| Indicators | Browse All

Legg Mason BW Global Income Opportunities Fund Inc. (BWG)

Financial Services | Asset Management | New York, United States | NYSE
7.89 USD -0.05 (-0.630%) ⇩ (July 13, 2026, 4 p.m. EDT)
Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | July 11, 2026, 3:06 a.m. EDT

The immediate outlook is bearish due to a confluence of deteriorating price momentum and a precarious capital structure. The asset has failed to recover from a catastrophic -34% drop in 2022, trading significantly below its 200-day average and showing a trailing run of negative annual returns that suggests structural weakness rather than a temporary dip. While the headline yield of 12.2% appears attractive, the payout ratio exceeding 100% indicates the fund is distributing more than its earnings, likely returning capital to shareholders rather than generating sustainable income; this is a classic value trap where the yield masks insolvency. The heavy leverage noted in recent commentary further amplifies downside risk, making this a poor candidate for both short-term speculation and long-term holding.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.026594
AutoETS0.028378
AutoARIMA0.028936
MSTL_1260.044605
MSTL0.047512

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 50%
H-stat 3.07
Ljung-Box p 0.000
Jarque-Bera p 0.003
Excess Kurtosis 0.89
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-23
Last Dividend Date 2026-06-22
Market Cap 132,487,584
Trailing P/E 8.97
Website https://www.leggmason.com/en-us/products/closed-end-funds/legg-mason-bw-global-income-opportunities-fund-inc.html

