Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) to Issue $0.08 Monthly Dividend

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Wednesday, August 5th. Investors of record on Friday, October 23rd will be given a dividend of 0.08 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date of this dividend is Friday, October 23rd.

Legg Mason BW Global Income Opportunities Fund Stock Up 0.0%

BWG stock opened at $7.78 on Thursday. The business has a fifty day moving average price of $7.87 and a 200 day moving average price of $8.03. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $7.46 and a fifty-two week high of $8.94.

Institutional Trading of Legg Mason BW Global Income Opportunities Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its position in Legg Mason BW Global Income Opportunities Fund by 607.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,691 shares of the company’s stock worth $31,000 after buying an additional 3,169 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in Legg Mason BW Global Income Opportunities Fund by 339.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,397 shares of the company’s stock valued at $37,000 after acquiring an additional 3,397 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund in the fourth quarter worth about $59,000. Integrity Advisory Solutions LLC bought a new position in Legg Mason BW Global Income Opportunities Fund in the 4th quarter worth approximately $92,000. Finally, Cerity Partners LLC acquired a new position in Legg Mason BW Global Income Opportunities Fund during the 2nd quarter worth $105,000.

About Legg Mason BW Global Income Opportunities Fund

Legg Mason BW Global Income Opportunities Fund (NYSE:BWG) is a diversified closed-end management investment company that seeks to provide current income and capital appreciation. The fund primarily invests in global fixed income securities, including non-investment grade bonds, emerging market debt and high-yield corporate obligations. It may also allocate to convertible securities, preferred stocks, dividend-paying equities and other income-producing assets to enhance overall yield.

The fund employs leverage to potentially increase its income-generating capacity and is designed to deliver monthly distributions to shareholders.