BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG or “the Fund”; CUSIP: 10537L104) Announces Notification of Sources of Distributions
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.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) ha annunciato le sue fonti di distribuzione per il 3 settembre 2024 e per l'anno fiscale 2024. La distribuzione mensile di agosto del Fondo è pari a $0.0800 per azione, di cui il 43.44% proviene dal reddito netto da investimenti e il 56.56% dal rimborso di capitale. Per l'anno fiscale fino ad oggi, la distribuzione cumulativa di $0.7200 per azione segue lo stesso modello di allocazione.
Il rendimento totale medio annuo del Fondo negli ultimi 5 anni è dello 0.57%, con un tasso di distribuzione annualizzato del 10.28% al 31 luglio 2024. Il rendimento totale cumulativo per il periodo fiscale fino al 31 luglio 2024 è del 20.41%. BWG opera secondo una politica di distribuzione gestita, mirata a fornire potenziale di rendimento totale a lungo termine attraverso distribuzioni mensili regolari.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) ha anunciado sus fuentes de distribución para el 3 de septiembre de 2024 y para el año fiscal 2024. La distribución mensual de agosto del Fondo es de $0.0800 por acción, de la cual el 43.44% proviene de ingresos netos de inversiones y el 56.56% de la devolución de capital. Para el año fiscal hasta la fecha, la distribución acumulativa de $0.7200 por acción sigue el mismo patrón de asignación.
El rendimiento total anual promedio del Fondo durante los últimos 5 años es del 0.57%, con una tasa de distribución anualizada del 10.28% a 31 de julio de 2024. El rendimiento total acumulado para el período fiscal hasta el 31 de julio de 2024 es del 20.41%. BWG opera bajo una política de distribución gestionada, destinada a proporcionar potencial de rendimiento total a largo plazo a través de distribuciones mensuales regulares.
브랜디와인글로벌 - 글로벌 수입 기회 펀드 Inc. (NYSE: BWG)가 2024년 9월 3일 및 2024 회계연도의 배당 출처를 발표했습니다. 펀드의 8월 월간 배당금은 주당 $0.0800로, 이 중 43.44%는 순투자 소득에서, 56.56%는 자본 환급에서 나옵니다. 회계연도 기준으로 현재까지의 누적 배당금은 주당 $0.7200으로, 동일한 분배 패턴을 따릅니다.
펀드의 5년 평균 연간 총 수익률은 0.57%이며, 2024년 7월 31일 기준으로 연환산 배당률은 10.28%입니다. 2024년 7월 31일까지의 회계 기간에 대한 누적 총 수익률은 20.41%입니다. BWG는 규칙적인 월간 배당금을 통해 장기적인 총 수익 잠재력을 제공하는 것을 목표로 하는 관리 배당 정책에 따라 운영됩니다.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) a annoncé ses sources de distribution pour le 3 septembre 2024 et pour l'exercice 2024. La distribution mensuelle d'août du Fonds est de 0,0800 $ par action, dont 43,44 % provient des revenus nets d'investissement et 56,56 % du remboursement de capital. Pour l'exercice en cours, la distribution cumulée de 0,7200 $ par action suit le même modèle d'allocation.
Le rendement total moyen annuel du Fonds sur 5 ans est de 0,57 %, avec un taux de distribution annualisé de 10,28 % au 31 juillet 2024. Le rendement total cumulé pour la période fiscale jusqu'au 31 juillet 2024 est de 20,41 %. BWG fonctionne selon une politique de distribution gérée, visant à offrir un potentiel de rendement total à long terme grâce à des distributions mensuelles régulières.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG) hat seine Verteilungsquellen für den 3. September 2024 und für das Geschäftsjahr 2024 bekannt gegeben. Die monatliche Verteilung des Fonds für August beträgt $0.0800 pro Aktie, wovon 43.44% aus Nettoanlageerträgen und 56.56% aus der Rückzahlung von Kapital stammen. Für das bis dato laufende Geschäftsjahr folgt die kumulierte Verteilung von $0.7200 pro Aktie demselben Verteilungsmuster.
Die durchschnittliche jährliche Gesamtverzinsung des Fonds über die letzten 5 Jahre beträgt 0.57%, mit einem annualisierten Verteilungszins von 10.28% zum 31. Juli 2024. Die kumulierte Gesamtverzinsung für den Geschäftsjahreszeitraum bis zum 31. Juli 2024 beträgt 20.41%. BWG arbeitet unter einer verwalteten Ausschüttungspolitik, die darauf abzielt, langfristiges Gesamtertragspotential durch regelmäßige monatliche Ausschüttungen zu liefern.
- The Fund maintains a high annualized distribution rate of 10.28% as of July 31, 2024
- Cumulative total return for the fiscal period through July 31, 2024, is 20.41%
- The Fund has a managed distribution policy to deliver long-term total return potential
- 56.56% of the distribution is classified as return of capital, potentially reducing shareholders' tax basis
- The Fund's 5-year average annual total return is only 0.57%, underperforming the distribution rate
- The Fund may be distributing more than its income and net realized capital gains
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 September 3, 2024, and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for the August Monthly Distribution as of July 31, 2024:
Distribution Per Share |
Net Investment Income |
Net Realized Short-Term Capital Gains |
Net Realized Long-Term Capital Gains |
Return of Capital |
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Cumulative Estimated Allocations fiscal year-to-date as of July 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 |
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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 7/31/2024)1 |
Annualized Distribution Rate (as a percentage of NAV as of 7/31/2024)2 |
Cumulative Total Return (in relation to the change in NAV for the fiscal period through 7/31/2024)3 |
Cumulative Fiscal Year-To-Date Distribution Rate (as a percentage of NAV as of 7/31/2024)4 |
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Fund Performance and Distribution Rate Information:
- 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 July 31, 2024. Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
- The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of July 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through July 31, 2024, assuming reinvestment of distributions paid.
- The Cumulative Fiscal Year-To-Date Distribution Rate is the dollar value of distributions for the fiscal period October 31, 2023 through July 31, 2024, as a percentage of the Fund’s NAV as of July 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20240903602302/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
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