WESTERN ASSET GLOBAL CORPORATE OPPORTUNITY FUND INC. (GDO)
The Western Asset Global Corporate Defined Opportunity Fund Inc. is a U.S.-domiciled, closed-end mutual fund that primarily invests in global fixed income markets. Established on September 17, 2009, its primary management is handled by Legg Mason Partners Fund Advisor, LLC. The fund also benefits from the co-management expertise of several Western Asset Management entities, specifically Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited. This fund strategically allocates capital to high-quality, investment-grade debt securities, constructing its portfolio through rigorous proprietary research. To assess its performance, the fund benchmarks its returns against the Barclays Capital Global Aggregate Corporate Index. It was previously known as Western Asset Global Credit Defined Opportunity Fund Inc.
Industry: Asset Management - Global
Western Asset Global Corporate Defined Opportunity Fund Inc.
NYSE:GDOFinancial Services · Asset Management - Global
-1.13%$9.65
AH Close$9.65+0.00%vs close
AH Close$9.65+0.00%vs close
Mkt Cap$72.56M
Float7.52M
O/S7.52M
Inst Own19.1%
SI1.5%
Div Yield15.17%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$11.05M
Net Income$9.23M
Total Assets$139.95M
Free Cash Flow$6.58M
Debt & Equity
Debt 34%
Equity 66%
Total Debt$46.17M
Total Equity$91.23M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GDO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$139.95M
Liabilities$48.72M
Accounts Receivable$2.72M
Accounts Payable$2.19M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 |
| Revenue | $11.05M | $30.41M | $6.62M | -$60.88M | $20.65M | $12.1M | $33.75M | -$7.34M | $25.04M |
| YoY Growth | -63.7% | 359.1% | -110.9% | -394.8% | 70.6% | -64.1% | -559.7% | -129.3% | - |
| Cost of Revenue | $1.19M | $5.51M | $5.05M | $1.73M | $3.26M | $3.14M | $3.09M | $2.98M | $3.04M |
| Gross Profit | $9.86M | $30.41M | $8.01M | -$62.61M | $17.39M | $8.97M | $30.67M | -$10.32M | $22M |
| Gross Margin | 89.3% | 100.0% | 120.9% | 102.8% | 84.2% | 74.1% | 90.9% | 140.6% | 87.9% |
| Research and Development | $0 | $0 | $0 | $15 | $0 | $0 | $0 | -$1 | $1 |
| Selling, General, and Administrative | $338K | $371K | $366K | $290K | $312K | $357K | $268K | $305K | $288K |
| Other | -$2.29M | $63K | $108K | $116K | $183K | $123K | $112K | $195K | $487K |
| Total Operating Expenses | -$1.95M | $433K | $475K | $406K | $494K | $480K | $380K | $500K | $776K |
| Operating Income (EBIT) | $11.81M | $35.45M | $12.6M | -$61.17M | $21M | $12.41M | $36.31M | -$5.72M | $25.62M |
| Operating Margin | 106.9% | 116.6% | 190.3% | 100.5% | 101.7% | 102.5% | 107.6% | 77.9% | 102.3% |
| Interest Expense | $2.62M | $5.51M | $5.05M | $1.73M | $745K | $1.71M | $2.94M | $2.12M | $1.35M |
| Interest Income | $9.8M | $19.2M | $20.94M | $20.22M | $20.15M | $20.47M | $20.98M | $20.29M | $20.91M |
| Other Income (Expense) | -$2.58M | -$5.48M | -$5.07M | -$1.85M | -$721K | -$1.71M | $0 | -$2.12M | $1.65M |
| Income Before Tax (EBT) | $9.23M | $29.97M | $7.54M | -$63.02M | $20.28M | $10.7M | $33.37M | -$7.84M | $24.26M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $36.35M | $0 | $25.48M |
| Net Income | $9.23M | $29.97M | $7.54M | -$63.02M | $20.28M | $10.7M | $33.37M | -$7.84M | $24.26M |
