BrandywineGLOBAL-Global Income Opportunities Fund Inc (BWG)
The Legg Mason BW Global Income Opportunities Fund Inc. operates as a closed-end mutual fund, primarily allocating its capital within the fixed-income markets. Legg Mason Partners Fund Advisor, LLC manages the fund, with Brandywine Global Investment Management, LLC providing additional co-management expertise. Its investment portfolio is built using a fundamental analysis approach. This fund, established in the United States on March 28, 2012, seeks opportunities globally within its mandate.
Industry: Asset Management - Income
Legg Mason BW Global Income Opportunities Fund Inc.
NYSE:BWGFinancial Services · Asset Management - Income
-1.30%$6.84
AH Close$6.84+0.00%vs close
AH Close$6.84+0.00%vs close
Mkt Cap$114.86M
Float16.79M
O/S16.79M
Inst Own44.5%
SI0.1%
Div Yield14.04%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$19.78M
Net Income$15.47M
Total Assets$257.58M
Free Cash Flow$7.17M
Debt & Equity
Debt 40%
Equity 60%
Total Debt$100.93M
Total Equity$153.71M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BWG's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$257.58M
Liabilities$103.87M
Accounts Receivable$4.46M
Accounts Payable$1.85M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Revenue | $19.78M | $31.72M | -$1.58M | -$6.04M | $15.7M | $29.11M | $63.67M | -$30.54M | $21.61M | -$11.26M | $32.14M | $37.35M | $37.59M | $20.79M |
| YoY Growth | -37.6% | -2103.8% | -73.8% | -138.5% | -46.1% | -54.3% | -308.5% | -241.3% | -291.9% | -135.0% | -14.0% | -0.6% | 80.8% | - |
| Cost of Revenue | $1.89M | $3.7M | $2.17M | $2.55M | $2.84M | $3.83M | $3.51M | $3.85M | $4.42M | $4.52M | $6.25M | $6.46M | $6.83M | $3.51M |
| Gross Profit | $17.89M | $31.72M | -$3.75M | -$8.59M | $12.86M | $25.28M | $60.17M | -$34.39M | $17.19M | -$15.78M | $25.89M | $30.89M | $30.76M | $17.28M |
| Gross Margin | 90.4% | 100.0% | 236.8% | 142.2% | 81.9% | 86.8% | 94.5% | 112.6% | 79.6% | 140.1% | 80.6% | 82.7% | 81.8% | 83.1% |
| Research and Development | $0 | $0 | $0 | $9 | $6 | $0 | $0 | -$3 | -$2 | -$2 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $461K | $521K | $475K | $599K | $550K | $1.05M | $546K | $803K | $670K | -$2 | $1.63M | $760K | $610K | $140K |
| Other | -$2.89M | $1.5M | $1.73M | $1.89M | $2.6M | -$2.62M | $2.51M | $2.18M | $2.03M | $20.99M | $1.27M | $90K | $90K | -$20K |
| Total Operating Expenses | -$2.43M | $2.02M | $2.21M | $2.49M | $3.15M | -$1.58M | $3.06M | $2.98M | $2.7M | -$55.5M | $2.9M | $850K | $700K | $120K |
| Operating Income (EBIT) | $20.32M | $35.64M | $12.57M | -$49.22M | $15.52M | -$1.09M | $60.61M | -$30.87M | $20.95M | $39.72M | $22.99M | $30.04M | $30.06M | $17.16M |
| Operating Margin | 102.7% | 112.3% | -794.3% | 814.7% | 98.8% | -3.8% | 95.2% | 101.1% | 96.9% | -352.8% | 71.5% | 80.4% | 80.0% | 82.5% |
| Interest Expense | $3.79M | $3.7M | $3.39M | $1.2M | $480K | $1.34M | $3.08M | $2.65M | $2.04M | $3.3M | -$85.18M | $11.05M | -$25.91M | $38.41M |
| Interest Income | $21.44M | $21.66M | $21.26M | $19.41M | $19.23M | $22.16M | $27M | $27.33M | $30.41M | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$4.85M | -$5.93M | -$5.22M | -$3.54M | -$2.97M | -$4.4M | $0 | -$2.65M | -$2.04M | -$13.25M | -$85.18M | $11.05M | -$25.91M | $38.41M |
