Advisors Asset Management Inc. Purchases 201,810 Shares of Legg Mason BW Global Income Opportunities Fund Inc. $BWG

Advisors Asset Management Inc. lifted its stake in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 194.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 305,560 shares of the company’s stock after acquiring an additional 201,810 shares during the period. Advisors Asset Management Inc.’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $2,652,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Royal Bank of Canada boosted its position in Legg Mason BW Global Income Opportunities Fund by 7.0% in the first quarter. Royal Bank of Canada now owns 87,667 shares of the company’s stock worth $732,000 after purchasing an additional 5,728 shares during the last quarter. Apollon Wealth Management LLC raised its stake in shares of Legg Mason BW Global Income Opportunities Fund by 4.6% during the second quarter. Apollon Wealth Management LLC now owns 27,925 shares of the company’s stock worth $232,000 after acquiring an additional 1,220 shares in the last quarter. Stephens Inc. AR increased its stake in Legg Mason BW Global Income Opportunities Fund by 3.7% in the 2nd quarter. Stephens Inc. AR now owns 150,632 shares of the company’s stock worth $1,252,000 after purchasing an additional 5,310 shares during the period. Wolverine Asset Management LLC purchased a new stake in Legg Mason BW Global Income Opportunities Fund in the 2nd quarter worth approximately $399,000. Finally, Shaker Financial Services LLC boosted its position in Legg Mason BW Global Income Opportunities Fund by 53.7% during the 2nd quarter. Shaker Financial Services LLC now owns 382,468 shares of the company’s stock valued at $3,209,000 after acquiring an additional 133,608 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of BWG opened at $8.59 on Friday. Legg Mason BW Global Income Opportunities Fund Inc. has a 52 week low of $7.46 and a 52 week high of $8.94. The business’s 50 day moving average price is $8.49 and its 200-day moving average price is $8.54.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 11.2%.

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.