Welcome to our dedicated page for BrandywineGLOBAL – Global Opp Fund news (Ticker: BWG), a resource for investors and traders seeking the latest updates and insights on BrandywineGLOBAL – Global Opp Fund stock.
BrandywineGLOBAL Global Income Opportunities Fund Inc. (NYSE: BWG) is a non-diversified, closed-end management investment company that focuses on world-wide fixed-income securities. Its stated primary objective is to provide current income, with capital appreciation as a secondary objective. The Fund’s news flow centers on its distribution practices, performance measures, and governance activities.
Most of the Fund’s recent announcements are Section 19(a) notifications under the Investment Company Act of 1940. These notices detail the estimated sources of BWG’s monthly distributions, breaking them into net investment income, net realized capital gains, and return of capital. Each release explains that the Fund may distribute more than its income and net realized capital gains, and that any difference may be treated as a return of capital, which does not necessarily indicate investment performance.
News items also provide definitions and context for metrics such as Average Annual Total Return in relation to NAV, Annualized Distribution Rate, Cumulative Total Return, and Cumulative Fiscal Year-To-Date Distribution Rate. These disclosures help readers understand how the Fund’s managed distribution policy relates to its net asset value over time.
In addition, BWG issues announcements about its annual meeting of stockholders, including the election of directors and the ratification of its independent registered public accountants. Together, these updates give investors a view into the Fund’s distribution policy, NAV-based performance measures, and corporate governance. For those following BWG news, this page aggregates these recurring distribution notices and fund announcements in one place.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG) has announced its December 2024 distribution details and fiscal year-to-date allocations. The Fund will distribute $0.0800 per share, sourced entirely from net investment income. The Fund's performance metrics as of November 30, 2024, show an average annual total return of 0.24% over five years, an annualized distribution rate of 10.39%, and a cumulative total return of 1.42% for the fiscal period.
The Fund maintains a managed distribution policy aimed at delivering long-term total returns through monthly distributions. While distributions can come from various sources including investment income and capital gains, shareholders are advised that if the Fund's aggregate income and gains are less than the distribution amount, the difference will constitute a return of capital, affecting their tax basis.
BrandywineGLOBAL - Global Income Opportunities Fund (NYSE: BWG) announced the sources of its distributions for December 2, 2024, and the fiscal year-to-date. The estimated distribution per share for November is $0.0800, with 53.79% from net investment income and 46.21% as a return of capital. For the fiscal year ending October 31, 2024, the cumulative distribution per share is $0.9600, with 53.76% from net investment income and 46.24% as a return of capital.
Shareholders are cautioned not to infer the Fund's investment performance from these distributions. The Fund may return capital, which is not taxable but reduces the shareholder's tax basis. The actual distribution sources for tax purposes will be detailed in Form 1099-DIV. The average annual total return for the five years ending October 31, 2024, is -0.26%, with an annualized distribution rate of 10.45%.
Franklin Templeton Fund Adviser has announced distributions for certain closed-end funds for December 2024, January and February 2025. BrandywineGLOBAL - Global Income Opportunities Fund (BWG) will distribute $0.08000 per share monthly, while Western Asset Emerging Markets Debt Fund (EMD) will distribute $0.08750, reflecting a $0.00300 increase. BWG's fiscal year-to-date distributions are estimated to come from 67.43% income and 32.57% return of capital. The distributions will be paid on December 31, 2024, February 3, 2025, and March 3, 2025, respectively.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) has announced its October 2024 distribution details. The Fund will distribute $0.0800 per share, comprising 53.65% from net investment income and 46.35% from return of capital. For fiscal year 2024 to date, the total distribution is $0.8800 per share. The Fund's performance metrics show a 1.00% average annual total return over five years, a 9.96% annualized distribution rate, and a 26.35% cumulative total return for the fiscal period. The Fund maintains a managed distribution policy aimed at delivering long-term total return potential through monthly distributions.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) has announced its distribution sources for October 1, 2024, and the fiscal year 2024. The Fund's estimated allocation for the September monthly distribution of $0.0800 per share consists of 50.75% from net investment income and 49.25% from return of capital. The cumulative fiscal year-to-date distribution follows the same allocation pattern.
