BrandywineGLOBAL – Global Inc Opp Fund:BWG

    Manage Alerts

    Overview

    As of 8/12/2022

     Share
    Price
    NAVPremium/
    Discount
    Current$9.36$10.22-8.41%
    52 Wk Avg$10.72$11.82-9.57%
    52 Wk High$13.09$13.74-4.52%
    52 Wk Low$8.15$9.37-15.58%
    Regular Distribution TypeManaged Distribution
    Distribution Rate11.69%
    Distribution Amount$0.0900
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment seeks to provide current income. As a secondary investment objective, the fund will seek capital appreciation. The fund normally invests at least 80% of net assets in global fixed-income securities. Its investments in global fixed-income securities include, but are not limited to the sovereign debt of developed and emerging market countries, U.S. and non-U.S. corporate debt, mortgage- and asset-backed securities and currency exposure through the use of futures, forwards and other derivative instruments, for hedging and investment purposes.

    Capital Structure

    As of 8/12/2022

    Total Investment Exposure:$291.130M
    Total Common Assets:$171.613M
    Common Shares Outstanding:16,791,836
    Leverage

    As of 8/12/2022

    Preferred Share Assets: $49.518M
    Total Debt (USD): $70.000M
    Regulatory Leverage (USD): $119.518M
    Effective Leverage (USD): $119.518M
    Effective Leverage (%): 41.05%
    Annual Expense Ratios

    As of 10/31/2021

      Per Common Share
    Management Fees1.30%
    Other Expenses:1.16%
    Baseline Expense: N/A
    Interest Expense:0.21%
    Total: 2.66%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Anujeet S. Sareen, Jack P. McIntyre, Brian L. Kloss, Tracy Chen, David F. Hoffman

    Basics
    Category: Fixed Income - Taxable-Global Income
    Ticker: BWG
    NAV Ticker: XBWGX
    Average Daily Volume (shares): 59,144
    Average Daily Volume (USD): $0.632M
    Inception Date: 3/28/2012
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 8/12/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2022
    $0.4062
    Annualized Distribution Rate on NAV:
    As of 8/12/2022
    10.58%
    Total Return on NAV (12 months):
    As of 8/12/2022
    -21.13%
    Avg. Portfolio Coupon:
    As of 8/12/2022
    6.48%
    Total % Portfolio Effectively Leveraged:
    As of 8/12/2022
    41.05%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 8/12/2022

    PeriodAvg Discount
    6 Month-11.61%
    1 Year-9.57%
    3 Year-11.62%
    5 Year-12.75%
    Z-Score

    As of 8/12/2022

    PeriodZStat
    3 Month1.41
    6 Month1.75
    1 Year0.45
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 7/31/2022
    Category: Morningstar US CEF Global Income

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-19.31%-18.42%-16.07%-13.60%
    20211.35%-5.99%4.27%-0.53%
    20206.32%7.77%3.54%4.23%
    201930.58%21.94%23.53%14.13%
    2018-12.14%-9.49%-6.53%-3.97%
    201717.15%14.96%12.78%10.09%
    201612.99%10.02%24.08%17.91%
    2015-20.76%-19.40%1.49%0.68%
    20147.92%9.46%4.04%3.59%
    2013-8.36%-6.28%-8.44%-1.76%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 7/31/2022
    Category: Morningstar US CEF Global Income

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 8/12/2022
    6.48%
    Number of Holdings:
    As of 6/30/2022
    164
    Annual Portfolio Turnover:
    As of 10/31/2021
    49.00%
    Asset Allocation

    As of 6/30/2022

    Top Sectors

    As of 6/30/2022

    Sector%Portfolio
    Corporate (Super Sector)44.44%
    Corporate Bond43.18%
    Government (Super Sector)33.35%
    Government32.38%
    Securitized (Super Sector)15.79%
    Agency Mortgage Backed10.65%
    Cash Equivalents (Super Sector)5.80%
    Cash Equivalents5.80%
    Government Commercial Mortgage Backed2.77%
    Asset Backed2.37%
    Top Holdings

    As of 6/30/2022

    HoldingValue% Portfolio
    India (Republic of) 8.17%$17.36M6.28%
    Secretaria Tesouro Nacional 10%$13.54M4.90%
    Secretaria Tesouro Nacional 10%$13.54M4.90%
    Mexico (United Mexican States) 7.75%$8.79M3.18%
    Bank of America Corporation 7.75%$7.83M2.83%
    Goldman Sachs Group, Inc. 6.75%$7.76M2.81%
    Nissan Motor Co Ltd 4.345%$7.63M2.76%
    Ministerio de Hacienda y Credito Publico 7.25%$6.43M2.33%
    Indonesia (Republic of) 9%$5.87M2.12%
    Indonesia (Republic of) 8.75%$5.25M1.90%
    Credit Quality

    As of 6/30/2022

    Maturity Breakdown

    As of 6/30/2022

    Country Allocation

    As of 6/30/2022

    Country% Portfolio
    United States - Fixed Income43.67%
    Brazil - Fixed Income9.80%
    Mexico - Fixed Income8.30%
    India - Fixed Income6.28%
    Indonesia - Fixed Income5.83%
    Spain - Fixed Income3.04%
    Japan - Fixed Income2.76%
    Colombia - Fixed Income2.70%
    Others - Fixed Income2.38%
    South Africa - Fixed Income1.83%
    Israel - Fixed Income1.54%
    United Kingdom - Fixed Income1.36%
    Canada - Fixed Income1.23%
    France - Fixed Income0.73%
    Chile - Fixed Income0.49%
    Ireland - Fixed Income0.37%
    Netherlands - Fixed Income0.10%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X