WMC Dividend History & Description — Western Asset Mortgage Capital Corp
Western Asset Mortgage Capital is primarily focused on investing in, financing and managing Agency residential mortgage-backed securities (RMBS). Although Co.'s main investment strategy is focused on Agency RMBS, Co. has opportunistically supplemented its portfolio with Non-Agency RMBS. Co. finances investments in Agency RMBS and commercial mortgage-backed securities and asset-backed securities, primarily through the use of repurchase agreements. Co. is externally managed and advised by Western Asset Management Company (the Manager). Co.'s Manager is responsible for administering its business activities and its day-to-day operations, subject to the supervision of Co.'s board of directors.