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GDO - GDO: Ticks A Few Boxes For Income Investors
March, 26 2021 05:25 PM
Western Asset Global Corporate Defined Opportunity Fund Inc.
We take a look at a majority investment-grade credit CEF GDO which ticks a few boxes for income investors. The fund has a 2/3 IG allocation, attractive discount valuation, a term structure that could provide a tailwind and a measure of discount control. The fund also boasts strong absolute and risk-adjusted returns in the sector with decent coverage at around 90%. For further details see:
GDO: Ticks A Few Boxes For Income Investors
Stock Information
Company Name:
Western Asset Global Corporate Defined Opportunity Fund Inc.
Stock Symbol:
GDO
Market:
NYSE
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