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Western Asset Mortgage Opportunity Fund Inc. (DMO)

Financial Services | Asset Management | New York, United States | NYSE
10.66 USD +0.02 (0.188%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 10.66

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 4:31 a.m. EDT

The immediate outlook remains flat due to a lack of clear directional momentum, though the asset trades at a significant discount to its book value. However, the long-term investment case is severely compromised by a nearly 50% decline over the last nine years, driven by six consecutive years of negative annual returns. This persistent structural deterioration suggests the market has correctly identified fundamental issues within the mortgage fund structure that simple valuation discounts cannot offset. While the headline yield appears attractive at 13.5%, the payout ratio exceeds 129%, indicating the distribution is funded by capital erosion rather than sustainable earnings, making it unsuitable for income preservation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.021467
AutoARIMA0.022112
AutoETS0.023297
MSTL0.025212

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 60%
H-stat 31.35
Ljung-Box p 0.000
Jarque-Bera p 0.076
Excess Kurtosis -1.58
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-23
Last Dividend Date 2026-06-22
Debt to Equity Ratio 92.286
Revenue per Share 1.998
Market Cap 121,813,184
Trailing P/E 8.88
Beta 0.39
Profit Margins 59.99%
Website https://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=DMO

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.14% 13.17% 13.03% 11.84%
Dividend History
Date Dividend Yield %
2026-06-23 0.120 1.137441
2026-05-21 0.120 1.079137
2026-04-23 0.120 1.101928
2026-03-24 0.120 1.108033
2026-02-20 0.120 1.066667
2026-01-23 0.120 1.098901
2025-12-23 0.120 1.090909
2025-11-20 0.130 1.106383
2025-10-24 0.130 1.090604
2025-09-23 0.130 1.086957
2025-08-22 0.130 1.099831
2025-07-24 0.130 1.099831
2025-06-23 0.130 1.090604
2025-05-22 0.130 1.125541
2025-04-23 0.130 1.135371
2025-03-24 0.130 1.095198
2025-02-21 0.130 1.097046
2025-01-24 0.130 1.115880
2024-12-23 0.130 1.086048
2024-11-21 0.130 1.088777
2024-10-24 0.130 1.076159
2024-09-23 0.130 1.096121
2024-08-23 0.130 1.072607
2024-07-24 0.130 1.077944
2024-06-21 0.130 1.099831
2024-05-22 0.125 1.077586
2024-04-22 0.125 1.077586
2024-03-20 0.125 1.082251
2024-02-21 0.120 1.062888
2024-01-23 0.120 1.081081
2023-12-20 0.120 1.083032
2023-11-21 0.115 1.064815
2023-10-23 0.115 1.124145
2023-09-21 0.115 1.078799
2023-08-23 0.105 0.957156
2023-07-21 0.105 0.962420
2023-06-22 0.105 0.982226
2023-05-22 0.100 0.982318
2023-04-20 0.100 0.975610
2023-03-23 0.100 0.953289
2023-02-17 0.100 0.888889
2023-01-23 0.100 0.904159
2022-12-21 0.100 0.925926
2022-11-21 0.100 0.904159
2022-10-21 0.100 0.940734
2022-09-22 0.100 0.868810
2022-08-23 0.100 0.796813
2022-07-21 0.100 0.846024
2022-06-22 0.100 0.856164
2022-05-20 0.105 0.874271
2022-04-21 0.105 0.822240
2022-03-23 0.105 0.787106
2022-02-17 0.113 0.789106
2022-01-21 0.113 0.749834
2021-12-22 0.113 0.741957
2021-11-19 0.113 0.708908
2021-10-21 0.113 0.714286
2021-09-22 0.113 0.700124
2021-08-23 0.113 0.704050
2021-07-22 0.113 0.717916
2021-06-22 0.113 0.734720
2021-05-20 0.113 0.746367
2021-04-22 0.113 0.761969
2021-03-23 0.113 0.772914
2021-02-18 0.113 0.781466
2021-01-21 0.113 0.800283
2020-12-22 0.113 0.797459
2020-11-19 0.113 0.840774
2020-10-22 0.113 0.835799
2020-09-22 0.113 0.834564
2020-08-21 0.128 0.970432
2020-07-23 0.128 0.917563
