Allspring Global Investments Holdings, LLC reported beneficial ownership of 774,236 shares of BrandywineGLOBAL Global Income mutual fund common shares, representing 4.6% of the class as of 09/30/2025. The filer states it has 409,952 shares with sole voting power and sole dispositive power over 774,236 shares; no shared voting or dispositive power is reported. The filing is a Schedule 13G/A indicating passive investment intent and certifies the securities were acquired and are held in the ordinary course of business, not to influence control. Exhibit A lists subsidiaries and identifies investment adviser entities associated with the ownership. The filing notes no single client is known to hold more than 5% of the class.
Positive
Clear disclosure of beneficial ownership: 774,236 shares (4.6%)
Sole dispositive power reported over the full 774,236 shares, enabling straightforward execution of trades
Filed as Schedule 13G/A, indicating passive intent rather than an active control effort
Negative
Concentration risk: a single entity holds 4.6% of the class which could affect liquidity in a thinly traded share class
Timing gap between the reporting date 09/30/2025 and filing signature 10/07/2025—amendments may be needed if positions changed
Insights
Passive stake disclosed: 4.6% ownership with sole dispositive authority.
The filing documents a 4.6% holding, which is material for a single reporting entity in a mutual fund share class and shows 409,952 votes under sole control while all 774,236 shares are under sole dispositive power. That split means the filer can sell the full position without coordination but does not report shared voting arrangements.
Risks include concentration sensitivity if the fund has limited free float; monitor any future amendments and proxy statements within the next 12 months for changes in voting or intent that could alter control implications.
Schedule 13G/A signals passive investment, with adviser-linked ownership structure.
The document is filed under the passive Schedule 13G framework and explicitly certifies the securities are held in the ordinary course of business, not to influence control. Exhibit A links holding subsidiaries and investment-adviser entities, clarifying record ownership and client relationships.
Compliance watchers should note the filing date 10/07/2025 and the reporting date 09/30/2025; any change in intent or crossing of the 5% threshold by a client would require prompt amendment.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
BrandywineGLOBAL Global Income
(Name of Issuer)
Mutual Fund COM
(Title of Class of Securities)
10537L104
(CUSIP Number)
09/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
10537L104
1
Names of Reporting Persons
Allspring Global Investments Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
409,952.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
774,236.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
774,236.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.6 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BrandywineGLOBAL Global Income
(b)
Address of issuer's principal executive offices:
C/O Legg Mason Partners Fund Advisor, LLC, 620 Eighth Avenue 49th Floor, New York, US-NY, 10018, US
Item 2.
(a)
Name of person filing:
Allspring Global Investments Holdings, LLC
(b)
Address or principal business office or, if none, residence:
1415 Vantage Park Drive, Charlotte, 28203, North Carolina, United States
(c)
Citizenship:
DELAWARE
(d)
Title of class of securities:
Mutual Fund COM
(e)
CUSIP No.:
10537L104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
774,236
(b)
Percent of class:
4.6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
409,952
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
774,236
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The securities as to which this Schedule is filed are owned of record by clients of one or more Investment Advisers identified in Exhibit A directly or indirectly owned by Allspring Global Investments Holdings, LLC. Those Clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds for the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows:
None
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit A
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Allspring Global Investments Holdings, LLC
Signature:
Jennifer Grunberg
Name/Title:
Senior Compliance Manager
Date:
10/07/2025
Exhibit Information
Exhibit A
Subsidiary
Allspring Global Investments, LLC - IA
Allspring Funds Management, LLC - IA
*Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on
this schedule 13G.
Allspring reported beneficial ownership of 774,236 shares, equal to 4.6% of the class.
Does Allspring have voting control over the BWG shares?
Allspring reports 409,952 shares with sole voting power and 774,236 shares with sole dispositive power; no shared voting power is reported.
Was this filing made as passive (13G) or active (13D)?
The filing is a Schedule 13G/A, which indicates the position is reported as passive and not intended to influence control.
Are the shares held on behalf of clients or the filer itself?
The filing states the securities are owned of record by clients of investment advisers identified in Exhibit A, indirectly owned by the parent holding company.
Did any client hold more than 5% of the class?
No client is known to hold more than 5% of the class according to the filing.
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