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Western Asset Global Corporate Defined Opportunity Fund (GDO)

Taxable Bond Funds - Investment Grade Bond

Data as of Aug. 12, 2022
Market Price $14.50 (+ $0.12)
NAV (Aug. 12, 2022) $14.46 (+ $0.03)
Fund Listed NYSE
Premium / Discount 0.28% (+0.62%)
Fund Info
Inception Nov. 24, 2009
Website https://www.franklinte...
Phone 1-888-777-0102
Location New York
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Objective: Current income and liquidate in December 2024; U.S. and foreign corporate fixed-income securities
Related Indexes
15 Major CEF Sectors Index
Investment Grade Bond Index
US Bond Index
Capital & Leverage
Outstanding Shares 14,943,374
Total Assets (Reported: April 30, 2022) $339M
Estimated Total Assets $332M
Net Assets $216M
Market Cap $217M
Portfolio Turnover 30.00%
Total Leverage 34.99%
Structural Leverage (out of total) 76.71%
Portfolio Leverage (out of total) 23.29%
Expense Ratio 1.62%
Non Lev Exp Ratio 1.30%
Rel Lev Cost 0.59%
Discount Data
Average Discount (3 Yr) -3.80%
Discount Low(3 Yr) -14.55%
Discount High(3 Yr) 2.77%
Discount Rel Range 85.61%
Comp Discount 0.19
Discount St Dev (1Yr) 2.04
Z-Stat (6mo) 0.86
Z-Stat (1Yr) 1.01
Z-Stat (3Yr) 1.67
Comp Z-Stat (6mo) -0.34
Comp Z-Stat (3Yr) 1.94
Distribution Data
Market Yield 8.36%
Income Yield 7.34%
Lev Adj NAV Yield 6.21%
Distribution Frequency M
Current Distribution $0.101
Current Income $0.089
Ex-Date 8/23/22
Payable Date 9/1/22
Div Growth (3yr) 0.00%
Dividend Change -6.9% on 5/14/18
Expected Div 11/15/22
RoC (1yr) 11.96%
RoC (3yr) 21.13%
Tax Dividend Data 2021 2019 - 2021
Income 77.8% 72.9%
ST Gains 0% 0%
QDI 0% 1.3%
LT Gains 0% 0%
RoC 22.2% 27.1%
Volume & Liquidity
Average Daily $ (K) $489
Avg Volume 30 day 27,958
Avg Volume 90 day 33,706
Volume Trend -17.05%
Comp Volume Trend -4.36%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Investment Grade Bond Index
Most Correlated Peer (Mk Pr): WEA 70.0%
NAV - Price Correlation (30 d) 97.4%
NAV - Price Correlation (90 d) 93.2%
NAV - Price Correlation (1 Yr) 98.3%
Price St Dev (1Yr) 15.0%
NAV St Dev (1Yr) 8.0%
Earnings / Share (4/30/22) $0.085
Earn Coverage 84.06%
Earnings Trend Down
UNII / Share (4/30/22) $-0.188
Rel UNII -17.69
UNII Trend Down
Bond Specific Data
Maturity 6.70
Duration 7.04
Credit Rating (rbo) BBB
Investment Grade 65.80%
Non Investment Grade 33.41%
Unrated Bonds 0.79%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Investment Grade Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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