Western Asset Mortgage Defined Opportunity Fund Inc., which is listed on the New York Stock Exchange under the symbol "DMO", announced today monthly distributions of $0.1400 per common share for September, October and November 2010.
The distribution schedule appears below:
| Month | Â | Ex-Date | Â | Record Date | Â | Payable Date | Â | Amount | Â | Type |
| September | 9/15/2010 | 9/17/2010 | 9/24/2010 | $0.1400 | Income | |||||
| October | 10/20/2010 | 10/22/2010 | 10/29/2010 | $0.1400 | Income | |||||
| November | 11/17/2010 | 11/19/2010 | 11/26/2010 | $0.1400 | Income |
This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund's distributions that have been declared by the Board of Directors. In early 2011, 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 shareholder's tax return (e.g., ordinary income, long-term capital gain or return of capital).
Western Asset Mortgage Defined Opportunity Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC ("LMPFA"), a wholly-owned subsidiary of Legg Mason, Inc. ("Legg Mason"), and is sub-advised by Western Asset Management Company ("Western Asset"), an affiliate of the investment manager. Wilshire Associates Incorporated, a registered investment adviser unaffiliated with Legg Mason, LMPFA or Western Asset, is the Fund's Allocation Subadviser.
Contact the Fund at 1-888-777-0102 for additional information, or consult the Fund's 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.
The U.S. Department of the Treasury has not participated in the preparation of this release or the prospectus or made any representation regarding, and expressly disclaims any liability or responsibility to any investor in the Fund for, the accuracy, completeness or correctness of any of the information contained herein or therein. Without limitation of the foregoing, the U.S. Department of the Treasury does not approve or disapprove of any tax disclosure or advice set forth herein or therein.
Contacts:
Legg Mason & Co. LLC
Brenda Grandell, 212-857-8087
Director,
Closed-End Funds
