GDO

Western Asset Global Corporate Defined Opportunity Fund

GDO

Market cap $90.6M

Overview Fund Activity

12.05 USD

0.00

0%

At close Updated Sep 18, 4:00 PM EDT

1 day

0%

5 days

0.42%

1 month

0.17%

3 months

3.97%

6 months

4.15%

Year to date

6.73%

1 year

-7.31%

5 years

-30.14%

10 years

-25.57%

About: Western Asset Global Corp Defined Opp is a closed-end management investment company with a primary investment objective to provide current income. Its secondary objective is to seek capital appreciation. The Fund invests in the United States and foreign corporate fixed-income securities of varying maturities.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

4.04% less ownership

Funds ownership: 19.03% [Q1] → 14.99% (-4.04%) [Q2]

12% less funds holding

Funds holding: 33 [Q1] → 29 (-4) [Q2]

20% less capital invested

Capital invested by funds: $16.6M [Q1] → $13.3M (-$3.31M) [Q2]

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

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Financial journalist opinion

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

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

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

Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of January 31, 2025

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

Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of January 31, 2025

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

Western Asset Global Corporate Opportunity Fund Inc. (NYSE: GDO) (the “Fund”) Announces Portfolio Management Team Update

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

Western Asset Global Corporate Opportunity Fund Inc. (NYSE: GDO) (the “Fund”) Announces Portfolio Management Team Update

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 receive NAV payment by October 7, 2024, while non-tendering shareholders will remain invested in the now perpetual fund. The fund's name changes to "Western Asset Global Corporate Opportunity Fund Inc." with a slight management fee reduction, but the ticker symbol remains "GDO".

GDO: Now A Perpetual CEF With A New Name

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 Final Results of Issuer Tender Offer for Common Stock and Elimination of Term

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

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

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

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, High Income Securities Fund, is implementing a novel strategy to get its initiatives approved by shareholders.

CEF Weekly Review: PCF Tries To Get Shareholders To Care

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

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

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

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 Asset Global Corporate Defined Opportunity Fund holding a tender offer for all shares at NAV, following Nuveen's approach.

CEF Weekly Review: Western Asset Is Doing A Nuveen

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