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

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) announced a monthly dividend on Thursday, May 14th. Investors of record on Friday, July 24th will be paid a dividend of 0.08 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Friday, July 24th.

Legg Mason BW Global Income Opportunities Fund Price Performance

BWG opened at $7.88 on Friday. The business has a 50 day simple moving average of $7.92 and a 200-day simple moving average of $8.26. Legg Mason BW Global Income Opportunities Fund has a 12 month low of $7.46 and a 12 month high of $8.94.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Van Diest Capital LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the first quarter worth about $129,000. Stephens Inc. AR lifted its stake in shares of Legg Mason BW Global Income Opportunities Fund by 17.2% during the first quarter. Stephens Inc. AR now owns 158,528 shares of the company’s stock worth $1,216,000 after purchasing an additional 23,217 shares in the last quarter. Rareview Capital LLC lifted its stake in shares of Legg Mason BW Global Income Opportunities Fund by 104.6% during the first quarter. Rareview Capital LLC now owns 114,312 shares of the company’s stock worth $950,000 after purchasing an additional 58,436 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Legg Mason BW Global Income Opportunities Fund by 15.5% during the first quarter. Private Advisor Group LLC now owns 167,744 shares of the company’s stock worth $1,287,000 after purchasing an additional 22,493 shares in the last quarter. Finally, Flax Pond Capital LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the fourth quarter worth about $151,000.

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.