CEF Advisors

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BrandywineGLOBAL – Global Income Opportunities Fund (BWG)

Taxable Bond Funds - Global Income Funds

Data as of Oct. 17, 2019
Market Price $12.18 (- $0.06)
NAV (Oct. 17, 2019) $14.27 (- $0.04)
Premium / Discount -14.65% (-0.18%)
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
Investment Grade Bond Index
International Bond Index
Capital & Leverage
Outstanding Shares 20,989,795
Total Assets (Reported: April 30, 2019) $434M
Estimated Total Assets $451M
Net Assets $300M
Market Cap $256M
Purchases Turnover 77.78%
Sales Turnover 78.17%
Total Leverage 33.57%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.24%
Non Lev Exp Ratio 1.35%
Rel Lev Cost 3.57%
Discount Data
Average Discount (3 Yr) -14.18%
Discount Low(3 Yr) -18.47%
Discount High(3 Yr) -10.46%
Discount Rel Range 47.77%
Comp Discount -11.42
Discount St Dev (1Yr) 0.88
Z-Stat (6mo) 1.21
Z-Stat (1Yr) 1.10
Z-Stat (3Yr) -0.32
Comp Z-Stat (6mo) 0.20
Comp Z-Stat (3Yr) -1.10
Distribution Data
Market Yield 6.40%
Income Yield 6.40%
Lev Adj NAV Yield 4.09%
Distribution Frequency M
Current Distribution $0.065
Current Income $0.050
Ex-Date 10/17/19
Payable Date 11/1/19
Div Growth (3yr) -27.78%
Dividend Change 5.7% on 8/20/19
Expected Div 11/11/19
RoC (1yr) 10.71%
RoC (3yr) 61.77%
Tax Dividend Data 2018 2016 - 2018
Income 33.8% 39.9%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 66.2% 60.1%
Volume & Liquidity
Average Daily $ (M) $829
Avg Volume 30 day 77,040
Avg Volume 90 day 68,070
Volume Trend 13.18%
Comp Volume Trend 11.38%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): MCR 60.0%
NAV - Price Correlation (30 d) 82.6%
NAV - Price Correlation (90 d) 72.5%
NAV - Price Correlation (1 Yr) 98.6%
Price St Dev (1Yr) 7.7%
NAV St Dev (1Yr) 4.9%
Earnings / Share (7/31/19) $0.071
Earn Coverage 108.46%
Earnings Trend Up
UNII / Share (7/31/19) $-0.113
Rel UNII -18.77
UNII Trend Up
Bond Specific Data
Maturity 12.65
Duration 11.10
Credit Rating (rbo) BBB
Investment Grade 52.30%
Non Investment Grade 46.40%
Unrated Bonds 1.30%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index


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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.

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