DMO Research | Milton Maxwell

DMO

Western Asset Mortgage Opportunity Fund Inc.

11.45

+0.25+2.23%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

130.40M

P/E (TTM)

8.36

Basic EPS (TTM)

1.37

Dividend Yield

0.14%

Recent Filings

8-K

Bylaws restated, activism hurdles rise

11/20/24Nov 20, 2024

Western Asset Mortgage Opportunity Fund fully restated its bylaws effective November 15, 2024, tightening stockholder special meeting rules to require majority ownership requests—up from typical thresholds—while expanding advance notice for director nominees and proposals. Board retains sole amendment power. Governance tightened.

8-K

Bylaws restated, special meetings restricted

8/18/20Aug 18, 2020

Western Asset Mortgage Opportunity Fund fully restated its bylaws effective August 14, 2020, tightening stockholder special meeting rules to require majority vote requests while imposing strict notice, disclosure, and cost reimbursement mandates. Advance nomination windows narrowed to 120-150 days pre-annual meeting. Board retains sole amendment power. Governance tightened.

8-K

Bylaws enable virtual meetings

4/2/20Apr 2, 2020

Western Asset Mortgage Opportunity Fund amended its bylaws effective April 1, 2020, adding provisions for virtual stockholder meetings via remote communication. The update empowers the Board to opt for fully remote or hybrid formats, with safeguards for verification, participation, and voting records. Flexibility now matches pandemic realities.

8-K

Bylaws fully restated

11/5/19Nov 5, 2019

Western Asset Mortgage Defined Opportunity Fund fully amended and restated its bylaws effective October 31, 2019, tightening stockholder special meeting rules to require majority vote requests and cost prepayment, while imposing strict advance notice for director nominations and proposals. Board retains exclusive amendment power. Governance sharpened.

8-K

New director appointed

1/2/19Jan 2, 2019

Western Asset Mortgage Defined Opportunity Fund appointed Nisha Kumar as director effective January 1, 2019, bringing her CFO experience from Greenbriar Equity, Rent the Runway, and AOL. Dr. Riordan Roett and Leslie H. Gelb retired December 31, 2018. Board refresh complete.

About

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. The fund invests primarily in mortgage-backed securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S. Floating Rate Home Equity Loan Asset Backed Securities Index. Western Asset Mortgage Opportunity Fund Inc. was formed on December 11, 2009 and is domiciled in the United States.

CEO

Mr. Kenneth Donald Fuller

IPO

2/24/2010

Website

https://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=DMO

Sector

Financial Services

Industry

Asset Management