Western Asset Global Corporate Defined Opportunity Fund (GDO)

• Market cap: $83.7M
• 1 day: 0.82%
• 5 days: 3.15%
• 1 month: -3.89%
• 3 months: -1.24%
• 6 months: -9.44%
• Year to date: -1.42%
• 1 year: -6.94%
• 5 years: -27.77%
• 10 years: -38.34%
• Sector: Financials
• Industry: Asset Management

About: Western Asset Global Corp Defined Opp is a closed-end management investment company with a primary investment objective to provide current income. Its secondary objective is to seek capital appreciation. The Fund invests in the United States and foreign corporate fixed-income securities of varying maturities.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

29.51% less ownership

Funds ownership: 37.73% [Q3] → 8.21% (-29.51%) [Q4]

33% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 9

37% less funds holding

Funds holding: 43 [Q3] → 27 (-16) [Q4]

78% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 18

80% less capital invested

Capital invested by funds: $69.8M [Q3] → $13.9M (-$55.9M) [Q4]