Replies to post #3 on Western Asset Mortgage Defined Opportunity Fund In (DMO)

[bar1080]

The possible termination date is in 2022, I think. You need to research a lot more than the flashy yield with these stocks.

I used to follow the MVO Oil Trust which was a nice money maker when oil was high. Virtually no one on IHUB realized its payout had an ending date. But that date was pretty far in the future. I'd expect MVO to slowly decline as its end nears.

Nothing that pays more than market rate (about 1%-3%) is without risk.