GDO News and Press, Western Asset Global Corporate Defined Opportunity Fund Inc. From 12/16/19

Introduction It has been a challenging year for the global economy in 2019, and 2020 is not shaping up to be much, if any, easier. We project global GDP growth will be 3.0% this year, which would be the slowest pace of growth since the global recession of 2008 and 2009. For 2020, we do no...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2019, January and February 2020. The following dates apply to the distribution schedule below: (a) Western Asset Investment Grade Defined ...

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) today announced the financial position of the Fund as of July 31, 2019. Footnotes: (a) The difference between total assets and total net assets is due primarily to the Fund’s use of borrowings; total net asse...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2019. The following dates apply to the distribution schedule below: a The Fund has increased its distributions to a...

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) announces its portfolio composition as of June 30, 2019. Investment Objective: The Fund’s investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund&...

Make no mistake in your thinking. The nations of Germany, France, the Netherlands, and the rest of the European Union, along with Switzerland, and Japan, are "forcing" the Fed into a corner without any real escape. To begin with, the Fed, by its charter, is an "Independent Entity" created by t...

By Matt Brill, Senior Portfolio Manager, Senior Portfolio Manager As yields across the globe plummet, many investors are now actually paying someone to take their money. Currently, there are more than $12 trillion of bonds with negative yields outstanding which equal 24% of the global bo...

By Kathy A Jones No matter what kind of bond you own, its price and yield are going to be influenced by a number of risk factors: the direction of interest rates, inflation expectations and the credit of the issuer being the most prominent among them. When you invest in international bonds...

Western Asset Corporate Loan Fund (NYSE: TLI ) - $0.0530 (Quarterly $0.1590/share in three installments). Western Asset High Income Fund II (NYSE: HIX ) - $0.0460 (Quarterly $0.1380/share in three installments). Western Asset High Income Opportunity Fund (NYSE: HIO ) - $0.0290 (Quar...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2019. The following dates apply to the distribution schedule below: This press release is not for tax reporting purposes but i...