Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Investors of record on Friday, November 20th will be paid a dividend of 0.122 per share on Monday, November 30th. This represents a c) annualized dividend and a yield of 14.2%. The ex-dividend date is Friday, November 20th.
Western Asset Global Corporate Defined Opportunity Fund Stock Up 0.1%
Shares of GDO stock opened at $10.33 on Thursday. The business’s fifty day moving average is $10.60 and its 200 day moving average is $10.96. Western Asset Global Corporate Defined Opportunity Fund has a twelve month low of $10.20 and a twelve month high of $12.15.
About Western Asset Global Corporate Defined Opportunity Fund
The Western Asset Global Corporate Defined Opportunity Fund (NYSE:GDO) is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues a broadly diversified portfolio of corporate debt instruments, investing across investment-grade and below investment-grade securities issued by corporations worldwide. Through an actively managed strategy, GDO aims to capture opportunities arising from market dislocations, credit spreads and interest rate movements.
GDO’s investment approach is built around a global credit platform, allowing the fund to allocate capital across various sectors, regions and credit-quality levels.
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