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Fixed Income

GDO Western Asset Global Corporate Opportunity Fund Inc.

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NAV 1 $-0.10(-0.87%)
$11.45
As of 03/26/2026
Market Price 2 $-0.09(-0.84%)
$10.66
As of 03/26/2026
Premium / Discount 3
-6.90%
Distribution Rate at Market Price 4
13.85%

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Overview

Fund Facts

Fund description

Provides a portfolio of U.S., foreign, and emerging market corporate fixed income securities. Seeks to provide current income and secondarily capital appreciation through investments in the global bond universe while maintaining an overall investment grade credit quality. May invest up to 35% below investment grade. Emphasizes team management and extensive credit research expertise to identify attractively priced securities.

Fund Inception Date
11/27/2009
Total Net AssetsAs of 02/28/2026 (Updated Monthly)
$90.42 Million
Dividend Frequency, if any
Monthly
Morningstar Category5
Global Bond
Asset Class
Fixed Income

Expenses & Fees

7
As of 10/31/2025
Management Charge
1.24%
Additional Expenses6
0.49%
Sub TotalAs of 02/28/2026
1.73%
Interest Expenses
2.90%
Income Tax Expense
0.00%
Pure Gross Expense Ratio
4.63%

Identifiers

Ticker
GDO
NAV Symbol
XGDOX
CUSIP Code
95790C107

Average Annual Total Returns

View performance section for additional info As of 02/28/2026
  • 13.18%1 Year
  • 7.81%3 Years
  • 1.27%5 Years
  • 5.48%10 Years
  • 5.02%Since Inception
    11/24/2009

Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.

Additional Fund Info

Listing Exchange
NYSE - XNYS
Fiscal Year End
October 31
Benchmark
Bloomberg Global Aggregate - Corporate
Lipper Classification
Global Income Funds
Investment Style
Corporate Credit

Trading Characteristics

As of 03/26/2026 (Updated Daily)
Shares Outstanding
7,519,400
Daily Volume
38,933

Manager

About the Team

Western Asset

Western Asset Management is one of the world's leading global fixed income managers. Founded in 1971, the firm is known for team management and proprietary research, supported by robust risk management and a long-term fundamental value approach.

Western Asset logo
Portfolio Manager Profile
Years of Experience
Manager Location

Latest Insights

March 19, 2026

Muni Monthly: February 2026

March 9, 2026

Iran crisis update

February 22, 2026

The “missing middle”—bringing EM official investors into focus

January 28, 2026

January FOMC recap—A pause, but for how long?
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Performance

Calendar Year Returns

As of 02/28/2026

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -20.33 to 30.6.
End of interactive chart.
Western Asset Global Corporate Opportunity Fund Inc. - Market Price (%)
Western Asset Global Corporate Opportunity Fund Inc. - NAV (%)
Bloomberg Global Aggregate - Corporate (%)

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Prior to January 1, 2012, returns based on NAV assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.

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Portfolio

Assets

As of02/28/2026 (Updated Monthly)

Total Assets 8
$136.60 Million
Loans
30.38%
Reverse Repurchase Agreements
3.42%
Total Net Assets 8
$90.42 Million

Positions

As of 02/28/2026 (Updated Monthly)

Number of Holdings
Fund
314

Portfolio Statistics

As of 02/28/2026 (Updated Monthly)

Cash Flow
Fund
6.90%
Effective Duration
Fund
5.85 Years
Weighted Average Life
Fund
8.59 Years

Currency Exposure

As of 02/28/2026 - Notional Exposure % of Total (Updated Monthly)

Currency Fund

US Dollar

76.64%

Euro

17.32%

British Pound

2.57%

Canadian Dollar

1.58%

Polish Zloty

1.12%

Uruguayan Peso

0.66%

Russian Ruble

0.12%

Mexican Peso

0.00%

Hong Kong Dollar

0.00%

Argentine Peso

0.00%

Chart

Bar chart with 10 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.00004 to 76.64228.
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Holdings

As of 02/28/2026 (Updated Monthly)

AERCAP IRELAND CAP/GLOBA 3.​4000% Mat 10/29/2033
Goldman Sachs Group Inc 2.​6400% Mat 02/24/2028
FIRST QUANTUM MINERALS LTD 8.​0000% Mat 03/01/2033
Citigroup Inc.​ 4.​1250% Mat 07/25/2028
ECHOSTAR CORP 10.​7500% Mat 11/30/2029
United Mexican States 4.​3500% Mat 01/15/2047
JPMORGAN CHASE & CO 2.​5800% Mat 04/22/2032
CELLNEX FINANCE CO SA 2.​0000% Mat 02/15/2033
POLAND GOVERNMENT BOND 1.​2500% Mat 10/25/2030
UnitedHealth Group Inc 2.​0000% Mat 05/15/2030

Portfolio holdings are based on total portfolio, and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. Any negative allocations or allocations in excess of 100% are primarily due to unsettled trade activities.

Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance.

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Distributions & Tax

Distribution Frequency
MonthlyThis fund is an ex-Dividend fund

Rates and Yields Read important information about results and other investment disclosures

Distribution Rate 4

As of 03/27/2026 (Updated Daily)
At Net Asset Value (NAV) 12.84%
At Market Price 13.85%

Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.

Distributions Per Share
Distributions with future dates are estimates and those figures are not final

05/21/2026
04/23/2026
03/24/2026
02/20/2026
01/23/2026

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report for specific information regarding distributions.