| Net Income Margin | 83.5% | 98.6% | 113.8% | 103.5% | 98.2% | 88.4% | 98.9% | 106.8% | 96.9% |
| Supplementary Data | |||||||||
| EPS | 1.23 | 3.99 | 0.50 | -4.22 | 1.36 | 0.72 | 2.23 | -0.53 | 1.62 |
| Diluted EPS | 1.23 | 3.99 | 0.50 | -4.22 | 1.36 | 0.72 | 2.23 | -0.53 | 1.62 |
| Weighted Average OS | 7.52M | 7.52M | 15.07M | 14.95M | 14.94M | 14.94M | 14.94M | 14.80M | 14.98M |
| EBITDA | $11.81M | $35.45M | $12.6M | -$60.94M | $21.23M | $12.41M | $36.31M | -$5.72M | $25.62M |
| EBITDA Margin | 106.9% | 116.6% | 190.3% | 100.1% | 102.8% | 102.5% | 107.6% | 77.9% | 102.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $384K | $197K | $658K | $2.38M | $841K | $791K | $4K | $377K | $315K |
| Short-Term Investments | $1.06M | $3.42M | $2.56M | $2.2M | $6.88M | $6.16M | $0 | $107K | $0 |
| Cash and Short-Term Investments | $1.45M | $3.61M | $3.22M | $6.25M | $7.72M | $6.95M | $4K | $484K | $315K |
| Accounts Receivable | $2.72M | $6.1M | $4.29M | $10.1M | $5.36M | $5.11M | $5.28M | $9.23M | $6.7M |
| Inventory | $0 | $0 | $7.51M | $16.34M | $12.25M | $0 | $11.11M | $0 | $7.57M |
| Other Current Assets | -$4.16M | -$6.11M | -$7.51M | -$16.34M | -$13.09M | $0 | -$5.28M | -$9.71M | -$7.57M |
| Total Current Assets | $387K | $3.61M | $4.95M | $12.48M | $5.36M | $5.15M | $5.28M | $9.23M | $7.02M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $2K | $147.96M | $46K | $287.15M | $383.79M | $382.86M | $377.21M | $348.63M | $367.55M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $261.28M | $0 | $0 | $0 | $0 | -$348.63M | -$367.55M |
| Total Long-Term Assets | $139.56M | $147.96M | $261.32M | $287.15M | $383.79M | $382.86M | $377.21M | $348.63M | $367.55M |
| Other Assets | $139.95M | $2.95M | $85K | $871K | $314K | $388.01M | $8K | $321K | $126K |
| Total Assets | $139.95M | $154.53M | $266.36M | $300.5M | $389.47M | $388.01M | $382.5M | $358.18M | $374.69M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $2.19M | $1.88M | $2.76M | $7.56M | $6.39M | $9.12M | $5.89M | $6.89M | $4.36M |
| Short-Term Debt | $4.67M | $15.04M | $3.99M | $20.4M | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $489 | $0 | $894 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | -$1.23M | -$12.83M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $2.43M | -$32.05M | -$6.94M | -$28.16M | $29.63M | -$20.98M | -$13.49M | -$10.05M | -$4.61M |
| Total Current Liabilities | $7.1M | $17.02M | $2.76M | $7.56M | $6.39M | $9.12M | $5.89M | $6.89M | $4.36M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $41.5M | $44M | $81M | $83M | $90M | $90M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$41.5M | $15.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $41.78M | $59.64M | $81M | $83M | $90M | $90M | $88M | $88M | $83M |
| Other Liabilities | $41.61M | $61.52M | $4.38M | $21.11M | $23.24M | $120.4M | $13.56M | $3.51M | $517K |
| Total Liabilities | $48.72M | $61.52M | $88.15M | $111.67M | $119.64M | $120.4M | $107.45M | $98.4M | $87.88M |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22.19M | $1.78M |
| Common Stock | $8K | $8K | $15K | $15K | $15K | $15K | $15K | $15K | $15K |
| Retained Earnings | -$54.29M | -$56.89M | -$75.31M | -$70.38M | $986K | -$5.21M | -$755K | -$1.57M | $4.51M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22.19M | -$1.78M |