The Fund's performance metrics as of August 31, 2024, include an average annual total return of 0.56% over 5 years, an annualized distribution rate of 10.14%, and a cumulative total return of 23.11% for the fiscal period. BWG operates under a managed distribution policy, aiming to deliver long-term total return potential through regular monthly distributions.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) has released its financial position as of July 31, 2024. The Fund's total assets stood at $273,199,524, with total net assets at $156,843,573. The NAV per share of common stock was $9.34, while the market price per share was $8.59, representing a discount of 8.03%.
For the quarter, the Fund reported total net investment income of $3,974,477 and a total net realized/unrealized gain of $5,989,541. The net increase in net assets from operations was $9,506,538, or $0.57 per common share outstanding. The Fund had outstanding loans of $61,000,000 and mandatory redeemable preferred stock of $50,000,000.
The Fund is advised by Franklin Templeton Fund Adviser, and sub-advised by Brandywine Global Investment Management, , both indirect, wholly-owned subsidiaries of Franklin Resources, Inc.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) has announced its distribution sources for September 3, 2024, and fiscal year 2024. The Fund's August monthly distribution of $0.0800 per share comprises 43.44% from net investment income and 56.56% from return of capital. For the fiscal year-to-date, the cumulative distribution of $0.7200 per share follows the same allocation pattern.
The Fund's 5-year average annual total return is 0.57%, with an annualized distribution rate of 10.28% as of July 31, 2024. The cumulative total return for the fiscal period through July 31, 2024, is 20.41%. BWG operates under a managed distribution policy, aiming to deliver long-term total return potential through regular monthly distributions.
Franklin Templeton Fund Adviser, has announced distributions for certain closed-end funds for September, October, and November 2024. The funds include BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG), LMP Capital and Income Fund Inc. (SCD), and Western Asset Emerging Markets Debt Fund Inc. (EMD). BWG will distribute $0.08000 per share each month.
The distributions are part of the funds' managed distribution policy, aiming to maintain consistent distribution levels from income, capital gains, and potentially return of capital. For BWG, the estimated source of distributions for the fiscal year-to-date is 55.04% from income and 44.96% from return of capital. Shareholders are advised not to draw conclusions about fund performance from these distributions.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) has announced its distribution sources for August 1, 2024, and the fiscal year 2024. The Fund's monthly distribution of $0.0800 per share comprises 36.74% from net investment income and 63.26% from return of capital. For the fiscal year-to-date, the Fund has distributed $0.6400 per share with the same allocation percentages.
The Fund's performance metrics as of June 30, 2024, show a -0.01% average annual total return over 5 years, a 10.55% annualized distribution rate, and a 16.30% cumulative total return for the fiscal period. BWG operates under a managed distribution policy, aiming to deliver long-term total return potential through regular monthly distributions.
BrandywineGLOBAL - Global Income Opportunities Fund (NYSE: BWG) has announced the sources of its distributions for July 1, 2024. As of May 31, 2024, the distribution per share is $0.0800, consisting of 61.37% net investment income and 38.63% return of capital. For the fiscal year-to-date, the cumulative distribution is $0.5600 per share, following a similar allocation. Importantly, a portion of these distributions may be a return of capital, not necessarily reflecting the Fund’s performance. The Fund’s performance metrics include an average annual total return of 0.87% over five years, a 10.49% annualized distribution rate, and a 15.93% cumulative total return for the fiscal period ending May 31, 2024. Shareholders will receive Form 1099-DIV for tax reporting purposes. The Fund adheres to a managed distribution policy but may terminate it, potentially affecting the share price.
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