NYSE:GDO

Western Asset Global Corporate Defined Opportunity Fund Stock Forecast, Price & News

$18.02

-0.02 (-0.11 %)

(As of 12/2/2020 03:59 PM ET)

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Today's Range

$18.02

Now: $18.02▼

$18.12

50-Day Range

$16.51

MA: $17.23▼

$17.97

52-Week Range

$11.10

Now: $18.02▼

$18.42

Volume395 shs

Average Volume37,830 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.08%

BetaN/A

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 benchmarks the performance of its portfolio against the Barclays Capital Global Aggregate Corporate Index. It was formerly known as Western Asset Global Credit Defined Opportunity Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. was formed on September 17, 2009 and is domiciled in the United States.

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Western Asset Global Corporate Defined Opportunity Fund.

2.3 Community Rank

Outperform Votes
Western Asset Global Corporate Defined Opportunity Fund has received 66 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Western Asset Global Corporate Defined Opportunity Fund has received 75 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Western Asset Global Corporate Defined Opportunity Fund has received 53.19% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Western Asset Global Corporate Defined Opportunity Fund and other stocks. Vote “Outperform” if you believe GDO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GDO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Western Asset Global Corporate Defined Opportunity Fund has a dividend yield of 0.08%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Western Asset Global Corporate Defined Opportunity Fund has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Western Asset Global Corporate Defined Opportunity Fund insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.46 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:GDO

Previous Symbol

CUSIPN/A

CIK1472341

Webindividualinvestor.myleggmason.com

Phone212-805-6016

EmployeesN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

$18.02

-0.02 (-0.11 %)

(As of 12/2/2020 03:59 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Western Asset Global Corporate Defined Opportunity Fund (NYSE:GDO) Frequently Asked Questions

How has Western Asset Global Corporate Defined Opportunity Fund's stock price been impacted by Coronavirus?

Western Asset Global Corporate Defined Opportunity Fund's stock was trading at $16.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GDO stock has increased by 7.6% and is now trading at $18.12.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Western Asset Global Corporate Defined Opportunity Fund?

Wall Street analysts have given Western Asset Global Corporate Defined Opportunity Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Western Asset Global Corporate Defined Opportunity Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How often does Western Asset Global Corporate Defined Opportunity Fund pay dividends? What is the dividend yield for Western Asset Global Corporate Defined Opportunity Fund?

Western Asset Global Corporate Defined Opportunity Fund declared a monthly dividend on Friday, November 20th. Investors of record on Friday, February 19th will be paid a dividend of $0.101 per share on Monday, March 1st. This represents a $1.21 annualized dividend and a yield of 6.69%. The ex-dividend date of this dividend is Thursday, February 18th.
View Western Asset Global Corporate Defined Opportunity Fund's dividend history.

Are investors shorting Western Asset Global Corporate Defined Opportunity Fund?

Western Asset Global Corporate Defined Opportunity Fund saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,300 shares, a decline of 38.1% from the October 31st total of 2,100 shares. Based on an average trading volume of 27,500 shares, the short-interest ratio is currently 0.0 days.
View Western Asset Global Corporate Defined Opportunity Fund's Short Interest.

Who are some of Western Asset Global Corporate Defined Opportunity Fund's key competitors?

Some companies that are related to Western Asset Global Corporate Defined Opportunity Fund include Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), AllianzGI Convertible & Income Fund (NCV), AllianzGI Convertible & Income Fund II (NCZ), AllianzGI Dividend, Interest & Premium Strategy Fund (NFJ), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ) and BlackRock Floating Rate Income Strategies Fund (FRA).
View all competitors.

What other stocks do shareholders of Western Asset Global Corporate Defined Opportunity Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Global Corporate Defined Opportunity Fund investors own include AbbVie (ABBV), Main Street Capital (MAIN), Standex International (SXI), Verizon Communications (VZ), Altria Group (MO), ONEOK (OKE), Pfizer (PFE), AT&T (T), Weyerhaeuser (WY) and Brookfield Property Partners (BPY).

Who are Western Asset Global Corporate Defined Opportunity Fund's key executives?

Western Asset Global Corporate Defined Opportunity Fund's management team includes the following people:

Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 62)
Mr. Michael C. Buchanan CFA, Head of Global Credit and Portfolio Mang.
Mr. Keith J. Gardner, Co-Head of Emerging Markets Debt and Portfolio Mang.
Mr. Dipankar Shewaram CFA, Portfolio Mang. of Western Asset Management Company
Mr. Andrew John Belshaw, Portfolio Mang. of Western Asset Management Company

What is Western Asset Global Corporate Defined Opportunity Fund's stock symbol?

Western Asset Global Corporate Defined Opportunity Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDO."

Who are Western Asset Global Corporate Defined Opportunity Fund's major shareholders?

Western Asset Global Corporate Defined Opportunity Fund's stock is owned by a variety of retail and institutional investors. Top institutional investors include Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%), Punch & Associates Investment Management Inc. (0.00%), Raymond James & Associates (0.00%), Guggenheim Capital LLC (0.00%) and Raymond James Financial Services Advisors Inc. (0.00%).
View institutional ownership trends for Western Asset Global Corporate Defined Opportunity Fund.

Which institutional investors are selling Western Asset Global Corporate Defined Opportunity Fund stock?

GDO stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Raymond James Financial Services Advisors Inc., and Guggenheim Capital LLC.
View insider buying and selling activity for Western Asset Global Corporate Defined Opportunity Fund.

Which institutional investors are buying Western Asset Global Corporate Defined Opportunity Fund stock?

GDO stock was bought by a variety of institutional investors in the last quarter, including Eudaimonia Partners LLC, Punch & Associates Investment Management Inc., Shaker Financial Services LLC, Raymond James & Associates, Morgan Stanley, Clear Harbor Asset Management LLC, Steward Partners Investment Advisory LLC, and LPL Financial LLC.
View insider buying and selling activity for Western Asset Global Corporate Defined Opportunity Fund.

How do I buy shares of Western Asset Global Corporate Defined Opportunity Fund?

Shares of GDO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Western Asset Global Corporate Defined Opportunity Fund's stock price today?

One share of GDO stock can currently be purchased for approximately $18.12.

What is Western Asset Global Corporate Defined Opportunity Fund's official website?

The official website for Western Asset Global Corporate Defined Opportunity Fund is individualinvestor.myleggmason.com.

How can I contact Western Asset Global Corporate Defined Opportunity Fund?

Western Asset Global Corporate Defined Opportunity Fund's mailing address is 620 8th Ave Fl 49, NEW YORK, NY 10018-1427, United States. The company can be reached via phone at 212-805-6016.

This page was last updated on 12/2/2020 by MarketBeat.com Staff

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