Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Declares $0.12 Monthly Dividend

Posted by Geri Gentry on Aug 6th, 2026

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Shareholders of record on Friday, November 20th will be paid a dividend of 0.12 per share by the investment management company on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 13.9%. The ex-dividend date is Friday, November 20th.

Western Asset Mortgage Opportunity Fund Price Performance

Shares of DMO opened at $10.36 on Thursday. Western Asset Mortgage Opportunity Fund has a 12-month low of $10.31 and a 12-month high of $12.11. The business’s 50 day moving average is $10.64 and its 200 day moving average is $10.89.

Hedge Funds Weigh In On Western Asset Mortgage Opportunity Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC grew its stake in shares of Western Asset Mortgage Opportunity Fund by 171.9% in the 2nd quarter. CoreCap Advisors LLC now owns 17,400 shares of the investment management company’s stock worth $186,000 after buying an additional 11,000 shares in the last quarter. Noble Wealth Management PBC grew its stake in shares of Western Asset Mortgage Opportunity Fund by 14.5% during the second quarter. Noble Wealth Management PBC now owns 39,837 shares of the investment management company’s stock valued at $427,000 after buying an additional 5,040 shares during the last quarter. Royal Bank of Canada increased its stake in Western Asset Mortgage Opportunity Fund by 2.7% in the first quarter. Royal Bank of Canada now owns 401,952 shares of the investment management company’s stock worth $4,321,000 after purchasing an additional 10,721 shares during the period. Janney Montgomery Scott LLC bought a new stake in Western Asset Mortgage Opportunity Fund during the 1st quarter valued at about $114,000. Finally, Commonwealth Equity Services LLC grew its stake in Western Asset Mortgage Opportunity Fund by 3.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 35,897 shares of the investment management company’s stock worth $397,000 after purchasing an additional 1,097 shares in the last quarter.

Western Asset Mortgage Opportunity Fund Company Profile

(Get Free Report)

Western Asset Mortgage Opportunity Fund, Inc (NYSE: DMO) is a closed‐end management investment company that seeks to provide a high level of current income, with capital preservation as a secondary objective. The fund pursues these goals by allocating its assets among a diversified portfolio of mortgage‐related securities.

The fund’s core investments include agency and non‐agency residential mortgage‐backed securities (MBS), commercial mortgage‐backed securities (CMBS) and asset‐backed securities (ABS) secured by pools of auto loans, credit card receivables, home equity loans and other consumer debt obligations.