Western Asset Mortgage Opportunity FundDMO
About: Western Asset Mortgage Defined Opportunity Fund Inc 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 will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing in a diverse portfolio of mortgage-backed securities, consisting of non-agency residential mortgage-backed securities and commercial mortgage-backed securities.
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
1.15% more ownership
Funds ownership: 20.08% [Q3] → 21.22% (+1.15%) [Q4]
4% more capital invested
Capital invested by funds: $27.3M [Q3] → $28.5M (+$1.16M) [Q4]
11% less funds holding
Funds holding: 45 [Q3] → 40 (-5) [Q4]
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Research analyst outlook
We haven’t received any recent analyst ratings for DMO.
Financial journalist opinion






