<SEC-DOCUMENT>0001398344-20-013407.txt : 20200708
<SEC-HEADER>0001398344-20-013407.hdr.sgml : 20200708
<ACCEPTANCE-DATETIME>20200708111921
ACCESSION NUMBER:		0001398344-20-013407
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20200708
DATE AS OF CHANGE:		20200708

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BrandywineGLOBAL-Global Income Opportunities Fund Inc
		CENTRAL INDEX KEY:			0001504545
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-87255
		FILM NUMBER:		201017674

	BUSINESS ADDRESS:	
		STREET 1:		620 EIGHTH AVENUE
		STREET 2:		49TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018
		BUSINESS PHONE:		(888) 777-0102

	MAIL ADDRESS:	
		STREET 1:		620 EIGHTH AVENUE
		STREET 2:		49TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Legg Mason BW Global Income Opportunities Fund Inc.
		DATE OF NAME CHANGE:	20101028

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Bulldog Investors, LLC
		CENTRAL INDEX KEY:			0001504304
		IRS NUMBER:				270926182
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		PARK 80 WEST - PLAZA TWO
		STREET 2:		250 PEHLE AVE. SUITE 708
		CITY:			SADDLE BROOK
		STATE:			NJ
		ZIP:			07663
		BUSINESS PHONE:		201 556-0092

	MAIL ADDRESS:	
		STREET 1:		PARK 80 WEST - PLAZA TWO
		STREET 2:		250 PEHLE AVE. SUITE 708
		CITY:			SADDLE BROOK
		STATE:			NJ
		ZIP:			07663

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Brooklyn Capital Management LLC
		DATE OF NAME CHANGE:	20101026
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>fp0055393_sc13da.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0in"><B></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SCHEDULE 13D</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Under the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Amendment No. 2)*</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">BrandywineGLOBAL-Global
Income Opportunities Fund</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Name of Issuer)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Common Stock</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Title of Class of Securities)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">10537L104</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(CUSIP Number)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<DIV STYLE="padding: 0in 0in 1pt">

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Phillip Goldstein</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Bulldog Investors, LLC</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Park 80 West &ndash; Plaza Two</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">250 Pehle Ave., Suite 708</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Saddle Brook, NJ 07663</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">201-556-0092</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

</DIV>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Name, Address and Telephone Number of Person</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Authorized to Receive Notices and Communications)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">07/05/2020</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Date of Event which Requires Filing of this
Statement)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &sect;&sect;240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box. [ ]</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Note</B>: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See &sect;240.13d-7 for other parties to whom copies are to be
sent.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px; font-size: 11pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>*</SUP></FONT></TD>
    <TD STYLE="font-size: 11pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">The information required on the remainder of this cover page shall
not be deemed to be &quot;filed&quot; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&quot;Act&quot;) or
otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>
<P STYLE="font: 11pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0in"><B></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0in"><B></B></P>

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    <DIV STYLE="margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 9pt Times New Roman, Times, Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0in"><B></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0in"><B>SCHEDULE 13D/A</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0in"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0in"><B>DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0in"><B>7/5/20</B></P>

<P STYLE="margin: 0pt 0pt 0in">&nbsp;</P>

<P STYLE="margin: 0pt 0pt 0in"></P>

<DIV STYLE="margin-bottom: 0in; width: 100%">

<TABLE CELLSPACING="0" CELLPADDING="4" BORDER="0" STYLE="width: 100%; font-size: 11pt">
<TR VALIGN="BOTTOM">
    <TD STYLE="border-left: Black 1pt solid; width: 5%"></TD>
    <TD STYLE="width: 85%"></TD>
    <TD STYLE="width: 10%"></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-top: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">NAME
                                         OF REPORTING PERSON</FONT></P>
                                                                            <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0in">Bulldog Investors, LLC</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; border-top: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; text-align: center; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK
THE  BOX IF  MEMBER OF A GROUP</FONT></P>
                                                              <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">a&nbsp;&nbsp;&nbsp;&nbsp;[ &nbsp;&nbsp;]</FONT></P>
                                                              <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">b&nbsp;&nbsp;&nbsp;&nbsp;[ &nbsp;&nbsp;]</FONT></P></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SEC
                                         USE ONLY</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOURCE OF FUNDS</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">WC&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top; width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 82%"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">PURSUANT TO ITEMS 2(d)
                                                 AND 2(e) [&nbsp;&nbsp;]</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; width: 12%"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CITIZENSHIP OR PLACE OF ORGANIZATION</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">DE&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">7.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOLE
                                         VOTING POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">20,783&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">8.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SHARED
                                         VOTING POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in">1,067,451</P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>

<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif">9.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 85%"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOLE DISPOSITIVE POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">20,783&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; border-left: Black 1pt solid; text-align: center; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">10.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SHARED DISPOSITIVE POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,067,451</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">11.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0in">AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON</P>
<P STYLE="margin-top: 0; margin-bottom: 0in">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0in">1,088,234 (Footnote 1)</P>
<P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">12.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK
                                         IF THE AGGREGATE AMOUNT  EXCLUDES CERTAIN SHARES</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">[ &nbsp;]</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">13.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">PERCENT
                                         OF CLASS REPRESENTED BY ROW 11</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.18%&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">TYPE
                                         OF REPORTING PERSON</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">IA</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE></DIV>



<P STYLE="margin: 0pt 0pt 0in">&nbsp;</P>

<P STYLE="margin: 0pt 0pt 0in">&nbsp;</P>

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    <DIV STYLE="margin-bottom: 0in; page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt 0pt 0in">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0pt 0pt 0in">&nbsp;</P>

<P STYLE="margin: 0pt 0pt 0in"></P>

<TABLE CELLSPACING="0" CELLPADDING="4" BORDER="0" STYLE="width: 100%; font-size: 11pt">
<TR VALIGN="BOTTOM">
    <TD STYLE="border-left: Black 1pt solid; width: 5%"></TD>
    <TD STYLE="width: 85%"></TD>
    <TD STYLE="width: 10%"></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-top: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">NAME
                                         OF REPORTING PERSON</FONT></P>
                                                                            <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0in">Phillip Goldstein</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; border-top: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; text-align: center; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK
THE  BOX IF  MEMBER OF A GROUP</FONT></P>
                                                              <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">a&nbsp;&nbsp;&nbsp;&nbsp;[ &nbsp;&nbsp;]</FONT></P>
                                                              <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">b&nbsp;&nbsp;&nbsp;&nbsp;[ &nbsp;&nbsp;]</FONT></P></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SEC
                                         USE ONLY</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOURCE OF FUNDS</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">WC&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top; width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 82%"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">PURSUANT TO ITEMS 2(d)
                                                 AND 2(e) [&nbsp;&nbsp;]</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; width: 12%"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CITIZENSHIP OR PLACE OF ORGANIZATION</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">USA</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">7.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOLE
                                         VOTING POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">20,783&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">8.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SHARED
                                         VOTING POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in">1,457,751</P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>

