Allspring Global Investments Holdings LLC Purchases 115,072 Shares of Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO)

Allspring Global Investments Holdings LLC boosted its holdings in shares of Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) by 27.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 530,044 shares of the company’s stock after purchasing an additional 115,072 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Western Asset Global Corporate Defined Opportunity Fund were worth $6,769,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its position in shares of Western Asset Global Corporate Defined Opportunity Fund by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,897 shares of the company’s stock worth $148,000 after buying an additional 832 shares during the last quarter. Sowell Financial Services LLC boosted its stake in shares of Western Asset Global Corporate Defined Opportunity Fund by 1.9% in the 4th quarter. Sowell Financial Services LLC now owns 65,950 shares of the company’s stock valued at $842,000 after purchasing an additional 1,200 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Western Asset Global Corporate Defined Opportunity Fund by 5.8% during the 2nd quarter. NewEdge Advisors LLC now owns 27,300 shares of the company’s stock valued at $370,000 after purchasing an additional 1,500 shares during the last quarter. Dynamic Advisor Solutions LLC increased its position in Western Asset Global Corporate Defined Opportunity Fund by 4.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 41,962 shares of the company’s stock worth $497,000 after purchasing an additional 1,715 shares in the last quarter. Finally, Consolidated Portfolio Review Corp lifted its stake in Western Asset Global Corporate Defined Opportunity Fund by 5.1% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 35,910 shares of the company’s stock valued at $426,000 after purchasing an additional 1,754 shares during the last quarter.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

Shares of Western Asset Global Corporate Defined Opportunity Fund stock opened at $11.96 on Thursday. The company’s 50 day moving average price is $12.44 and its two-hundred day moving average price is $12.23. Western Asset Global Corporate Defined Opportunity Fund Inc. has a fifty-two week low of $11.21 and a fifty-two week high of $13.04.

Western Asset Global Corporate Defined Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Tuesday, April 23rd will be given a dividend of $0.102 per share. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.22 dividend on an annualized basis and a yield of 10.23%.

Western Asset Global Corporate Defined Opportunity Fund Company Profile

Western Asset Global Corporate Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited.