Legg Mason Bw Global Income Opportunities Fund Inc. (BWG): Daniel P Cronin , director of Legg Mason Bw Global Income Opportunities Fund Inc. sold 1,500 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $12.04 per share for a total value of $18,060.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 5, 2015, Kenneth Fuller (CEO) purchased 800 shares at $16.97 per share price.
Legg Mason BW Global Income Opportunities Fund Inc. (BWG) is a non-diversified closed-end management investment company. The Funds 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 Funds investment manager. Brandywine Global Investment Management LLC (Brandywine) is the Funds sub adviser. LMPFA and Brandywine are wholly owned subsidiaries of Legg Mason Inc. (Legg Mason).