DMO News and Press, Western Asset Mortgage Defined Opportunity Fund Inc From 04/09/22

We review CEF market valuation and performance through the last week of March and highlight recent market action. CEFs rallied strongly to close out a pretty poor quarter for returns. We discuss some of the misconceptions surrounding interest rates and the performance of loan CEFs...

Many income portfolios are heavily overweight corporate risk whether through equity or credit-linked securities. Consumer-facing risk offers diversification and good value. We like consumer-linked securities in this environment due to low household leverage, strong wage growth and hig...

We review CEF market valuation and performance through the second week of March and highlight recent market action. All CEF sectors were down this week with the majority of sectors now at double-digit negative returns for the year. We discuss the different flavors of distribution ...

We review CEF market valuation and performance through the third week of February and highlight recent market action. The CEF market had another down week with Munis and EM Debt. Tax-loss rotations tend to happen towards the end of the calendar year, however, the unusual weakness ...

We review CEF market valuation and performance through the second week of February and highlight recent market action. It was another down week for the CEF market with about a quarter of sectors now at double-digit losses for the year. We discuss how CEF sector tilts can drive fun...

Western Asset Mortgage Defined Opportunity Fund (NYSE:DMO) declares $0.105/share monthly dividend, -6.7% decrease from prior dividend of $0.113. Forward yield 8.7% Payable April 1; for shareholders of record March 24; ex-div March 23. Payable May 2; for shareholders of record April 22; ex-div...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2022. The following dates apply to the distribution schedule below: This press release is not for tax reporting purposes b...

PCM's premium to NAV has been receding a bit with the latest market declines, making it a more tempting PIMCO offering. Despite that, the fund's premium has been even lower over the longer term, so that is worth watching. Though it is still a PIMCO fund that often commands higher ...

We review CEF market valuation and performance through the second week of December and highlight recent market action. December has so far provided a respite from a more grim November. We revisit some of our core CEF themes that have been relatively resilient and can continue to p...

We review CEF market valuation and performance over the fourth week of November and highlight recent mark. The last full week of November continued the weak trend earlier in the month. We highlight funds with potential tax-loss selling risk as well as funds that have remained resi...