| Income Before Tax (EBT) | $15.47M | $29.7M | $7.36M | -$52.76M | $12.55M | -$5.5M | $60.61M | -$33.52M | $18.91M | $26.48M | -$62.19M | $41.09M | $4.15M | $55.57M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K | -$20.27M | $0 | $0 | $0 | $0 |
| Net Income | $15.47M | $29.7M | $7.36M | -$52.76M | $12.55M | -$5.5M | $60.61M | -$33.52M | $18.91M | $39.72M | -$62.19M | $41.09M | $4.15M | $55.57M |
| Net Income Margin | 78.2% | 93.6% | -464.8% | 873.3% | 79.9% | -18.9% | 95.2% | 109.8% | 87.5% | -352.8% | -193.5% | 110.0% | 11.0% | 267.3% |
| Supplementary Data | ||||||||||||||
| EPS | 0.92 | 1.77 | 0.44 | -3.14 | 0.75 | -0.28 | 2.89 | -1.60 | 0.91 | 1.26 | -2.95 | 1.95 | 0.20 | 2.64 |
| Diluted EPS | 0.92 | 1.77 | 0.44 | -3.14 | 0.75 | -0.28 | 2.89 | -1.60 | 0.91 | 1.26 | -2.95 | 1.95 | 0.20 | 2.64 |
| Weighted Average OS | 16.79M | 16.79M | 16.79M | 16.79M | 16.79M | 19.63M | 20.99M | 20.95M | 20.78M | 20.95M | 21.08M | 21.08M | 21.08M | 21.08M |
| EBITDA | $20.32M | $35.64M | $12.57M | -$48.99M | $15.75M | -$1.09M | $60.61M | -$30.87M | $20.95M | $36.43M | -$147.37M | $52.14M | -$21.76M | $93.98M |
| EBITDA Margin | 102.7% | 112.3% | -794.3% | 810.9% | 100.3% | -3.8% | 95.2% | 101.1% | 96.9% | -323.5% | -458.6% | 139.6% | -57.9% | 452.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $782K | $7.12M | $380K | $11K | $480K | $90K | $4.28M | $180 | $0 | $38K | $11.02M | $7.5M | $1.1M | $700K |
| Short-Term Investments | $12.43M | $2.78M | $12.29M | $7.47M | $14.96M | $0 | $32.66M | $0 | $46.41M | $52.89M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $13.21M | $9.9M | $12.67M | $7.48M | $15.44M | $90K | $36.94M | $180 | $46.41M | $52.93M | $11.02M | $7.5M | $1.1M | $700K |
| Accounts Receivable | $4.46M | $4.15M | $7.18M | $6.39M | $4.78M | $5.6M | $8.25M | $6.87M | $13.04M | $8.55M | $8.23M | $9.9M | $12M | $11.8M |
| Inventory | $0 | $0 | $19.85M | $0 | $0 | $0 | $0 | $38.81M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$17.68M | -$4.16M | -$19.85M | $0 | -$20.22M | $20.45M | -$36.94M | -$38.81M | -$59.45M | -$61.48M | $0 | $0 | $0 | $0 |
| Total Current Assets | $801K | $9.9M | $7.56M | $6.4M | $5.26M | $5.69M | $8.25M | $6.87M | $13.04M | $7.64M | $19.25M | $17.4M | $13.1M | $12.5M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $220K | $259.61M | $821K | $260.11M | $341.82M | $342.93M | $450.5M | $407.82M | $484.98M | $447.35M | $474.25M | $531.2M | $545.6M | $566.3M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $246.42M | $0 | $0 | $0 | $0 | -$407.82M | -$484.98M | $48.5M | -$474.25M | -$531.2M | -$545.6M | -$566.3M |
| Total Long-Term Assets | $256.78M | $259.61M | $247.24M | $260.11M | $341.82M | $342.93M | $450.5M | $407.82M | $484.98M | $495.85M | $474.25M | $531.2M | $545.6M | $566.3M |
| Other Assets | $257.58M | $2.29M | $1.9M | $747K | $457K | $352.36M | $1.24M | $5.08M | $2.23M | $11.01M | $7.82M | $8.5M | $23.3M | $5.3M |
