Business & Finance
Mon, December 19, 2011
NEW YORK--([ BUSINESS WIRE ])--Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE: DMO) today announced a special distribution of $0.2000per common share for the month of December 2011. This special distribution is in addition to the previously declared December distribution of $0.1500 per common share payable December 23, 2011 to shareholders of record as of December 16, 2011. Both distributions are sourced from income earned by the Fund.
The distribution schedule appears below:
Month | Ex-Date | Record Date | Payable Date | Amount | Type | |||||||||||||
| December | 12/27/2011 | 12/29/2011 | 1/6/2012 | $0.2000 | Income* |
*Please note, this distribution will be included on shareholderas 2011 form 1099 a" DIV.
This press release is not for tax reporting purposes but is being provided to announce the amount of the Fundas distributions that have been declared by the Board of Directors. In early 2012 after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholderas tax return (e.g., ordinary income, long-term capital gain or return of capital).
Western Asset Mortgage Defined Opportunity Fund Inc., a non-diversified, limited-term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
Contact the Fund at 1-888-777-0102 for additional information, or consult the Fundas web site at [ www.leggmason.com/cef ].
Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.
