Favorable News Coverage Somewhat Unlikely to Affect Western Asset Mrtg Defined Oppn Fund (DMO) Share Price
News stories about Western Asset Mrtg Defined Oppn Fund (NYSE:DMO) have trended positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Western Asset Mrtg Defined Oppn Fund earned a daily sentiment score of 0.40 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 45.1503703841332 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Western Asset Mrtg Defined Oppn Fund (NYSE:DMO) traded down $0.27 during trading on Thursday, hitting $24.33. The stock had a trading volume of 65,850 shares, compared to its average volume of 65,923. Western Asset Mrtg Defined Oppn Fund has a 12 month low of $20.95 and a 12 month high of $27.29.
The firm also recently declared a monthly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Friday, October 20th were issued a dividend of $0.225 per share. The ex-dividend date was Thursday, October 19th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 11.10%.
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About Western Asset Mrtg Defined Oppn Fund
Western Asset Mortgage Defined Opportunity Fund Inc (the Fund) is a non-diversified, limited-term, 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.
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