Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $11.84 and traded as high as $12.16. Western Asset Mortgage Opportunity Fund shares last traded at $12.06, with a volume of 90,651 shares trading hands.
Western Asset Mortgage Opportunity Fund Stock Performance
The business has a 50 day moving average price of $12.11 and a two-hundred day moving average price of $11.84.
Western Asset Mortgage Opportunity Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 23rd will be issued a $0.13 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 12.94%. The ex-dividend date of this dividend is Monday, September 23rd.
Hedge Funds Weigh In On Western Asset Mortgage Opportunity Fund
Western Asset Mortgage Opportunity Fund Company Profile
Western Asset Mortgage Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States.
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