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BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG or “the Fund”; CUSIP: 10537L104) Announces Notification of Sources of Distributions

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BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG) announces its estimated sources of distribution for May 1, 2024, and fiscal year 2024. Shareholders are informed about the distribution breakdown, including net investment income, capital gains, and return of capital. The Fund's managed distribution policy aims to provide long-term total return potential through regular monthly distributions.

BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG) annuncia le stime delle fonti di distribuzione per il 1 maggio 2024 e per l'anno fiscale 2024. Ai soci viene comunicata la ripartizione della distribuzione che include reddito da investimenti, guadagni in capitale e restituzione di capitale. La politica di distribuzione gestita del Fondo mira a fornire un potenziale di rendimento totale a lungo termine attraverso distribuzioni mensili regolari.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG) anuncia las fuentes estimadas de distribución para el 1 de mayo de 2024 y el año fiscal 2024. Los accionistas son informados sobre el desglose de la distribución, que incluye ingresos netos de inversión, ganancias de capital y devolución de capital. La política de distribución gestionada del Fondo tiene como objetivo proporcionar un potencial de retorno total a largo plazo mediante distribuciones mensuales regulares.
BrandywineGLOBAL - Global Income Opportunities Fund Inc.(BWG)는 2024년 5월 1일 및 2024 회계년도의 배당 출처 추정치를 발표했습니다. 주주들에게 투자 수익, 자본 이득 및 자본 반환을 포함하는 배당 분배에 대해 알려줍니다. 이 펀드의 관리 분배 정책은 정기적인 월별 분배를 통해 장기적인 총 수익 잠재력을 제공하고자 합니다.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG) annonce ses sources estimées de distribution pour le 1er mai 2024 et pour l'exercice fiscal 2024. Les actionnaires sont informés de la répartition des distributions, incluant les revenus nets d'investissement, les gains en capital et le retour de capital. La politique de distribution gérée du Fonds vise à offrir un potentiel de rendement total à long terme à travers des distributions mensuelles régulières.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG) kündigt seine geschätzten Quellen der Ausschüttungen für den 1. Mai 2024 und das Geschäftsjahr 2024 an. Aktionäre werden über die Aufteilung der Ausschüttung informiert, einschließlich Nettanlageerträgen, Kapitalgewinnen und Kapitalrückzahlungen. Die verwaltete Ausschüttungspolitik des Fonds zielt darauf ab, durch regelmäßige monatliche Ausschüttungen langfristiges Gesamtertragspotenzial zu bieten.
Positive
  • The Fund is transparent in disclosing the sources of its distributions to shareholders, including net investment income, capital gains, and return of capital.

  • The managed distribution policy ensures consistent monthly distributions to shareholders, enhancing the Fund's attractiveness for income investors.

Negative
  • Shareholders should be cautious about drawing conclusions on the Fund's investment performance solely based on the distribution amount or terms of the Plan.

  • A return of capital distribution may indicate that the Fund has distributed more than its income and net realized capital gains, which could affect shareholder's tax basis.

NEW YORK--(BUSINESS WIRE)-- BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]:

Notification of Sources of Distributions
Pursuant to Section 19(a) of the Investment Company Act of 1940

The Fund’s estimated sources of the distribution to be paid on May 1, 2024, and for the fiscal year 2024 year-to-date are as follows:

Estimated Allocations for the April Monthly Distribution as of March 31, 2024:

Distribution

Per Share

Net Investment

Income

Net Realized

Short-Term Capital

Gains

Net Realized

Long-Term Capital

Gains

Return of

Capital

$0.0800

$0.0385

$0.0000

$0.0000

$0.0415

100.00%

48.10%

0.00%

0.00%

51.90%

Cumulative Estimated Allocations fiscal year-to-date as of March 31, 2024, for the fiscal year ending October 31, 2024:

Distribution

Per Share

Net Investment

Income

Net Realized

Short-Term Capital

Gains

Net Realized

Long-Term Capital

Gains

Return of

Capital

$0.4000

$0.1924

$0.0000

$0.0000

$0.2076

100.00%

48.10%

0.00%

0.00%

51.90%

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Plan. BWG estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the BWG distribution to shareholders may be a return of capital. A return of capital may occur, for example, when some or all of the money that a shareholder invested in a Fund is paid back to them. A return of capital distribution does not necessarily reflect BWG’s investment performance and should not be confused with ‘yield’ or ‘income’. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund’s distributions for federal income tax purposes.

Average Annual Total

Return (in relation to

the change in net asset

value (NAV) for the

5-year period ended on

3/31/2024)1

Annualized

Distribution Rate (as a

percentage of NAV as

of 3/31/2024)2

Cumulative Total

Return (in relation

to the change in

NAV for the fiscal

period through

3/31/2024)3

Cumulative Fiscal

Year-To-Date

Distribution Rate (as

a percentage of NAV

as of 3/31/2024)4

1.75%

10.11%

18.28%

4.21%

Fund Performance and Distribution Rate Information:

 

 

1

Average Annual Total Return in relation to NAV represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ended through March 31, 2024. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid. 

2

The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2024.

3

Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through March 31, 2024, assuming reinvestment of distributions paid.

4

The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period October 31, 2023 through March 31, 2024, as a percentage of the Fund’s NAV as of March 31, 2024.

This Fund has a managed distribution policy that seeks to deliver the Fund’s long-term total return potential through regular monthly distributions declared at a fixed rate per common share. Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof. Shareholders should note, however, that if a Fund’s aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund’s assets and will constitute a return of the shareholder’s capital. A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund. The Board of Directors of the Fund may terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund’s shares.

For further information on BrandywineGLOBAL - Global Income
Opportunities Fund Inc., please visit our web site at:
www.franklintempleton.com/investments/options/closed-end-funds

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.

Category: Distribution Related

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

Investor Contact: Fund Investor Services 1-888-777-0102

Source: Franklin Resources, Inc. and Legg Mason Closed End Funds

FAQ

What are the estimated sources of distributions announced by BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG)?

The estimated sources of distribution include net investment income, net realized short-term capital gains, net realized long-term capital gains, and return of capital.

What is BWG's managed distribution policy?

BWG has a managed distribution policy aiming to provide long-term total return potential through regular monthly distributions declared at a fixed rate per common share.

How are distributions paid by BrandywineGLOBAL - Global Income Opportunities Fund Inc. financed?

Distributions may be paid from net investment income, realized capital gains, and by returning capital, or a combination thereof.

What should shareholders be cautious about regarding the distribution amount from BrandywineGLOBAL - Global Income Opportunities Fund Inc.?

Shareholders should be cautious about drawing conclusions on the Fund's investment performance solely based on the distribution amount or terms of the Plan.

How does a return of capital distribution impact shareholders of the Fund?

A return of capital distribution may indicate that the Fund has distributed more than its income and net realized capital gains, affecting shareholder's tax basis.

Legg Mason BW Global Income Opportunities Fund Inc.

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