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Western Asset Mortgage Defined Opportunity Fund (Western Asset Mortgage Defined Opportunity Fund) Book Value per Share : $12.05 (As of Dec. 2023)


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What is Western Asset Mortgage Defined Opportunity Fund Book Value per Share?

Western Asset Mortgage Defined Opportunity Fund's book value per share for the quarter that ended in Dec. 2023 was $12.05.

During the past 12 months, Western Asset Mortgage Defined Opportunity Fund's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Asset Mortgage Defined Opportunity Fund was -7.00% per year. The lowest was -14.60% per year. And the median was -9.15% per year.

Western Asset Mortgage Defined Opportunity Fund's current price is $11.24. Its book value per share for the quarter that ended in Dec. 2023 was $12.05. Hence, today's PB Ratio of Western Asset Mortgage Defined Opportunity Fund is 0.93.

During the past 7 years, the highest P/B Ratio of Western Asset Mortgage Defined Opportunity Fund was 1.24. The lowest was 0.56. And the median was 0.97.

Good Sign:

Western Asset Mortgage Defined Opportunity Fund Inc stock PB Ratio (=0.93) is close to 1-year low of 0.84


Western Asset Mortgage Defined Opportunity Fund Book Value per Share Historical Data

The historical data trend for Western Asset Mortgage Defined Opportunity Fund's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Asset Mortgage Defined Opportunity Fund Book Value per Share Chart

Western Asset Mortgage Defined Opportunity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 19.48 14.97 15.40 12.12 12.05

Western Asset Mortgage Defined Opportunity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.40 13.24 12.12 12.02 12.05

Competitive Comparison of Western Asset Mortgage Defined Opportunity Fund's Book Value per Share

For the Asset Management subindustry, Western Asset Mortgage Defined Opportunity Fund's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Asset Mortgage Defined Opportunity Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Mortgage Defined Opportunity Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Western Asset Mortgage Defined Opportunity Fund's PB Ratio falls into.



Western Asset Mortgage Defined Opportunity Fund Book Value per Share Calculation

Western Asset Mortgage Defined Opportunity Fund's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(137.17-0.00)/11.38
=12.05

Western Asset Mortgage Defined Opportunity Fund's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(137.17-0.00)/11.38
=12.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Western Asset Mortgage Defined Opportunity Fund  (NYSE:DMO) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Western Asset Mortgage Defined Opportunity Fund Book Value per Share Related Terms

Thank you for viewing the detailed overview of Western Asset Mortgage Defined Opportunity Fund's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Mortgage Defined Opportunity Fund (Western Asset Mortgage Defined Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Mortgage Defined Opportunity Fund Inc is a non-diversified, limited-term, closed-end management investment company. The fund's 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, consisting primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202

Western Asset Mortgage Defined Opportunity Fund (Western Asset Mortgage Defined Opportunity Fund) Headlines