Western Asset Municipal Defined Opportunity Trust Inc. announced earnings results for the quarter ended February 28, 2014. For the quarter, the company reported total net investment income of $3,291,055 or $0.27 per share against $3,206,599 or $0.27 per share a year ago. Total net realized/unrealized gain was $4,209,994 or $0.62 per share against total net realized/unrealized loss of $3,585,982 or $0.30 per share a year ago.

Net increase in net assets from operations was $7,501,049 or $0.62 per share against net decrease in net assets from operations of $379,383 or $0.03 per share a year ago. Undistributed net investment income was $1,522,482 or $0.13 per share against $1,093,683 or $0.09 per share a year ago.