Western Asset Mortgage Defined Opportunity Fund Inc. Announces Financial Position as of March 31, 2018
May 22 2018 - 8:30AM
Business Wire
Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE: DMO)
today announced the financial position of the Fund as of March 31,
2018.
Current Q
Previous Q Prior Yr Q March 31, 2018
December 31, 2017 March 31, 2017 Total Assets (a) $
327,701,892 $ 330,416,574 $ 329,563,749 Total Net Assets (a) $
223,069,595 $ 222,333,091 $ 219,498,746 NAV Per Share of Common
Stock (b) $ 21.33 $ 21.27 $ 21.02 Market Price Per Share $ 24.43 $
24.67 $ 23.70 Premium / (Discount) 14.53% 15.98% 12.75% Outstanding
Shares 10,460,013 10,454,880 10,443,647 Total Net Investment
Income (c) $ 4,435,483 $ 3,536,002 $ 4,035,897 † Total Net
Realized/Unrealized Gain/(Loss) (c) $ 3,025,234 $ 1,820,461 $
6,624,414 † Net Increase/(Decrease) in Net Assets From Operations
(c) $ 7,460,717 $ 5,356,463 $ 10,660,311
Earnings per Common
Share Outstanding
Total Net Investment Income (c) $ 0.42 $ 0.34 $ 0.39 † Total Net
Realized/Unrealized Gain/(Loss) (c) $ 0.29 $ 0.17 $ 0.63 † Net
Increase/(Decrease) in Net Assets From Operations (c) $ 0.71 $ 0.51
$ 1.02 Undistributed/(Overdistributed) Net Investment Income
(d) $ 9,256,403 $ 11,670,770 $ 16,538,308 †
Undistributed/(Overdistributed) Net Investment Income Per Share (d)
$ 0.88 $ 1.12 $ 1.58 † Loan Outstanding (d) $ 101,750,000 $
101,750,000 $ 101,750,000 Footnotes: (a)
The difference between total assets and total net
assets is due primarily to the Fund’s use of borrowings; total net
assets do not include borrowings. (b) NAVs are calculated as of the
close of business on the last business day in the periods indicated
above. (c) For the quarter indicated. (d) As of the period
indicated above. † Amount revised from the press release dated May
15, 2017.
This financial data is unaudited.
The Fund files its semi-annual and annual
reports with the Securities and Exchange Commission, as well as its
complete schedule of portfolio holdings for the first and third
quarters of each fiscal year on Form N-Q. These reports are
available on the Commission’s website at www.sec.gov. To obtain
information on Form N-Q or a semi-annual or annual report from the
Fund, shareholders can call 1-888-777-0102.
Western Asset Mortgage Defined Opportunity Fund Inc., a
non-diversified, limited term, closed-end management investment
company, is managed by Legg Mason Partners Fund Advisor, LLC
(“LMPFA”), a wholly-owned subsidiary of Legg Mason, Inc. (“Legg
Mason”) and is sub-advised by Western Asset Management Company
(“Western Asset”), an affiliate of the investment manager.
For more information about the Fund, please call 1-888-777-0102
or consult the Fund’s web site at www.lmcef.com. Hard copies of the
Fund’s complete audited financial statements are available free of
charge upon request.
Data and commentary provided in this press release are for
informational purposes only. Legg Mason and its affiliates do not
engage in selling shares of the Fund.
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Investors:Western Asset Mortgage Defined Opportunity Fund
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