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BrandywineGLOBAL - Globalome Opportunities Fund (BrandywineGLOBAL - Globalome Opportunities Fund) 12-1 Month Momentum % : 8.30% (As of Apr. 30, 2024)


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What is BrandywineGLOBAL - Globalome Opportunities Fund 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-30), BrandywineGLOBAL - Globalome Opportunities Fund's 12-1 Month Momentum % is 8.30%.

The industry rank for BrandywineGLOBAL - Globalome Opportunities Fund's 12-1 Month Momentum % or its related term are showing as below:

BWG's 12-1 Month Momentum % is ranked better than
66.05% of 1735 companies
in the Asset Management industry
Industry Median: 1.55 vs BWG: 8.30

Competitive Comparison of BrandywineGLOBAL - Globalome Opportunities Fund's 12-1 Month Momentum %

For the Asset Management subindustry, BrandywineGLOBAL - Globalome Opportunities Fund's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BrandywineGLOBAL - Globalome Opportunities Fund's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BrandywineGLOBAL - Globalome Opportunities Fund's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where BrandywineGLOBAL - Globalome Opportunities Fund's 12-1 Month Momentum % falls into.



BrandywineGLOBAL - Globalome Opportunities Fund  (NYSE:BWG) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BrandywineGLOBAL - Globalome Opportunities Fund  (NYSE:BWG) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


BrandywineGLOBAL - Globalome Opportunities Fund 12-1 Month Momentum % Related Terms

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BrandywineGLOBAL - Globalome Opportunities Fund (BrandywineGLOBAL - Globalome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
BrandywineGLOBAL - Global Income Opportunities Fund Inc is a non-diversified, closed-end management investment company. The primary investment objective is to provide current income. The secondary investment objective is capital appreciation. 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.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Gregg Gorman other: Director of Sub-Adviser 100 INTERNATIONAL DRIVE, 8TH FLOOR, BALTIMORE MD 21202
Minnesota Life Insurance Co /bd 10 percent owner 400 N ROBERT ST, ST PAUL MN 55101
Thrivent Financial For Lutherans 10 percent owner 901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Phillip J. Gass other: SEE FOOTNOTE (4) C/O NASSAU ASSET MANAGEMENT LLC, 1 AMERICAN ROW, HARTFORD CT 06102
Nassau Asset Management Llc 10 percent owner, other: SEE FOOTNOTE (3) 1 AMERICAN ROW, HARTFORD CT 06102
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

BrandywineGLOBAL - Globalome Opportunities Fund (BrandywineGLOBAL - Globalome Opportunities Fund) Headlines

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