NEW YORK--(BUSINESS WIRE)--Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE: DMO) announced today a distribution from short-term capital gains of $0.1789 per common share, a distribution from long-term capital gains of $0.2665 per common share and a distribution from income of $0.0546 per common share for December 2017. These distributions are in addition to the previously declared income distribution of $0.2250 per common share payable December 29, 2017 to shareholders of record as of December 22, 2017.
The distribution schedule appears below:
|
Month |
Record Date |
Ex-Date |
Payable Date |
Amount |
Type |
|||||
| December | 12/29/2017 | 12/28/2017 | 1/26/2018 | $0.1789 | STCG | |||||
| December | 12/29/2017 | 12/28/2017 | 1/26/2018 | $0.2665 | LTCG | |||||
| December | 12/29/2017 | 12/28/2017 | 1/26/2018 | $0.0546 | Income |
|
STCG - Short-Term Capital Gain |
LTCG - Long-Term Capital Gain |
|
This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2018, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).
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, a wholly-owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
For more information about the Funds, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Funds’ complete audited financial statement 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.