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.02% 11.65% 11.69% 11.48%
Dividend History
Date Dividend Yield %
2026-06-23 0.080 1.015228
2026-05-21 0.080 1.026958
2026-04-23 0.080 0.995025
2026-03-24 0.080 1.049869
2026-02-20 0.080 0.954654
2026-01-23 0.080 0.944510
2025-12-23 0.080 0.946746
2025-11-20 0.080 0.979192
2025-10-24 0.080 0.925926
2025-09-23 0.080 0.909091
2025-08-22 0.080 0.938967
2025-07-24 0.080 0.968523
2025-06-23 0.080 0.985222
2025-05-22 0.080 0.997506
2025-04-23 0.080 1.021711
2025-03-24 0.080 0.950119
2025-02-21 0.080 0.948992
2025-01-24 0.080 0.966184
2024-12-23 0.080 0.981595
2024-11-21 0.080 0.959233
2024-10-24 0.080 0.935672
2024-09-23 0.080 0.904977
2024-08-23 0.080 0.923788
2024-07-24 0.080 0.944510
2024-06-21 0.080 0.953516
2024-05-22 0.080 0.941176
2024-04-22 0.080 1.002506
2024-03-20 0.080 0.941176
2024-02-21 0.080 0.967352
2024-01-23 0.080 0.958084
2023-12-20 0.080 0.967352
2023-11-21 0.080 1.026958
2023-10-23 0.080 1.137980
2023-09-21 0.080 1.029601
2023-08-23 0.080 1.000000
2023-07-21 0.080 0.968523
2023-06-22 0.080 1.000000
2023-05-22 0.080 1.056803
2023-04-20 0.080 1.016518
2023-03-23 0.080 1.029601
2023-02-17 0.090 1.072706
2023-01-23 0.090 1.075269
2022-12-21 0.090 1.107011
2022-11-21 0.090 1.108374
2022-10-21 0.090 1.176471
2022-09-22 0.090 1.100244
2022-08-23 0.090 0.989011
2022-07-21 0.090 1.034483
2022-06-22 0.090 1.042874
2022-05-20 0.090 1.034483
2022-04-21 0.090 0.927835
2022-03-23 0.090 0.900901
2022-02-17 0.090 0.834106
2022-01-21 0.090 0.804290
2021-12-22 0.090 0.771870
2021-11-19 0.080 0.654664
2021-10-21 0.080 0.656276
2021-09-22 0.080 0.642570
2021-08-23 0.080 0.639488
2021-07-22 0.080 0.640000
2021-06-22 0.080 0.633413
2021-05-20 0.080 0.653595
2021-04-22 0.080 0.659522
2021-03-23 0.080 0.662800
2021-02-18 0.075 0.594766
2021-01-21 0.075 0.607287
2020-12-30 0.075 0.603865
2020-12-22 0.075 0.610749
2020-11-19 0.070 0.596252
2020-10-22 0.070 0.618921
2020-09-22 0.070 0.571895
2020-08-21 0.070 0.562701
2020-07-23 0.070 0.561798
2020-06-22 0.070 0.600343
2020-05-20 0.070 0.623330
2020-04-22 0.070 0.635786
2020-03-23 0.070 0.760870
2020-02-20 0.070 0.516987
2019-12-30 0.070 0.556439
2019-12-19 0.070 0.563154
2019-11-21 0.065 0.530612
2019-10-17 0.065 0.533662
2019-09-19 0.065 0.547138
2019-08-22 0.062 0.518395
2019-07-18 0.062 0.523649
2019-06-20 0.062 0.534022
2019-05-23 0.062 0.559567
2019-04-17 0.062 0.561086
2019-03-21 0.062 0.560072
2019-02-14 0.062 0.563636
2019-01-17 0.062 0.568286
2018-12-20 0.062 0.601358
2018-11-21 0.077 0.749757
2018-10-18 0.077 0.725047
2018-09-20 0.077 0.700637
2018-08-23 0.077 0.685053
2018-07-19 0.077 0.674256
2018-06-21 0.077 0.675439
2018-05-24 0.077 0.655877
2018-04-19 0.077 0.602033
2018-03-22 0.077 0.604870
2018-02-15 0.077 0.600624
2018-01-18 0.077 0.575916
2017-12-21 0.077 0.605346
2017-11-22 0.090 0.701481
2017-10-19 0.090 0.683371
2017-09-21 0.090 0.665188
2017-08-23 0.090 0.670641
2017-07-19 0.090 0.661278
2017-06-21 0.090 0.672143
2017-05-17 0.090 0.689655
2017-04-19 0.090 0.692841
2017-03-22 0.090 0.709779
2017-02-15 0.090 0.722311
2017-01-18 0.090 0.737705
2016-12-21 0.090 0.779221
2016-11-16 0.090 0.773196
2016-10-19 0.090 0.687023
2016-09-21 0.090 0.674157
2016-08-17 0.090 0.648882
2016-07-20 0.090 0.675676
2016-06-15 0.090 0.714286
2016-05-18 0.110 0.905350
2016-04-20 0.110 0.874404
2016-03-16 0.110 0.925926
2016-02-17 0.130 1.194853
2016-01-20 0.130 1.264591
2015-12-16 0.130 1.139351
2015-11-18 0.130 1.099831
2015-10-21 0.130 1.013250
2015-09-16 0.130 1.089690
2015-08-19 0.130 0.993884
2015-07-22 0.130 0.935925
2015-06-17 0.470 3.241379
2015-05-20 0.130 0.822264
2015-04-15 0.130 0.799017
2015-03-18 0.130 0.821745
2015-02-18 0.130 0.779376
2015-01-21 0.130 0.765156
2014-12-17 0.130 0.793167
2014-11-19 0.130 0.756694
2014-10-22 0.130 0.750577
2014-09-17 0.130 0.728700
2014-08-20 0.125 0.689085
2014-07-16 0.125 0.685307
2014-06-18 0.125 0.691372
2014-05-21 0.120 0.663717
2014-04-15 0.120 0.683371
2014-03-19 0.120 0.712166
2014-02-19 0.120 0.732154
2014-01-22 0.120 0.717703
2013-12-18 0.420 2.540835
2013-11-20 0.120 0.726392
2013-10-16 0.120 0.707547
2013-09-18 0.120 0.710059
2013-08-21 0.120 0.752823
2013-07-17 0.120 0.670766
2013-06-19 0.120 0.647948
2013-05-22 0.120 0.580271
2013-04-17 0.120 0.578035
2013-03-13 0.120 0.585652
2013-02-13 0.117 0.563041
2013-01-16 0.117 0.569343
2012-12-12 0.117 0.583250
2012-11-20 0.117 0.593909
2012-10-17 0.118 0.588822
2012-09-19 0.118 0.600203
2012-08-22 0.118 0.618773
2012-07-18 0.118 0.614263
2012-06-20 0.118 0.658115
2012-05-16 0.118 0.606684
Additional Data
dividendRate 0.96
dividendYield 12.09
exDividendDate 2026-07-24
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.08
lastDividendDate 2026-06-23
dividendDate 2019-03-01

