
Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO)
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GDO Fund Profile
Key details and information about Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO).
Sector Focus
Financial Services
Industry
Asset Management - Global
Inception Date
24 Nov 2009
Country
US
Description
The Western Asset Global Corporate Defined Opportunity Fund Inc. is a U.S.-domiciled, closed-end mutual fund that primarily invests in global fixed income markets. Established on September 17, 2009, its primary management is handled by Legg Mason Partners Fund Advisor, LLC. The fund also benefits from the co-management expertise of several Western Asset Management entities, specifically Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited. This fund strategically allocates capital to high-quality, investment-grade debt securities, constructing its portfolio through rigorous proprietary research. To assess its performance, the fund benchmarks its returns against the Barclays Capital Global Aggregate Corporate Index. It was previously known as Western Asset Global Credit Defined Opportunity Fund Inc.
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