| Other Stockholders' Equity | $145.51M | $149.89M | $253.51M | $259.19M | $268.83M | $272.81M | $275.79M | $261.34M | $282.29M |
| Total Equity | $91.23M | $93.01M | $178.21M | $188.83M | $269.83M | $267.62M | $275.05M | $259.78M | $286.82M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $139.95M | $154.53M | $266.36M | $300.5M | $389.47M | $388.01M | $382.5M | $358.18M | $374.69M |
| Supplementary Data | |||||||||
| Total Debt | $46.17M | $59.04M | $84.99M | $103.4M | $90M | $90M | $88M | $88M | $83M |
| Net Debt | $45.79M | -$197K | $80.34M | $80.62M | $89.16M | $89.96M | $88M | $87.62M | $82.68M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 |
| Operating Activities | |||||||||
| Net Income | $9.23M | $29.97M | $7.54M | -$63.02M | $20.28M | $10.7M | $33.37M | -$7.84M | $24.26M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $1.09M | $490K | $5.8M | -$4.73M | -$259K | $171K | $3.95M | -$2.53M | $2.47M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$22K | $0 | $0 |
| Accounts Payable | $424K | -$246K | -$5.03M | $880K | -$2.74M | $3.45M | -$1.19M | $2.73M | -$1.01M |
| Other Working Capital | -$122K | -$129K | $239K | $216K | $97K | -$224K | $153K | -$12K | -$19K |
| Total Working Capital Change | $1.39M | $115K | $1.01M | -$3.64M | -$2.91M | $3.4M | $2.9M | $218K | $1.32M |
| Other Non-Cash Items | -$4.04M | $113.67M | $24.69M | $96.98M | -$1.07M | -$5.06M | -$28.78M | $19.23M | -$6.61M |
| Net Cash from Operating | $6.58M | $143.76M | $33.23M | $30.33M | $16.3M | $9.03M | $7.48M | $11.6M | $18.97M |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$76.3M | -$123.8M | -$101.41M | -$268.26M | -$133.33M | -$192.93M | -$185.73M | -$301.52M | -$249.52M |
| Sales of Investments | $85.41M | $259.38M | $129.16M | $290.72M | $139.84M | $185.23M | $187.78M | $306.04M | $250.94M |
| Other Investing Activities | $0 | -$135.58M | $0 | $0 | $0 | $0 | -$4.09M | $0 | $0 |
| Net Cash from Investing | $9.11M | $135.58M | $27.75M | $22.46M | $6.51M | -$7.7M | -$2.05M | -$4.52M | -$1.42M |
| Financing Activities | |||||||||
| Debt Repaid | $2.5M | $37M | $2M | $7M | -$2.12M | -$2M | -$10.34M | -$7.89M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$96.29M | $0 | $0 | $0 | -$26K | $0 | $0 | $0 |
| Dividends Paid | -$11.01M | -$19.49M | -$18.13M | -$17.99M | -$18.06M | -$18.11M | -$18.11M | -$19.38M | -$18.65M |
| Other Financing Activities | $0 | $8.74M | -$16.4M | $0 | $0 | $7.48M | $10.34M | $2.89M | $0 |
| Net Cash from Financing | -$21.57M | -$144.04M | -$36.54M | -$27.43M | -$15.94M | -$8.65M | -$7.77M | -$11.48M | -$18.65M |
| Forex Effect | $5.81M | $79K | -$4.53M | -$22.46M | -$6.51M | $7.7M | $2.05M | $0 | $0 |
| Net Change in Cash | -$72K | -$284K | -$3.3M | $2.89M | $361K | $383K | -$282K | $116K | $313K |
| Supplementary Data | |||||||||
| Operating Cash Flow | $6.58M | $143.76M | $33.23M | $30.33M | $16.3M | $9.03M | $7.48M | $11.6M | $18.97M |
| Capital Expenditure | -$4 | $4 | $0 | -$4 | $0 | -$3 | $0 | $0 | $0 |
| Free Cash Flow | $6.58M | $143.76M | $33.23M | $30.33M | $16.3M | $9.03M | $7.48M | $11.6M | $18.97M |
| Cash at Beginning | $457K | $741K | $4.04M | $1.15M | $791K | $408K | $690K | $574K | $143K |
| Cash at End | $384K | $457K | $741K | $4.04M | $1.15M | $791K | $408K | $690K | $456K |