Western Asset Mortgage Opp Fund Inc.:DMO

    Manage Alerts

    Overview

    As of 6/11/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$15.52$15.112.71%
    52 Wk Avg$14.19$14.59-2.75%
    52 Wk High$15.67$15.136.64%
    52 Wk Low$12.50$13.95-10.39%
    Regular Distribution TypeIncome Only
    Distribution Rate8.70%
    Distribution Amount$0.1125
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to achieve its investment objectives by investing primarily in a diverse portfolio of mortgage-backed securities (MBS), consisting primarily of non-agency residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS). The Fund intends to invest in MBS directly, and indirectly through a separate investment in a public-private investment fund formed in connection with the Legacy Securities Public-Private Investment Program (PPIP) established by the U.S. Department of the Treasury. Under normal circumstances, the Fund will invest at least 80% of its Managed Assets in MBS directly, and indirectly by investing in a private feeder fund which invests substantially all of its assets, alongside the Treasury, in a master fund that has been organized to invest directly in MBS and other assets eligible for purchase under PPIP. The Fund also may invest up to 20% of its Managed Assets directly in other permitted investments as described in this prospectus. Based upon current market conditions, the Fund anticipates it will have initial portfolio allocations of approximately 80% to 100% of Managed Assets in RMBS, 0% to 10% of Managed Assets in CMBS, and 0% to 10% of Managed Assets in other permitted investments. It is expected that these allocations will change over the life of the Fund. The Fund is not limited in its ability to invest in below investment grade or illiquid securities.

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$211.620M
    Total Common Assets:$166.620M
    Common Shares Outstanding:11,027,114
    Leverage

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $45.000M
    Regulatory Leverage (USD): $45.000M
    Effective Leverage (USD): $45.000M
    Effective Leverage (%): 21.26%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 2.53%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Greg E. Handler, Anup Agarwal, S. Kenneth Leech

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: DMO
    NAV Ticker: XDMOX
    Average Daily Volume (shares): 60,792
    Average Daily Volume (USD): $0.860M
    Inception Date: 2/24/2010
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 6/11/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2020
    $0.5783
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    8.93%
    Total Return on NAV (12 months):
    As of 6/11/2021
    26.72%
    Avg. Portfolio Coupon:
    As of 6/11/2021
    5.01%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    21.26%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-2.43%
    1 Year-2.75%
    3 Year3.30%
    5 Year7.73%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month2.52
    6 Month2.15
    1 Year1.61
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD9.70%4.03%10.46%4.01%
    2020-22.12%-14.68%1.13%3.11%
    20199.67%11.65%21.79%13.91%
    2018-1.28%9.26%-5.54%-2.01%
    201724.28%19.70%9.77%9.23%
    201610.75%4.47%19.94%16.22%
    201513.36%5.44%-4.93%-4.43%
    201416.87%17.55%2.04%2.36%
    201312.06%15.65%2.61%9.80%
    201239.84%42.32%16.41%20.47%
    2011-0.43%-5.29%11.14%4.54%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2021
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/11/2021
    5.01%
    Number of Holdings:
    As of 4/30/2021
    236
    Annual Portfolio Turnover:
    As of 12/31/2020
    11.00%
    Average Bond Price:
    As of 4/30/2021
    $90.62
    Asset Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Securitized (Super Sector)121.94%
    Asset Backed39.99%
    Agency Mortgage Backed37.38%
    Non Agency Residential Mortgage Backed25.82%
    Government Commercial Mortgage Backed18.74%
    Cash Equivalents (Super Sector)3.46%
    Cash Equivalents3.46%
    Corporate Bond1.93%
    Government (Super Sector)0.00%
    Government Related0.00%
    Top Holdings

    As of 4/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Federal Home Loan Mortgage Corporation 11.86%$6.29M3.81%
    BANC AMERICA FDG 2015-R4 8.58%$5.39M3.26%
    Fhlmc Wlst 4.49%$4.77M2.89%
    LEGACY MORTGAGE ASSET TRUST 4.25%$4.52M2.74%
    Banc America Fdg 2015-R2 0.37%$4.46M2.70%
    Federal Home Loan Mortgage Corporation 10.61%$3.99M2.42%
    Federal National Mortgage Association 9.36%$3.95M2.39%
    Csmc Series 2014-11R 0.25%$3.57M2.16%
    Federal Home Loan Mortgage Corporation 11.11%$3.50M2.12%
    Societe Generale Repo Loan$-45.00M-27.26%
    Maturity Breakdown

    As of 4/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income122.18%
    Others - Fixed Income1.62%
    Invalid Country - Fixed Income0.00%
    France - Fixed Income-27.26%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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