Western Asset Mortgage Opportunity Fund (DMO) vs XAI Madison Equity Premium Income Fund (MCN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
XAI Madison Equity Premium Income Fund is the larger company by market cap ($110.4 million vs $107.2 million), about 1.0 times the size. On valuation, Western Asset Mortgage Opportunity Fund trades at a lower trailing P/E (10.9x vs 17.5x for XAI Madison Equity Premium Income Fund). Western Asset Mortgage Opportunity Fund offers the higher dividend yield (15.88% vs 13.69%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | DMO | MCN |
|---|---|---|
| Share price | $9.38 | $5.26 |
| Market cap | $107.19M | $110.43M |
| 1-day change | +0.43% | +0.38% |
| P/E ratio (TTM) | 10.91 | 17.53 |
| EPS (TTM) | $0.86 | $0.30 |
| Dividend yield | 15.88% | 13.69% |
| Annual dividend | $1.49 | $0.72 |
| 52-week high | $12.08 | $6.30 |
| 52-week low | $9.29 | $5.18 |
| Distance from 52-week high | -22.35% | -16.51% |
| Average volume | 53.72K | 52.86K |
| Shares outstanding | 11.43M | 20.99M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- XAI Madison Equity Premium Income Fund trades at a higher earnings multiple (17.5x vs 10.9x trailing P/E).
- Western Asset Mortgage Opportunity Fund offers a meaningfully higher dividend yield (15.88% vs 13.69%).
About Western Asset Mortgage Opportunity Fund
DMO stock →Western Asset Mortgage Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Financial Services · Asset Management
About XAI Madison Equity Premium Income Fund
MCN stock →XAI Madison Equity Premium Income Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC.
Financial Services · Asset Management
DMO vs MCN FAQ
Which is bigger, Western Asset Mortgage Opportunity Fund or XAI Madison Equity Premium Income Fund?
XAI Madison Equity Premium Income Fund (MCN) is larger, with a market capitalization of $110.43M compared with $107.19M for Western Asset Mortgage Opportunity Fund (DMO).
Which has the lower P/E ratio, DMO or MCN?
DMO has the lower trailing P/E at 10.9, versus 17.5 for MCN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Western Asset Mortgage Opportunity Fund or XAI Madison Equity Premium Income Fund?
Western Asset Mortgage Opportunity Fund has the higher yield at 15.88%, compared with 13.69% for XAI Madison Equity Premium Income Fund.
Are Western Asset Mortgage Opportunity Fund and XAI Madison Equity Premium Income Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.