SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐
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| ☐ | | Preliminary Proxy Statement |
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| ☐ | | Confidential, for Use of the Commission Only (as permitted by Rule14a-6(e)(2)) |
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| ☐ | | Definitive Proxy Statement |
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| ☒ | | Definitive Additional Materials |
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| ☐ | | Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12 |
BRANDYWINEGLOBAL – GLOBAL INCOME OPPORTUNITIES FUND INC.
(Name of Registrant as Specified in Its Charter)
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| ☐ | | Fee paid previously with preliminary materials. |
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| ☐ | | Check box if any part of the fee is offset as provided by Exchange Act Rule0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by the registration statement number, or the Form or Schedule and the date of its filing. |
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Your Vote Is Important No Matter How Many or How Few Shares You Own March 2, 2020 Dear Fellow Stockholder: The Brandywine GLOBAL — Global Income Opportunities Fund Inc. (the “Fund”) Board of Directors and management team are building on our strong track record of delivering significant total returns and consistent stockholder distributions. Your Board and management team are achieving the Fund’s investment objectives — providing high current income and capital appreciation. We urge you to vote on the WHITE Proxy Card “FOR” the Board Nominees who are committed to acting in your best interests. Protect Your Investment in the Fund by Voting to Re-Elect the Board’s Nominees Who Are Enhancing Stockholder Value By… Delivering total returns greater than the Fund’s Raising the Fund’s distribution yield from benchmark averages over key timeframe, including 5.84% to 6.65%3 in 2019; and delivering total returns of 30.58% vs 6.84% on a 1-year basis and 10.36% vs 4.27% on a 3-year basis; Reducing the discount between the Fund’s net asset value and market price by almost 29% since Increasing the Fund’s distribution payout twice the start of 2019. in 2019; Protect the Value of Your Investment — Vote the WHITE Proxy Card Today The Fund’s Board has a proven track record of generating significant value and acting in the best interests of all stockholders. In contrast, Bulldog Investors LLC (“Bulldog”), a professional activist fund, has nominated representatives from within its own organization to stand for election to the Fund’s Board in order to implement initiatives intended to generate a short-term profit for themselves to the detriment of long-term holders. We believe these actions could derail the Fund’s ability to continue to enhance value for its stockholders who invest in the Fund for long-term, sustainable returns. No matter how many or how few shares you own, your vote is important. Whether or not you plan to attend the Annual Meeting, you have an opportunity to protect the value of your investment by voting on the WHITE Proxy Card “FOR” the Fund’s nominees and “AGAINST” the Non-Binding Self-Tender Offer/Liquidation Proposal from Bulldog, and “AGAINST” Bulldog’s Non-Binding Bylaws Amendment Proposal. Thank you for your continued support. Sincerely, The Brandywine GLOBAL — Global Income Opportunities Fund Inc. Board of Directors Your Vote Matters Protect the Value of Your Investment — Vote the WHITE Proxy Card Today
Your Vote is Important, No Matter How Many or How Few Shares You Own You can vote by internet, telephone or by signing and dating the WHITE proxy card and mailing it in the envelope provided. If you have any questions about how to vote your shares or need additional assistance, please contact: Innisfree M&A Stockholders Call Toll Free: (877) 750-8197 Incorporated Banks and Brokers Call: (212) 750-5833 REMEMBER We urge you NOT to vote using any green proxy card sent to you by Bulldog Investors, as doing so will revoke your vote on the WHITE proxy card. Notes 1 Returns based on market price for the period ending December 31, 2019. 2 The Bloomberg Barclays Global Aggregate Index is an index comprised of several other Bloomberg Barclays indices that measure fixed-income performance of regions around the world. 3 Based on market price for the period ending December 31, 2019. Forward Looking Statement Past performance is no guarantee of future results. The information provided is not intended to be a forecast of future events, a guarantee of future results or investment advice. All investments are subject to risk including the possible loss of principal. All benchmark performance rejects no deduction for fees, expenses or taxes. Please note that an investor cannot invest directly in a benchmark.