2020-06-22 0.128 0.882759
2020-05-20 0.140 1.063022
2020-04-22 0.140 1.146601
2020-03-23 0.140 1.069519
2020-02-20 0.150 0.732064
2020-01-23 0.150 0.720807
2019-12-19 0.150 0.726744
2019-11-21 0.150 0.707547
2019-10-17 0.150 0.680890
2019-09-19 0.150 0.691563
2019-08-22 0.160 0.734619
2019-07-18 0.160 0.738007
2019-06-20 0.160 0.733945
2019-05-23 0.175 0.842156
2019-04-17 0.175 0.849102
2019-03-21 0.175 0.852411
2019-02-14 0.175 0.842967
2019-01-17 0.175 0.829777
2018-12-28 1.481 7.052381
2018-12-20 0.175 0.802752
2018-11-21 0.190 0.887021
2018-10-18 0.190 0.862069
2018-09-20 0.190 0.842572
2018-08-23 0.190 0.844820
2018-07-19 0.190 0.824653
2018-06-21 0.190 0.795978
2018-05-24 0.205 0.845710
2018-04-19 0.205 0.800781
2018-03-22 0.205 0.850976
2018-02-15 0.225 0.912409
2018-01-18 0.225 0.882353
2017-12-28 0.500 2.020202
2017-12-21 0.225 0.907258
2017-11-22 0.225 0.912779
2017-10-19 0.225 0.856164
2017-09-21 0.225 0.886176
2017-08-23 0.235 0.892857
2017-07-19 0.235 0.900383
2017-06-21 0.235 0.896262
2017-05-17 0.235 0.930325
2017-04-19 0.235 0.943775
2017-03-22 0.235 0.992818
2017-02-15 0.235 1.003845
2017-01-18 0.235 1.049107
2016-12-21 0.235 1.027098
2016-11-16 0.235 1.049107
2016-10-19 0.470 1.976451
2016-09-21 0.235 0.972280
2016-08-17 0.235 0.974699
2016-07-20 0.235 0.989474
2016-06-15 0.235 1.015558
2016-05-18 0.235 1.006424
2016-04-20 0.235 1.017757
2016-03-16 0.235 1.039363
2016-02-17 0.210 0.917431
2016-01-20 0.210 0.951949
2015-12-28 0.650 2.757743
2015-12-16 0.210 0.901675
2015-11-18 0.210 0.895904
2015-10-21 0.548 2.249589
2015-09-16 0.210 0.852965
2015-08-19 0.210 0.841009
2015-07-22 0.210 0.845070
2015-06-17 0.210 0.855397
2015-05-20 0.180 0.731410
2015-04-15 0.180 0.746269
2015-03-18 0.180 0.747819
2015-02-18 0.160 0.659522
2015-01-21 0.160 0.666945
2014-12-29 1.216 5.075125
2014-12-17 0.160 0.659522
2014-11-19 0.160 0.661978
2014-10-22 0.160 0.665004
2014-09-17 0.160 0.663900
2014-08-20 0.160 0.658165
2014-07-16 0.160 0.656545
2014-06-18 0.160 0.659794
2014-05-21 0.150 0.630252
2014-04-15 0.150 0.651890
2014-03-19 0.150 0.655022
2014-02-19 0.150 0.649070
2014-01-22 0.150 0.647668
2013-12-27 0.762 3.340640
2013-12-18 0.150 0.654450
2013-11-20 0.150 0.672646
2013-10-16 0.150 0.675980
2013-09-18 0.150 0.674157
2013-08-21 0.150 0.692841
2013-07-17 0.150 0.684619
2013-05-22 0.150 0.574273
2013-04-17 0.150 0.587774
2013-03-13 0.150 0.559702
2013-02-13 0.150 0.586854
2013-01-16 0.150 0.575153
2012-12-26 0.900 3.618818
2012-12-12 0.150 0.571864
2012-11-20 0.150 0.585252
2012-10-17 0.150 0.574493
2012-09-19 0.328 1.274281
2012-08-22 0.150 0.628141
2012-07-18 0.150 0.661376
2012-06-20 0.150 0.683060
2012-05-16 0.150 0.669344
2012-04-18 0.150 0.683995
2012-03-21 0.150 0.709555
2012-02-15 0.150 0.688073
2012-01-18 0.150 0.754148
2011-12-27 0.200 1.010611
2011-12-14 0.150 0.788644
2011-11-16 0.150 0.756430
2011-10-19 0.150 0.748130
2011-09-21 0.150 0.729572
2011-08-17 0.140 0.693413
2011-07-20 0.140 0.666667
2011-06-15 0.140 0.665716
2011-05-18 0.140 0.626398
2011-04-19 0.140 0.649351
2011-03-16 0.140 0.630063
2011-02-16 0.140 0.619469
2011-01-19 0.140 0.643974
2010-12-21 0.140 0.668896
2010-11-17 0.140 0.658824
2010-10-20 0.140 0.667939
2010-09-15 0.140 0.677966
2010-08-18 0.140 0.682261
2010-07-21 0.140 0.701052
2010-06-16 0.140 0.712831
2010-05-12 0.140 0.685938
Additional Data
dividendRate 1.44
dividendYield 13.53
exDividendDate 2026-07-24
trailingAnnualDividendRate 1.55
trailingAnnualDividendYield 0.14567669
lastDividendValue 0.12
lastDividendDate 2026-06-23
dividendDate 2019-03-01

Info Dump

Attribute Value
52 Week Change -0.10663307
Address1 One Madison Avenue
Address2 17th Floor
All Time High 27.56
All Time Low 10.0
Ask 11.3
Ask Size 500
Average Daily Volume10 Day 42,470
Average Daily Volume3 Month 37,763
Average Volume 37,763
Average Volume10Days 42,470
Beta 0.394
Bid 10.59
Bid Size 300
Book Value 11.682
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.66
Current Ratio 0.038
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 10.69
Day Low 10.605
Debt To Equity 92.286
Display Name Western Asset Mortgage Opportunity Fund
Dividend Date 1,551,398,400
Dividend Rate 1.44
Dividend Yield 13.53
Earnings Growth -0.246
Earnings Quarterly Growth -0.243
Earnings Timestamp End 1,731,581,940
Earnings Timestamp Start 1,731,581,940
Ebitda Margins 0.0
Enterprise To Revenue 10.62
Enterprise Value 242,462,288
Eps Trailing Twelve Months 1.2
Esg Populated 0
Ex Dividend Date 1,784,851,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.8598
Fifty Day Average Change -0.19980049
Fifty Day Average Change Percent -0.018398173
Fifty Two Week Change Percent -10.663307
Fifty Two Week High 12.11
Fifty Two Week High Change -1.4499998
Fifty Two Week High Change Percent -0.11973574
Fifty Two Week Low 10.42
Fifty Two Week Low Change 0.23999977
Fifty Two Week Low Change Percent 0.023032608
Fifty Two Week Range 10.42 - 12.11
Financial Currency USD
First Trade Date Milliseconds 1,267,021,800,000
Five Year Avg Dividend Yield 11.66
Free Cashflow 5,057,957
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 22,831,356
Has Pre Post Market Data 1
Held Percent Insiders 0.00024000001
Held Percent Institutions 0.28447
Implied Shares Outstanding 11,427,128
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,782,172,800
Last Dividend Value 0.12
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Western Asset Mortgage Opportunity Fund Inc.
Market us_market
Market Cap 121,813,184
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_83115858
Most Recent Quarter 1,767,139,200
Net Income To Common 13,697,393
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 121,584,641
Open 10.64
Operating Cashflow 11,864,186
Operating Margins 0.86324
Payout Ratio 1.2917
Phone 800-822-5544
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 10.66
Post Market Time 1,783,976,700
Previous Close 10.64
Price Hint 2
Price To Book 0.9125149
Price To Sales Trailing12 Months 5.335346
Profit Margins 0.59994
Quick Ratio 0.032
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0199995
Regular Market Change Percent 0.187965
Regular Market Day High 10.69
Regular Market Day Low 10.605
Regular Market Day Range 10.605 - 10.69
Regular Market Open 10.64
Regular Market Previous Close 10.64
Regular Market Price 10.66
Regular Market Time 1,783,972,802
Regular Market Volume 86,408
Return On Assets 0.047709998
Return On Equity 0.101289995
Revenue Growth -0.015
Revenue Per Share 1.998
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 11,427,128
Shares Percent Shares Out 0.0011
Shares Short 16,547
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 19,600
Short Name Western Asset Mortgage Defined
Short Ratio 0.31
Source Interval 15
State NY
Symbol DMO
Total Cash 2,546,901
Total Cash Per Share 0.223
Total Debt 123,196,000
Total Revenue 22,831,356
Tradeable 0
Trailing Annual Dividend Rate 1.55
Trailing Annual Dividend Yield 0.14567669
Trailing Eps 1.2
Trailing P E 8.883333
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.21665
Two Hundred Day Average Change -0.55665016
Two Hundred Day Average Change Percent -0.049627133
Type Disp Equity
Volume 86,408
Website https://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=DMO
Zip 10,010