western Asset Mortgage Opportunity Fund : Section 19 Notice - Western Asset Mortgage Opportunity Fund Inc. (12/29/23)
December 27, 2023 at 07:18 pm EST
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Important Information Regarding Your Fund's Distribution
Western Asset Mortgage Opportunity Fund Inc. (DMO; CUSIP: 95790B109)
December 29, 2023:
The Fund paid a regular monthly distribution of $0.12000 per common share on December 29, 2023. Based on the Fund's fiscal year-to-date activity and subject to revision, the Fund currently estimates that approximately $0.02079 per share of this distribution may be a return of capital. The balance of the distribution is derived from undistributed net investment income.
This information is being provided pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, and should not be used for tax reporting purposes. In early 2024, after definitive information is available, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during calendar year 2023 have been characterized for purposes of reporting the distributions on a shareholder's tax returns. The Fund will also post Form 8937 to the Franklin Templeton website† if all or any portion of the distributions are characterized as a tax return of capital after the close of the Fund's fiscal year-end.
620 Eighth Avenue, New York, NY 10018 Tel. 1-888-777-0102 www.franklintempleton.com
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Western Asset Mortgage Opportunity Fund Inc. published this content on 29 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2023 00:16:41 UTC.
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.