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Buy DMO
$10.55
-0.120 (-1.12%)
At Close: Jun 23, 2026
DMO: Recent Hike Pushes The Yield On This Mortgage CEF Above 11.5%
04:08am, Thursday, 03'rd Aug 2023
We last discussed DMO about a year ago, highlighting the strong potential for a dividend hike due to a rising net income trajectory. As expected, the fund has indeed hiked the distribution which, alon
DMO: Discount Narrowing Drives Results
03:17pm, Thursday, 20'th Jul 2023
The Western Asset Mortgage Opportunity Fund has seen its discount narrow from the deepest levels it was at previously. The fund increased its distribution despite coverage still coming in light, thoug
Franklin Templeton Closed-End Funds Announce Share Repurchases for the Second Quarter of 2023
08:00am, Thursday, 13'th Jul 2023
NEW YORK--(BUSINESS WIRE)--The following Funds announced today their share repurchase activity during the second quarter of 2023.
CEF Weekly Review: Term CEFs Continue To Be Misunderstood
06:13am, Saturday, 27'th May 2023
We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.
DMO: Deeper Discount, But Risks Also Increase
06:06am, Monday, 27'th Mar 2023
DMO is invested in mortgages, both residential and commercial MBS, as well as other mortgage-related debt securities. With all the uncertainty, a wider discount could be appropriate as credit risks be
VisitPITTSBURGH Unveils New Destination Branding
10:41am, Wednesday, 22'nd Mar 2023
The bold look, created in partnership with Landor & Fitch, demonstrates the many features that attract travelers to the city PITTSBURGH, March 22, 2023 /PRNewswire/ — VisitPITTSBURGH, the Destinatio
CEF Weekly Review: More Of The Same On The Distribution Front
11:02am, Saturday, 18'th Mar 2023
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
CEF Weekly Review: Wide Discounts Make Rights Offerings Necessary
05:04am, Sunday, 29'th Jan 2023
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
Weekly Closed-End Fund Roundup: VFL Tender Results (December 18, 2022)
11:19pm, Tuesday, 27'th Dec 2022
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: Strong Long-Term Results, But Mixed More Recently
12:46pm, Tuesday, 27'th Dec 2022
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
DMO: Not Your Usual Mortgage Fund, 11% Yield
07:37pm, Monday, 26'th Dec 2022
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.
CEF Weekly Review: Factors Behind Higher CEF Yields This Year
05:19pm, Friday, 09'th Dec 2022
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
CEF Weekly Review: Rising Leverage Costs Remain A Headwind For Some Funds
07:47pm, Friday, 07'th Oct 2022
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
CEF Weekly Review: Why Rising Leverage Costs Are Not To Blame For Low Returns
07:39pm, Friday, 23'rd Sep 2022
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
Income Opportunities Come Back In The Triple Dip
10:58am, Tuesday, 20'th Sep 2022
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