<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif">9.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 85%"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOLE DISPOSITIVE POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">20,783&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; border-left: Black 1pt solid; text-align: center; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">10.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SHARED DISPOSITIVE POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,457,751</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">11.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0in">AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON</P>
<P STYLE="margin-top: 0; margin-bottom: 0in">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0in">1,478,534 (Footnote 1)</P>
<P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">12.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK
                                         IF THE AGGREGATE AMOUNT  EXCLUDES CERTAIN SHARES</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">[ &nbsp;]</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">13.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">PERCENT
                                         OF CLASS REPRESENTED BY ROW 11</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">7.04%&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">TYPE
                                         OF REPORTING PERSON</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">IN</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0pt 0pt 0in">&nbsp;</P>

<P STYLE="margin: 0pt 0pt 0in"></P>

<!-- Field: Page; Sequence: 3 -->
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<P STYLE="margin: 0pt 0pt 0in">&nbsp;</P>

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<TABLE CELLSPACING="0" CELLPADDING="4" BORDER="0" STYLE="width: 100%; font-size: 11pt">
<TR VALIGN="BOTTOM">
    <TD STYLE="border-left: Black 1pt solid; width: 5%"></TD>
    <TD STYLE="width: 85%"></TD>
    <TD STYLE="width: 10%"></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-top: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">NAME
                                         OF REPORTING PERSON</FONT></P>
                                                                            <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0in">Andrew Dakos</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; border-top: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; text-align: center; border-left: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK
THE  BOX IF  MEMBER OF A GROUP</FONT></P>
                                                              <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">a&nbsp;&nbsp;&nbsp;&nbsp;[ &nbsp;&nbsp;]</FONT></P>
                                                              <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">b&nbsp;&nbsp;&nbsp;&nbsp;[ &nbsp;&nbsp;]</FONT></P></TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SEC
                                         USE ONLY</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOURCE OF FUNDS</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">WC&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top; width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 82%"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">PURSUANT TO ITEMS 2(d)
                                                 AND 2(e) [&nbsp;&nbsp;]</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; width: 12%"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CITIZENSHIP OR PLACE OF ORGANIZATION</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">USA</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">7.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOLE
                                         VOTING POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">20,783&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-left: Black 1pt solid; text-align: center; border-bottom: black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">8.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SHARED
                                         VOTING POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in">1,457,751</P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD></TR>

<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif">9.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 85%"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SOLE DISPOSITIVE POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">20,783&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; border-left: Black 1pt solid; text-align: center; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">10.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">SHARED DISPOSITIVE POWER</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1,457,751</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">11.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>

<P STYLE="margin-top: 0; margin-bottom: 0in">AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON</P>
<P STYLE="margin-top: 0; margin-bottom: 0in">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0in">1,478,534 (Footnote 1)</P>
<P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">12.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">CHECK
                                         IF THE AGGREGATE AMOUNT  EXCLUDES CERTAIN SHARES</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">[ &nbsp;]</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">13.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">PERCENT
                                         OF CLASS REPRESENTED BY ROW 11</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">7.04%&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center; border-left: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">TYPE
                                         OF REPORTING PERSON</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">IN</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0in"></P></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0pt 0pt 0in">&nbsp;</P>

