Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Declares Monthly Dividend of $0.08

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) declared a monthly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.08 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date is Tuesday, June 23rd.

Legg Mason BW Global Income Opportunities Fund Stock Up 0.1%

Shares of NYSE:BWG traded up $0.01 during midday trading on Thursday, reaching $7.98. The company’s stock had a trading volume of 28,830 shares, compared to its average volume of 96,988. The firm has a 50 day moving average price of $7.93 and a two-hundred day moving average price of $8.27. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $7.46 and a fifty-two week high of $8.94.

Institutional Trading of Legg Mason BW Global Income Opportunities Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Stephens Inc. AR grew its holdings in Legg Mason BW Global Income Opportunities Fund by 17.2% during the first quarter. Stephens Inc. AR now owns 158,528 shares of the company’s stock valued at $1,216,000 after purchasing an additional 23,217 shares during the period. Rareview Capital LLC boosted its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 104.6% in the first quarter. Rareview Capital LLC now owns 114,312 shares of the company’s stock worth $950,000 after acquiring an additional 58,436 shares during the period. Private Advisor Group LLC boosted its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 15.5% in the first quarter. Private Advisor Group LLC now owns 167,744 shares of the company’s stock worth $1,287,000 after acquiring an additional 22,493 shares during the period. Flax Pond Capital LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund in the fourth quarter worth $151,000. Finally, Invesco Ltd. boosted its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 5.6% in the fourth quarter. Invesco Ltd. now owns 186,471 shares of the company’s stock worth $1,561,000 after acquiring an additional 9,840 shares during the period.

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.