Western Asset Mortgage Opportunity Fund Inc Stock News

DMO offers a compelling 13.45% yield, far outpacing major bond indices, and most peers, but primarily invests in lower-quality, below-investment-grade mortgages. The fund's high leverage amplifies both returns and volatility; while total returns outperformed indices, net asset value, and share price have declined over time. Commercial mortgages remain troubled, and this could weigh on the fund'...

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Mortgage securities' diversification benefits and potential for higher yields with reduced volatility make them an attractive option for income-oriented investors. Discover Western Asset Management's unique approach to the strategy with the Western Asset Mortgage Opportunities Fund (DMO). Greg Handler, Portfolio Manager and Head of Mortgage and Consumer Credit with Western Asset Management shar...