Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) To Go Ex-Dividend on April 23rd

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, April 23rd will be given a dividend of 0.122 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date of this dividend is Thursday, April 23rd.

Western Asset Global Corporate Defined Opportunity Fund Trading Down 0.4%

Shares of NYSE:GDO opened at $11.36 on Wednesday. Western Asset Global Corporate Defined Opportunity Fund has a 52 week low of $10.29 and a 52 week high of $12.15. The firm’s fifty day moving average is $11.65 and its 200-day moving average is $11.76.

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.