Legg Mason BW Global Income Opportunities Fund Inc. Announces Name Change
December 4, 2017
NEW YORK--(BUSINESS WIRE)-- Legg Mason BW Global Income Opportunities Fund Inc. (the “Fund”) (NYSE:BWG) announced today that the Board of Directors of the Fund has approved a change to the Fund’s name. Effective December 29, 2017, the Fund’s name will be changed to BrandywineGLOBAL – Global Income Opportunities Fund Inc. The Fund’s shares of common stock will continue to trade under its existing New York Stock Exchange symbol “BWG”; however its CUSIP has changed from 52469B100 to 10537L104. The name change will not have any impact on the Fund’s investment objectives or strategies.
The Fund’s primary investment objective is to provide current income. As a secondary investment objective, the Fund seeks capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its assets in global fixed-income securities.
The Fund is a non-diversified closed-end investment management company. Legg Mason Partners Fund Advisor, LLC (“LMPFA”) is the Fund’s investment manager and Brandywine Global Investment Management, LLC (“Brandywine Global”) is the Fund’s subadviser. LMPFA and Brandywine Global are wholly owned subsidiaries of Legg Mason, Inc. (“Legg Mason”). Legg Mason is a global asset management firm with approximately $754 billion in assets under management as of September 30, 2017.
An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Any data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund. For more information, please call Investor Relations: 888-777-0102, or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.