Western Asset Mortgage Defined Opportunity Fund Inc (NYSE:DMO) Sentiment Worsened, Because

Sentiment for Western Asset Mortgage Defined Opportunity Fund Inc (NYSE:DMO)

Western Asset Mortgage Defined Opportunity Fund Inc (NYSE:DMO) institutional sentiment decreased to 1.57 in Q2 2019. Its down -0.43, from 2 in 2019Q1. The ratio is negative, as 11 hedge funds increased and opened new positions, while 7 cut down and sold equity positions in Western Asset Mortgage Defined Opportunity Fund Inc. The hedge funds in our partner’s database reported: 556,407 shares, up from 533,510 shares in 2019Q1. Also, the number of hedge funds holding Western Asset Mortgage Defined Opportunity Fund Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 5 New Position: 6.

Western Asset Mortgage Defined Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The company has market cap of $234.09 million. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It currently has negative earnings. It invests in the fixed income markets of the United States.

The stock increased 0.63% or $0.14 during the last trading session, reaching $22.3. About 42,008 shares traded or 32.84% up from the average. Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE:DMO) has risen 1.28% since October 12, 2018 and is uptrending. It has outperformed by 1.28% the S&P500.

Regal Investment Advisors Llc holds 0.05% of its portfolio in Western Asset Mortgage Defined Opportunity Fund Inc. for 13,122 shares. Cambridge Investment Research Advisors Inc. owns 59,325 shares or 0.01% of their US portfolio. Moreover, Next Financial Group Inc has 0.01% invested in the company for 3,146 shares. The Minnesota-based Ameriprise Financial Inc has invested 0% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 149,383 shares.

More notable recent Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE:DMO) news were published by: Seekingalpha.com which released: “Calamos Convertible Opportunities & Income Fund: A Good Or Bad Investment – Seeking Alpha” on September 14, 2016, also Businesswire.com with their article: “Western Asset Mortgage Defined Opportunity Fund Inc. (“DMO”) Announces Distributions for the Month of December 2018 – Business Wire” published on December 20, 2018, Seekingalpha.com published: “Banks expected to add $50B in agency MBS by year-end, Nomura says – Seeking Alpha” on June 24, 2019. More interesting news about Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE:DMO) were released by: Seekingalpha.com and their article: “PIMCO Income Strategy Fund (PFL): A Good Or Bad Investment? – Seeking Alpha” published on September 26, 2016 as well as Seekingalpha.com‘s news article titled: “8% Current Income And Stable Principal From A Portfolio Of Closed-End Funds – Seeking Alpha” with publication date: January 03, 2016.

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