Legg Mason BW Global Income Opportunities Fund Inc. (BWG) To Go Ex-Dividend on August 24th

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) declared a monthly dividend on Thursday, May 14th. Shareholders of record on Monday, August 24th will be given a dividend of 0.08 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 12.4%. The ex-dividend date of this dividend is Monday, August 24th.

Legg Mason BW Global Income Opportunities Fund Stock Down 0.6%

BWG stock opened at $7.74 on Friday. The firm’s fifty day simple moving average is $7.84 and its 200-day simple moving average is $7.97. Legg Mason BW Global Income Opportunities Fund has a 12 month low of $7.46 and a 12 month high of $8.94.

Institutional Investors Weigh In On Legg Mason BW Global Income Opportunities Fund

Hedge funds have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. raised its stake in shares of 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 valued at $31,000 after buying an additional 3,169 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Legg Mason BW Global Income Opportunities Fund by 339.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,397 shares of the company’s stock worth $37,000 after buying an additional 3,397 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in Legg Mason BW Global Income Opportunities Fund during the fourth quarter worth about $59,000. Integrity Advisory Solutions LLC acquired a new stake in Legg Mason BW Global Income Opportunities Fund during the fourth quarter worth about $92,000. Finally, Cerity Partners LLC purchased a new position in Legg Mason BW Global Income Opportunities Fund during the second quarter valued at approximately $105,000.

Legg Mason BW Global Income Opportunities Fund Company Profile

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.