Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO)

NYSE: GDO · Real-Time Price · USD
11.83
+0.09 (0.77%)
Dec 6, 2024, 4:00 PM EST - Market closed
0.77%
Market Value 176.85M
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 (12.38%)
Ex-Dividend Date Nov 21, 2024
Volume 54,138
Open 11.84
Previous Close 11.74
Day's Range 11.76 - 11.84
52-Week Range 11.43 - 13.04
Beta 0.84
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]

Sector Financials
Founded 2009
Country United States
Stock Exchange NYSE
Ticker Symbol GDO
Full Company Profile

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...

2 months ago - Seeking Alpha

Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2024

NEW YORK--(BUSINESS WIRE)--Category: Financials.

2 months ago - Business Wire

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...

Other symbols: ECCIGIOCCIOXLCPCFWDI
3 months ago - Seeking Alpha

Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Tender Offer Details

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

4 months ago - Business Wire

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...

Other symbols: DMO
5 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

7 months ago - Seeking Alpha

Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Results of Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

8 months ago - Business Wire

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...

9 months ago - Seeking Alpha

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...

10 months ago - Seeking Alpha

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of March, April and May 2024

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

Other symbols: DMOEHIHIOHIXHYIIGIMHF
10 months ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

Other symbols: BHKBKTBTZEGFFMYHYGIGI
1 year ago - Seeking Alpha

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.

Other symbols: BSLCIKDHYDMOEADEODERH
1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: DEX Tender Offering Expires (February 5, 2023)

17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results.

Other symbols: ACPACVAGDASGIBSTCGOCLM
1 year ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

Quality Closed-End Fund Report, November 2022

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.

Other symbols: ARDCBFZBGHBSLBWGCEVCXH
2 years ago - Seeking Alpha

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...

Other symbols: BWGDMOEHIEMDEMOHIOHIX
2 years ago - Business Wire

Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2022

NEW YORK--(BUSINESS WIRE)--Category: Financials

2 years ago - Business Wire

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October, and November 2022

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related

Other symbols: DMOEHIHIOHIXHYIIGIMHF
2 years ago - Business Wire

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.                          ...

2 years ago - Business Wire

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2022

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related

Other symbols: DMOEHIHIOHIXHYIIGIMHF
3 years ago - Business Wire