Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG – Get Free Report) announced a monthly dividend on Thursday, May 14th. Investors of record on Friday, July 24th will be given a dividend of 0.08 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 12.0%. The ex-dividend date is Friday, July 24th.
Legg Mason BW Global Income Opportunities Fund Price Performance
NYSE:BWG opened at $7.98 on Friday. Legg Mason BW Global Income Opportunities Fund has a 12-month low of $7.46 and a 12-month high of $8.94. The firm has a 50-day moving average price of $7.93 and a 200 day moving average price of $8.26.
Institutional Trading of Legg Mason BW Global Income Opportunities Fund
Several institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. grew its position in Legg Mason BW Global Income Opportunities Fund by 607.1% in the second quarter. Geneos Wealth Management Inc. now owns 3,691 shares of the company’s stock valued at $31,000 after acquiring an additional 3,169 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 339.7% during the fourth 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 during the period. Global Retirement Partners LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at $59,000. Integrity Advisory Solutions LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at $92,000. Finally, Cerity Partners LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 2nd quarter valued at $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.
Recommended Stories
- Five stocks we like better than Legg Mason BW Global Income Opportunities Fund
- Be Ready: 3 Upcoming Catalysts Could Drive Oracle to Record Highs
- 2 Ways to Play the Big Pharma Patent Cliff
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
Receive News & Ratings for Legg Mason BW Global Income Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Legg Mason BW Global Income Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.
