Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO)
announced today a conference call to update investors on the Fund's
performance and investment activities. The call will be held on
Wednesday, May 26, 2010 at 4:15 p.m. (Eastern Time). Michael Buchanan,
Head of Global Credit at Western Asset Management, will discuss the
Fund's investment portfolio and market outlook and will conclude with a
question and answer session.
Investors can listen to this call by teleconference:
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Dial-in information:
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Date:
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May 26, 2010
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Time:
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4:15 p.m. (Eastern Time)
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USA Toll Free Number:
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1-800-369-3358
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Pass code:
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Legg Mason
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A replay of the call will be made available and instructions on how to
access the replay will be provided at a future date by press release.
Western Asset Global Corporate Defined Opportunity Fund's primary
investment objective is to provide current income and then to liquidate
on or about December 2, 2024. As a secondary investment objective, the
Fund will seek capital appreciation. There can be no assurance, however,
that the Fund's investment objectives will be achieved. An investment in
the Fund entails a risk of loss and the Fund's shares may decline in
value.
The Fund seeks to achieve its investment objectives by investing, under
normal market conditions, at least 80% of its managed assets in a
portfolio of U.S. and foreign corporate fixed income securities of
varying maturities. Under normal market conditions, the Fund will invest
at least 40% of its managed assets in fixed income securities of foreign
issuers organized or having a principal place of business outside the
United States. GDO expands upon the existing closed-end fund offerings
that encompass a range of taxable and tax-exempt investment objectives.
Other funds in the Legg Mason-affiliated closed-end fund family include
Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE: DMO),
Western Asset Global High Income Fund Inc. (NYSE: EHI), Western Asset
Emerging Markets Income Fund Inc. (NYSE: EMD), Western Asset Emerging
Markets Debt Fund Inc. (NYSE: ESD), Western Asset Global Partners Income
Fund Inc. (NYSE: GDF), Western Asset Variable Rate Strategic Fund Inc.
(NYSE: GFY), Western Asset High Income Fund Inc. (NYSE: HIF), Western
Asset High Income Opportunity Fund Inc. (NYSE: HIO), Western Asset High
Income Fund II Inc. (NYSE: HIX), Western Asset Investment Grade Defined
Opportunity Trust Inc. (NYSE: IGI), Western Asset Inflation Management
Fund Inc. (NYSE: IMF), Western Asset Managed High Income Fund Inc.
(NYSE: MHY), Western Asset Income Fund (NYSE: PAI), Western Asset
Worldwide Income Fund Inc. (NYSE: SBW), and Western Asset Premier Bond
Fund (NYSE: WEA).
Tax-exempt funds include Western Asset Intermediate Muni Fund Inc. (NYSE
Amex: SBI), Western Asset Municipal High Income Fund Inc. (NYSE: MHF),
Western Asset Managed Municipals Fund Inc. (NYSE: MMU), Western Asset
Municipal Defined Opportunity Trust Inc. (NYSE: MTT) and Western Asset
Municipal Partners Fund Inc. (NYSE: MNP).
Legg Mason Partners Fund Advisor, LLC (?LMPFA?) is the Fund's investment
manager. Investment sub-advisory services are provided by Western Asset
Management Company (?WAM?) and certain of its affiliates. LMPFA and WAM
are both wholly-owned subsidiaries of Legg Mason, Inc.
Legg Mason is the 6th largest closed-end fund manager in the U.S., with
over $8.0 billion in assets under management as of March 31, 2010.
For more information please call 1-888-777-0102 or consult the Funds'
web site at www.leggmason.com/cef.
Western Asset Global Corporate Defined Opportunity Fund Inc.
1-888-777-0102
