Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of September 30, 2022

Western Asset Mortgage Opportunity Fund Inc. (NYSE: DMO) today announced the financial position of the Fund as of September 30, 2022.

Current Q

Previous Q

Prior Yr Q

September 30, 2022

June 30, 2022

September 30, 2021

Total Assets (a)

$

243,711,511

 

$

245,347,916

 

$

256,289,436

 

Total Net Assets (a)

$

145,748,553

 

$

151,389,539

 

$

174,829,508

 

NAV Per Share of Common Stock (b)

$

12.75

 

$

13.24

 

$

15.43

 

Market Price Per Share

$

11.11

 

$

11.68

 

$

15.46

 

Premium / (Discount)

 

(12.86

)%

 

(11.78

)%

 

0.19

%

Outstanding Shares

 

11,430,895

 

 

11,433,869

 

 

11,332,779

 

 


Total Net Investment Income (c)

$

3,023,794

 

$

2,889,161

 

$

2,291,828

 

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

$

(5,184,311

)

$

(11,568,032

)

$

5,146,019

 

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

$

(2,160,517

)

$

(8,678,871

)

$

7,437,847

 

Earnings per Common Share Outstanding

Total Net Investment Income (c)

$

0.26

 

$

0.25

 

$

0.20

 

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

$

(0.45

)

$

(1.01

)

$

0.45

 

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

$

(0.19

)

$

(0.76

)

$

0.65

 

 


Undistributed/(Overdistributed) Net Investment Income (d)

$

(7,201,035

)

$

(6,795,561

)

$

(10,317,354

)

Undistributed/(Overdistributed) Net Investment







Income Per Share (d)

$

(0.63

)

$

(0.59

)

$

(0.91

)

 


Reverse Repurchase Agreements (d)

$

89,609,000

 

$

84,310,000

 

$

76,488,000

 

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. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Legg Mason Partners Fund Advisor, LLC, is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”).

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. 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. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Category: Financials

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20221129005511/en/

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