Western Asset Mortgage Opportunity Fund Inc (DMO)

Franklin Templeton Announces Distributions for Certain Closed-End Funds for the Months of June, July and August 2026May 14, 2026 8:00 AM
Business Wire Franklin Templeton announced today that certain closed-end funds have declared their distributions for the next three months. Month Record Date Ex-Dividend Date Payable Date June 6/23/2026 6/23/2026 6/30/2026 July 7/24/2026 7/24/2026 7/31/2026 August 8/24/2026 8/24/2026 8/31/2026 Ticker Fund Name Month Amount Change from Previous Distribution EMO ClearBridge Energy Midstream Opportunity June $0.36000 - Fund Inc.* July $0.36000 August $0.36000     PIM Putnam Master Intermediate Income Trust June $0.02200 - July $0.02200     August $0.02200     PPT Putnam Premier Income Trust June $0.02600 - July $0.02600     August $0.02600     WDI Western Asset Diversified Income Fund June $0.14850 - July $0.14850     August $0.14850     EHI Western Asset Global High Income Fund Inc. June $0.07000 - July $0.07000     August $0.07000     GDO Western Asset Global Corporate June $0.12200 - Opportunity Fund Inc. July $0.12200     August $0.12200     HIX Western Asset High Income Fund II Inc. June $0.04900 - July $0.04900     August $0.04900     HIO Western Asset High Income Opportunity June $0.03550 - Fund Inc. July $0.03550     August $0.03550     HYI Western Asset High Yield Opportunity June $0.09500 - Fund Inc. July $0.09500     August $0.09500     SBI Western Asset Intermediate Muni Fund Inc. June $0.04200 - July $0.04200     August $0.04200     IGI Western Asset Investment Grade June $0.07100 - Opportunity Trust Inc. July $0.07100     August $0.07100     MMU Western Asset Managed Municipals Fund Inc. June $0.05450 - July $0.05450     August $0.05450     DMO Western Asset Mortgage Opportunity Fund Inc. June $0.12000 - July $0.12000     August $0.12000     MHF Western Asset Municipal High Income June $0.03400 - Fund Inc. July $0.03400     August $0.03400     This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors/Trustees. If it is estimated that the source of a monthly distribution includes anything other than net investment income, each Fund will provide notice to shareholders containing the estimated sources of the distribution. These notices can be found on each Fund’s website. In early 2027, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). * EMO, which is taxed as a regular C-Corporation, pays ordinary income and/or return of capital and does not pay capital gain distributions. Distributions are considered ordinary income to the extent they are paid out of net investment income and realized capital gains. For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds View source version on businesswire.com: https://www.businesswire.com/news/home/20260514742586/en/ Investor Contact: Fund Investor Services 1-888-777-0102 Original: Franklin Templeton Announces Distributions for Certain Closed-End Funds for the Months of June, July and August 2026

Seeking Alpha has some brilliant income/retirement investors. I don't totally trust SA articles. It's known that some authors have been compensated to pump products. But the comments after the articles are often gold. Unlike the slobbering gambling addicts on IHUB, SA posters are often retired CPAs, CFAs, brokers, lawyers and business execs. Often older investors with real money and decades of experience.

I've owned Walgreen's (was WAG, now WBA) for years. However it's actually been my portfolio's worst performer in the past few years. It does have an excellent history of raising payouts.

The key test for ultra high div stocks is how well they did in recessions such as 2000 or 2009. Huge numbers of mREITs, BDCs, MLPs etc fail during tough times and are soon forgotten (except by those who lost money in them). That's called survivorship bias.

With mREITs especially, the longterm track record is grim.

gotta run now....

Nothing that pays more than market rate (about 1%-3%) is without risk.

I clearly understand that I have many of those too. all stocks can run into problems , but I agree the long term buy and hold of the 1-4% in solid companies is the best plan.

Our family Trust has held WMT and WBA since mid eighties went through all the splits and dividend drip. There looking mighty fine at the moment!

I do appreciate your commentary kinda keeps me in check! Also like this outfit you provided.

https://seekingalpha.com/dividends

Cheers

The possible termination date is in 2022, I think. You need to research a lot more than the flashy yield with these stocks.

I used to follow the MVO Oil Trust which was a nice money maker when oil was high. Virtually no one on IHUB realized its payout had an ending date. But that date was pretty far in the future. I'd expect MVO to slowly decline as its end nears.

Nothing that pays more than market rate (about 1%-3%) is without risk.

I don't like the sounds of that? the next 3 months distributions have been declared so it won't be this year but I will have to look into that.

SEP
21
2017
Ex-dividend DateDividend amount
$0.225Record date
September 22, 2017Pay date
October 2, 2017

OCT
19
2017
Ex-dividend DateDividend amount
$0.225Record date
October 20, 2017Pay date
November 1, 2017

NOV
22
2017
Ex-dividend DateDividend amount
$0.225Record date
November 24, 2017Pay date

I believe DMO has a possible termination date approaching.

[DMO] another one of my dividend payers with no board so just started one. A nice Fund with a history of increasing dividends and in a current uptrend!

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. The Fund may invest in other permitted investments, including cash and cash equivalents; treasury securities; non-mortgage related asset-backed securities backed by various asset classes, and investment grade and below investment grade fixed income securities. It may also invest in derivative instruments, such as options contracts, futures contracts, options on futures contracts, indexed securities, credit linked notes and credit default swaps. Legg Mason Partners Fund Advisor, LLC is the investment manager of the Fund.