CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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LM BW Glbl Incm Opp Fd (BWG)

Taxable Bond Funds - Global Income Funds

Data as of April 28, 2017
Market Price $13.02 (+ $0.05)
NAV (April 28, 2017) $14.82 (+ $0.10)
Premium / Discount -12.15% (-0.26%)
Fund Info
Inception March 28, 2012
Sponsor Legg Mason Partners Fund Advisors
Website https://www.leggmason....
Phone 1-888-777-0102
Objective: Current income; global fixed income securities, sovereign debt, U.S. and non-U.S. corporate debt, mortgage backed securities and currency exposure
Related Indexes
Taxable Bond & BDC Index
Capital & Leverage
Outstanding Shares 20,989,795
Gross Assets $514M
Net Assets $311M
Market Cap $273M
Purchases Turnover 67.53%
Sales Turnover 77.79%
Total Leverage 33.23%
Structural Leverage (out of total) 33.23%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.76%
Non Lev Exp Ratio 1.72%
Rel Lev Cost 1.92%
Discount Data
Average Discount (3 Yr) -14.33%
Discount Low(3 Yr) -20.03%
Discount High(3 Yr) -10.10%
Discount Rel Range 79.37%
Comp Discount -7.52
Discount St Dev (1Yr) 0.95
Z-Stat (6mo) 2.18
Z-Stat (1Yr) 2.09
Z-Stat (3Yr) 1.18
Comp Z-Stat (6mo) 1.06
Comp Z-Stat (3Yr) -0.14
Distribution Data
Market Yield 8.29%
Income Yield 0.32%
Lev Adj NAV Yield 5.47%
Distribution Frequency M
Current Distribution $0.090
Current Income $0.003
Ex-Date 5/17/17
Payable Date 6/1/17
Div Growth (3yr) -25.00%
Dividend Change -18.2% on 5/17/16
Expected Div 5/15/17
RoC (1yr) 90.44%
RoC (3yr) 22.13%
Volume & Liquidity
Average Daily $ (M) $1,276
Avg Volume 30 day 69,422
Avg Volume 90 day 98,019
Volume Trend -29.17%
Comp Volume Trend -27.20%
Correlation & Volatility
Correlation (30 d) 42.2%
Correlation (90 d) 91.3%
Correlation (1 Yr) 97.6%
Price St Dev (1Yr) 13.3%
NAV St Dev (1Yr) 12.8%
Earnings / Share (1/31/17) $0.083
Earn Coverage 92.56%
Earnings Trend Up
UNII / Share (1/31/17) $-0.030
Rel UNII -70.95
UNII Trend Down
Bond Specific Data
Maturity 15.48
Duration 15.30
Credit Rating (rbo) BBB
Investment Grade 60.80%
Non Investment Grade 36.60%
Unrated Bonds 2.60%
NAV Beta (2yr)
vs. iShares 20+ Year Treasury Bond


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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