Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO)
| Market Value | 174.91M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 14.95M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.46 (12.51%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 49,355 |
| Open | 11.71 |
| Previous Close | 11.75 |
| Day's Range | 11.69 - 11.83 |
| 52-Week Range | 11.65 - 13.04 |
| Beta | 0.86 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About GDO
Western Asset Global Corporate Defined Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited. It invests in the fixed income markets across the globe. The fund invests in investment grade debt securities. It employs intensive proprietary research to create its portfolio. The fund benchma... [Read more]
News
GDO: Now A Perpetual CEF With A New Name
Western Asset Global Corporate Defined Opportunity Fund successfully transitioned from a term CEF to a perpetual one, reducing its AUM via a tender offer. Shareholders who tendered their shares will r...
Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Final Results of Issuer Tender Offer for Common Stock and Elimination of Term
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
CEF Weekly Review: PCF Tries To Get Shareholders To Care
We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, Hig...
Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Tender Offer Details
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
CEF Weekly Review: Western Asset Is Doing A Nuveen
We review CEF market valuation and performance through the last week of June and highlight recent market action. CEFs were mostly up on the week with MLP and Hybrid sectors leading the way. Western As...
Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Results of Special Meeting of Stockholders and Other Fund Developments
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Effective June 3, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Christopher Kilpatrick Annab...
GDO: Nice Yield, But There Are Better Global Fixed-Income Funds Available
The Western Asset Global Corporate Defined Opportunity Fund offers income-focused investors a high level of income from fixed-income securities. The fund has a current yield of 9.94%, which compares w...
Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Results of Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
CEF Weekly Review: Activists Are Coming After Muni CEFs
We review CEF market valuation and performance through the fourth week of February and highlight recent market action. CEFs had a solid week, with most sectors seeing an increase in NAV. Municipal CEF...
GDO: A CEF Aiming To Turn Perpetual
Asset managers are proposing corporate actions to convert term closed-end funds to perpetual ones to maintain a stream of income. Western Asset Global Corporate Defined Opportunity Fund is seeking sha...
GDO: A Term Fund That Is A Play On Rates
Western Asset Global Corporate Defined Opportunity Fund is a foreign bond fund that invests in mostly corporate bonds of investment grade quality. The fund has a term structure and is set to self-liqu...
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatil...
CEF Weekly Review: Term CEFs Continue To Be Misunderstood
We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.
GDO - Global Bond CEF, 9.7% Yield And 2024 Maturity Date
The Western Asset Global Corporate Defined Opportunity Fund is a fixed income closed-end fund. The CEF focuses on global bonds (mostly investment grade corporates) and includes local currency paper.
Closed-End Funds: Term Structure Potential Vs. Perpetual Funds
Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.
Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director
The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independen...
Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2022
NEW YORK--(BUSINESS WIRE)--Category: Financials
Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of January 31, 2022
NEW YORK--(BUSINESS WIRE)--Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) today announced the financial position of the Fund as of January 31, 2022. ...
