Western Asset Mortgage Defined Opportunity Fund Inc. Announces Financial Position as of September 30, 2018
November 29 2018 - 8:30AM
Business Wire
Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE: DMO)
today announced the financial position of the Fund as of September
30, 2018.
Current Q
Previous Q Prior Yr Q September 30, 2018
June 30, 2018 September 30, 2017 Total Assets (a) $
326,486,876 $ 326,053,140 $ 333,920,782 Total Net Assets (a) $
221,943,632 $ 221,539,888 $ 229,143,537 NAV Per Share of Common
Stock (b) $ 21.20 $ 21.17 $ 21.93 Market Price Per Share $ 23.00 $
23.04 $ 25.57 Premium / (Discount) 8.49 % 8.83 % 16.60 %
Outstanding Shares 10,467,325 10,463,454 10,449,983 Total
Net Investment Income (c) $ 4,537,590 $ 4,290,745 $ 4,278,938 †
Total Net Realized/Unrealized Gain/(Loss) (c) $ 1,749,301 $
376,805 $ 6,583,049 † Net Increase/(Decrease) in Net
Assets From Operations (c) $ 6,286,891 $ 4,667,550 $
10,861,987
Earnings per Common Share
Outstanding Total Net Investment Income (c) $ 0.43 $ 0.41 $
0.41 † Total Net Realized/Unrealized Gain/(Loss) (c) $ 0.17
$ 0.04 $ 0.63 † Net Increase/(Decrease) in Net Assets
From Operations (c) $ 0.60 $ 0.45 $ 1.04
Undistributed/(Overdistributed) Net Investment Income (d) $
5,841,742 $ 7,269,783 $ 12,251,793 †
Undistributed/(Overdistributed) Net Investment Income Per Share (d)
$ 0.56 $ 0.69 $ 1.17 † 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 January 4, 2018.
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, LLC
(“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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version on businesswire.com: https://www.businesswire.com/news/home/20181129005046/en/
Investor Contact:Fund Investor Services1-888-777-0102
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