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GDO News and Press, Western Asset Global Corporate Defined Opportunity Fund Inc. From 06/11/20

Stock Information

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

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GDO - CEF Market Distribution Update

Since the start of the drawdown, the CEF market has experienced a wave of distribution cuts driven by deleveraging and falls in asset prices. With most of the June distribution announcements in the bag, we take a look at how various sectors have fared since the end of the drawdown. The main ...

GDO - Certain Closed-End Funds Announce Adjournment and Rescheduling of June 5, 2020 Special Meeting of Shareholders

ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO), ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR), LMP Capital and Income Fund Inc. (NYSE: SCD), Western Asset Global Corporate Defined Opportunity Fund In...

GDO - Certain Legg Mason Closed-End Funds Announce Change of Location of Special Meeting of Shareholders Scheduled to Be Held on June 5, 2020

Clarion Partners Real Estate Income Fund Inc. Class S Shares (CPRSX), Class T Shares (CPRTX), Class D Shares (CPRDX) and Class I Shares (CPREX), ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO), ClearBridge MLP and Mids...

GDO - Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2020

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 2020. The following dates apply to the distribution schedule below: This press release is not for tax reporting purposes but is...

GDO - Investment Grade And Government Bond CEFs' Turn To Shine

If this coronavirus-induced nosedive has driven home anything, it's "stick to the plan, in good times and bad." Last year, when the markets were surging upward, I was tempted again and again to trade out of a few of my funds whose market yield had dropped below 7%. There were so many other C...

GDO - Bond Investing As Coronavirus Crisis Intensifies

By Scott DiMaggio and Gershon Distenfeld Most of the global bond market sold off sharply in the first quarter as the coronavirus crisis emerged and intensified. Economic activity halted across much of the world. Credit spreads—yields relative to comparable-maturity government bond ...

GDO - Closed-End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Board Approval of New Management and Subadvisory Contracts

ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO), ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR), BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG), LMP Capital and Income Fun...

GDO - Fiscal Hopium Rally Brings Another Opportunity To Reduce Risk

Originally published on March 24, 2020 Global risk markets have experienced the steepest 30 percent decline in history over the last month. We should expect to see some big reversal rallies punctuating the downtrend–even while the trend continues down. Today, as algos key on t...

GDO - Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2020

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2020. The following dates apply to the distribution schedule below: (a) Included in the March distribution is approximately $0...

GDO - Closed-End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce that Franklin Resources, Inc. is to Acquire Legg Mason, Inc.

ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO), ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR), BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG), LMP Capital and Income Fund Inc. (...

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