Arete Wealth Advisors buys $1,950,631 stake in Legg Mason BW Global Income Opptys Fund (BWG)

Legg Mason BW Global Income Opptys Fund (BWG) : Arete Wealth Advisors scooped up 13,011 additional shares in Legg Mason BW Global Income Opptys Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 139,730 shares of Legg Mason BW Global Income Opptys Fund which is valued at $1,950,631.Legg Mason BW Global Income Opptys Fund makes up approximately 1.15% of Arete Wealth Advisors’s portfolio.

Other Hedge Funds, Including , Rivernorth Capital Management boosted its stake in BWG in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 700,142 shares of Legg Mason BW Global Income Opptys Fund which is valued at $9,773,982. Legg Mason BW Global Income Opptys Fund makes up approx 0.56% of Rivernorth Capital Management’s portfolio.Bessemer Group Inc reduced its stake in BWG by selling 60,000 shares or 14.81% in the most recent quarter. The Hedge Fund company now holds 345,024 shares of BWG which is valued at $4,816,535. Legg Mason BW Global Income Opptys Fund makes up approx 0.03% of Bessemer Group Inc’s portfolio. Sg Americas Securities sold out all of its stake in BWG during the most recent quarter. The investment firm sold 21,466 shares of BWG which is valued $289,576.

Legg Mason BW Global Income Opportunities Fund Inc. (BWG) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide current income and its secondary investment objective is to seek capital appreciation. The Fund seeks to invest under normal market conditions at least 80% of assets in global fixed income securities which may include but are not limited to sovereign debt of developed and emerging market countries the United States and non-United States corporate debt mortgage backed securities and currency exposure. Its sector holdings include Sovereign Bonds Financials Collateralized Mortgage Obligations telecommunication Services and Consumer Discretionary among others. Legg Mason Partners Fund Advisor LLC (LMPFA) is the Fund’s investment manager. Brandywine Global Investment Management LLC (Brandywine) is the Fund’s sub adviser. LMPFA and Brandywine are wholly owned subsidiaries of Legg Mason Inc. (Legg Mason).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *