Western Asset Mortgage Opportunity Fund

Western Asset Mortgage Opportunity Fund, Inc. engages in seeking capital appreciation and provision of current income. It invests in a diverse portfolio of mortgage-backed securities which includes non-agency residential and commercial mortgage-backed securities. The company was founded on December 11, 2009 and is headquartered in New York, NY.

Vaneck CLO ETF

Eagle Point Income Company Inc

Janus Henderson AAA CLO ETF

Janus Detroit Street Trust-Janus Henderson B-BBB CLO ETF

Nuveen Mortgage Opportunity Term Fund

Most bread-and-butter income sectors took significant losses this year and this includes high-quality sectors like investment-grade bonds which normally outperform in weakness. In this article, we highlight a trio of niche and overlooked income sectors: CLO debt, asset-backed securities, and non-agency residential mortgages.

Attractive Income Opportunities In Niche And Resilient Sectors

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Eaton Vance Floating-Rate 2022 Target Term Trust

Eaton Vance

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PIMCO Access Income Fund

We review CEF market valuation and performance through the first week of September and highlight recent market action. CEFs had another down week along with the rest of the income space on the back of hawkish Fed commentary.

CEF Weekly Review: MLP CEFs And Portfolio Diversification

Western Asset Diversified Income Fund

We take a look at two 10%-yielding Western Asset credit CEFs: DMO and WDI. The main differentiator is the allocation profile, with DMO primarily holding mortgage securities while WDI is more of a multi-sector credit fund.

DMO And WDI: A Look At Two 10%-Yielding Credit CEFs

Western Asset Global High Income Fund

Western Asset Global Corp Defined Opportunity Fund Inc

Western Asset High Income Opportunity Fund Inc

Western Asset High Income Fund

Western Asset High Yield Defined Opportunity Fund Inc

Western Asset Investment Grade Defined Opportunity Trust

Western Asset Municipal High Income Fund

Western Asset Managed Municipals Fund

Western Asset Municipal Partners Fund Inc

Western Asset

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October, and November 2022

BlackRock Taxable Municipal Bond Trust

Invesco High Income 2023 Target Term Fund

BlackRock MuniVest Fund Inc

Virtus AllianzGI Convertible & Income Fund II

Neuberger Berman High Yield Strategies Fund Inc

Nuveen Municipal Credit Income Fund

Invesco Municipal Income Opportunities Trust

Putnam Master Intermediate Income Trust

Invesco Bond Fund

Vertical Capital Income Fund.

CEF NAVs took a big hit in June and continue to show downward trends as they have for most of this year. That trend is driven by wider spreads. Discounts have tightened a bit in recent weeks and are basically saying that a recession is not imminent. If a recession comes, much wider discounts are likely.

CEF Report July 2022: Not Safe To Tread In Taxables Just Yet

Saba Capital Income & Opportunities Fund

Nuveen Preferred & Income Term Fund

We review CEF market valuation and performance through the second week of July and highlight recent market action. The CEF market was fairly flat on the week as stocks and Treasuries moved in opposite directions.

CEF Weekly Review: CEF Yield Rise Has Outpaced Increase In Leverage Costs

ClearBridge Energy MLP Fund Inc

ClearBridge Energy MLP Total Return Fund Inc

Templeton Emerging Markets Fund

ClearBridge Energy MLP Opportunity Fund Inc

LMP Capital and Income Fund

Templeton Emerging Markets Income Fund

NEW YORK--(BUSINESS WIRE)--Category: Corporate Action

Franklin Templeton Closed-End Funds Announce Share Repurchases for the Second Quarter of 2022

We take a look at a mortgage CEF DMO, trading at a 10% current yield and a 9.6% discount. The fund has a mostly floating-rate profile and a fixed leverage cost until mid-2023, allowing to strongly benefit from rising short-term rates.

DMO: A 10%-Yielding Mortgage CEF With Strong Income Tailwinds

NEW YORK--(BUSINESS WIRE)--Category: Financials

Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of March 31, 2022

Ares Dynamic Credit Allocation Fund

GDL Fund

John Hancock Preferred Income Fund

Dreyfus Strategic Municipals Inc

Nuveen Quality Municipal Income Fund

PCM Fund

Cohen & Steers Reit And Preferred Income Fund Inc

We review CEF market valuation and performance through the last week of March and highlight recent market action.

CEF Weekly Review: Rates Are Up, Why Are My Loan CEFs Down

New York Mortgage Trust

New York Mortgage Trust, Inc. Cum Conv Perp Red Pfd Registered Shs Series D

PIMCO Dynamic Income Opportunities Fund

Two Harbors Investment

Many income portfolios are heavily overweight corporate risk whether through equity or credit-linked securities. Consumer-facing risk offers diversification and good value.

