Legg Mason BW Global Income Opportunities Fund : Section 19 Notice - EMD and BWG (9/1/21)
September 01, 2021 at 01:42 am EDT
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Important Information Regarding Your Fund's Distribution
Western Asset Emerging Markets Debt Fund Inc. (EMD: CUSIP: 95766A101)
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG: CUSIP: 10537L104)
September 1, 2021:
The following table provides estimates of the source of the Funds' distributions. These estimates are based on the Funds' fiscal year-to-date activity. The first section of the table (Section I) provides an estimate of the source of the Funds' current distributions. The second section of the table (Section II) provides information on the cumulative distributions for the Funds' current fiscal year. The information is being provided pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, and should not be used for tax reporting purposes. In early 2022, after definitive information is available, the Funds will send shareholders a Form 1099-DIV specifying how the distributions paid by the Funds during calendar year 2021 have been characterized for purposes of reporting the distributions on shareholders' tax returns.
Section I: August 2021 Distribution
Net
Short-
Long-
Return of
Per Share
Investment
Term
Term
Fund
Distribution
Income
Gains (1)
Gains (1)
Capital (2)
EMD
$0.0900
$0.0539
$
-
$
-
$
0.0361
BWG
$0.0800
$0.0382
$
-
$
-
$
0.0418
Section II: Fiscal Year-to-Date Distributions
Fiscal
Fiscal
Net
Short-
Long-
Return of
Year
Year-to-Date Investment
Term
Term
End
Distributions
Income
Gains (1)
Gains (1)
Capital (2)
Dec 31
$ 0.7200
$ 0.4313
$
-
$
-
$
0.2887
Oct 31
$ 0.7750
$ 0.6408
$
-
$
-
$
0.1342
May represent current period realized capital gains, which are subject to change based on the Fund's investment activity through its fiscal year end. Should the Fund's capital gains position change, the fiscal year-to-date amounts will be updated to reflect those changes.
This amount may represent a return of the shareholders' principal, unrealized capital gains that may be recognized prior to the Fund's fiscal year-end, or some combination thereof. Should the Fund's capital gains position change, the fiscal year-to-date amounts will be updated to reflect those changes.
This Fund has a managed distribution policy that seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof. Shareholders should note, however, that if a Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. A return of capital is not taxable; rather it reduces a shareholder's tax basis in his or her shares of the Fund. The Board of Directors of the Fund may terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
620 Eighth Avenue, New York, NY 10018 Tel. 1-888-777-0102 www.lmcef.com
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BrandywineGLOBAL - Global Income Opportunities Fund Inc. published this content on 01 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2021 05:41:06 UTC.
BrandywineGLOBAL - Global Income Opportunities Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The primary investment objective of the Fund is to provide current income. As a secondary investment objective, the Fund seeks capital appreciation. The Fund is focused on achieving its investment objectives by investing, approximately 80% of its assets in global fixed income securities. The Fund invests across various sectors, including sovereign bonds, financials, collateralized mortgage obligations, information technology, healthcare, automobiles, hotels, restaurants and leisure, industrials, utilities, materials, real estate, telecommunication services, and energy. The Fund invests in locations, such as the United States, Brazil, Mexico, Spain, Japan, Bermuda, China, South Africa, France, Zambia, Chile, Panama and the United Kingdom. The Fund's investment manager is Legg Mason Partners Fund Advisor, LLC (LMPFA).