Western Asset Mortgage Opportunity Fund Inc. (DMO)
DMO 8-K filings, explained
Every material Form 8-K Western Asset Mortgage Opportunity Fund Inc. has filed with the SEC since July 22, 2015, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
The fund announced that Nisha Kumar was appointed a director of each closed-end fund advised by Legg Mason Partners Fund Advisors, LLC, effective January 1, 2019, and that directors Dr. Riordan Roett and Leslie H. Gelb retired effective December 31, 2018. Kumar will serve on the fund's Audit, Nominating, Compensation, Pricing and Valuation Committees, which changes the fund's board membership and committee makeup.
Nisha Kumar appointed director effective January 1, 2019, and joins the Audit, Nominating, Compensation, Pricing and Valuation Committees
Dr. Riordan Roett and Leslie H. Gelb retire as directors effective December 31, 2018
Kumar has been Managing Director and CFO and CCO of Greenbriar Equity Group, LP since 2011
Kumar was EVP and CFO of AOL LLC from 2007 to 2009
On August 14, 2017, KPMG LLP resigned as the independent auditor of Western Asset Mortgage Defined Opportunity Fund Inc. (DMO) at the Fund's request, and the Board approved PricewaterhouseCoopers LLP as its replacement for the fiscal year ending December 31, 2017. The filing states there were no disagreements with KPMG and no reportable events, and that the selection does not reflect dissatisfaction with KPMG's performance, so the change appears administrative.
KPMG resigned as auditor on August 14, 2017, at the Fund's request.
Board approved PricewaterhouseCoopers on August 10, 2017, effective August 14, 2017, for fiscal 2017.
KPMG's reports for 2016 and 2015 contained no adverse opinion, disclaimer, or qualification.
The filing reports no disagreements with KPMG and no reportable events through August 14, 2017.
Jane Trust was appointed director/trustee, Chairman, Chief Executive Officer and President of the Fund and other closed-end funds advised by Legg Mason Partners Fund Advisors, LLC, effective August 1, 2015. Kenneth D. Fuller resigned from the same roles effective July 31, 2015, so the Fund's top leadership changes hands at the start of August.
Jane Trust becomes director/trustee, Chairman, CEO and President effective August 1, 2015
Kenneth D. Fuller resigns from the same roles effective July 31, 2015
Trust is a Managing Director of Legg Mason & Co., LLC, with almost 27 years in the Legg Mason family
Trust is also a Senior Vice President of Legg Mason Partners Fund Advisors, LLC, the Fund's investment manager
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Western Asset Mortgage Opportunity Fund Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →