Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2024
Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) has released its financial position as of July 31, 2024. The Fund's total assets stood at $289,240,843, with total net assets of $189,394,987. The NAV per share of common stock was $12.67, while the market price per share was $12.42, representing a discount of 1.97%.
For the quarter, the Fund reported total net investment income of $3,026,616 and a total net realized/unrealized gain of $5,810,932. This resulted in a net increase in net assets from operations of $8,837,548. The Fund's earnings per common share for the quarter were $0.59.
The Fund had an outstanding loan of $84,000,000 and reverse repurchase agreements totaling $12,303,068 as of July 31, 2024. It is a non-diversified, -term, closed-end management investment company advised by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company,
Il Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) ha pubblicato la sua posizione finanziaria al 31 luglio 2024. Il totale degli attivi del Fondo si attesta a $289,240,843, con totale degli attivi netti di $189,394,987. Il NAV per azione delle azioni ordinarie era di $12.67, mentre il prezzo di mercato per azione era di $12.42, rappresentando uno sconto del 1.97%.
Per il trimestre, il Fondo ha riportato un reddito netto totale da investimenti di $3,026,616 e un guadagno netto realizzato/non realizzato totale di $5,810,932. Questo ha portato a un incremento netto degli attivi netti dalle operazioni di $8,837,548. Gli utili per azione ordinaria del Fondo per il trimestre sono stati di $0.59.
Il Fondo aveva un prestito in corso di $84,000,000 e accordi di riacquisto invertiti per un totale di $12,303,068 al 31 luglio 2024. Si tratta di una società d'investimento a chiusura non diversificata, a termine, gestita da Franklin Templeton Fund Adviser e co-gestita da Western Asset Management Company.
El Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) ha publicado su posición financiera a fecha del 31 de julio de 2024. El total de activos del Fondo se situó en $289,240,843, con activos netos totales de $189,394,987. El NAV por acción de las acciones comunes fue de $12.67, mientras que el precio de mercado por acción fue de $12.42, representando un descuento del 1.97%.
Para el trimestre, el Fondo informó un ingreso neto total por inversiones de $3,026,616 y una ganancia neta realizada/no realizada total de $5,810,932. Esto resultó en un incremento neto en los activos netos por operaciones de $8,837,548. Las ganancias por acción común del Fondo para el trimestre fueron de $0.59.
El Fondo tenía un préstamo pendiente de $84,000,000 y acuerdos de recompra inversa que totalizan $12,303,068 al 31 de julio de 2024. Es una compañía de inversión cerrada no diversificada y a término, asesorada por Franklin Templeton Fund Adviser y subasesorada por Western Asset Management Company.
Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO)는 2024년 7월 31일 기준 재무 상황을 발표했습니다. 이 펀드의 총 자산은 $289,240,843이며, 총 순 자산은 $189,394,987로 나타났습니다. 일반 주식의 주당 NAV는 $12.67이었고, 주당 시장 가격은 $12.42로, 1.97%의 할인을 나타냈습니다.
이 분기 동안 펀드는 총 순 투자 수익을 $3,026,616 기록했으며, 총 순 실현/비실현 이익은 $5,810,932였습니다. 이는 운영으로 인한 자산 순 증가가 $8,837,548이란 결과로 이어졌습니다. 이 분기의 주당 수익은 $0.59였습니다.
펀드는 2024년 7월 31일 기준 미상환 대출이 $84,000,000이고 역 환매 계약이 총 $12,303,068이 있었습니다. 이는 Franklin Templeton Fund Adviser에 의해 자문받고 Western Asset Management Company에 의해 보조 자문을 받는 비다각화된 기간 종료형 폐쇄형 투자 회사입니다.
Le Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) a publié sa position financière au 31 juillet 2024. Le total des actifs du Fonds s'élevait à $289,240,843, avec un total d'actifs nets de $189,394,987. Le NAV par action des actions ordinaires était de $12.67, tandis que le prix du marché par action était de $12.42, représentant un escompte de 1.97%.
Pour le trimestre, le Fonds a rapporté un revenu net total d'investissement de $3,026,616 et un gain net réalisé/non réalisé total de $5,810,932. Cela a entraîné une augmentation nette des actifs nets provenant des opérations de $8,837,548. Les bénéfices par action ordinaire du Fonds pour le trimestre étaient de $0.59.
