Western Asset Mortgage Opportunity Fund Inc. - Market Price (%)
Month End
As of 11/30/2025
Fixed Income
DMO Western Asset Mortgage Opportunity Fund Inc.
Popular Documents
Overview
Fund Facts
Fund description
Provides a leveraged portfolio, consisting primarily of non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS) and mortgage whole loans. Seeks current income, with a secondary investment objective of capital appreciation. Emphasizes team management and extensive credit research expertise to identify attractively priced securities.
- Fund Inception Date
- 02/26/2010
- Total Net Assets
As of 12/31/2025 (Updated Monthly) - $133.49 Million
- Dividend Frequency, if any
- Monthly
- Morningstar Category
5 - Intermediate Core-Plus Bond
- Asset Class
- Fixed Income
Identifiers
- Ticker
- DMO
- NAV Symbol
- XDMOX
- CUSIP Code
- 95790B109
Average Annual Total Returns As of 11/30/2025
- 10.67%1 Year
- 15.13%3 Years
- 8.08%5 Years
- 5.73%10 Years
- 9.07%Since Inception
02/24/2010
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 12/31/2025 % of Total (Updated Monthly)
Residential Mortgages - New-Issue RMBS26.58% | |
Commercial Mortgages - Large Loan Credit (SASB)17.78% | |
Residential Mortgages - GSE Risk Transfer17.51% | |
Residential Mortgages - Legacy Residential Mortgages16.02% | |
Credit4.26% |
Additional Fund Info
- Listing Exchange
- NYSE - XNYS
- Fiscal Year End
- December 31
- Benchmark
- ICE BofA U.S. Floating Rate Home Equity Loan Asset Backed Securities Index
- Lipper Classification
- N/A
- Investment Style
- Securitized
Trading Characteristics
- Shares Outstanding
- 11,427,128
- Daily Volume
- 146,729
Manager
About the Team
Western Asset
Western Asset Management is one of the world's leading global fixed income managers. Founded in 1971, the firm is known for team management and proprietary research, supported by robust risk management and a long-term fundamental value approach.
Latest Insights
January 6, 2026
December 15, 2025
October 30, 2025
October 30, 2025
Performance
Average Annual Total Returns
As of 11/30/2025
Selected Month November 2025
Western Asset Mortgage Opportunity Fund Inc. - NAV (%)
Month End
As of 11/30/2025
ICE BofA U.S. Floating Rate Home Equity Loan Asset Backed Securities Index (%)
Month End
As of 11/30/2025
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.
Portfolio
Assets
As of11/30/2025 (Updated Monthly)
Positions
As of 11/30/2025 (Updated Monthly)
Number of Holdings
- Fund
- 410
Portfolio Statistics
As of 11/30/2025 (Updated Monthly)
Cash Flow
- Fund
- 11.92%
- Fund
- 12.86 Years
- Fund
- 3.98 Years
Sector Allocation
As of 12/31/2025 % of Total (Updated Monthly)
| Sector | Fund |
|---|---|
Residential Mortgages - New-Issue RMBS | 26.58% |
Commercial Mortgages - Large Loan Credit (SASB) | 17.78% |
Residential Mortgages - GSE Risk Transfer | 17.51% |
Residential Mortgages - Legacy Residential Mortgages | 16.02% |
Credit | 4.26% |
Commercial Mortgages - Agency CMBS | 3.61% |
Opportunistic ABS - CLO | 3.51% |
Commercial Mortgages - Conduit Credit | 2.16% |
Commercial Mortgages - CLO CRE | 1.79% |
Opportunistic ABS - Student Loans | 1.45% |
Opportunistic ABS - Clean Energy | 0.89% |
Residential Mortgages - Other Residential Mortgages | 0.87% |
Opportunistic ABS - Pooled Aircraft | 0.54% |
Opportunistic ABS - Franchise | 0.41% |
Opportunistic ABS - Rental Car | 0.27% |
Opportunistic ABS - Fiber Infrastructure | 0.27% |
Opportunistic ABS - Loans | 0.23% |
Opportunistic ABS - Insurance Linked | 0.23% |
Opportunistic ABS - Time Share | 0.12% |
Cash & Cash Equivalents | 1.50% |
Holdings
As of 11/30/2025 (Updated Monthly)
FREDDIE MAC STACR STACR 2018 16.0473% Mat 05/25/2043
GS MORTGAGE SECURITIES CORP II 10.3333% Mat 03/10/2041
STACR TRUST 2018-HRP2 14.7973% Mat 02/25/2047
Fannie Mae - CAS 2016 C06 1B 13.5473% Mat 04/25/2029
280 Park Avenue Mortgage Trust 2017 280P E 6.5029% Mat 09/15/2034
Aegis Asset Backed Securities Trust 2005 3 M3 4.8405% Mat 08/25/2035
Freddie Mac - STACR 2018 SPI4 B 4.5095% Mat 11/25/2048
CONSECO FINANCE CORP 7.0200% Mat 05/01/2031
Multifamily Connecticut Avenue Securities 2019 01 CE 13.0473% Mat 10/25/2049
GS Mortgage Securities Trust 2018 LUAU G 8.7792% Mat 11/15/2032
Portfolio holdings are based on total portfolio, and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. Any negative allocations or allocations in excess of 100% are primarily due to unsettled trade activities.
Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance.
Distributions & Tax
- Distribution Frequency
- MonthlyThis fund is an ex-Dividend fund
Rates and Yields
Distribution Rate
At Net Asset Value (NAV) 12.26%
At Market Price 12.91%
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
02/20/2026
01/23/2026
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report for specific information regarding distributions.
Pricing
Pricing History
As of 01/09/2026 (Updated Daily)
Daily Fund Prices
As of 01/09/2026
Share Prices
As of 01/09/2026
52-Week Range
- Highest NAV
- $12.25
- Lowest NAV
- $11.67
- Highest Market Price
- $12.10
- Lowest Market Price
- $10.85
Premium / Discount
As of 01/09/2026
- Avg. of Market Price vs. NAV at Close
- -5.11%
Press Releases
12/31/2025
12/01/2025
11/24/2025
11/20/2025
11/03/2025
10/21/2025
10/01/2025
09/02/2025
08/06/2025
08/01/2025
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Western Asset Mortgage Opportunity Fund Inc. | |||
| Closed-End Funds Product Guide | |||
| Distribution Summary - Franklin Templeton Closed-End Fund | |||
| Market Commentary - Western Asset Structured Opportunities Sector |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Western Asset Mortgage Opportunity Fund Inc. | |||
| Semi-Annual Report - Western Asset Mortgage Opportunity Fund Inc. | |||
| Policy and Procedures - Audit Committee Charter | |||
| Policy and Procedures - Compensation Committee Charter | |||
| Policy and Procedures - Nominating Committee Charter February 2024 | |||
| Nominating Committee Charter | |||
| Fiscal Q1 Holdings - Western Asset Mortgage Opportunity Fund Inc. | |||
| Fiscal Q3 Holdings - Western Asset Mortgage Opportunity Fund Inc. | |||
| Supplement dated July 31, 2020 |
Risks
All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Liquidity risk exists when securities or other investments become more difficult to sell, or are unable to be sold, at the price at which they have been valued. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. Asset-backed, mortgage-backed or mortgage-related securities are subject to prepayment and extension risks. Leverage increases the volatility of investment returns and subjects investments to magnified losses and a decline in value. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. The portfolio is non-diversified and may invest in a relatively small number of issuers, which may negatively impact the fund's performance and result in greater fluctuation in the value of the fund's shares.
Important Information
The Closed-End Funds are not sold or distributed by Franklin Distributors, LLC. (FD, LLC) or any Franklin Templeton affiliated companies. Unlike open-end funds, shares are not continually offered. Like other public companies, closed-end funds have a one-time initial public offering, and once their shares are first issued, are generally bought and sold through non-affiliated broker/dealers and trade on nationally recognized stock exchanges. Share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of exchange-traded closed-end funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value. Investment return, market price and net asset value will fluctuate with changes in market conditions. The Funds are subject to investment risks, including the possible loss of principal invested.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
The ICE BofA U.S. Floating Rate Home Equity Loan Asset Backed Securities Index tracks the performance of U.S. dollar-denominated investment-grade floating-rate asset-backed securities collateralized by home equity loans publicly issued in the U.S. domestic market. Qualifying securities must have an investment-grade rating, at least one year remaining to final stated maturity, a floating-rate coupon, and an original deal size for the collateral group of at least $250 million.
Source: The index data referenced herein is the property of Intercontinental Exchange ("ICE") and/or its licensors and has been licensed for use by Franklin Templeton. ICE and its licensors accept no liability in connection with this use.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.