Franklin Templeton Fund Adviser, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy for the Months of March, April and May 2025
Franklin Templeton Fund Adviser has announced distribution schedules for certain closed-end funds for March, April, and May 2025. BrandywineGLOBAL - Global Income Opportunities Fund (BWG) will maintain its distribution at $0.08000 per share for all three months. The LMP Capital and Income Fund will distribute $0.12000 (increased by $0.00700), and Western Asset Emerging Markets Debt Fund will distribute $0.09000 (increased by $0.00250).
Distribution dates are set for April 1, May 1, and June 2, 2025, with corresponding record dates on March 24, April 23, and May 22. BWG's fiscal year-to-date distributions comprise 83.06% from income and 16.94% from return of capital. The managed distribution policy aims to maintain consistent distribution levels from income and capital gains, though distributions may include return of capital when necessary.
Franklin Templeton Fund Adviser ha annunciato i programmi di distribuzione per alcuni fondi chiusi per i mesi di marzo, aprile e maggio 2025. BrandywineGLOBAL - Global Income Opportunities Fund (BWG) manterrà la sua distribuzione a $0.08000 per azione per tutti e tre i mesi. Il LMP Capital and Income Fund distribuirà $0.12000 (aumentato di $0.00700), e il Western Asset Emerging Markets Debt Fund distribuirà $0.09000 (aumentato di $0.00250).
Le date di distribuzione sono fissate per il 1 aprile, 1 maggio e 2 giugno 2025, con le relative date di registrazione il 24 marzo, 23 aprile e 22 maggio. Le distribuzioni fino ad oggi per BWG comprendono 83.06% da reddito e 16.94% da ritorno di capitale. La politica di distribuzione gestita mira a mantenere livelli di distribuzione coerenti da reddito e guadagni di capitale, sebbene le distribuzioni possano includere il ritorno di capitale quando necessario.
Franklin Templeton Fund Adviser ha anunciado los programas de distribución para ciertos fondos cerrados para marzo, abril y mayo de 2025. BrandywineGLOBAL - Global Income Opportunities Fund (BWG) mantendrá su distribución en $0.08000 por acción durante los tres meses. El LMP Capital and Income Fund distribuirá $0.12000 (aumentado en $0.00700), y el Western Asset Emerging Markets Debt Fund distribuirá $0.09000 (aumentado en $0.00250).
Las fechas de distribución están establecidas para el 1 de abril, 1 de mayo y 2 de junio de 2025, con las correspondientes fechas de registro el 24 de marzo, 23 de abril y 22 de mayo. Las distribuciones acumuladas de BWG hasta la fecha comprenden 83.06% de ingresos y 16.94% de retorno de capital. La política de distribución gestionada tiene como objetivo mantener niveles de distribución consistentes de ingresos y ganancias de capital, aunque las distribuciones pueden incluir el retorno de capital cuando sea necesario.
프랭클린 템플턴 펀드 어드바이저는 2025년 3월, 4월 및 5월에 대한 특정 폐쇄형 펀드의 배분 일정에 대해 발표했습니다. 브랜디와인글로벌 - 글로벌 소득 기회 펀드 (BWG)는 세 달 동안 주당 $0.08000의 배분을 유지할 것입니다. LMP 자본 및 소득 펀드는 $0.12000(증가된 금액 $0.00700)을 배분하고, 웨스턴 자산 신흥 시장 채무 펀드는 $0.09000(증가된 금액 $0.00250)을 배분할 것입니다.
배분 날짜는 2025년 4월 1일, 5월 1일, 6월 2일로 설정되었으며, 해당 기록 날짜는 3월 24일, 4월 23일, 5월 22일입니다. BWG의 회계 연도 기준 배분은 83.06%는 소득에서와 16.94%는 자본 반환에서 차지합니다. 관리 배분 정책은 소득 및 자본 이득으로부터 일관된 배분 수준을 유지하는 것을 목표로 하지만, 필요할 경우 자본 반환을 포함할 수 있습니다.
Franklin Templeton Fund Adviser a annoncé les calendriers de distribution pour certains fonds fermés pour mars, avril et mai 2025. BrandywineGLOBAL - Global Income Opportunities Fund (BWG) maintiendra sa distribution à $0.08000 par action pour les trois mois. Le LMP Capital and Income Fund distribuera $0.12000 (augmentation de $0.00700), et le Western Asset Emerging Markets Debt Fund distribuera $0.09000 (augmentation de $0.00250).
