Western Asset Mortgage Defined Opportunity Fund Inc. Announces Appointment of Director
April 16, 2019 at 01:30 pm
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Western Asset Mortgage Defined Opportunity Fund Inc. announced that Robert D. Agdern and Eileen A. Kamerick were elected as Class III Directors of the Fund by owners of its common stock to hold office until the annual meeting of shareholders in the year 2022 or thereafter when respective successors are duly elected and qualified or until they resign or are otherwise removed an Nisha Kumar was elected as a Class II Director of the Fund by owners of its common stock to hold office until the annual meeting of shareholders in the year 2021 or thereafter when a successor is duly elected and qualified or until she resigns or is otherwise removed in its AGM which was held on April 12, 2019.
Western Asset Mortgage Opportunity Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fundâs primary investment objective is to provide current income. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing primarily in a diverse portfolio of mortgage-backed securities and mortgage whole loans. Investments in mortgage-backed securities consist primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities. The Fundâs investments in mortgage whole loans under normal circumstances will not exceed 20% of its managed assets. The Fund also may invest in other permitted investments, including cash and cash equivalents; Treasury securities; non-mortgage related asset-backed securities (ABS) backed by various asset classes. Legg Mason Partners Fund Advisor, LLC is the investment manager of the Fund.
WESTERN ASSET MORTGAGE OPPORTUNITY FUND INC. 