<P STYLE="margin: 0pt 0pt 0in"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">Item 1. SECURITY AND ISSUER</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">This statement constitutes Amendment #2 to the schedule 13d
filed September 30, 2019. Except as specifically set forth herein, the Schedule 13d remains unmodified.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">ITEM 4. PURPOSE OF TRANSACTION</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">See exhibit A - Standstill agreement</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">ITEM 5. INTEREST IN SECURITIES OF THE ISSUER</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">(a) As per the N-CSRS filed on June 19, 2020, there were 20,989,795
shares of common stock outstanding as of April 30, 2020. The percentages set forth herein were derived using such number. Phillip
Goldstein and Andrew Dakos own Bulldog Investors, LLC, a registered investment advisor. As of July 6, 2020, Bulldog Investors,
LLC is deemed to be the beneficial owner of 1,088,234 shares of BWG (representing 5.18% of BWG's outstanding shares) solely by
virtue of Bulldog Investors LLC's power to direct the vote of,and dispose of, these shares. These 1,088,234 shares of BWG include
20,783 shares (representing 0.10% of BWG's outstanding shares) that are beneficially owned by Mr. Goldstein. All other shares included
in the aforementioned 1,088,234 shares of BWG beneficially owned by Bulldog Investors LLC (solely by virtue of its power to sell
or direct the vote of these shares) are also beneficially owned by clients of Bulldog Investors, LLC who are not members of any
group. The total number of these &quot;non-group&quot; shares is 1,067,451 shares (representing 5.09% of BWG's outstanding shares).</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">As of July 6, 2020, each of Messrs. Goldstein and Dakos is
deemed to be the beneficial owner of 1,478,534 shares of BWG (representing 7.04% of BWG's outstanding shares) by virtue of their
power to direct the vote of, and dispose of, these shares.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">(b) Bulldog Investors,LLC has sole power to dispose of
and vote 20,783 shares. Bulldog Investors, LLC has shared power to dispose of and vote 1,067,451 shares. Certain of Bulldog
Investors, LLC's clients (none of whom beneficially own more than 5% of BWG's shares) share this power with Bulldog
Investors, LLC. Messrs.Goldstein and Dakos are members of Bulldog Investors, LLC. Messrs. Goldstein and Dakos have shared
power to dispose of and vote an additional 390,300 shares.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">c) During the past 60 days the following shares of BWG were
purchased:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="2" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>Date:</TD>
    <TD>Shares:</TD>
    <TD>Price:</TD></TR>
<TR STYLE="vertical-align: top; background-color: Gainsboro">
    <TD>06/30/20</TD>
    <TD>6,086</TD>
    <TD>11.5300</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>06/26/20</TD>
    <TD>6,000</TD>
    <TD>11.4000</TD></TR>
<TR STYLE="vertical-align: top; background-color: Gainsboro">
    <TD>06/25/20</TD>
    <TD>2,000</TD>
    <TD>11.4600</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>06/24/20</TD>
    <TD>3,000</TD>
    <TD>11.5500</TD></TR>
<TR STYLE="vertical-align: top; background-color: Gainsboro">
    <TD>06/23/20</TD>
    <TD>5,000</TD>
    <TD>11.6700</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>06/17/20</TD>
    <TD>12,500</TD>
    <TD>11.7200</TD></TR>
<TR STYLE="vertical-align: top; background-color: Gainsboro">
    <TD>06/15/20</TD>
    <TD>3,830</TD>
    <TD>11.5941</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>06/12/20</TD>
    <TD>4,000</TD>
    <TD>11.6000</TD></TR>
<TR STYLE="vertical-align: top; background-color: Gainsboro">
    <TD>06/09/20</TD>
    <TD>600</TD>
    <TD>11.8100</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>05/14/20</TD>
    <TD>5,000</TD>
    <TD>10.9400</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">d) Clients of Bulldog Investors, LLC, Mr. Goldstein, and an
account managed by Messrs. Goldstein and Dakos are entitled to receive any dividends or sales proceeds.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">e) N/A</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">N/A</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">ITEM 7. MATERIAL TO BE FILED AS EXHIBITS</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">Exhibit A</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true, complete and correct.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">Dated: 7/7/2020</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">By: /S/ Phillip Goldstein</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">Name: Phillip Goldstein</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">By: /S/ Andrew Dakos</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">Name: Andrew Dakos</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">Bulldog Investors, LLC</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">By: /s/ Andrew Dakos</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">Andrew Dakos, Member</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0in">Footnote 1: The reporting persons disclaim beneficial ownership
except to the extent of any pecuniary interest therein.</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>Standstill
Agreement</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">This Agreement is
entered into as of July 5, 2020 (this &ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Agreement</B></FONT>&rdquo;
(including the exhibits hereto), by and among Bulldog Investors, LLC (&ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Bulldog</B></FONT>&rdquo;),
BrandywineGLOBAL &ndash; Global Income Opportunities Fund Inc. (the &ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Fund</B></FONT>&rdquo;),
Legg Mason Partners Fund Advisor, LLC (the &ldquo;<B>Adviser</B>&rdquo;) and Brandywine Global Investment Management, LLC (the
&ldquo;<B>Sub-<FONT STYLE="font-family: Times New Roman, Times, Serif">Adviser</FONT></B>,&rdquo; together with Bulldog, the Fund
and the Adviser, the &ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Parties</B></FONT>&rdquo; and individually
a &ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Party</B></FONT>&rdquo;).</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps; color: Black"><B>Whereas</B></FONT><FONT STYLE="color: Black">,
the Fund is a closed-end management investment company registered under the Investment Company Act of 1940, as amended (the &ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>1940
Act</B></FONT>&rdquo;);</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps; color: Black"><B>Whereas</B></FONT><FONT STYLE="color: Black">,
the Adviser serves as the Fund&rsquo;s adviser pursuant to a management agreement between the Fund and the Adviser;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps; color: Black"><B>Whereas</B></FONT><FONT STYLE="color: Black">,
the Sub-Adviser serves as the Fund&rsquo;s sub-adviser pursuant to a subadvisory agreement between the Adviser and the Sub-Adviser;
and</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps; color: Black"><B>Whereas</B></FONT><FONT STYLE="color: Black">,
as of the close of business on July 2, 2020, Bulldog may be deemed to be the beneficial owner (as such term is used in Rule 13d-3
under the Securities Exchange Act of 1934, as amended (the &ldquo;<B>Exchange Act</B>&rdquo;)) of, in the aggregate, 1,478,534
shares of common stock of the Fund, $0.001 par value (&ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Common
Shares</B></FONT>&rdquo;), which includes Common Shares held by one or more accounts managed by Bulldog and its affiliates (the
&ldquo;<B>Bulldog Accounts</B>&rdquo;).</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps; color: Black"><B>Now,
Therefore</B></FONT><FONT STYLE="color: Black">, in consideration of the mutual covenants and agreements contained herein, and
for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto hereby
agree as follows:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in; text-align: justify"><FONT STYLE="color: Black">Section
1.&#9;<FONT STYLE="font-family: Times New Roman, Times, Serif"><I>Tender Offer by the Fund</I></FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
the basis of the representations, warranties and agreements set forth herein and subject to performance by Bulldog of its covenants
and other obligations hereunder and the other conditions set forth herein:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(a)
The Fund shall conduct a tender offer to purchase for cash 20% (the &ldquo;<B>Maximum Amount</B>&rdquo;) of its outstanding Common
Shares (the &ldquo;<B>Tender Offer</B>&rdquo;). The Tender Offer shall include the following terms: (i) all shareholders shall
have the opportunity to tender some or all of their Common Shares at a price equal to 99.5% of the Fund&rsquo;s net asset value
per share (&ldquo;<B>NAV</B>&rdquo;) as determined as of the close of the regular trading session of the New York Stock Exchange
(the &ldquo;<B>NYSE</B>&rdquo;) on the next trading day after the expiration date of the Tender Offer or, if the Tender Offer
is extended, on the next trading day after the day to which the Tender Offer is extended, (ii) the Fund shall purchase Common
Shares tendered and not withdrawn on a prorated basis up to the Maximum Amount if greater than the Maximum Amount of Common Shares
are properly tendered and not properly withdrawn, (iii) the consideration to be paid by the Fund for Common Shares purchased under
the Tender Offer shall consist solely of cash and (iv) if less than the Maximum Amount of Common Shares have been properly tendered
and not withdrawn, then the Fund shall only be obligated to purchase such amount of Common Shares actually tendered</FONT><FONT STYLE="color: Black">.