7-8% Yielding Consumer-Linked Assets Worth A Look In This Market Environment

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2022

Apollo Senior Floating Rate Fund

Saba Closed-End Funds ETF

Doubleline Opportunistic Credit Fund

DoubleLine Yield Opportunities Fund

DoubleLine Income Solutions Fund

Nuveen Multi-Asset Income Fund

Pimco California Municipal Income Fund

Flaherty & Crumrine Preferred Income Fund Inc

Flaherty & Crumrine Preferred Income OpportunityFund Inc

Pimco California Municipal Income Fund III

XAI Octagon Floating Rate & Alternative Income Term Trust

We review CEF market valuation and performance through the second week of December and highlight recent market action.

CEF Weekly Market Review: Revisiting Resilient Core Themes

We review CEF market valuation and performance over the fourth week of November and highlight recent mark. The last full week of November continued the weak trend earlier in the month.

CEF Weekly Market Review: Don't Look At CEFs As A Black Box

Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of September 30, 2021

John Hancock Financial Opportunities Fund

Center Coast Brookfield MLP & Energy Infrastructure Fund

MFS Intermediate High Income Fund

MFS High Yield Municipal Trust

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Dreyfus Municipal Bond Infrastructure Fund

Wells Fargo Utilities and High Income Fund

Aberdeen Global Income Fund

First Trust Senior Floating Rate Income Fund II

Federated Premier Municipal Income Fund

Franklin Limited Duration Income Trust

GGM Macro Alignment ETF

Gabelli Go Awhr Registered Shs

Templeton Global Income Fund

Guggenheim Strategic Opportunities Fund

Guggenheim Enhanced Equity Income Fund

Gabelli Utility Trust

Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week.

Weekly Closed-End Fund Roundup: Sept. 26, 2021

Stone Harbor Emerging Markets Income Fund

Stone Harbor Emerging Markets Total Income Fund

Eaton Vance Limited Duration Income Fund

First Trust / Aberdeen Global Opportunity Income Fund

John Hancock Tax-Advantaged Global Shareholder Yield Fund

Nuveen Credit Strategies Income Fund

MFS Intermediate Income Trust

Navistar

'Slip, Slidin Away' - What Happens To Funds That Over-Distribute Their Earnings

BlackRock MuniHoldings Fund

BlackRock MuniYield Quality Fund III Inc

Nuveen AMT-Free Quality Municipal Income Fund

We review CEF market valuation and performance over the third week of August and highlight recent market events. August has delivered fairly flat returns so far with CEF sectors following the moves in major asset classes.

CEF Weekly Market Review: Key Hazards To Watch Out For

Blackrock Investment Quality Municipal Trust

Blackstone/GSO Senior Floating Rate Term Fund

Nuveen Credit Opportunities 2022 Target Term Fund

Nuveen High Income November 2021 Target Term Fund

MFS Municipal Income Trust

Tortoise Energy Independence Fund, Inc.

Tortoise Pipeline & Energy Fund

We review CEF market valuation and performance over the first week of June and highlight recent events. The CEF market pushed higher at the start of June with a favorable backdrop of stable Treasury yields and rising equity prices.

CEF Weekly Market Review: The Everything Rally

Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of March 31, 2021

Virtus AllianzGI Convertible & Income 2024 Target Term Fund

Dreyfus Alcentra Global Credit Income 2024 Target Term Fund, Inc.

Nuveen Intermediate Duration Municipal Term Fund

We have been discussing tight valuations and ways to reduce risk including shifting to open-end mutual funds as you wait out valuations. Another option is shifting to term funds as a mechanism for reducing downside risk and creating that positive skew amidst rich discounts.

Using Term Funds For A Source Of Cash During Market Sell-Offs

Wells Fargo Income Opportunities Fund

Nuveen Preferred & Income Opportunities Fund

Pimco Global Stockplus & Income Fund

Expensive valuations, low underlying yields and increased issuer calls have generated concerns about CEF distribution cuts. We take a look at ways investors can mitigate the risk of CEF distribution cuts.

How To Lower The Risk Of CEF Distribution Cuts

DMO is a leveraged CEF invested in mortgage backed securities, in both the residential and commercial sectors. The fund has a slight discount to NAV and an attractive yield, so it does look tempting here.

DMO: A Look At What I Like And What I Don't

Virtus AllianzGI Convertible & Income Fund

Nuveen Municipal Credit Opportunities Fund

The CEF market has put in very strong returns in the few months since our last update. We discuss some of the key themes driving the CEF market in the medium term.

Key Themes Of The CEF Market

NEW YORK--(BUSINESS WIRE)--Western Asset Mortgage Opportunity Fund Inc. (NYSE: DMO) today announced the financial position of the Fund as of September 30, 2020. Current Q Previous Q Prior Yr Q September 30, 2020 June 30, 2020 September 30, 2019 Total Assets (a) $ 213,779,457 $ 216,627,941 $ 309,828,381 Total Net Assets (a) $ 157,186,901 $ 154,704,453 $ 208,902,848 NAV Per Share of Common Stock (b) $ 14.25 $ 14.08 $ 19.90 Market Price Per Share $ 13.12 $ 14.67 $ 21.76 Premium / (Discount) (7.93)

Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of September 30, 2020

News for Western Asset Mortgage Opportunity Fund ETF (DMO)