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Legg Mason BW Global Income Opportunities Fund Inc. Portfolio Composition as of June 30, 2018

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Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)
announces its portfolio composition as of June 30, 2018.

Investment Objective: To provide current income. As a secondary
investment objective, the Fund will seek capital appreciation.

Investment Strategy: 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. These may include, but are
not limited to, sovereign debt of developed and emerging market
countries, U.S. and non-U.S. corporate debt, mortgage-backed securities
and currency exposure. The Fund may manage its currency exposure through
the use of futures, forwards and other derivative instruments, for
hedging and investment purposes.

   
Portfolio Composition*:
 

Asset Allocation

Government 51.5%
Non-US 35.9%
US 15.6%
Global High Yield Corporate Bonds 17.0%
US 17.0%
Global Investment Grade Corporate Bonds 11.6%
US 11.6%
Mortgage-Backed Securities 14.2%
Agency MBS 2.4%
CMBS 2.2%
Prime 9.2%
Non Prime 0.4%
Bank Loan 0.2%
Cash & Other Securities 5.5%
 
   

Credit Quality Allocation**

AAA 23.8%
A 14.2%
BBB 22.4%
BB 25.1%
B 11.5%
CCC 1.1%
CC 1.1%
D 0.1%
Not Rated 0.7%
 
   

Top Five Countries

United States 55.8%
Brazil 12.9%
European Union -7.7%
Mexico 7.6%
Indonesia 6.9%
 
 

Currency of Issue

US Dollar 56.9%
Brazilian Real 9.5%
Mexican Peso 7.6%
Indonesian Rupiah 6.9%
Euro 6.2%
Indian Rupee 4.7%
South African Rand 3.7%
Egyptian Pound 2.6%
New Turkish Lira 1.4%
British Pound Sterling 0.5%
 
   

Currency Exposure (includes currency
hedging and investments)

US Dollar 58.7%
Brazilian Real 11.5%
Mexican Peso 7.6%
Indonesian Rupiah 6.9%
Japanese Yen 5.0%
Indian Rupee 4.7%
South African Rand 3.7%
Egyptian Pound 2.6%
Euro -1.5%
New Turkish Lira 1.4%
British Pound Sterling -0.5%
 
Effective Duration (years) 9.6
Average Coupon (%) 5.7
 
Portfolio Statistics:
 
Inception Date March 28, 2012
Inception Price $20.00
Total Assets *** $428,553,547
Net Assets $278,553,547
Loans**** 23.33%
Preferred Shares**** 11.67%
Reverse Repos**** 0.00%
 
Market Price $11.39
NAV $13.27

(Daily NAV is available on market quotation systems using the
symbol XBWGX.)

 
   

Distribution Rate

$0.0765 per share

Frequency

Monthly (Declared quarterly, paid monthly)*****
 

* Portfolio holdings and weightings are historical and are presented
here for informational purposes only. They are subject to change at any
time. Negative allocations and allocations in excess of 100%, if any,
are primarily due to the Fund's unsettled trade activity.

** Credit quality is a measure of a bond issuer's ability to repay
interest and principal in a timely manner. The credit ratings shown are
based on each portfolio security's rating as provided by Standard and
Poor's, Moody's Investors Service and/or Fitch Ratings, Ltd. and
typically range from AAA (highest) to D (lowest), or an equivalent
and/or similar rating. For this purpose, Brandywine Global Investment
Management assigns each security the middle rating from these three
agencies. When only two agencies provide ratings, the lower of the two
ratings will be assigned. When only one agency assigns a rating, that
rating will be used. All securities have ratings from at least one
agency. The credit quality of the investments in the Fund's portfolio
does not apply to the stability or safety of the Fund. These ratings are
updated monthly and may change over time. Please note, the Fund
itself has not been rated by an independent rating agency.

*** The difference between total assets and net assets, if any, is due
primarily to the Fund's use of borrowings; net assets do not include
borrowings. The Fund may employ leverage in the form of loans, preferred
stock, reverse repurchase agreements and/or other instruments. When the
Fund engages in transactions that have a leveraging effect on the Fund's
portfolio, the value of the Fund will be more volatile and all other
risks will tend to be compounded.

**** Percentages based on total assets.

***** Under the terms of the Fund's managed distribution policy, the
Fund will seek to maintain a consistent distribution level derived from
the income generated from the Fund's fixed income investments.
Shareholders should note that if the Fund's aggregate net investment
income and net realized capital gains are less than the amount of the
distributions paid, the difference will be distributed from the Fund's
assets and may constitute a return of the shareholder's capital. The
Board of Directors may terminate the managed distribution policy at any
time. Any such termination could have an adverse effect on the market
price of the Fund's shares.

Legg Mason BW Global Income Opportunities Fund Inc., a non-diversified
closed-end investment management company traded on the New York Stock
Exchange under the symbol "BWG". The Fund is advised by Legg Mason
Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason,
Inc., and is sub-advised by Brandywine Global, Investment Management,
LLC, an affiliate of the advisor.

An investment in the Fund involves risk, including loss of principal.
Investment return and the value of shares will fluctuate. Fixed income
securities are subject to various risks, including but not limited to,
credit, inflation, income, prepayment and interest rates risks. As
interest rates rise, the value of fixed income securities falls. High
yield ("junk bonds") are subject to additional credit risk and a greater
risk of default. International investments are subject to additional
risks due to currency fluctuations, changes in interest rates and other
factors. These risks are greater for emerging markets securities. The
Fund's investments in mortgage-backed securities involve additional
risks.

The Fund may invest in foreign currencies or currency derivatives which
may increase the risk and volatility of the Fund. The Fund may invest in
illiquid securities and securities/investments that have a leveraging
effect on the portfolio which will increase the risks of the Fund. The
Fund may make significant investments in derivative instruments.

Derivative instruments can be illiquid, may disproportionately increase
losses and have a potentially large impact on Fund performance.
Distributions are not guaranteed and are subject to change.

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 Fund Investor Services at
1-888-777-0102, or consult the Fund's web site at http://www.lmcef.com.
Hard copies of the Fund's complete audited financial statements are
available free of charge upon request.

FN1212204

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