Notwithstanding anything contained in this Agreement to the contrary, in no event shall (i) the Tender Offer commence prior to
the date each proposal applicable to the Fund and the Adviser or the Sub-Adviser and its affiliates, as applicable and as set
out in the Fund&rsquo;s joint proxy statement dated April 16, 2020, is approved by the vote of a majority of the outstanding voting
securities of the Fund as defined in the 1940 Act (the &ldquo;<B>Change of Control Approvals</B>&rdquo;); and (ii) the Fund pay
for any Common Shares tendered in the Tender Offer as soon as practicable as determined by the Board of the Fund. The Fund will
pay for any Common Shares tendered in the Tender Offer prior to September 30, 2020.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(b) The Tender
Offer shall not provide for preferential treatment for any shareholders of the Fund.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(c) The Tender
Offer shall require odd lot tenders to be subject to the same proration terms as tenders of 100 shares or more.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(d)
Although the Fund has committed to conduct the Tender Offer under the circumstances set forth above, the Fund will not commence
the Tender Offer or accept tenders of the Fund&rsquo;s Common Shares during any period when (i) such transactions, if consummated,
would: (A) result in the delisting of the Fund&rsquo;s shares from the NYSE or (B) impair the Fund&rsquo;s status as a regulated
investment company under the Internal Revenue Code of 1986, as amended (which would make the Fund a taxable entity, causing the
Fund&rsquo;s income to be taxed at the fund level in addition to the taxation of shareholders who receive distributions from the
Fund); or (ii) there is any (A) legal or regulatory action or proceeding instituted or threatened challenging such transaction,
(B) suspension of or limitation on prices for trading securities generally on the NYSE or other national securities exchange(s),
including the Nasdaq Stock Market and the NYSE MKT LLC or (C) declaration of a banking moratorium by federal or state authorities
or any suspension of payment by banks in the United States or New York State. In the event of a delay pursuant to any of clauses
(i) or (ii) above, the Fund will provide prompt written notice to Bulldog together with a detailed analysis of the reason for
such delay and reasonable support for such determination. In the event of a delay pursuant to either of clauses (i) or (ii) above,
the Fund will commence the Tender Offer as soon as practicable and not later than 20 days after the termination of such delaying
event</FONT><FONT STYLE="color: Black">.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other
than in connection with regularly scheduled distributions under a dividend reinvestment plan, the Fund shall not issue any Common
Shares or any securities exchangeable or convertible into Common Shares prior to the payment of the Tender Offer proceeds.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bulldog
agrees to tender, or cause to be tendered, all of the Common Shares of which Bulldog or its Affiliates or a Bulldog Entity is
the beneficial owner (as such term is used in Rule 13d-3 under the Exchange Act) in the Tender Offer, including, but not limited
to, all of the Common Shares then owned by Bulldog and the Bulldog Accounts.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in; text-align: justify"><FONT STYLE="color: Black">Section
2.&#9;<FONT STYLE="font-family: Times New Roman, Times, Serif"><I>Additional Agreements</I></FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bulldog
covenants and agrees that during the period from the date of this Agreement through the date that is the earlier of (a) the date
one day after the completion of the Fund&rsquo;s 2025 annual meeting of shareholders (or, solely with respect to the Subject Funds
(as defined below) other than the Fund, each other Subject Fund&rsquo;s 2022 annual meeting of shareholders), (b) such date that
the Fund determines not to conduct the Tender Offer pursuant to Section 1.1(d) (which date shall <FONT STYLE="font-family: Times New Roman, Times, Serif">not
include a determination to delay the Tender Offer pursuant to the last sentence of Section 1.1(d) and <I>provided that</I> the
Board of the Fund shall provide, within one (1) calendar day, written notice to Bulldog of any such determination not to conduct
or delay the Tender Offer)</FONT>, and (c) the date that is 60 days prior to the last date that a shareholder proposal pursuant
to Rule 14a-8 under the Exchange Act or director nomination is permitted to be submitted to the Fund for the Fund&rsquo;s 2026
annual meeting of shareholders (or, solely with respect to the Subject Funds other than the Fund, each other Subject Fund&rsquo;s
2023 annual meeting of shareholders) (the <FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&ldquo;Effective Period&rdquo;</B></FONT>),
it will not, and will cause its respective principals, directors, general partners, members, officers, employees, agents (acting
on Bulldog&rsquo;s behalf), affiliated persons (as defined in the 1940 Act and which, for the avoidance of doubt, shall include
(without limitation) any account or other pooled investment vehicle now or in the future managed, advised or sub-advised by Bulldog
or its affiliated persons) and representatives under Bulldog&rsquo;s control (all such persons, collectively, the &ldquo;<B>Bulldog
Entities</B>&rdquo;), and any other persons controlled by or under common control with Bulldog (such other persons, &ldquo;<FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Affiliates</B></FONT>&rdquo;),
not to, directly or indirectly, alone or in concert with others (including, by directing, requesting or suggesting that any other
person take any of the actions set forth below), unless specifically permitted in writing in advance by the Fund and the Adviser,
take any of the actions with respect to the Fund or any other investment company managed by the Adviser or its affiliates as of
the date of this Agreement (collectively with the Fund, the &ldquo;<B>Subject Funds</B>&rdquo;) as set forth below:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(a) effect, seek,
offer, engage in, propose (whether publicly or otherwise and whether or not subject to conditions) or cause, participate in or
act to, or assist any other person to effect, seek, engage in, offer or propose (whether publicly or otherwise) or cause, participate
in or act to (other than as specifically contemplated by this Agreement):</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 30.6pt; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(i)
any &ldquo;solicitation&rdquo; of &ldquo;proxies&rdquo; or become a &ldquo;participant&rdquo; in any such &ldquo;solicitation&rdquo;
as such terms are defined in Regulation 14A under the Exchange Act, including any otherwise exempt solicitation pursuant to clause
(iv) of Rule 14a-1(l)(2) and including any otherwise exempt solicitation pursuant to Rule 14a-2(b), in each case, with respect
to securities of the </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
(including, without limitation, any solicitation of consents to act by written consent or call a special meeting of shareholders);</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 30.6pt; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 30.6pt; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(ii)
knowingly encourage or advise any other person or knowingly assist or act to assist any person in so encouraging or advising any
person with respect to the giving or withholding of any proxy, consent or other authority to vote (other than such encouragement
or advice that is consistent with the </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
management&rsquo;s recommendation with respect to the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
in connection with such matter or encouragement or advice solely amongst Bulldog and its Affiliates and the Bulldog Entities)
with respect to the Funds provided that Bulldog reasonably determines that the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
management&rsquo;s recommendation does not violate Bulldog&rsquo;s fiduciary duty;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 30.6pt; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 30.6pt; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
any (i) tender or exchange offer for securities of the </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
(aside from the Tender Offer contemplated by Section 1 or any other tender offer offered by the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
to all shareholders), or any merger, consolidation, business combination or acquisition or disposition of assets of the </FONT>Subject
<FONT STYLE="font-family: Times New Roman, Times, Serif">Funds, or (ii) recapitalization, restructuring, open-ending, liquidation,
dissolution or other similar extraordinary transaction with respect to the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
(it being understood that the foregoing shall not restrict any person (including Bulldog and its Affiliates) from tendering Common
Shares, receiving payment for Common Shares or otherwise participating in any such transaction on the same basis as other shareholders
of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds or from participating in any such transaction
that has been approved by the Board of any </FONT>Subject Fund<FONT STYLE="font-family: Times New Roman, Times, Serif">, subject
to the terms of this Agreement);</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 30.6pt; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 30.6pt; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(iv)
engage, directly or indirectly, in any short sale that derives substantially all of its value from a decline in the market price
of the </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds (for the avoidance