Le Fonds avait un prêt en cours de $84,000,000 et des accords de reprise inversée totalisant $12,303,068 au 31 juillet 2024. Il s'agit d'une société d'investissement de gestion fermée non diversifiée à durée déterminée, conseillée par Franklin Templeton Fund Adviser et sous-conseillée par Western Asset Management Company.
Der Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) hat seine finanzielle Lage zum 31. Juli 2024 veröffentlicht. Die Gesamtvermögen des Fonds beliefen sich auf $289,240,843, mit netto Gesamtvermögen von $189,394,987. Der NAV pro Aktie der Stammaktien betrug $12.67, während der Marktpreis pro Aktie $12.42 betrug, was einem Rabatt von 1.97% entspricht.
Für das Quartal berichtete der Fonds von einem netto Gesamteinkommen aus Investitionen in Höhe von $3,026,616 und einem netto realisierten/nicht realisierten Gewinn von $5,810,932. Dies führte zu einem netto Anstieg der Nettovermögen aus den Operationen von $8,837,548. Die Gewinne pro Stammaktie des Fonds für das Quartal lagen bei $0.59.
Der Fonds hatte zum 31. Juli 2024 ein ausstehendes Darlehen von $84,000,000 und Rückkaufvereinbarungen in Höhe von insgesamt $12,303,068. Es handelt sich um ein nicht diversifiziertes, termingeschlossenes, geschlossenes Management-Investmentunternehmen, das von Franklin Templeton Fund Adviser beraten und von Western Asset Management Company unterberaten wird.
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| Current Q July 31, 2024 |
Previous Q April 30, 2024 |
Prior Yr Q July 31, 2023 |
|||||||||
| Total Assets (a) | $ |
289,240,843 |
|
$ |
290,210,657 |
|
$ |
284,772,797 |
|
||
| Total Net Assets (a) | $ |
189,394,987 |
|
$ |
185,729,851 |
|
$ |
196,401,760 |
|
||
| NAV Per Share of Common Stock (b) | $ |
12.67 |
|
$ |
12.42 |
|
$ |
13.14 |
|
||
| Market Price Per Share | $ |
12.42 |
|
$ |
11.88 |
|
$ |
12.60 |
|
||
| Premium / (Discount) |
|
(1.97 |
)% |
|
(4.35 |
)% |
|
(4.11 |
)% |
||
| Outstanding Shares |
|
14,949,168 |
|
|
14,949,168 |
|
|
14,949,168 |
|
||
| Total Net Investment Income (c) | $ |
3,026,616 |
|
$ |
3,031,620 |
|
$ |
3,254,187 |
|
||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ |
5,810,932 |
|
$ |
(6,924,112 |
) |
$ |
2,705,972 |
|
||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ |
8,837,548 |
|
$ |
(3,892,492 |
) |
$ |
5,960,159 |
|
||
| Earnings per Common Share Outstanding | |||||||||||
| Total Net Investment Income (c) | $ |
0.20 |
|
$ |
0.20 |
|
$ |
0.22 |
|
||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ |
0.39 |
|
$ |
(0.46 |
) |
$ |
0.18 |
|
||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ |
0.59 |
|
$ |
(0.26 |
) |
$ |
0.40 |
|
||
| Undistributed/(Overdistributed) Net Investment Income (d) | $ |
(6,690,007 |
) |
$ |
(4,544,211 |
) |
$ |
(5,159,294 |
) |
||
| Undistributed/(Overdistributed) Net Investment Income | |||||||||||
| Per Share (d) | $ |
(0.45 |
) |
$ |
(0.30 |
) |
$ |
(0.35 |
) |
||
| Loan Outstanding (d) | $ |
84,000,000 |
|
$ |
81,000,000 |
|
$ |
81,000,000 |
|
||
| Reverse Repurchase Agreements (d) | $ |
12,303,068 |
|
$ |
15,899,858 |
|
$ |
4,745,020 |
|
||
Footnotes:
(a) The difference between total assets and total net assets is due primarily to the Fund’s use of borrowings; total net assets do not include borrowings.
(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(c) For the quarter indicated.
(d) As of the date indicated above.
This financial data is unaudited.
The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT.
These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset Global Corporate Defined Opportunity Fund Inc. is a non-diversified, limited-term, closed-end management investment company, which is advised by Franklin Templeton Fund Adviser, LLC (“FTFA”) (formerly known as Legg Mason Partners Fund Advisor, LLC) and subadvised by Western Asset Management Company, LLC (“Western Asset”). FTFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. (“Franklin Resources”).
For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.
Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.
Category: Financials
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20240925518347/en/
Media: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
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