GDO - Western Asset Global Corporate Opportunity Fund

What this means for you

Sit Investment owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.

Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.

Email me if this changes

What happened, and when

1. Aug 14, 2026

   Osaic Holdings sold down below 5% and stopped reporting.

   Original document →

2. July 30, 2026

   First Trust Portfolios L.P. sold down below 5% and stopped reporting.

   Original document →

3. May 12, 2026

   Osaic Holdings sold down below 5% and stopped reporting.

   Original document →

4. Nov 14, 2025

   Osaic Holdings now owns 5.5%, as a passive investor.

   Original document →

5. July 23, 2025

   First Trust Portfolios L.P. cut its stake to 9.6% (from 11.1%), as a passive investor.

   Original document →

About this fund

• Run by Franklin Templeton Fund Adviser, LLC. Part of the FRANKLIN TEMPLETON fund family. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Size: about $83.8 million of holdings, as of July 31, 2026. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 34% on top of its own money, as of July 31, 2026. Borrowed money makes gains and losses bigger. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1.2% a year in management fees; 4.5% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
  Among the 90 funds we follow that invest in bonds, 51 charge a lower management fee and 71 charge less in total, at their last yearly reports. Both numbers are measured against the fund's own money, not the money it borrows on top, so a fund that borrows more shows higher costs on both counts.
• Payouts: last fiscal year (ended Oct 31, 2025) the fund paid $1.46 a share. $0.88 of that was income; $0.58 was your own money back, not income. Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of Oct 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Oct 31, 2025): $12.13. The shares traded at $11.65, about 4% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
• How the holdings did: down 4.2% over the last three months we have (May-July 2026), before the share price is taken into account. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 2009.

How this has changed

• Payouts per share: $1.46 in the fiscal year ended Oct 31, 2025; $1.32 in the year ended Oct 31, 2024; $1.21 in the year ended Oct 31, 2023.As of Oct 31, 2025, from the fund's annual report. Original document →
• Of that, your own money back rather than income: $0.58 in the year ended Oct 31, 2025; $0.51 in the year ended Oct 31, 2024; $0.36 in the year ended Oct 31, 2023.As of Oct 31, 2025, from the fund's annual report. Original document →
• Costs, including interest on borrowed money: 4.47% a year in the fiscal year ended Oct 31, 2025; 4.43% a year in the year ended Oct 31, 2024; 4.01% a year in the year ended Oct 31, 2023.As of Oct 31, 2025, from the fund's annual report. Original document →
• Size of the holdings: about $91.2 million at Oct 31, 2025; $93 million at Oct 31, 2024; $178 million at Oct 31, 2023. From the fund's quarterly holdings reports. Original documents: Oct 31, 2025 →, Oct 31, 2024 →, Oct 31, 2023 →.
• Borrowing: about 34% on top of its own money at Oct 31, 2025; 39% at Oct 31, 2024; 32% at Oct 31, 2023. From the fund's quarterly holdings reports. Original documents: Oct 31, 2025 →, Oct 31, 2024 →, Oct 31, 2023 →.
• The fund had about 7.52 million shares at Oct 31, 2025, down 49.7% from Oct 31, 2023.As of Oct 31, 2025, from the fund's annual report. Original document →
  In between, the fund bought back shares. Original document →

What these lines mean: a payout that is your own money back, what a fund costs, borrowing.

What a holder made

• The year ended Oct 31, 2025: the shares returned +11%, counting payouts; the holdings +10.7%. The holdings figure is what the fund's investments earned, before the share price is taken into account. As of Oct 31, 2025, from the fund's annual report. Original document →
• The year ended Oct 31, 2024: the shares returned +16.5%, counting payouts; the holdings +15.1%. As of Oct 31, 2024, from the fund's annual report. Original document →
• The year ended Oct 31, 2023: the shares returned +7%, counting payouts; the holdings +3.7%. As of Oct 31, 2023, from the fund's annual report. Original document →
• The year ended Oct 31, 2022: the shares returned -30%, counting payouts; the holdings -24.1%. As of Oct 31, 2022, from the fund's annual report. Original document →
• The year ended Oct 31, 2021: the shares returned +17.4%, counting payouts; the holdings +7.6%. As of Oct 31, 2021, from the fund's annual report. Original document →
• Those five years together: the shares returned +13.7%. $10,000 of shares bought at the start (Nov 1, 2020) would have become about $11,400 by Oct 31, 2025, with every payout counted, before tax. As of Oct 31, 2025, from the fund's annual report. Original document →
• The holdings over the last twelve months we have, to July 31, 2026: -0.6%. The quarterly reports carry no share price, so this is the holdings alone. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Of the 59 funds that invest in bonds with a fiscal year ending within six months of this one, 16 reported a higher share return for that year and 42 a lower one. As of Oct 31, 2025, from the fund's annual report. Original document →
• A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.

Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.

What the fund holds

Mostly bonds (86%), the rest asset-backed bonds, loans and cash and short-term holdings. About 55% issued in the U.S.

1. Aercap Ireland Capital Dac / Aercap Global Aviation Trust, Aer 3.4 10/29/33 - 3.6%
2. Goldman Sachs Group, Gs V2.64 02/24/28 - 3%
3. First Quantum Minerals, Fmcn 8 03/01/33 144A - 2.5%
4. United Mexican States - Secretaria de Hacienda Y Credito Publico, Mex 4.35 01/15/47 - 2.1%
5. Cellnex Finance Company Sau, Clnxsm 2 02/15/33 Emtn - 1.8%
6. Poland, Republic of - State Treasury, Polgb 1.25 10/25/30 1030 - 1.7%
7. HSBC Holdings PLC, HSBC V6.5 Perp - 1.6%
8. Jbs USA Holding Lux Sarl, Jbs 5.95 04/20/35 - 1.6%
9. Jp Morgan Chase & Company, JPM V2.58 04/22/32 - 1.5%
10. Office Cherifien Des Phosphates SA, Ocpmr 6.75 05/02/34 144A - 1.5%

As of July 31, 2026, from the fund's quarterly holdings report. Original document →