Western Asset Mortgage Defined Opportunity Fund Inc. Announces Results of Special Meeting of Stockholders and Other Fund Changes
Western Asset Mortgage Opportunity Fund Inc. (DMO)
US:NYSE Investor Relations:
leggmason.com/en-us/products/closed-end-funds/western-asset-mortgage-defined-opportunity-fund-inc.html
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Western Asset Mortgage Defined Opportunity Fund Inc. (the “Fund”), which is traded on the New York Stock Exchange under the symbol “DMO,” announced today the results of the votes cast at the Fund’s special meeting of stockholders held on December 13, 2019.Stockholders approved the proposal to convert the Fund to a perpetual fund by eliminating the Fund’s term, which was scheduled to end at the close on business on March 1, 2022.As a result of the proposal’s approval, the following changes will take effect January 2, 2020:The Fund’s name will be changed to Western Asset Mortgage Opportunity Fund Inc. The Fund’s ticker symbol will remain “DMO”. The Fund’s CUSIP, 95790B109, will not change.Investments in mortgage whole loans will be included within the Fund’s 80% Policy as follows: “Under normal circumstances, the Fund will invest at least 80% of its Managed Assets (as defined in the Fund’s prospectus) in mortgage-backed securities and mortgage whole loans”
Show less
Read more
Impact Snapshot
Event Time:
DMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DMO alerts
High impacting Western Asset Mortgage Opportunity Fund Inc. news events
Weekly update
A roundup of the hottest topics
DMO
Sec Filings
- 11/22/24 - Form 3
- 11/21/24 - Form 3
- 11/21/24 - Form 3
- DMO's page on the SEC website