Western Asset Mortgage Defined Opportunity Fund Inc. Announces Financial Position as of September 30, 2019

NEW YORK--()--Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE: DMO) today announced the financial position of the Fund as of September 30, 2019.

Current Q

 

Previous Q

 

Prior Yr Q

 

 

September 30, 2019

 

June 30, 2019

 

September 30, 2018

Total Assets (a)

$ 309,828,381

$ 308,559,814

$ 326,486,876

Total Net Assets (a)

$ 208,902,848

$ 206,432,887

$ 221,943,632

NAV Per Share of Common Stock (b)

$ 19.90

$ 19.68

$ 21.20

Market Price Per Share

$ 21.76

$ 21.27

$ 23.00

Premium / (Discount)

9.35%

8.08%

8.49%

Outstanding Shares

10,497,211

10,489,018

10,467,325

 
Total Net Investment Income (c)

$ 4,095,318

$ 4,321,303

$ 4,537,590

Total Net Realized/Unrealized Gain/(Loss) (c)

$ 3,139,574

$ 4,273,334

$ 1,749,301

Net Increase/(Decrease) in Net Assets From Operations (c)

$ 7,234,892

$ 8,594,637

$ 6,286,891

 
Earnings per Common Share Outstanding
Total Net Investment Income (c)

$ 0.39

$ 0.41

$ 0.43

Total Net Realized/Unrealized Gain/(Loss) (c)

$ 0.30

$ 0.41

$ 0.17

Net Increase/(Decrease) in Net Assets From Operations (c)

$ 0.69

$ 0.82

$ 0.60

 
Undistributed/(Overdistributed) Net Investment Income (d)

$ (4,835,080)

$ (3,998,017)

$ 5,841,742

Undistributed/(Overdistributed) Net Investment
Income Per Share (d)

$ (0.46)

$ (0.38)

$ 0.56

 
Loan Outstanding (d)

$ 98,000,000

$ 98,000,000

$ 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.

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. Previously, the Fund filed a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT and 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.

Contacts

Investor Contact: Fund Investor Services 1-888-777-0102

 

Contacts

Investor Contact: Fund Investor Services 1-888-777-0102