GDO - The 3 Funds I Recently Added To My Portfolio With Yields Up To 7.40%

March, 26 2021 07:00 AM Western Asset Global Corporate Defined Opportunity Fund Inc.

I have tried to reduce my overall CEF allocation- I continue to make some rotational trades into areas of the marketplace I think are best positioned for gains.
Recent moves include trimming overvalued and overweighted multisector funds like PDI/PCI. I have also reduced some of my high yield for instance from ARDC which has zoomed.
I added to my favorite floating rate ideas at the moment from Nuveen (JFR, NSL) [JRO and JSD are also good].
I also added two term funds as hideout places while I wait for better deals in the taxable bond perpetual fund space.

For further details see:

Company Name:	Western Asset Global Corporate Defined Opportunity Fund Inc.
Stock Symbol:	GDO
Market:	NYSE