During the Trading Day
| 18.15 |  -0.66 / -3.51% |
Data as of 4:04pm ET | Day’s Change | |
| 18.10 | -0.05 / -0.28% |
| Volume: 2.8K |
| SECTOR Finance | INDUSTRY Real Estate Investment Trusts | MARKET CAP $457.2M |
Company Description
Western Asset Mortgage Capital Corp. is a real estate investment trust, or REIT, focused on investing in, financing, and managing primarily agency residential mortgage-backed securities (RMBS). The company's investment strategy will be focused on Agency RMBS, it may opportunistically supplement its portfolio with residential mortgage-backed securities that are not guaranteed by a U.S. Government agency or sponsored entity, commercial mortgage-backed securities and other asset-backed securities. It intends to construct a diversified investment portfolio by focusing on the relative value of securities within various sectors of the mortgage markets and security selection. The company is externally managed and advised by Western Asset Management Co., which is an investment advisor company and subsidiary of Legg Mason, Inc. Western Asset Mortgage Capital was founded on June 3, 2009 and is headquartered in Pasadena, CA.
Employees
Shareholders
| Other institutional | 37.90% |
| Mutual fund holders | 12.20% |
| Individual stakeholders | 0.73% |
Top Executives
| Gavin T. James | President, Chief Executive Officer & Director |
| Travis Carr, CFA | Chief Operating Officer |
| Steven M. Sherwyn, CPA | Chief Financial Officer & Treasurer |
| Stephen P. Fulton, MBA | Chief Investment Officer |
| Larry Clark | Head-Investor Relations |
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