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Pricing

Pricing History

As of 03/26/2026 (Updated Daily)

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2009-11-27 00:00:00 to 2026-03-27 00:00:00.
The chart has 1 Y axis displaying [products.performance-value]. Data ranges from 10.5 to 21.18.
End of interactive chart.

Daily Fund Prices

As of 03/26/2026

Share Prices

As of 03/26/2026

NAV  1(Net Asset Value)
$11.45
NAV Change  1
$-0.10
NAV Change (%)  1
-0.87%
Market Price  2
$10.66
Market Price Change  2
$-0.09
Market Price Change (%)  2
-0.84%

52-Week Range

Highest NAV
$12.46
Lowest NAV
$11.45
Highest Market Price
$12.11
Lowest Market Price
$10.50

Premium / Discount

As of 03/26/2026

Avg. of Market Price vs. NAV at Close
-6.90%
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Press Releases

03/23/2026
02/27/2026
02/23/2026
01/30/2026
01/27/2026
12/31/2025
12/01/2025
11/20/2025
11/03/2025
10/01/2025
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Documents

Fund Literature
 Name Download Add to Cart
Factsheet - Western Asset Global Corporate Opportunity Fund Inc.Download Document
Product Guide - Closed-end fundsDownload Document
Regulatory Documents
 Name Download Add to Cart
Annual Report - Western Asset Global Corporate Defined Opportunity Fund Inc.Download Document
Semi-Annual Report - Western Asset Global Corporate Defined Opportunity Fund Inc.Mailed hardcopies unavailable.Download Document
Policy and Procedures - Audit Committee CharterMailed hardcopies unavailable.Download Document
Policy and Procedures - Compensation Committee CharterMailed hardcopies unavailable.Download Document
Policy and Procedures - Nominating Committee Charter February 2024Mailed hardcopies unavailable.Download Document
Nominating Committee CharterMailed hardcopies unavailable.Download Document
Fiscal Q1 Holdings - Western Asset Global Corporate Defined Opportunity Fund Inc.Mailed hardcopies unavailable.Download Document
Fiscal Q3 Holdings - Western Asset Global Corporate Defined Opportunity Fund Inc.Mailed hardcopies unavailable.Download Document

Risks

All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Leverage increases the volatility of investment returns and subjects investments to magnified losses and a decline in value. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance.

Important Information

The Closed-End Funds are not sold or distributed by Franklin Distributors, LLC. (FD, LLC) or any Franklin Templeton affiliated companies. Unlike open-end funds, shares are not continually offered. Like other public companies, closed-end funds have a one-time initial public offering, and once their shares are first issued, are generally bought and sold through non-affiliated broker/dealers and trade on nationally recognized stock exchanges. Share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of exchange-traded closed-end funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value. Investment return, market price and net asset value will fluctuate with changes in market conditions. The Funds are subject to investment risks, including the possible loss of principal invested. 

Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.

You need Adobe Acrobat Reader to view and print PDF documents. Download a free version from Adobe's website.

Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.

Important data provider notices and terms available at www.franklintempletondatasources.com.

Performance data quoted represents past performance, which does not guarantee future results. 

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

The Bloomberg Global Aggregate Corporate Index is a global investment-grade, fixed-rate corporate debt index, including industrial, utility and financial sectors.
Source: Bloomberg Indices.

All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.

Footnotes

  1. Net Asset Value (NAV) represents the value of a closed-end fund's underlying holdings per share. NAV is determined by dividing the total net assets of the fund by the number of shares outstanding. The fund calculates the NAV per share each business day normally coinciding with the close of trading on the New York Stock Exchange (NYSE).

  2. Market Price, determined by supply and demand, is the price an investor purchases or sells the fund. The Market Price shown reflects the last trade on the listing exchange at the time that the fund's NAV is calculated.

  3. Premium / Discount reflects the difference between the NAV and the Market Price of the fund, and represents the amount that the fund is trading above or below its NAV, expressed as a percentage of the NAV. 

  4. Distribution Rate is calculated by annualizing the most recent distribution amount paid, divided by the closing market price or NAV as of the date indicated. The Distribution Rate calculation includes income, may include return of capital and excludes special distributions. The Distribution Rate is subject to change and is not guaranteed nor a quotation of fund performance.

  5. ©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

  6. Includes operating and other expenses.

  7. Based on the Fund’s net assets of the common shares, as of the most recent Annual Report. See the fund’s Annual Report for information on the fund’s expenses.

  8. The difference between total assets and net assets, if any, is due primarily to the Fund’s use of borrowings and other liabilities; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. When the Fund engages in transactions that have a leveraging effect on the Fund’s portfolio, the value of the Fund will be more volatile and all other risks will tend to be compounded. 

  9. Based on the fund’s Net Asset Value (NAV)

  10. Credit Quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security's rating as provided by S&P Global Ratings, Moody's Investors Service and/or Fitch Ratings, Inc. and typically range from AAA (highest) to D (lowest), or an equivalent and/or similar rating. For this purpose, if two or more of the agencies have assigned differing ratings to a security, the highest rating is used. Securities that are unrated by all three agencies are reflected as such. The credit quality of the investments in the portfolio does not apply to the stability or safety of the portfolio. The methodology used for the calculation of credit quality ratings displayed may differ from the methodology for monitoring investment limits, if applicable. Please note, the portfolio itself has not been rated by an independent rating agency.

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