of doubt, Bulldog and its Affiliates may sell short investment vehicles that mirror broad based indices);</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 30.6pt; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(b)
form, join or in any way participate in any &ldquo;group&rdquo; (within the meaning of Section 13(d)(3) of the Exchange Act and
Rule 13d-5(b)(1) thereunder) (other than a group that consists solely of members of Bulldog and its Affiliates and the Bulldog
Entities) with respect to the securities of the </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
or in connection with seeking the election or removal of any director of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(c)
deposit any securities of the Subject Funds in any voting trust or subject any securities of the </FONT><FONT STYLE="color: Black">Subject
<FONT STYLE="font-family: Times New Roman, Times, Serif">Funds to any arrangement or agreement with respect to the voting of the
securities of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds, including, without limitation,
lend any securities of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds to any person or entity
for the purpose of allowing such person or entity to vote such securities in connection with any shareholder vote or consent of
the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds or to sell such securities, other than any such
voting trust, arrangement or agreement solely among the members of Bulldog and its Affiliates and the Bulldog Entities;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(d)
seek, alone or in concert with others, (i) election or appointment to, or representation on, the Board of any </FONT><FONT STYLE="color: Black">Subject
<FONT STYLE="font-family: Times New Roman, Times, Serif">Fund, or nominate or propose the nomination of, or recommend the nomination
of, any candidate to the Board of any </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Fund, or (ii) the
removal or resignation of any member of the Board of any </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Fund,
or knowingly encourage any such actions in clause (i) or (ii) specifically with regard to any </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Fund;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(e)
make any proposal for consideration by shareholders at any annual or special meeting of shareholders of the </FONT><FONT STYLE="color: Black">Subject
<FONT STYLE="font-family: Times New Roman, Times, Serif">Funds (pursuant to Rule 14a-8 under the Exchange Act or otherwise), or
take any action (other than in accordance with this <U>Section 2.1</U> and <U>Section 2.2</U>) with respect to any shareholder
proposal or written consent submitted prior to the date of this Agreement or during the Effective Period;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(f)
make a request for a shareholder list or other books and records of the </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
under Maryland or New York law or any other statutory or regulatory provision;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(g)
seek to control or influence the Adviser, the Sub-Adviser, the Board of any </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Fund
or policies of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(h)
institute, solicit, knowingly assist or join any litigation, arbitration or other proceeding against or involving the </FONT><FONT STYLE="color: Black">Subject
<FONT STYLE="font-family: Times New Roman, Times, Serif">Funds or any of the current or former directors or officers (including
derivative actions) of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds; provided, however, that
for the avoidance of doubt the foregoing shall not prevent Bulldog from (A) bringing litigation to enforce the provisions of this
Agreement, (B) making counterclaims with respect to any proceeding initiated by, or on behalf of, the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds
against Bulldog, or (C) responding to or complying with a validly issued legal process;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(i)
make any public statement or public proposal with respect to (i) any change in the number or term of directors or the filling
of any vacancies on the Board of any </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Fund,
(ii) any change in the capitalization, share purchase program, dividend policy or distribution policy of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds,
(iii) any other material change in the Fund&rsquo;s management, business or corporate structure with respect to the </FONT>Subject
<FONT STYLE="font-family: Times New Roman, Times, Serif">Funds, or (iv) any waiver, amendment or modification to the charter or
bylaws of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds;</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(j) enter into
any discussions, negotiations, arrangements or understandings with any person with respect to any of the foregoing, or advise,
knowingly assist or knowingly encourage others to take any action with respect to any of the foregoing; or</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(k)
publicly request (x) that the </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds,
the Board of any </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Fund or any of their respective representatives
amend or waive any provision of this <U>Section 2.1</U> (including this sentence) or (y) the Board of any </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Fund
to specifically invite Bulldog or any of its Affiliates to take any of the actions prohibited by this <U>Section 2.1</U>.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.85in"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">Nothing
herein shall be deemed to prohibit Bulldog and its Affiliates from communicating privately with the directors, officers, and advisors
of any </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Fund (including the
Adviser or any sub-adviser of a Subject Fund) so long as such private communications would not be reasonably determined to trigger
public disclosure obligations for any Party.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.85in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">2.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bulldog
covenants and agrees that during the Effective Period, it will, and will cause its Affiliates and the Bulldog Entities to:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(a)
appear by proxy or otherwise at any annual or special meeting of shareholders of the </FONT><FONT STYLE="color: Black">Subject
<FONT STYLE="font-family: Times New Roman, Times, Serif">Funds, including for the avoidance of doubt the special meeting of shareholders
related to the Change of Control Approvals, use its best efforts to cause all shares it and the Bulldog Entities beneficially
own as of the record date for such meeting to be counted as present thereat for purposes of a quorum; and give prompt notice to
the Fund prior to said annual or special meeting if any shares Bulldog and the Bulldog Entities beneficially own will not be counted
as present thereat for purposes of a quorum; and</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">(b)
except for any action that would be in contravention of this Agreement, use its best efforts to vote or cause to be voted at any
annual or special meeting of shareholders of the </FONT><FONT STYLE="color: Black">Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds,
including for the avoidance of doubt the special meeting of shareholders related to the Change of Control Approvals, all of the
shares it and the Bulldog Entities beneficially own as of the record date for such meeting with the recommendations of the Board
of any Subject Fund on (i) the Change of Control Approvals affecting the Subject Fund (except for the Change of Control Approvals
affecting Western Asset Corporate Loan Fund Inc., Western Asset Global High Income Fund Inc., Western Asset High Income Fund II
Inc., Western Asset High Income Opportunity Fund Inc., Western Asset Variable Rate Strategic Fund Inc. and Royce Global Value
Trust), (ii) any routine proposal made by the Board of the Subject Fund, including a proposal for the election of directors or
the ratification of the Subject Fund&rsquo;s auditors, or any proposal made by the Board of the Subject Fund relating to a material
liquidity event affecting the Subject Fund and (iii) any proposal submitted by stockholders of the Subject Fund pursuant to Rule
14a-8 of the Exchange Act or otherwise. Bulldog also agrees to give prompt notice to the Fund prior to said annual or special
meeting if Bulldog and the Bulldog Entities are unable to vote or cause to be voted any shares they beneficially own in accordance
with the foregoing. </FONT>Notwithstanding anything herein to the contrary, but only if required by applicable law, any investment
company that is advised by Bulldog or its Affiliates may vote its shares at each annual or special meeting of shareholders of
the Subject Funds and any adjournments thereof in accordance with one of the methods prescribed in Section 12(d)(1)(E)(iii)(aa)
of the 1940 Act. <FONT STYLE="font-family: Times New Roman, Times, Serif">For the avoidance of doubt, if Bulldog lends any Common
Shares to any third party, Bulldog shall recall any such stock loan in advance of the record date for any vote of or consent by
the shareholders of the </FONT>Subject <FONT STYLE="font-family: Times New Roman, Times, Serif">Funds so that Bulldog shall have
full voting rights with respect to all such loaned shares</FONT>.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">2.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bulldog
covenants and agrees that during the Effective Period (as defined with respect to each Subject Fund), it will not, and will cause
its Affiliates and the Bulldog Entities and their respective representatives not to, directly or indirectly, alone or in concert
