82,336 Shares in Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 82,336 shares of the company’s stock, valued at approximately $933,000.

Separately, Wolverine Asset Management LLC bought a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund during the 4th quarter valued at about $646,000.

Western Asset Global Corporate Defined Opportunity Fund Trading Down 3.8 %

Shares of GDO stock opened at $11.05 on Friday. Western Asset Global Corporate Defined Opportunity Fund Inc. has a fifty-two week low of $10.92 and a fifty-two week high of $13.01. The stock has a 50 day simple moving average of $11.42 and a two-hundred day simple moving average of $11.69.

Western Asset Global Corporate Defined Opportunity Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were paid a dividend of $0.122 per share. This represents a yield of 12.59%. The ex-dividend date of this dividend was Monday, March 24th.

About Western Asset Global Corporate Defined Opportunity Fund

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.