Is the Western Asset Mortgage Opportunity Fund dividend safe?
At risk
Western Asset Mortgage Opportunity Fund pays 13.6% a year, but that takes 148% of its free cash flow.
The numbers behind it
Dividend yield13.6%
Paid out of free cash flow148%
Paid out of profit128%
Debt in years of earnings12.3 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about Western Asset Mortgage Opportunity Fund
Data as of Nov 13, 2026.