Western Asset Global Corp Defined Opportunity Inc. (GDO)
Frequently Asked Questions About Western Asset Global Corp Defined Opportunity Inc. (GDO)
Are there any minimum investment requirements for GDO?
Minimum investment requirements for purchasing shares of GDO can vary based on the broker through which shares are purchased. In general, investors can buy as little as one share, but some brokerage platforms may require a minimum dollar amount for trades.
Can GDO shares be bought and sold like stocks?
Yes, shares of Western Asset Global Corp Defined Opportunity Inc. are traded on the New York Stock Exchange (NYSE) under the ticker symbol GDO. Investors can buy and sell shares throughout the trading day, just like stocks, which provides liquidity and ease of access.
Does GDO engage in international investments?
Yes, GDO may engage in international investments as part of its strategy. By investing globally in fixed income markets, the fund seeks to diversify its portfolio and capitalize on opportunities beyond U.S. borders, which can enhance return potential.
How can I find more information about GDO's holdings?
Investors can find detailed information about GDO's holdings in the fund's regular reports, such as the monthly or quarterly fact sheets. These documents provide insights into the portfolio composition, sector allocations, and the top holdings within the fund.
How does GDO perform compared to its peers?
Performance comparisons of GDO with its peers in the closed-end fund space or fixed income sectors are typically conducted over various time frames. Investors can assess its relative performance by examining historical returns, volatility, and risk-adjusted metrics like the Sharpe ratio.
How does GDO's performance correlate with economic cycles?
GDO's performance is generally influenced by economic cycles, as fixed income investments can react sensitively to economic growth, inflation, and interest rate changes. During periods of economic expansion, rising rates can pressure bond prices, while in downturns, demand for fixed income may increase for stability.
How often does GDO distribute dividends?
GDO typically pays monthly distributions to its shareholders. These distributions aim to provide a steady income stream and are derived from the fund's interest income and realized capital gains from its investments.
Is GDO leveraged?
Yes, Western Asset Global Corp Defined Opportunity Inc. may utilize leverage as part of its investment strategy. While leverage can enhance returns during favorable market conditions, it also increases risk, making the fund sensitive to interest rate fluctuations and market volatility.
What are the risks associated with investing in GDO?
Investing in GDO involves various risks, including interest rate risk, credit risk, and market risk. Changes in interest rates can affect the prices of fixed income securities; declining credit quality can lead to losses; and broader market conditions can impact the overall performance of the fund.
What does Western Asset Global Corp Defined Opportunity Inc. (NYSE:GDO) do?
Western Asset Global Corp Defined Opportunity Inc. is a closed-end fund that primarily invests in a diversified portfolio of fixed income securities. The fund aims to achieve total return through a combination of income and capital appreciation, leveraging the expertise of Western Asset Management Company, which has a strong track record in fixed income investment strategies.
What factors influence GDO's share price?
The share price of GDO can be influenced by various factors, including changes in interest rates, credit spreads, economic data, and overall market sentiment. These factors can affect investor demand for the shares and the underlying value of the fund's investments.
What is the fund's distribution history?
GDO has a track record of regular monthly distributions to its shareholders, reflecting its focus on providing income. Investors can review the fund's distribution history, including the amounts and dates of payments, through the company's investor relations website or financial reports.
What is the fund's expense ratio?
The expense ratio of GDO reflects the costs associated with managing the fund and is calculated as a percentage of the fund's average net assets. While this figure can vary, it is an essential metric for investors to consider as it impacts overall investment returns.
What is the investment objective of GDO?
The primary investment objective of GDO is to provide shareholders with a high level of current income and, as a secondary objective, capital appreciation. The fund seeks to achieve these goals by investing in a wide range of fixed income securities across various sectors and geographies.
What is the primary investment strategy of GDO?
GDO employs a fundamental research-based investment strategy focused on identifying undervalued fixed income securities. The management team studies economic indicators, interest rates, and credit conditions to make informed investment decisions aimed at maximizing returns while managing risks.
What types of securities does GDO invest in?
GDO invests in a variety of fixed income securities, which may include investment-grade bonds, high-yield bonds, mortgage-backed securities, and other debt instruments. The fund focuses on building a well-diversified portfolio that can capitalize on opportunities in the global fixed income markets.
When was GDO launched?
Western Asset Global Corp Defined Opportunity Inc. was launched on April 30, 2012. Since its inception, the fund has aimed to provide investors with a steady income stream while pursuing capital appreciation through strategic fixed income investments.
Who manages Western Asset Global Corp Defined Opportunity Inc.?
The fund is managed by Western Asset Management Company, a subsidiary of Legg Mason, which boasts extensive experience and expertise in managing fixed income investments. The management team employs a disciplined investment approach, focusing on risk-adjusted returns.
What is the current price of Western Asset Global Corp Defined Opportunity Inc.?
The current price of Western Asset Global Corp Defined Opportunity Inc. is 11.48
When was Western Asset Global Corp Defined Opportunity Inc. last traded?
The last trade of Western Asset Global Corp Defined Opportunity Inc. was at 6:30 pm EDT on April 3rd, 2025