Western Asset Mortgage Opportunity Fund Inc (DMO)
Western Asset Mortgage Opportunity Fund Inc operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $9.52, up 0.53% on the session, giving a market capitalisation of $108.8M. On trailing twelve-month figures it carries a trailing P/E of 11.20, a net margin of 61.7%. Its beta of 0.39 implies it has historically moved less than the broad market.
Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.
Western Asset Mortgage Opportunity Fund Inc is most often compared with the following Financial Services names: