Western Asset Mortgage Defined Opportunity Fund Inc (DMO)

About

Western Asset Mortgage Opportunity Fund Inc., Western Asset Mortgage Defined Opportunity Fund Inc., is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income. As a secondary investment objective, the Fund intends to seek capital appreciation. The Fund invests in a portfolio of mortgage-backed securities, consisting of non-agency residential mortgage-backed securities and commercial mortgage-backed securities. The Fund also invest in other permitted investments, including cash and cash equivalents; treasury securities; non-mortgage related asset-backed securities backed by various asset classes, and investment grade and below investment grade fixed income securities. Legg Mason Partners Fund Advisor, LLC is the investment manager of the Fund.