| Total Assets | $257.58M | $271.8M | $256.71M | $267.25M | $347.54M | $352.36M | $459.99M | $419.77M | $500.25M | $514.5M | $501.32M | $557.1M | $582M | $584.1M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $1.85M | $5.36M | $2.03M | $2.09M | $1.81M | $1.64M | $1.8M | $5.14M | $2.32M | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $76M | $61M | $61M | $61M | $60M | $60M | $100M | $100M | $0 | $132.3M | $132.3M | $132.3M | $156M | $135M |
| Current Income Tax Payable | $0 | $0 | $34K | $147K | $221K | $241K | $159K | $9K | $200K | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$58.91M | -$58.19M | -$58.36M | -$98.2M | -$100M | -$129.18M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $2.24M | -$66.61M | -$61.21M | -$2.47M | -$2.25M | -$2.83M | -$2.25M | -$5.42M | -$2.93M | $16.62M | $1.88M | $0 | $0 | $0 |
| Total Current Liabilities | $78.24M | $5.61M | $2.03M | $2.09M | $1.81M | $1.64M | $1.8M | $5.41M | $2.32M | $148.92M | $134.18M | $132.3M | $156M | $135M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $24.93M | $61M | $61M | $61M | $60M | $0 | $49.91M | $49.75M | $131.5M | $49.44M | $49.28M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$24.93M | $51.07M | $52.69M | $53.58M | $64.79M | $0 | $0 | -$49.75M | -$131.5M | $356K | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $101.83M | $112.07M | $61M | $61M | $124.79M | $60M | $100M | $100M | $131.5M | $49.79M | $49.28M | $400K | $3.3M | $700K |
| Other Liabilities | $25.64M | $117.44M | $52.9M | $53.96M | $64.79M | $128.27M | $54.57M | $55.41M | $54.4M | $0 | $0 | $4.3M | $6.3M | $6M |
| Total Liabilities | $103.87M | $117.44M | $115.93M | $117.04M | $126.6M | $128.27M | $156.37M | $160.82M | $188.23M | $198.72M | $183.45M | $137M | $165.6M | $141.7M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $63.29M | $23.44M | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $17K | $17K | $17K | $17K | $17K | $17K | $21K | $21K | $21K | $21K | $21K | $0 | $0 | $0 |
| Retained Earnings | -$84.45M | -$86.15M | -$106.33M | -$111.8M | -$41.19M | -$44.1M | -$21.64M | -$3.17M | -$2.48M | -$195K | $16.31M | $13.1M | $9.9M | $11.3M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$63.29M | -$23.44M | -$52.27M | -$97.56M | $6.4M | $5.4M | $29.5M |
| Other Stockholders' Equity | $238.15M | $240.49M | $247.08M | $261.99M | $262.11M | $268.17M | $325.23M | $262.1M | $314.48M | $315.96M | $301.53M | $407M | $406.5M | $431.1M |
| Total Equity | $153.71M | $154.36M | $140.77M | $150.21M | $220.94M | $224.09M | $303.62M | $258.95M | $312.02M | $315.78M | $317.86M | $420.1M | $416.4M | $442.4M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $257.58M | $271.8M | $256.71M | $267.25M | $347.54M | $352.36M | $459.99M | $419.77M | $500.25M | $514.5M | $501.32M | $557.1M | $582M | $584.1M |
| Supplementary Data | ||||||||||||||
| Total Debt | $100.93M | $110.87M | $61M | $110.59M | $119.44M | $60M | $100M | $100M | $131.5M | $181.74M | $181.58M | $132.3M | $156M | $135M |
| Net Debt | $100.15M | -$7.12M | $60.62M | $60.99M | $59.52M | $59.91M | $95.72M | $100M | $131.5M | $181.7M | $170.55M | $124.8M | $154.9M | $134.3M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Operating Activities | ||||||||||||||