Les dates de distribution sont fixées au 1er avril, 1er mai et 2 juin 2025, avec des dates d'enregistrement correspondantes le 24 mars, 23 avril et 22 mai. Les distributions de BWG depuis le début de l'année fiscale se composent de 83.06% de revenus et 16.94% de retour de capital. La politique de distribution gérée vise à maintenir des niveaux de distribution cohérents provenant des revenus et des gains en capital, bien que les distributions puissent inclure un retour de capital si nécessaire.
Franklin Templeton Fund Adviser hat die Verteilungspläne für bestimmte geschlossene Fonds für März, April und Mai 2025 angekündigt. BrandywineGLOBAL - Global Income Opportunities Fund (BWG) wird seine Verteilung bei $0.08000 pro Aktie für alle drei Monate beibehalten. Der LMP Capital and Income Fund wird $0.12000 (um $0.00700 erhöht) verteilen, und der Western Asset Emerging Markets Debt Fund wird $0.09000 (um $0.00250 erhöht) verteilen.
Die Verteilungstermine sind auf den 1. April, 1. Mai und 2. Juni 2025 festgelegt, mit den entsprechenden Stichtagen am 24. März, 23. April und 22. Mai. Die bis heute für BWG geleisteten Verteilungen bestehen aus 83.06% aus Einkommen und 16.94% aus Kapitalrückfluss. Die verwaltete Verteilungspolitik zielt darauf ab, konsistente Verteilungsniveaus aus Einkommen und Kapitalgewinnen aufrechtzuerhalten, obwohl die Verteilungen bei Bedarf Kapitalrückflüsse enthalten können.
- None.
- None.
The following dates apply to the distribution schedule below:
Month |
Record Date |
Ex-Dividend Date |
Payable Date |
March |
3/24/2025 |
3/24/2025 |
4/1/2025 |
April |
4/23/2025 |
4/23/2025 |
5/1/2025 |
May |
5/22/2025 |
5/22/2025 |
6/2/2025 |
Ticker |
Fund Name |
Month |
Amount |
Change from Previous Distribution |
BWG |
BrandywineGLOBAL - Global Income Opportunities |
March |
|
- |
Fund Inc. (a) |
April |
|
|
|
|
May |
|
|
|
SCD |
LMP Capital and Income Fund Inc.(a) |
March |
|
|
April |
|
|
||
May |
|
|
||
EMD |
Western Asset Emerging Markets Debt Fund Inc. (a) |
March |
|
|
April |
|
|
||
May |
|
|
||
(a) Please see table below for each Fund’s estimated source of distributions. |
||||
Under the terms of each Fund’s managed distribution policy, each Fund seeks to maintain a consistent distribution level derived from the income and capital gains generated from the Fund’s investment portfolio. To the extent that sufficient distributable income is not available on a monthly basis, each Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution rate. A return of capital may occur, for example, when some or all of the money that was invested in the Fund is paid back to shareholders. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”. Even though the Fund may realize current year capital gains, such gains may be offset, in whole or in part, by the Fund’s capital loss carryovers from prior years. The Board of Directors may modify, terminate or suspend the managed distribution policy at any time. Any such modification, termination or suspension could have an adverse effect on the market price of the Fund’s shares.
Based on the Funds’ tax accounting records, which also factor in currency fluctuations, each Fund’s estimated source of cumulative fiscal year-to-date distributions is presented in the table below:
Fund |
Fiscal Year End |
Income |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
|
BWG |
Oct 31 |
|
- |
- |
|
(a) |
SCD |
Nov 30 |
|
- |
- |
|
(a) |
EMD |
Dec 31 |
|
- |
- |
|
(a) |
| (a) Sources of cumulative fiscal year-to-date distributions are estimated through May 31, 2025. | ||||||
The updated estimated components of the distributions announced today will be provided to shareholders of record in a separate notice when the distributions are paid.
Shareholders should not draw any conclusions about each Fund’s investment performance from the amount of these distributions or from the terms of each Fund’s managed distribution policy. The amounts and sources of each Fund’s distributions to be reported will be estimates and will not be provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each 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.
Franklin Templeton Fund Adviser, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”).
For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request.
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.
The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.
INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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/20250219749617/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
What is BWG's distribution amount for March, April, and May 2025?
What is the source breakdown of BWG's distributions for the fiscal year-to-date?
When are BWG's distribution payment dates for March-May 2025?
Has BWG's distribution amount changed compared to previous distributions?
What are the record dates for BWG's distributions in March-May 2025?