Info Dump

Attribute Value
52 Week Change -0.06405693
Address1 One Madison Avenue
Address2 17th Floor
All Time High 23.17
All Time Low 6.86
Ask 0.0
Ask Size 300
Average Daily Volume10 Day 67,230
Average Daily Volume3 Month 71,257
Average Volume 71,257
Average Volume10Days 67,230
Bid 0.0
Bid Size 100
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 7.89
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 7.9381
Day Low 7.88
Display Name Legg Mason BW Global Income Opportunities Fund
Dividend Date 1,551,398,400
Dividend Rate 0.96
Dividend Yield 12.09
Ebitda Margins 0.0
Eps Trailing Twelve Months 0.88
Esg Populated 0
Ex Dividend Date 1,784,851,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 7.9334
Fifty Day Average Change -0.043400288
Fifty Day Average Change Percent -0.0054705786
Fifty Two Week Change Percent -6.405693
Fifty Two Week High 8.94
Fifty Two Week High Change -1.0499997
Fifty Two Week High Change Percent -0.11744964
Fifty Two Week Low 7.46
Fifty Two Week Low Change 0.42999983
Fifty Two Week Low Change Percent 0.057640728
Fifty Two Week Range 7.46 - 8.94
First Trade Date Milliseconds 1,332,941,400,000
Five Year Avg Dividend Yield 11.4
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.00023
Held Percent Institutions 0.5546
Implied Shares Outstanding 16,791,836
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,782,172,800
Last Dividend Value 0.08
Long Business Summary Legg Mason BW Global Income Opportunities Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Brandywine Global Investment Management, LLC. It invests in fixed income markets. The fund employs fundamental analysis to create its portfolio. Legg Mason BW Global Income Opportunities Fund Inc. was formed on March 28, 2012 and is domiciled in the United States.
Long Name Legg Mason BW Global Income Opportunities Fund Inc.
Market us_market
Market Cap 132,487,584
Market State PRE
Max Age 86,400
Message Board Id finmb_115365176
Non Diluted Market Cap 132,487,586
Open 7.92
Operating Margins 0.0
Payout Ratio 1.0909
Phone 800-822-5544
Previous Close 7.94
Price Hint 2
Profit Margins 0.0
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0500002
Regular Market Change Percent -0.629725
Regular Market Day High 7.9381
Regular Market Day Low 7.88
Regular Market Day Range 7.88 - 7.9381
Regular Market Open 7.92
Regular Market Previous Close 7.94
Regular Market Price 7.89
Regular Market Time 1,783,972,803
Regular Market Volume 36,457
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 16,791,836
Shares Percent Shares Out 0.0015
Shares Short 25,627
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 14,235
Short Name BrandywineGLOBAL Global Income
Short Percent Of Float 0.0019
Short Ratio 0.36
Source Interval 15
State NY
Symbol BWG
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.88
Trailing P E 8.965909
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.23675
Two Hundred Day Average Change -0.34674978
Two Hundred Day Average Change Percent -0.04209789
Type Disp Equity
Volume 36,457
Website https://www.leggmason.com/en-us/products/closed-end-funds/legg-mason-bw-global-income-opportunities-fund-inc.html
Zip 10,010