Company: BWG
Filing Date: 2025-05-30
Form Type: CORRESP
Source: 0001193125-25-131864
Chunk: 2

Company: BrandywineGLOBAL-Global Income Opportunities Fund Inc
Filing Date: 2025-05-30
Form: CORRESP
Chunk 2
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AAP.

: The Registrant
advises the Staff that the identified Funds did not have any unfunded loan commitments as of the date of the Funds’ financial statements.

6.
(Funds that hold senior loans that contributed significantly to performance, e.g., Western Asset Income Fund): Please confirm whether the Funds have any material investments in equity tranches of CLOs. If so, please include a
discussion of how income from these investments is accrued and cite applicable U.S. GAAP supporting the accounting treatment.

Response: The Registrant advises the Staff that the Funds do not have any material investments in equity tranches of CLOs. Investments in such securities by other Funds are also not significant (at most, not more than 2-3%of the Fund’s net asset value). Income from such positions has been immaterial, and the Registrant believes it is appropriate to record any such income on a cash basis. 7. Comment: The Funds have an arrangement with their custodian bank whereby a portion of a Fund’s custodian fees are offset by credits earned on the Fund’s cash balances deposited with the custodian. Please discuss the accounting treatment for custodian fees that are partially offset by credits earned on Fund cash balances deposited with the custodian. Also, please confirm that the Funds comply with Regulation S-XRule 6-07(2)(g).Please discuss the accounting treatment for custodian fees that are partially offset by credits earned on Fund cash balances deposited with the custodian. Also, confirm that the Funds comply with Rule 6-07(g)(2)of Regulation S-X. Response: The Registrant advises the Staff that when custody credits are determined to be significant, such expense is presented on a gross basis on the income statement with an offsetting line item for fees earned indirectly (via custody credit offsets). However, most Funds have less than 0.001% in custody credits earned and applied, so it is not often that a Fund will report these credits on the income statement in the manner described above. In addition, the Registrant confirms that the Funds comply with Regulation S-XRule 6-07(2)(g). 8. Comment: Please explain how the presentation of negative amounts in the statement of operations and the statement of assets and liabilities is appropriate. (Refer to Rule 4-01(c)of Regulation S-X.) Response: Rule 4-01(c)of Regulation S-Xprovides that negative amounts shall be shown in a manner that clearly distinguishes its negative attribute