Western Asset Mortgage Defined Stock News

We review CEF market valuation and performance through the second week of March and highlight recent market action. CEFs mostly struggled, outside of the higher-quality sectors as two bank failures sp

We review CEF market valuation and performance through the third week of January and highlight recent market action. CEFs had another strong week with most sectors seeing both NAV gains and discount t

2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.

DMO was a fund brought up recently that has interested me in the past, but one that I've never covered. Over the long-term, this is the best-performing mortgage fund, but other timeframes reflect mixe

Western Asset Mortgage Opportunity Fund Inc. (DMO) is a closed end fund focused on mortgages. Unlike some of its peers in the space, DMO takes on significant credit risk through its holdings.

We review closed-end fund market valuation and performance through the first week of December and highlight recent market action. CEFs had a strong week, with all sectors seeing positive total NAV ret

We review CEF market valuation and performance through the last week of September and highlight recent market action. September was the worst month for CEFs since March of 2020, with a double-digit dr

We review CEF market valuation and performance through the third week of September and highlight recent market action. CEFs had a tough week due to an upside surprise in inflation which pushed nearly

The income market has gyrated widely this year in response to changing market conditions and Fed's stance. We discuss why we didn't chase the June-August rally and why we are now seeing value reemerge

Most bread-and-butter income sectors took significant losses this year and this includes high-quality sectors like investment-grade bonds which normally outperform in weakness. In this article, we hig

We review CEF market valuation and performance through the first week of September and highlight recent market action. CEFs had another down week along with the rest of the income space on the back of

We take a look at two 10%-yielding Western Asset credit CEFs: DMO and WDI. The main differentiator is the allocation profile, with DMO primarily holding mortgage securities while WDI is more of a mult

We review CEF market valuation and performance through the second week of July and highlight recent market action. The CEF market was fairly flat on the week as stocks and Treasuries moved in opposite

We take a look at a mortgage CEF DMO, trading at a 10% current yield and a 9.6% discount. The fund has a mostly floating-rate profile and a fixed leverage cost until mid-2023, allowing to strongly ben

We review CEF market valuation and performance through the last week of March and highlight recent market action.