STOCK TITAN

Western Asset Mortgage Opportunity Fund Inc. - DMO STOCK NEWS

Welcome to our dedicated page for Western Asset Mortgage Opportunity Fund news (Ticker: DMO), a resource for investors and traders seeking the latest updates and insights on Western Asset Mortgage Opportunity Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Western Asset Mortgage Opportunity Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Western Asset Mortgage Opportunity Fund's position in the market.

Rhea-AI Summary

Western Asset Mortgage Opportunity Fund (NYSE: DMO) announced its financial position as of March 31, 2024. The Fund's total assets increased to $254.47 million from $240.60 million in the previous quarter and $235.31 million the prior year. Total net assets rose to $138.63 million compared to $137.17 million last quarter, mirroring the previous year's $138.63 million. NAV per share grew to $12.18, with the market price per share at $11.71. The premium/discount gap narrowed to -3.86% from -7.30% last quarter. The Fund's total net investment income increased to $3.52 million from $2.94 million the previous quarter. The total net realized/unrealized gain also rose to $2.10 million. However, the Fund's undistributed net investment income per share fell further to -$0.90. Reverse repurchase agreements jumped to $109.71 million from $100 million last quarter.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
-
Rhea-AI Summary
Franklin Resources announces changes to the portfolio management team for the Fund effective March 1, 2024. The team includes Michael Buchanan, Greg Handler, and Simon Miller. The press release emphasizes that the data and commentary are for informational purposes only, and Franklin Resources and its affiliates do not sell shares of the Fund.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
-
Rhea-AI Summary
Western Asset Mortgage Opportunity Fund Inc. (DMO) announced its financial position as of September 30, 2023. Total assets were $243.93 million, with total net assets at $136.17 million. NAV per share of common stock was $11.96, and the market price per share was $10.71. The fund reported a net increase in net assets from operations of $3.07 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
none
Western Asset Mortgage Opportunity Fund Inc.

NYSE:DMO

DMO Rankings

DMO Stock Data

139.33M
11.33M
37.6%
0.5%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
New York