Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) To Go Ex-Dividend on May 21st

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) announced a monthly dividend on Monday, February 23rd. Investors of record on Thursday, May 21st will be paid a dividend of 0.122 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 13.7%. The ex-dividend date of this dividend is Thursday, May 21st.

Western Asset Global Corporate Defined Opportunity Fund Price Performance

Shares of Western Asset Global Corporate Defined Opportunity Fund stock opened at $10.72 on Tuesday. Western Asset Global Corporate Defined Opportunity Fund has a twelve month low of $10.52 and a twelve month high of $12.15. The company’s fifty day moving average is $10.97 and its 200 day moving average is $11.39.

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.