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DMO / PIMCO CEF Update: ARPS Go On The Chopping Block

PIMCO CEF Update: ARPS Go On The Chopping Block
We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stable. PIMCO is doing a tender offer of their very expensive auction-rate preferreds. Read More
Posted: Sep 1 2023, 04:32
Author Name: Seeking Alpha
Views: 112270

DMO News  

PIMCO CEF Update: ARPS Go On The Chopping Block

By Seeking Alpha
September 1, 2023

PIMCO CEF Update: ARPS Go On The Chopping Block

We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stabl more_horizontal

CEF Weekly Review: Don't Handicap CEF Returns

By Seeking Alpha
August 6, 2023

CEF Weekly Review: Don't Handicap CEF Returns

We review CEF market valuation and performance through the last week of July and highlight recent market action. CEFs continued to march higher this w more_horizontal

DMO: Recent Hike Pushes The Yield On This Mortgage CEF Above 11.5%

By Seeking Alpha
August 3, 2023

DMO: Recent Hike Pushes The Yield On This Mortgage CEF Above 11.5%

We last discussed DMO about a year ago, highlighting the strong potential for a dividend hike due to a rising net income trajectory. As expected, the more_horizontal

DMO: Discount Narrowing Drives Results

By Seeking Alpha
July 20, 2023

DMO: Discount Narrowing Drives Results

The Western Asset Mortgage Opportunity Fund has seen its discount narrow from the deepest levels it was at previously. The fund increased its distribu more_horizontal

DMO: Deeper Discount, But Risks Also Increase

By Seeking Alpha
March 27, 2023

DMO: Deeper Discount, But Risks Also Increase

DMO is invested in mortgages, both residential and commercial MBS, as well as other mortgage-related debt securities. With all the uncertainty, a wide more_horizontal

DMO: Strong Long-Term Results, But Mixed More Recently

By Seeking Alpha
December 27, 2022

DMO: Strong Long-Term Results, But Mixed More Recently

DMO was a fund brought up recently that has interested me in the past, but one that I've never covered. Over the long-term, this is the best-performin more_horizontal

DMO: Not Your Usual Mortgage Fund, 11% Yield

By Seeking Alpha
December 26, 2022

DMO: Not Your Usual Mortgage Fund, 11% Yield

Western Asset Mortgage Opportunity Fund Inc. (DMO) is a closed end fund focused on mortgages. Unlike some of its peers in the space, DMO takes on sign more_horizontal


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