Western Asset Mortgage Opportunity Fund (DMO) vs Western Asset Investment Grade Income Fund (PAI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Western Asset Investment Grade Income Fund is the larger company by market cap ($107.5 million vs $106.7 million), about 1.0 times the size. On valuation, Western Asset Mortgage Opportunity Fund trades at a lower trailing P/E (10.9x vs 12.4x for Western Asset Investment Grade Income Fund). Western Asset Mortgage Opportunity Fund offers the higher dividend yield (15.95% vs 5.58%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | DMO | PAI |
|---|---|---|
| Share price | $9.34 | $11.30 |
| Market cap | $106.73M | $107.47M |
| 1-day change | -0.53% | -0.44% |
| P/E ratio (TTM) | 10.86 | 12.42 |
| EPS (TTM) | $0.86 | $0.91 |
| Dividend yield | 15.95% | 5.58% |
| Annual dividend | $1.49 | $0.63 |
| 52-week high | $12.08 | $12.95 |
| 52-week low | $9.32 | $11.25 |
| Distance from 52-week high | -22.68% | -12.74% |
| Average volume | 53.06K | 18.03K |
| Shares outstanding | 11.43M | 9.51M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Trusts Except Educational Religious and Charitable |
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
- Western Asset Mortgage Opportunity Fund offers a meaningfully higher dividend yield (15.95% vs 5.58%).
DMO vs PAI FAQ
Which is bigger, Western Asset Mortgage Opportunity Fund or Western Asset Investment Grade Income Fund?
Western Asset Investment Grade Income Fund (PAI) is larger, with a market capitalization of $107.47M compared with $106.73M for Western Asset Mortgage Opportunity Fund (DMO).
Which has the lower P/E ratio, DMO or PAI?
DMO has the lower trailing P/E at 10.9, versus 12.4 for PAI. 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 Western Asset Investment Grade Income Fund?
Western Asset Mortgage Opportunity Fund has the higher yield at 15.95%, compared with 5.58% for Western Asset Investment Grade Income Fund.
Are Western Asset Mortgage Opportunity Fund and Western Asset Investment Grade Income Fund in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.