with others (including, by directing, requesting or suggesting that any other person take any of the actions set forth below),
unless specifically permitted in writing by the Subject Funds, acquire any securities issued by the Subject Funds or take any
action, directly or indirectly, including by means of any derivative securities, which would cause Bulldog and/or the Bulldog
Entities to acquire beneficial ownership of securities issued by the Subject Funds; provided that this covenant will not commence
for the Fund until after the completion of the Tender Offer (as it relates to the Fund).</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">2.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
the written request of the Fund, which shall be no more frequently than once each fiscal year of the Fund, Bulldog will notify
the Fund in writing of the number of Common Shares beneficially owned by it and its Affiliates and the Bulldog Entities. Bulldog
shall take all actions practical to prevent its present and future general partners, members, directors, officers and Affiliates,
and any Bulldog Entity, from engaging in conduct otherwise prohibited by this Agreement.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">2.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bulldog
represents and warrants as follows:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(a) It has the
power and authority to execute, deliver and carry out the terms and provisions of this Agreement and to consummate the transactions
contemplated hereby.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(b) This Agreement
has been duly and validly authorized, executed and delivered by it and is enforceable against Bulldog in accordance with its terms.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(c) The execution
and delivery of this Agreement and the consummation of the transactions contemplated hereby will not contravene any provision
of law applicable to it.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(d) Bulldog beneficially
owns, directly or indirectly, and has the power to vote all the Common Shares as described in the recitals to this Agreement,
and its ownership of Common Shares has at all times complied with applicable provisions of the 1940 Act.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(e) As of the date
hereof, neither Bulldog nor any of its Affiliates is a party to any derivative securities, including without limitation any swap
or hedging transactions or other derivative agreement, or any securities lending or short sale arrangements, of any nature with
respect to the Common Shares.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">2.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Fund, the Adviser and the Sub-Adviser each represent and warrant as follows:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(a) It has the
power and authority to execute, deliver and carry out the terms and provisions of this Agreement and to consummate the transactions
contemplated hereby.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(b) This Agreement
has been duly and validly authorized, executed and delivered by it and is enforceable against it in accordance with its terms.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(c) The execution
and delivery of this Agreement and the consummation of the transactions contemplated hereby will not contravene any provision
of law applicable to it.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 67.5pt"><FONT STYLE="color: Black">2.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Adviser covenants and agrees that, (i) following the certification by the Fund&rsquo;s inspector of election of the approval of
each of the Change of Control Approvals by the vote of a majority of the outstanding voting securities of the Fund (as defined
in the 1940 Act), the Adviser or its affiliate (excluding, for the avoidance of doubt, the Fund) will promptly pay to Bulldog
or its Affiliates, in reimbursement of its proxy solicitation costs for the proxy contest for the Fund, cash in the amount of
$100,000 by wire in accordance with separate written instructions to be provided by Bulldog and (ii) following the certification
by the inspector of election of the results of the July 6, 2020 shareholder meeting for the Subject Funds, the Adviser or its
affiliate (excluding, for the avoidance of doubt, the Fund) will promptly pay to Bulldog or its Affiliates, in reimbursement of
its proxy solicitation costs for the proxy contest for such fund, cash in the amount of $100,000 by wire in accordance with separate
written instructions to be provided by Bulldog.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 67.5pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 67.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">2.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Fund covenants and agrees that, during the Effective Period, it will </FONT><FONT STYLE="color: Black">not, directly or indirectly,
alone or in concert with others (including, by directing, requesting or suggesting that any other person take any of the actions
set forth in this Section 2.8), <FONT STYLE="font-family: Times New Roman, Times, Serif">institute, solicit, knowingly assist
or join any litigation, arbitration or other proceeding against or involving </FONT>Bulldog <FONT STYLE="font-family: Times New Roman, Times, Serif">or
any of the current or former directors or officers (including derivative actions) of Bulldog; provided, however, that for the
avoidance of doubt the foregoing shall not prevent the Fund from (A) bringing litigation to enforce the provisions of this Agreement,
(B) making counterclaims with respect to any proceeding initiated by, or on behalf of, Bulldog against the Fund, or (C) responding
to or complying with a validly issued legal process.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 67.5pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in; text-align: justify"><FONT STYLE="color: Black">Section
3.&#9;<FONT STYLE="font-family: Times New Roman, Times, Serif"><I>Public Announcement</I></FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
later than one business day following the date of this Agreement, the Fund </FONT><FONT STYLE="color: Black">shall <FONT STYLE="font-family: Times New Roman, Times, Serif">issue
one press release substantially in the form attached as <U>Exhibit A</U> (the &ldquo;<B>Fund Press Release</B>&rdquo;), Bulldog
shall issue one press release substantially in the form attached as <U>Exhibit B</U> (the &ldquo;<B>Bulldog Press Release</B>&rdquo;
and, together with the Fund Press Release, the &ldquo;<B>Press Releases</B>&rdquo;), and no party shall make any public statement
inconsistent with the Press Releases during the Effective Period in connection with the announcement of this Agreement. No party
shall issue additional press releases in connection with this Agreement or the actions contemplated hereby without the prior written
consent of the other party except as provided below. Nothing in this Agreement shall prevent (a) any Party from taking any action
required by any governmental or regulatory authority (except to the extent such requirement arose by discretionary acts by any
Party), including without limitation any statements, filings, notices or announcements made in the context of an issuer tender
offer conducted under Section 13(e)(1) of, or pursuant to Schedule TO under, the Exchange Act, (b) any Party from making any factual
statement that is required in any compelled testimony or production of information, either by legal process, by subpoena or as
part of a response to a request for information from any governmental authority with jurisdiction over such Party or as otherwise
legally required and (c) subject to Section 5.1 of this Agreement, any Party from communicating privately with their respective
investors, prospective investors and governance boards regarding the terms of this Agreement.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">3.2 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">Bulldog
shall promptly prepare and file an amendment to its Schedule 13D filed with the U.S. Securities and Exchange Commission (&ldquo;<B>SEC</B>&rdquo;)
for the Fund reporting the entry into this Agreement (which will not contain any statement inconsistent with the Press Releases).
Bulldog shall also file a copy of this Agreement or a summary thereof as an exhibit to the Schedule 13D amendment.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">3.3 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything in this Agreement to the contrary, the Parties acknowledge and agree that the Fund may not effect a merger, reorganization
with another registered investment company for which the Adviser or the Sub-Adviser or their affiliates (or with any other funds
that are managed or advised by a successor adviser or sub-adviser) serves as investment adviser (whether or not the Fund is the
surviving company) nor issue additional shares at any time before the payment of the Tender Offer proceeds<FONT STYLE="font-family: Times New Roman, Times, Serif">.
The Parties acknowledge and agree that the Fund may merge or reorganize with another registered investment company for which the
Adviser or the Sub-Adviser or their affiliates </FONT>(or with any other funds that are managed or advised by a successor adviser
or sub-adviser) <FONT STYLE="font-family: Times New Roman, Times, Serif">serves as investment adviser (whether or not the Fund
is the surviving company) at any time after the payment of the Tender Offer proceeds. The Fund will ensure that the company surviving
any such merger or reorganization with the Fund effects it in a manner that preserves the benefits of this Agreement.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in; text-align: justify"><FONT STYLE="color: Black">Section
4.&#9;<FONT STYLE="font-family: Times New Roman, Times, Serif"><I>Termination</I></FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything herein to the contrary, if the Fund fails to complete the Tender Offer and distribute the proceeds in cash to the participating
