Limestone Value Partners buys $3.5 Million stake in Western Asset Mrtg Defined Oppn Fund Inc (DMO)

Western Asset Mrtg Defined Oppn Fund Inc (DMO) : Limestone Value Partners scooped up 6,120 additional shares in Western Asset Mrtg Defined Oppn Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 152,030 shares of Western Asset Mrtg Defined Oppn Fund Inc which is valued at $3.5 Million.Western Asset Mrtg Defined Oppn Fund Inc makes up approximately 5.56% of Limestone Value Partners’s portfolio.

Other Hedge Funds, Including , Janney Montgomery Scott reduced its stake in DMO by selling 238 shares or 0.79% in the most recent quarter. The Hedge Fund company now holds 29,983 shares of DMO which is valued at $700,103. Western Asset Mrtg Defined Oppn Fund Inc makes up approx 0.02% of Janney Montgomery Scott’s portfolio. Yorktown Management Research Co Inc sold out all of its stake in DMO during the most recent quarter. The investment firm sold 16,900 shares of DMO which is valued $392,587.Ifp Advisors Inc boosted its stake in DMO in the latest quarter, The investment management firm added 1,437 additional shares and now holds a total of 12,219 shares of Western Asset Mrtg Defined Oppn Fund Inc which is valued at $283,847. Western Asset Mrtg Defined Oppn Fund Inc makes up approx 0.02% of Ifp Advisors Inc’s portfolio.Commonwealth Equity Services Inc boosted its stake in DMO in the latest quarter, The investment management firm added 3,295 additional shares and now holds a total of 18,889 shares of Western Asset Mrtg Defined Oppn Fund Inc which is valued at $440,114.

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 primarily in a portfolio of mortgage-backed securities (MBS) consisting of non-agency residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS). The Fund’s investment portfolio includes RMBS Asset-Backed Securities CMBS Consumer Staples Corporate Bonds and Notes Consumer Discretionary Industrials Materials and Telecommunication Services. Legg Mason Partners Fund Advisor LLC is the investment manager of the Fund. Western Asset Management Company and Western Asset Limited are the Fund’s sub advisors.

Leave a Reply

Western Asset Mrtg Defined Oppn Fund Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Western Asset Mrtg Defined Oppn Fund Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.