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Western Asset Mortgage Defined Opportunity Fund (Western Asset Mortgage Defined Opportunity Fund) Net Margin % : 95.51% (As of Dec. 2023)


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What is Western Asset Mortgage Defined Opportunity Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Asset Mortgage Defined Opportunity Fund's Net Income for the six months ended in Dec. 2023 was $8.05 Mil. Western Asset Mortgage Defined Opportunity Fund's Revenue for the six months ended in Dec. 2023 was $8.43 Mil. Therefore, Western Asset Mortgage Defined Opportunity Fund's net margin for the quarter that ended in Dec. 2023 was 95.51%.

The historical rank and industry rank for Western Asset Mortgage Defined Opportunity Fund's Net Margin % or its related term are showing as below:

DMO' s Net Margin % Range Over the Past 10 Years
Min: 96.08   Med: 98.4   Max: 100.75
Current: 96.08


DMO's Net Margin % is ranked better than
64.45% of 1668 companies
in the Asset Management industry
Industry Median: 85.935 vs DMO: 96.08

Western Asset Mortgage Defined Opportunity Fund Net Margin % Historical Data

The historical data trend for Western Asset Mortgage Defined Opportunity Fund's Net Margin % 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 Net Margin % Chart

Western Asset Mortgage Defined Opportunity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 96.24 100.56 100.36 100.75 96.08

Western Asset Mortgage Defined Opportunity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.78 100.58 101.20 96.88 95.51

Competitive Comparison of Western Asset Mortgage Defined Opportunity Fund's Net Margin %

For the Asset Management subindustry, Western Asset Mortgage Defined Opportunity Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Western Asset Mortgage Defined Opportunity Fund's Net Margin % falls into.



Western Asset Mortgage Defined Opportunity Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Western Asset Mortgage Defined Opportunity Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=13.793/14.356
=96.08 %

Western Asset Mortgage Defined Opportunity Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=8.049/8.427
=95.51 %

* 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.


Western Asset Mortgage Defined Opportunity Fund  (NYSE:DMO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Western Asset Mortgage Defined Opportunity Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Western Asset Mortgage Defined Opportunity Fund's Net Margin % 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