BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG or “the Fund”; CUSIP: 10537L104) Announces Notification of Sources of Distributions
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%.
BrandywineGLOBAL - Global Income Opportunities Fund (NYSE: BWG) ha annunciato le fonti delle sue distribuzioni per il 2 dicembre 2024 e per l'anno fiscale fino ad oggi. La distribuzione stimata per azione per novembre è di $0.0800, con il 53.79% da reddito da investimenti netti e il 46.21% come rimborso di capitale. Per l'anno fiscale che termina il 31 ottobre 2024, la distribuzione cumulativa per azione è di $0.9600, con il 53.76% da reddito da investimenti netti e il 46.24% come rimborso di capitale.
Si avverte gli azionisti di non dedurre le performance di investimento del Fondo da queste distribuzioni. Il Fondo può restituire capitale, che non è tassabile ma riduce la base imponibile dell'azionista. Le fonti effettive delle distribuzioni ai fini fiscali saranno dettagliate nel modulo 1099-DIV. Il rendimento totale annuale medio per i cinque anni che terminano il 31 ottobre 2024 è del -0.26%, con un tasso di distribuzione annualizzato del 10.45%.
BrandywineGLOBAL - Global Income Opportunities Fund (NYSE: BWG) anunció las fuentes de sus distribuciones para el 2 de diciembre de 2024 y para el año fiscal hasta la fecha. La distribución estimada por acción para noviembre es de $0.0800, con un 53.79% proveniente de ingresos netos de inversiones y un 46.21% como retorno de capital. Para el año fiscal que finaliza el 31 de octubre de 2024, la distribución acumulada por acción es de $0.9600, con un 53.76% de ingresos netos de inversiones y un 46.24% como retorno de capital.
Se advierte a los accionistas que no deduzcan el rendimiento de inversión del Fondo a partir de estas distribuciones. El Fondo puede devolver capital, lo cual no es gravable pero reduce la base imponible del accionista. Las fuentes reales de distribución para efectos fiscales se detallarán en el formulario 1099-DIV. El rendimiento total anual promedio para los cinco años que terminan el 31 de octubre de 2024 es del -0.26%, con una tasa de distribución anualizada del 10.45%.
브랜디와인글로벌 - 글로벌 소득 기회 펀드(NYSE: BWG)는 2024년 12월 2일의 배당금 출처와 회계 연도 기준 누계 배당금을 발표했습니다. 11월의 예상 배당금은 주당 $0.0800으로, 53.79%는 순투자 소득에서, 46.21%는 자본 환급으로 구성됩니다. 2024년 10월 31일 종료되는 회계 연도의 누적 배당금은 주당 $0.9600이며, 53.76%는 순투자 소득에서, 46.24%는 자본 환급으로 구성됩니다.
주주들은 이러한 배당금에서 펀드의 투자 실적을 유추하지 말 것을 주의받고 있습니다. 펀드는 자본을 반환할 수 있으며, 이는 과세 대상이지만 주주의 세금 기준을 줄입니다. 세금 목적의 실제 배당금 출처는 양식 1099-DIV에 자세히 기재됩니다. 2024년 10월 31일 종료되는 5년 동안의 평균 연간 총 수익률은 -0.26%이며, 연간 배당률은 10.45%입니다.
BrandywineGLOBAL - Global Income Opportunities Fund (NYSE: BWG) a annoncé les sources de ses distributions pour le 2 décembre 2024 et pour l'année fiscale à ce jour. La distribution estimée par action pour novembre est de 0,0800 $, avec 53,79 % provenant des revenus nets d'investissement et 46,21 % comme retour de capital. Pour l'exercice se terminant le 31 octobre 2024, la distribution cumulée par action est de 0,9600 $, avec 53,76 % provenant des revenus nets d'investissement et 46,24 % comme retour de capital.
Les actionnaires sont avertis de ne pas tirer de conclusions sur la performance d'investissement du fonds à partir de ces distributions. Le fonds peut retourner du capital, ce qui n'est pas imposable mais réduit la base imposable de l'actionnaire. Les sources réelles des distributions à des fins fiscales seront détaillées dans le formulaire 1099-DIV. Le rendement total annuel moyen pour les cinq ans se terminant le 31 octobre 2024 est de -0,26 %, avec un taux de distribution annualisé de 10,45 %.
BrandywineGLOBAL - Global Income Opportunities Fund (NYSE: BWG) gab die Quellen seiner Ausschüttungen für den 2. Dezember 2024 sowie für das laufende Fiskaljahr bekannt. Die geschätzte Ausschüttung pro Aktie für November beträgt $0.0800, wobei 53.79% aus Nettoeinkünften aus Investitionen stammen und 46.21% als Rückzahlung von Kapital. Für das am 31. Oktober 2024 endende Fiskaljahr beträgt die kumulierte Ausschüttung pro Aktie $0.9600, wobei 53.76% aus Nettoeinkünften aus Investitionen stammen und 46.24% als Rückzahlung von Kapital.
Aktionäre werden gewarnt, nicht aus diesen Ausschüttungen auf die Anlageperformance des Fonds zu schließen. Der Fonds kann Kapital zurückgeben, welches nicht besteuert wird, aber die Steuerbasis des Aktionärs verringert. Die tatsächlichen Ausschüttungsquellen für steuerliche Zwecke werden im Formular 1099-DIV detailliert aufgeführt. Die durchschnittliche jährliche Gesamtrendite für die fünf Jahre bis zum 31. Oktober 2024 beträgt -0.26% mit einem annualisierten Ausschüttungssatz von 10.45%.
- Annualized distribution rate of 10.45% as of October 31, 2024.
- Cumulative total return of 21.50% for the fiscal period through October 31, 2024.
- Average annual total return of -0.26% for the five-year period ended October 31, 2024.
- Significant portion of distributions (46.24% year-to-date) is a return of capital, not from net income or capital gains.
Insights
This distribution announcement reveals several key points for BWG investors. The fund's monthly distribution of
The fund's performance metrics are concerning, showing a negative
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 December 2, 2024, and for the fiscal year 2024 year-to-date are as follows:
Estimated Allocations for the November Monthly Distribution as of October 31, 2024:
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Cumulative Estimated Allocations fiscal year-to-date as of October 31, 2024, for the fiscal year ending October 31, 2024:
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Return of
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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.
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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 October 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 October 31, 2024.
- Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through October 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 October 31, 2024, as a percentage of the Fund’s NAV as of October 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/20241202694097/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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