Western Asset Glb Corp Def Opp:GDO


    As of 1/23/2015

    52 Wk Avg$18.23$20.33-10.35%
    52 Wk High$18.89$20.75-7.95%
    52 Wk Low$17.28$19.47-12.47%
    Regular Distribution TypeIncome Only
    Distribution Rate7.64%
    Distribution Amount$0.1135
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks current income with capital appreciation through investments in a portfolio of US and foreign corporate fixed income securities of varying maturities

    Capital Structure

    As of 1/23/2015

    Total Net Assets:$382.024M
    Total Common Assets:$302.024M
    Common Shares Outstanding:15,230,660

    As of 10/31/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD):
    Structural Leverage (USD):
    Structural Leverage (%): 0.00%
    Effective Leverage (USD): $80.000M
    Effective Leverage (%): 20.64%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 10/31/2014

      Per Common Share
    Management Fees0.99%
    Other Expenses:0.09%
    Baseline Expense: 1.08%
    Interest Expense:0.18%
    Total: 1.26%

    Fund Management

    Fund Sponsor
    Legg Mason Partners Fund Advisors, LLC

    Portfolio Managers
    Kenneth Leech (24 Nov 2009)

    Category:Taxable Income-Investment Grade
    NAV Ticker:XGDOX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:11/24/2009
    Inception Share Price:$20.00
    Inception NAV:$19.06
    Tender Offer:No
    Fiscal Year End:October 31
    Third Party Links & Reports


    As of 1/23/2015

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 10/31/2014
    Annualized Distribution Rate on NAV:
    As of 1/23/2015
    Total Return on NAV (12 months):
    As of 1/23/2015
    Avg. UNII Per Share:
    As of 10/31/2014
    Avg. Portfolio Coupon:
    As of 1/23/2015
    Total % Portfolio Effectively Leveraged:
    As of 1/23/2015

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 1/23/2015

    PeriodAvg Discount
    6 Month-10.47%
    1 Year-10.35%
    3 Year-6.81%
    5 Year-6.50%
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 1/23/2015
    Category: Investment Grade Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 1/23/2015
    Category: Investment Grade Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 1/23/2015
    Average Maturity:
    As of 9/30/2014
    5.40 yrs
    Number of Holdings:
    As of 10/31/2014
    Annual Portfolio Turnover:
    As of 10/31/2014
    Asset Allocation

    As of 10/31/2014 reported by Fund Sponsor

    Top Sectors

    As of 10/31/2014 reported by Fund Sponsor

    Debt - Corp Long 86.25%
    Debt - Gov Long 3.75%
    Net Current Assets 3.34%
    Debt - Short 1.67%
    Debt - Asset-Backed Sec 1.62%
    Debt - Mortg: CMOs 1.56%
    Debt - Senior Loans 0.76%
    General Equity 0.69%
    Debt - Pref Shrs 0.34%
    Debt - Convertible Bonds 0.01%
    Top Holdings

    As of 7/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Deutsche Bank Securities Inc. Repurchase 0.08 01 Aug 2014$18.40M4.72%
    Barclays Bk 7.625% 7.63 21 Nov 2022$13.00M3.33%
    Verizon Comms 5.15% 5.15 15 Sep 2023$11.71M3.00%
    Ing Bk Nv 6.875% 6.88 29 May 2023$10.71M2.75%
    Broder Brothers Co.$8.71M2.24%
    Brazil(Fed Rep Of) 10% 10.00 01 Jan 2017$8.60M2.21%
    Royal Bk Scotland Grp 5% 5.00 01 Oct 2014$8.05M2.06%
    Jpmorgan Chase FRN$7.96M2.04%
    Continental Airls 6.75% 6.75 15 Sep 2015$7.65M1.96%
    Wachovia Cap Tr Iii FRN 5.80 22 Sep 2014$7.14M1.83%
    Intl Lease Fin 8.75% 8.75 15 Mar 2017$6.82M1.75%
    Credit Quality

    As of 9/30/2014 reported by Fund Sponsor

    Country Allocation

    As of 10/31/2014 reported by Fund Sponsor

    Country% Portfolio
    Global 94.73%
    USA 5.27%

    CEFConnect.com makes data for the universe of closed-end funds available as a courtesy to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 frequently trade at a discount to their net asset value.

    Data provided by MorningstarData Provided by Morningstar