AI filing briefs

WESTERN ASSET GLOBAL CORPORATE OPPORTUNITY FUND INC. (GDO)

GDO 8-K filings, explained

Every material Form 8-K WESTERN ASSET GLOBAL CORPORATE OPPORTUNITY FUND INC. has filed with the SEC since July 22, 2015, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs on record3since Jul 22, 2015
Latest filingJan 02, 2019leadership
High impact (4-5)1of 3 briefs
ToneNeutral3
leadership 2other 1
Jan 2, 4:21 PM ET

Western Asset Global Corporate Defined Opportunity Fund adds director Nisha Kumar

Neutral leadership Written later 5.02

The fund's board added Nisha Kumar as a director effective January 1, 2019, and Dr. Riordan Roett and Leslie H. Gelb retired as directors effective December 31, 2018. The changes were announced in a joint press release covering the Legg Mason-advised closed-end funds, and Kumar will sit on several of the fund's board committees.

  • Nisha Kumar appointed director effective January 1, 2019, and will serve on the Audit, Nominating, Compensation, Pricing and Valuation Committees
  • Dr. Riordan Roett and Leslie H. Gelb retired as directors effective December 31, 2018
  • Kumar has been Managing Director, CFO and Chief Compliance Officer of Greenbriar Equity Group, LP since 2011
Read the filing on SEC.gov ↗
Aug 16, 5:50 PM ET

Western Asset GDO fund replaces KPMG with PwC as auditor

Neutral other Written later 4.01

The fund's auditor, KPMG LLP, resigned on August 14, 2017, at the fund's request. The board approved PricewaterhouseCoopers LLP as the new auditor for the fiscal year ending October 31, 2017, effective August 14, 2017. The filing says the change does not reflect any disagreement with KPMG's performance, and it reports no disagreements or reportable events during the relevant periods.

  • KPMG resigned as independent registered public accounting firm on August 14, 2017, at the fund's request.
  • KPMG's reports for fiscal years ended October 31, 2016 and 2015 contained no adverse or disclaimer of opinion and were not qualified or modified.
  • The Board approved PwC on August 10, 2017, for the fiscal year ending October 31, 2017, effective August 14, 2017.
  • No disagreements or reportable events were reported; KPMG's letter dated August 16, 2017 is filed as Exhibit 16.1.
Read the filing on SEC.gov ↗
Jul 22, 1:55 PM ET

Western Asset GDO: Jane Trust to succeed Kenneth Fuller as chairman and CEO

Neutral leadership Written later 5.02

Jane Trust has been appointed director/trustee, Chairman, Chief Executive Officer and President of Western Asset Global Corporate Defined Opportunity Fund and other closed-end funds advised by Legg Mason Partners Fund Advisor, LLC, effective August 1, 2015. Kenneth D. Fuller resigns from the same roles effective July 31, 2015, so the leadership change takes effect with a one-day gap.

  • Jane Trust appointed director/trustee, Chairman, CEO and President effective August 1, 2015
  • Kenneth D. Fuller resigns as director/trustee, Chairman, CEO and President effective July 31, 2015
  • Trust is a Managing Director of Legg Mason & Co., LLC and Senior Vice President of the fund's investment manager, LMPFA
  • Trust has been with the Legg Mason family for almost 27 years and previously held senior roles at LMCM and LMIC
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every WESTERN ASSET GLOBAL CORPORATE OPPORTUNITY FUND INC. filing is on SEC EDGAR ↗. 8-K briefs of other companies →