ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for smarter Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
Western Asset Mortgage Opportunity Fund Inc

Western Asset Mortgage Opportunity Fund Inc (DMO)

12.15
-0.12
(-0.98%)
Closed July 23 4:00PM
12.15
0.00
( 0.00% )
Pre Market: 7:00AM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
12.15
Bid
-
Ask
-
Volume
-
0.00 Day's Range 0.00
10.00 52 Week Range 12.3399
Market Cap
Previous Close
12.15
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
49,931
Shares Outstanding
11,397,523
Dividend Yield
12.10%
PE Ratio
10.04
Earnings Per Share (EPS)
1.21
Revenue
22.09M
Net Profit
13.79M

About Western Asset Mortgage Opportunity Fund Inc

The Funds primary investment objective is high current income. The Funds secondary investment objective is totalreturn. Under normal market conditions the Fund invests in a global portfolio of securities consisting of below investment grade fixed income securities emerging market fixed income securi... The Funds primary investment objective is high current income. The Funds secondary investment objective is totalreturn. Under normal market conditions the Fund invests in a global portfolio of securities consisting of below investment grade fixed income securities emerging market fixed income securities and investment grade fixed income securities. Show more

Sector
Unit Inv Tr, Closed-end Mgmt
Industry
Unit Inv Tr, Closed-end Mgmt
Headquarters
Lutherville Timonium, Maryland, USA
Founded
1970
Western Asset Mortgage Opportunity Fund Inc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the New York Stock Exchange with ticker DMO. The last closing price for Western Asset Mortgage O... was $12.15. Over the last year, Western Asset Mortgage O... shares have traded in a share price range of $ 10.00 to $ 12.3399.

Western Asset Mortgage O... currently has 11,397,523 shares outstanding. The market capitalization of Western Asset Mortgage O... is $138.48 million. Western Asset Mortgage O... has a price to earnings ratio (PE ratio) of 10.04.

DMO Latest News

Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of March 31, 2024

Western Asset Mortgage Opportunity Fund Inc. (NYSE: DMO) today announced the financial position of the Fund as of March 31, 2024. Current Q Previous Q Prior Yr Q March 31, 2024 December 31...

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of June, July and August 2024

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2024. The following dates apply to the...

Western Asset Mortgage Opportunity Fund Inc. (NYSE: DMO) Announces Portfolio Management Team Update

Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Greg Handler Simon Miller Data and commentary...

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of March, April and May 2024

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2024. The following dates apply to the...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0010.0082311301341812.14912.339912.115107112.20920687CS
40.352.9661016949211.812.339911.85176512.09699712CS
120.877.7127659574511.2812.339911.284993111.86907611CS
261.019.0664272890511.1412.339911.145119411.65264692CS
521.1710.655737704910.9812.3399104922711.26299586CS
156-3.51-22.413793103415.6616.29104501511.94725595CS
260-9.29-43.330223880621.4422.59105253713.83697229CS

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
DRMADermata Therapeutics Inc
$ 3.23
(148.46%)
11.86M
NUZENuZee Inc
$ 2.03
(97.09%)
7.33M
PIRSPieris Pharmaceuticals Inc
$ 14.19
(77.82%)
391.3k
BBLGBone Biologics Corporation
$ 1.90
(52.00%)
3.62M
HOTHHoth Therapeutics Inc
$ 1.39
(43.01%)
11.48M
VWEVintage Wine Estates Inc
$ 0.073
(-34.76%)
954.21k
CONNConns Inc
$ 0.3316
(-34.60%)
182.94k
SAGESage Therapeutics Inc
$ 9.60
(-26.61%)
11k
TCBPTC BioPharm Holdings PLC
$ 0.60
(-25.00%)
502
VSTMVerastem Inc
$ 2.70
(-24.79%)
84.92k
ALLRAllarity Therapeutics Inc
$ 0.207
(24.32%)
30.41M
DRMADermata Therapeutics Inc
$ 3.23
(148.46%)
11.86M
HOTHHoth Therapeutics Inc
$ 1.39
(43.01%)
11.48M
SLNASelina Hospitality PLC
$ 0.0296
(13.85%)
10.56M
NUZENuZee Inc
$ 2.03
(97.09%)
7.33M

DMO Discussion

View Posts
bar1080 bar1080 7 years ago
Seeking Alpha has some brilliant income/retirement investors. I don't totally trust SA articles. It's known that some authors have been compensated to pump products. But the comments after the articles are often gold. Unlike the slobbering gambling addicts on IHUB, SA posters are often retired CPAs, CFAs, brokers, lawyers and business execs. Often older investors with real money and decades of experience.

I've owned Walgreen's (was WAG, now WBA) for years. However it's actually been my portfolio's worst performer in the past few years. It does have an excellent history of raising payouts.

The key test for ultra high div stocks is how well they did in recessions such as 2000 or 2009. Huge numbers of mREITs, BDCs, MLPs etc fail during tough times and are soon forgotten (except by those who lost money in them). That's called survivorship bias.

With mREITs especially, the longterm track record is grim.

gotta run now....
👍️0
leftovers leftovers 7 years ago
Nothing that pays more than market rate (about 1%-3%) is without risk.

I clearly understand that I have many of those too. all stocks can run into problems , but I agree the long term buy and hold of the 1-4% in solid companies is the best plan.

Our family Trust has held WMT and WBA since mid eighties went through all the splits and dividend drip. There looking mighty fine at the moment!

I do appreciate your commentary kinda keeps me in check! Also like this outfit you provided.

https://seekingalpha.com/dividends

Cheers
👍️0
bar1080 bar1080 7 years ago
The possible termination date is in 2022, I think. You need to research a lot more than the flashy yield with these stocks.

I used to follow the MVO Oil Trust which was a nice money maker when oil was high. Virtually no one on IHUB realized its payout had an ending date. But that date was pretty far in the future. I'd expect MVO to slowly decline as its end nears.

Nothing that pays more than market rate (about 1%-3%) is without risk.
👍️0
leftovers leftovers 7 years ago
I don't like the sounds of that? the next 3 months distributions have been declared so it won't be this year but I will have to look into that.

SEP
21
2017
Ex-dividend DateDividend amount
$0.225Record date
September 22, 2017Pay date
October 2, 2017

OCT
19
2017
Ex-dividend DateDividend amount
$0.225Record date
October 20, 2017Pay date
November 1, 2017

NOV
22
2017
Ex-dividend DateDividend amount
$0.225Record date
November 24, 2017Pay date
👍️0
bar1080 bar1080 7 years ago
I believe DMO has a possible termination date approaching.
👍️0
leftovers leftovers 7 years ago
[DMO] another one of my dividend payers with no board so just started one. A nice Fund with a history of increasing dividends and in a current uptrend!

Western Asset Mortgage Defined Opportunity Fund Inc. (the Fund) is a non-diversified, limited-term, closed-end management investment company. The Fund's primary investment objective is to provide current income. As a secondary investment objective, the Fund intends to seek capital appreciation. The Fund invests in a portfolio of mortgage-backed securities, consisting of non-agency residential mortgage-backed securities and commercial mortgage-backed securities. The Fund may invest in other permitted investments, including cash and cash equivalents; treasury securities; non-mortgage related asset-backed securities backed by various asset classes, and investment grade and below investment grade fixed income securities. It may also invest in derivative instruments, such as options contracts, futures contracts, options on futures contracts, indexed securities, credit linked notes and credit default swaps. Legg Mason Partners Fund Advisor, LLC is the investment manager of the Fund.
👍️0

Your Recent History

Delayed Upgrade Clock