GDO - Western Asset Global Corporate Opportunity Fund
A closed-end fund run by Western Asset. Invests in bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
Not right now - Sit Investment was in this fund until Jan 3, 2025 and has since sold down.
Is the fund doing anything you need to act on?
Nothing right now.
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.
What happened, and when
-
Jan 8, 2025
The buy-back ended; the fund paid $12.96 a share.
Original document → -
Jan 3, 2025
Sit Investment sold down below 5% and stopped reporting.
Original document → -
Feb 14, 2024
Punch sold down below 5% and stopped reporting.
Original document → -
Feb 12, 2024
Sit Investment now owns 7.6%, as a passive investor.
Original document →
About this fund
- Run by Western Asset. At its last yearly report (Oct 31, 2025) the fund was run by Franklin Templeton Fund Adviser, LLC. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Size: about $87.6 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 34% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. As of April 30, 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 →
- 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. 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 0.8% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +9.6%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended Oct 31, 2025): the value of the holdings returned +10.7%. How the share price did: the shares returned +11% over the same year, counting payouts and the change in the market price. As of Oct 31, 2025, from the fund's annual report. Original document →
- First reported to the regulator in 2009.
+23%-1%
May 2024April 2026
What the fund holds
Mostly bonds (87%), the rest asset-backed bonds, loans and cash and short-term holdings. About 57% issued in the U.S.
- Aercap Ireland Capital Dac, Aer 3.4 10/29/33 - 3.6%
- Goldman Sachs Group, Gs V2.64 02/24/28 - 2.8%
- First Quantum Minerals, Fmcn 8 03/01/33 144A - 2.6%
- Echostar, Sats 10.75 11/30/29 . - 2.3%
- Citigroup, C 4.125 07/25/28 - 2.3%
- United Mexican States - Secretaria de Hacienda Y Credito Publico, Mex 4.35 01/15/47 - 2.1%
- Jp Morgan Chase & Company, JPM V2.58 04/22/32 - 2.1%
- Cellnex Finance Company Sau, Clnxsm 2 02/15/33 Emtn - 1.8%
- Poland, Republic of - State Treasury, Polgb 1.25 10/25/30 1030 - 1.7%
- Jbs USA Holding Lux Sarl, Jbs 5.95 04/20/35 - 1.5%
Show all 24
- HSBC Holdings PLC, HSBC V6.5 Perp - 1.5%
- Venture Global Lng, VENLNG V9 PERP 144a - 1.5%
- Office Cherifien Des Phosphates SA, Ocpmr 6.75 05/02/34 144A - 1.5%
- Pm General Purchaser LLC, Amgene 9.5 10/01/28 144A - 1.5%
- Carnival PLC, Ccl 1 10/28/29 - 1.4%
- Lloyds Banking Group PLC, Lloyds V8 Perp - 1.4%
- Southern Copper, Scco 5.25 11/08/42 - 1.4%
- Michaels Companies, Mik 11 03/15/34 144A - 1.3%
- Marks and Spencer PLC, Marspe 7.125 12/01/37 144A - 1.2%
- Gtl Trade Finance, Ggbrbz 7.25 04/16/44 144A - 1.1%
- Pinewood Finco PLC, Pinefi 6 03/27/30 144A - 1.1%
- Bank of America, Bac V5.875 Perp Ff - 1%
- Kazmunaygas National Company Jsc, Kzokz 3.5 04/14/33 144A - 1%
- Comision Federal de Electricidad, Cfelec 3.348 02/09/31 144A - 1%
As of April 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| Jan 3, 2025 | Sit Investment | 0% | Sold down below 5% |
| Feb 14, 2024 | Punch | 4.9% | Sold down below 5% |
| Feb 12, 2024 | Sit Investment | 7.6% | Passive investor |
| Date | What | Deadline | Document |
|---|---|---|---|
| Jan 8, 2025 | Buy-back results | none | Original document → |
- Run by
- Franklin Templeton Fund Adviser, LLC
- Fund family
- FRANKLIN TEMPLETON
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-22334
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- Oct 31, 2025
- Number of holdings
- 309
- Preferred share classes
- none
Email me when something new is filed for GDO
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