CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Western Asset Global Corporate Defined Opportunity Fund (GDO)

Taxable Bond Funds - Investment Grade Bond

Data as of Dec. 11, 2018
Market Price $15.22 (- $0.01)
NAV (Dec. 11, 2018) $17.07 (- $0.01)
Premium / Discount -10.84% (-0.01%)
Fund Info
Inception Nov. 24, 2009
Sponsor Legg Mason Partners Fund Advisors
Website https://www.leggmason....
Phone 1-888-777-0102
Objective: Current income and liquidate in December 2024; U.S. and foreign corporate fixed-income securities
Related Indexes
12 Major CEF Sectors Index
Investment Grade Bond Index
US Bond Index
Capital & Leverage
Outstanding Shares 14,940,540
Total Assets (Reported: April 30, 2018) $367M
Estimated Total Assets $338M
Net Assets $255M
Market Cap $227M
Purchases Turnover 69.03%
Sales Turnover 68.64%
Total Leverage 24.50%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.89%
Non Lev Exp Ratio 1.25%
Rel Lev Cost 1.93%
Discount Data
Average Discount (3 Yr) -7.99%
Discount Low(3 Yr) -12.95%
Discount High(3 Yr) -3.88%
Discount Rel Range 23.26%
Comp Discount -6.00
Discount St Dev (1Yr) 1.76
Z-Stat (6mo) -0.81
Z-Stat (1Yr) -1.22
Z-Stat (3Yr) -1.54
Comp Z-Stat (6mo) -0.20
Comp Z-Stat (3Yr) -0.48
Distribution Data
Market Yield 7.96%
Income Yield 7.96%
Lev Adj NAV Yield 5.70%
Distribution Frequency M
Current Distribution $0.101
Current Income $0.101
Ex-Date 12/20/18
Payable Date 12/31/18
Div Growth (3yr) -11.01%
Dividend Change -6.9% on 5/14/18
Expected Div 2/14/19
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2017 2015 - 2017
Income 100% 100%
ST Gains 0% 0%
QDI 7.5% 4.3%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $742
Avg Volume 30 day 65,411
Avg Volume 90 day 48,748
Volume Trend 34.18%
Comp Volume Trend 12.40%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Investment Grade Bond Index
Most Correlated Peer (Mk Pr): DUC 55.0%
NAV - Price Correlation (30 d) 81.9%
NAV - Price Correlation (90 d) 94.9%
NAV - Price Correlation (1 Yr) 95.0%
Price St Dev (1Yr) 7.7%
NAV St Dev (1Yr) 3.4%
Earnings / Share (7/31/18) $0.083
Earn Coverage 81.98%
Earnings Trend Down
UNII / Share (7/31/18) $0.078
Rel UNII 6.43
UNII Trend Down
Bond Specific Data
Maturity 6.31
Duration 5.79
Credit Rating (rbo) BBB
Investment Grade 67.70%
Non Investment Grade 31.40%
Unrated Bonds 0.90%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Investment Grade Bond Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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