BrandywineGLOBAL – Global Inc Opp Fund:BWG

    Manage Alerts

    Overview

    As of 6/7/2023. NAV as of 6/6/2023.

     Share
    Price    		NAVPremium/
    Discount
    Current$7.84$9.27-16.18%
    52 Wk Avg$8.25$9.36-11.95%
    52 Wk High$9.46$10.34-7.06%
    52 Wk Low$7.43$8.75-16.81%
    Regular Distribution Type†Managed Distribution
    Distribution RateN/A
    Distribution Amount 
    Distribution Frequency 
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to provide current income. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its assets in global fixed income securities. The fund normally invests at least 80% of net assets in global fixed-income securities.

    Capital Structure

    As of 6/7/2023

    Total Investment Exposure:$266.248M
    Total Common Assets:$155.660M
    Common Shares Outstanding:16,791,836
    Leverage

    As of 6/6/2023

    Preferred Share Assets: $49.588M
    Total Debt (USD): $61.000M
    Regulatory Leverage (USD): $110.588M
    Effective Leverage (USD): $110.588M
    Effective Leverage (%): 41.54%
    Annual Expense Ratios

    As of 10/31/2022

      Per Common Share
    Management Fees1.40%
    Other Expenses:1.22%
    Baseline Expense: N/A
    Interest Expense:0.65%
    Total: 3.27%
    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): 57,463
    Average Daily Volume (USD): $0.475M
    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

    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.

    to
    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†
    ERROR: No data

    Pricing Information

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

    As of 6/7/2023

    PeriodAvg Discount
    6 Month-12.82%
    1 Year-11.95%
    3 Year-11.35%
    5 Year-12.58%
    Z-Score

    As of 6/7/2023

    PeriodZStat
    3 Month-0.55
    6 Month-1.08
    1 Year-1.52
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2023
    Category: Morningstar US CEF Global Income

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-1.75%3.39%4.06%2.32%
    2022-21.53%-20.69%-19.03%-15.12%
    20210.74%-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 5/31/2023
    Category: Morningstar US CEF Global Income

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/6/2023    		6.80%
    Number of Holdings:
    As of 4/30/2023    		169
    Annual Portfolio Turnover:
    As of 10/31/2022    		32.00%
    Asset Allocation

    As of 4/30/2023

    Top Sectors

    As of 4/30/2023

    Sector%Portfolio
    Corporate (Super Sector)52.68%
    Corporate Bond51.04%
    Government (Super Sector)31.30%
    Government29.38%
    Securitized (Super Sector)13.48%
    Agency Mortgage Backed6.60%
    Non Agency Residential Mortgage Backed2.93%
    Cash Equivalents (Super Sector)2.64%
    Cash Equivalents2.64%
    Asset Backed2.21%
    Top Holdings

    As of 4/30/2023

    HoldingValue% Portfolio
    South Africa (Republic of) 8.75%$14.41M5.43%
    Ministerio de Hacienda y Credito Publico 7.25%$12.94M4.87%
    Secretaria Tesouro Nacional 10%$12.71M4.79%
    Secretaria Tesouro Nacional 10%$12.71M4.79%
    Mexico (United Mexican States) 8%$8.43M3.18%
    Bank of America Corporation 7.75%$7.71M2.90%
    Goldman Sachs Group, Inc. 6.75%$7.67M2.89%
    Mexico (United Mexican States) 8%$8.43M3.18%
    Colombia (Republic of) 7%$7.14M2.69%
    Mexico (United Mexican States) 7.75%$4.57M1.72%
    Credit Quality

    As of 4/30/2023

    Maturity Breakdown

    As of 4/30/2023

    Country Allocation

    As of 4/30/2023

    Country% Portfolio
    United States - Fixed Income45.91%
    Mexico - Fixed Income9.89%
    Brazil - Fixed Income8.97%
    Colombia - Fixed Income8.69%
    South Africa - Fixed Income5.43%
    Spain - Fixed Income2.93%
    Canada - Fixed Income2.52%
    China - Fixed Income1.97%
    Ireland - Fixed Income1.96%
    Others - Fixed Income1.88%
    United Kingdom - Fixed Income1.79%
    Israel - Fixed Income1.77%
    Singapore - Fixed Income0.86%
    France - Fixed Income0.73%
    Japan - Fixed Income0.52%

    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

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