| Net Income | $15.47M | $29.7M | $7.36M | -$52.76M | $12.55M | -$5.5M | $60.61M | -$33.52M | $18.91M | $26.48M | -$62.19M | $41.09M | $4.15M | $55.57M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$313K | $3.03M | -$797K | -$175K | $995K | $3.06M | -$1.17M | $6.17M | -$4.49M | $2.09M | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20K | $29K | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$3.35M | $3.35M | -$15K | -$142K | -$2K | $505K | -$3.06M | $2.98M | -$2.83M | $5.9M | $0 | $0 | $0 | $0 |
| Other Working Capital | -$232K | $25K | -$569K | -$1.64M | $388K | $94K | -$1.24M | -$49K | $695K | -$2.17M | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$3.9M | $6.41M | -$1.38M | -$1.96M | $1.38M | $3.66M | -$5.46M | $9.13M | -$6.63M | $5.81M | $236.03M | $356.42M | -$2.19M | $189.44M |
| Other Non-Cash Items | -$4.41M | -$14.23M | $12.5M | $81.35M | -$1.28M | $14.99M | -$39.4M | $78.99M | $9.1M | -$18.19M | -$180.26M | -$330.02M | $4.68M | -$763.24M |
| Net Cash from Operating | $7.17M | $21.88M | $18.47M | $26.62M | $12.66M | $13.16M | $15.76M | $54.61M | $21.38M | $22.08M | -$6.42M | $67.49M | $6.64M | -$518.23M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$189.69M | -$159.11M | -$128.13M | -$91.42M | -$167.07M | -$235.23M | -$215.08M | -$202.54M | -$352.94M | -$305.51M | $0 | $0 | $0 | $0 |
| Sales of Investments | $210.96M | $148.93M | $149.09M | $110.67M | $161.56M | $309.49M | $216.62M | $216.58M | $354.71M | $351.95M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $21.28M | -$10.18M | $20.96M | $19.25M | -$5.51M | $74.26M | $1.54M | $14.04M | $1.76M | $46.44M | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | $25M | - | - | -$1M | -$79 | $40M | - | $3K | -$3K | $90 | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $50M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | -$10M | $0 | -$97.6M | $0 | $0 | $0 | -$1.17M | $50M | $0 | $0 | $401.11M |
| Dividends Paid | -$16.12M | -$16.12M | -$16.96M | -$17.8M | -$15.53M | -$17.42M | -$16.19M | -$19.84M | -$20.78M | -$27.39M | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | -$804K | $0 | $154K | $159K | $2 | $9.95M | -$61.11M | -$9.14M | $521.84M |
| Net Cash from Financing | -$26.12M | -$16.12M | -$16.96M | -$26.8M | -$15.53M | -$105.02M | -$16.19M | -$51.18M | -$21.42M | -$28.56M | $9.95M | -$61.11M | -$9.14M | $521.84M |
| Forex Effect | -$8.66M | $13.14M | -$8.37M | -$19.25M | $5.51M | $13.42M | -$1.54M | -$14.04M | -$1.76M | -$50.95M | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$6.34M | $5.76M | $1.51M | -$177K | -$2.88M | -$1.68M | -$436K | $3.42M | -$38K | -$10.99M | $3.53M | $6.38M | -$2.5M | $3.61M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $7.17M | $21.88M | $18.47M | $26.62M | $12.66M | $103.34M | $15.76M | $54.61M | $21.38M | $22.08M | -$6.42M | $67.49M | $6.64M | -$518.23M |
| Capital Expenditure | $0 | -$4 | $0 | $0 | -$4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $7.17M | $21.88M | $18.47M | $26.62M | $12.66M | $103.34M | $15.76M | $54.61M | $21.38M | $22.08M | -$6.42M | $67.49M | $6.64M | -$518.23M |
| Cash at Beginning | $7.12M | $2.27M | $754K | $930K | $3.81M | $5.49M | $5.63M | $2.2M | $38K | $11.02M | $7.5M | $1.1M | $700K | $0 |
| Cash at End | $782K | $8.03M | $2.27M | $754K | $930K | $3.81M | $5.19M | $5.63M | $0 | $38K | $11.03M | $7.48M | -$1.8M | $3.61M |