shareholders before September 30, 2020 this Agreement shall terminate and be of no further force or effect.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Otherwise,
this Agreement shall remain in full force and effect until the earlier of:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(a) the end of
the Effective Period;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(b) such other
date as may be established by mutual written agreement of the Fund, the Adviser, the Sub-Adviser and Bulldog; and</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">(c) upon ten (10)
business days&rsquo; prior written notice by Bulldog or one of its Affiliates following any such material breach of this Agreement
by the Fund if such breach has not been cured within such notice period, provided that Bulldog is not in material breach of this
Agreement at the time such notice is given.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 91.8pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">4.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Section
6</U> will survive the termination of this Agreement. No termination pursuant to <U>Section 4.1</U> relieves any Party from liability
for any breach of this Agreement prior to such termination.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in; text-align: justify"><FONT STYLE="color: Black">Section
5.&#9;<FONT STYLE="font-family: Times New Roman, Times, Serif"><I>No Disparagement</I></FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Fund, the Adviser, the Sub-Adviser and Bulldog shall each refrain </FONT><FONT STYLE="color: Black">from <FONT STYLE="font-family: Times New Roman, Times, Serif">making,
and shall cause their respective affiliates and its and their respective principals, directors, members, general partners, officers,
agents, advisors, and employees not to make or cause to be made any statement or announcement, including in any document or report
filed with or furnished to the SEC or through the press, media, analysts or other persons, that constitutes an <I>ad hominem</I>
attack on, or otherwise, whether true or false, disparages, defames, slanders, impugns or is reasonably likely to damage the reputation
of, (a) in the case of such statements or announcements by Bulldog: any Subject Fund or any of its affiliates, subsidiaries or
advisers (including the Adviser and any sub-adviser of a Subject Fund), or any of its or their respective current or former officers,
directors or employees (including, without limitation, any statements or announcements regarding the Subject Fund&rsquo;s strategy,
operations, performance, products or services), and (b) in the case of statements or announcements by the Fund, the Adviser or
the Sub-Adviser: Bulldog and its Affiliates, subsidiaries or advisors, or any of its or their respective principals, directors,
members, general partners, officers, or employees or any person who has served in any such capacity with respect to Bulldog and
Bulldog&rsquo;s advisors.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in; text-align: justify"><FONT STYLE="color: Black">Section
6.&#9;<FONT STYLE="font-family: Times New Roman, Times, Serif"><I>Miscellaneous</I></FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Specific
Performance</U>. Each Party hereto hereby acknowledges and agrees that irreparable harm will occur in the event any of the provisions
of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed
that the Parties will be entitled to seek specific performance hereunder, including, without limitation, an injunction or injunctions
to prevent and enjoin breaches of the provisions of this Agreement and to enforce specifically the terms and provisions hereof
in any state or federal court in the State of New York, in addition to any other remedy to which they may be entitled at law or
in equity. Any requirements for the securing or posting of any bond with respect to any such remedy are hereby waived. All rights
and remedies under this Agreement are cumulative, not exclusive, and will be in addition to all rights and remedies available
to any Party at law or in equity.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Jurisdiction;
Venue; Waiver of Jury Trial</U>. The Parties hereto hereby irrevocably and unconditionally consent to and submit to the jurisdiction
of the state or federal courts in the State of New York for any actions, suits or proceedings arising out of or relating to this
Agreement or the transactions contemplated hereby. The Parties irrevocably and unconditionally waive any objection to the laying
of venue of any action, suit or proceeding arising out of this Agreement, or the transactions contemplated hereby, in the state
or federal courts in the State of New York, and hereby further irrevocably and unconditionally waive and agree not to plead or
claim in any such court that any such action, suit or proceeding brought in any such court has been brought in an inconvenient
forum. Each of the Parties waives all right to trial by jury in any action, proceeding or counterclaim (whether based upon contract,
tort or otherwise) in any way arising out of or relating to this Agreement.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Entire
Agreement</U>. This Agreement contains the entire understanding of the Parties with respect to the subject matter hereof and may
be amended only by an agreement in writing executed by the Parties hereto. This Agreement supersedes all previous negotiations,
representations and discussions by the Parties hereto concerning the subject matter hereof, and integrates the whole of all of
their agreements and understanding concerning same. No prior oral representations or undertakings concerning the subject matter
hereof will operate to amend, supersede, or replace any of the terms or conditions set forth in this Agreement, nor will they
be relied upon.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Section
Headings</U>. Descriptive headings are for convenience only and will not control or affect the meaning or construction of any
provision of this Agreement.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notice</U>.
All notices, consents, requests, instructions, approvals and other communications provided for herein and all legal process in
regard hereto will be validly given, made or served, if in writing and sent by email, with a copy by personal delivery, certified
mail, return receipt requested, or by overnight courier service to:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt"><FONT STYLE="color: Black">If to the Fund, to:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">BrandywineGLOBAL &ndash; Global
Income Opportunities Fund Inc.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">620 Eighth Avenue, 49th Floor</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">New York, New York 10018</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Attention: Robert I. Frenkel</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Secretary and Chief Legal Officer</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Email: RIFrenkel@leggmason.com</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.7pt"><FONT STYLE="color: Black">with a copy to (which copy
shall not constitute notice):</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.7pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Simpson Thacher &amp; Bartlett
LLP</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">900 G Street, N.W.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Washington, D.C. 20001</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Attention: David W. Blass and
Ryan P. Brizek</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Emails: David.Blass@stblaw.com</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt; text-indent: 0.5in"><FONT STYLE="color: Black">Ryan.Brizek@stblaw.com</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.7pt"><FONT STYLE="color: Black">If to the Adviser, to:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.7pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Legg Mason Partners Fund Advisor,
LLC</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">620 Eighth Avenue, 49th Floor</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">New York, New York 10018</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Attention: Thomas C. Mandia</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Secretary</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Email: TCMandia@leggmason.com</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.7pt"><FONT STYLE="color: Black">If to the Sub-Adviser, to:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.7pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Brandywine Global Investment
Management, LLC</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">1735 Market Street, Suite 1800</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Philadelphia, Pennsylvania
19103</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Attention: Christopher Marzullo</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">General Counsel and Chief Compliance
Officer</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Email: Christopher.Marzullo@brandywineglobal.com</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt"><FONT STYLE="color: Black">If to Bulldog, to:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 67.5pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Bulldog Investors, LLC</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 63pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">Park
80 West &ndash; Plaza Two</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">250 Pehle Avenue, Suite 708</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Saddle Brook, NJ 07663</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 99pt"><FONT STYLE="color: Black">Attention: Phillip Goldstein</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 130.5pt; text-indent: -31.3pt"><FONT STYLE="color: Black">Email:
pgoldstein@bulldoginvestors.com</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 130.5pt; text-indent: -31.3pt"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Severability.
Any provision of this Agreement that is invalid or unenforceable in any jurisdiction will, as to such jurisdiction, be ineffective
to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining provisions of this
Agreement or affecting the validity or enforceability of any provisions of this Agreement in any other jurisdiction. In addition,
the Parties agree to use their reasonable commercial efforts to agree upon and substitute a valid and enforceable term, provision,
covenant or restriction for any such term, provision, covenant or restriction that is held invalid, void or unenforceable by a
court of competent jurisdiction.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses.
Except as set forth in Section 2.7, all attorneys&rsquo; fees, costs and expenses incurred in connection with this Agreement and
all matters related hereto will be paid by the party incurring such fees, costs or expenses.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Governing
Law. This Agreement will be governed by and construed and enforced in accordance with the laws of the State of New York, without
regard to the conflict of law principles thereof.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Binding
Effect; No Assignment. This Agreement will be binding upon and inure to the benefit of and be enforceable by the successors and
assigns of the Parties hereto. Nothing in this Agreement, expressed or implied, is intended to confer on any person other than
the Parties hereto and those categories of persons specifically enumerated herein, or their respective successors and assigns
any rights, remedies, obligations or liabilities under or by reason of this Agreement. No Party to this Agreement may, directly
or indirectly, assign its rights or delegate its obligations hereunder (whether voluntarily, involuntarily, or by operation of
law) without the prior written consent of the other Parties. Any such attempted assignment will be null and void.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amendments;
Waivers. No provision of this Agreement may be amended other than by an instrument in writing signed by the Parties hereto, and
no provision hereof may be waived other than by an instrument in writing signed by the Party against whom enforcement is sought.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Receipt
of Adequate Information; No Reliance; Representation by Counsel. Each party acknowledges that it has received adequate information
to enter into this Agreement, that is has not relied on any promise, representation or warranty, express or implied not contained
in this Agreement and that it has been represented by counsel in connection with this Agreement. Accordingly, any rule of law
or any legal decision that would provide any party with a defense to the enforcement of the terms of this Agreement against such
party by reason of the foregoing shall have no application and is expressly waived. The provisions of the Agreement shall be interpreted
in a reasonable manner to effect the intent of the parties.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="color: Black">6.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Counterparts;
Electronic Execution. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which
together will constitute one and the same instrument. Delivery of an executed signature page of this Agreement by email or other
electronic means shall be effective as delivery of a manually executed counterparty hereof.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">[Signature Pages
Follow]</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">In
Witness Whereof</FONT><FONT STYLE="color: Black">, the Parties hereto have executed this Agreement as of the date first above
written.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="color: Black"><B>BrandywineGLOBAL &ndash; Global Income Opportunities
    Fund Inc.</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">/s/ Jane Trust</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black"><B>Legg Mason
    Partners Fund Advisor, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">/s/ Jane Trust</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-indent: 0in"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="color: Black"><B>Brandywine Global Investment Management, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-indent: -0.25in"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black"><B>Bulldog
    Investors, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">In
Witness Whereof</FONT><FONT STYLE="color: Black">, the Parties hereto have executed this Agreement as of the date first above
written.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="color: Black"><B>BrandywineGLOBAL &ndash; Global Income Opportunities
    Fund Inc.</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 256.5pt; text-indent: -0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black"><B>Legg Mason
    Partners Fund Advisor, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 256.5pt; text-indent: -0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="color: Black"><B>Brandywine Global Investment Management, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">/s/ Adam Spector</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 256.5pt; text-indent: -0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black"><B>Bulldog
    Investors, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 256.5pt; text-indent: -0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 256.5pt"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">In
Witness Whereof</FONT><FONT STYLE="color: Black">, the Parties hereto have executed this Agreement as of the date first above
written.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="color: Black"><B>BrandywineGLOBAL &ndash; Global Income Opportunities
    Fund Inc.</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-indent: 0in"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black"><B>Legg Mason
    Partners Fund Advisor, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 256.5pt; text-indent: -0.25in"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="color: Black"><B>Brandywine Global Investment Management, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title:</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 3.5in; text-indent: -0.25in"><FONT STYLE="color: Black"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black"><B>Bulldog
    Investors, LLC</B></FONT></TD>
    <TD STYLE="text-indent: 0in; width: 15%"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; margin: 0; padding: 0"><FONT STYLE="color: Black">/s/ Phillip Goldstein</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Name: Phillip Goldstein</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="color: Black">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">Title: Member</FONT></TD>
    <TD STYLE="text-indent: 0in"><FONT STYLE="color: Black">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>&nbsp;</B></FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>Exhibit
A</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>Fund
Press Release</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>&nbsp;</B></FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>BrandywineGLOBAL
&ndash; Global Income Opportunities Fund Inc.</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>Announces
Plan for Tender Offer</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">NEW
YORK &ndash; <U>(BUSINESS WIRE)</U> &ndash; July [&bull;], 2020. </FONT><FONT STYLE="color: Black">BrandywineGLOBAL &ndash; Global
Income Opportunities Fund Inc. <FONT STYLE="font-family: Times New Roman, Times, Serif">(NYSE: BWG) announced today that the Fund&rsquo;s
Board of Directors has authorized (subject to certain conditions) a cash tender offer for up to 20% of the Fund&rsquo;s outstanding
shares of common stock (the &ldquo;Shares&rdquo;) at a price per Share equal to 99.5% of the Fund&rsquo;s net asset value per
Share as of the business day immediately following the expiration date of the tender offer. The commencement of the tender offer
will commence as soon as practicable as determined by the Fund&rsquo;s board of directors. The Fund will repurchase Shares tendered
and accepted in the tender offer in exchange for cash. In the event the tender offer is oversubscribed, Shares will be repurchased
on a pro rata basis.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The commencement
of the tender offer is pursuant to an agreement between the Fund and Bulldog Investors, LLC (&ldquo;Bulldog&rdquo;) and certain
associated parties (the &ldquo;Settlement Agreement&rdquo;). During the effective period of the Settlement Agreement, Bulldog
has agreed to (1) be bound by the terms of the Settlement Agreement, including certain standstill covenants, and (2) generally
seek to cause its Shares to be voted on all proposals submitted to shareholders in accordance with the recommendation of the Fund&rsquo;s
board of directors. The Fund has been advised that Bulldog will file a copy of the Settlement Agreement with the U.S. Securities
and Exchange Commission (&ldquo;SEC&rdquo;) as an exhibit to its Schedule 13D.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">The Fund has not
commenced the tender offer described in this release. This announcement is not a recommendation, an offer to purchase or a solicitation
of an offer to sell shares of the Fund and the above statements are not intended to constitute an offer to participate in any
tender offer. Information about the tender offer, including its commencement, will be provided by future public announcements.
Shareholders will be notified in accordance with the requirements of the Securities Exchange Act of 1934, as amended, and the
Investment Company Act of 1940, as amended, either by publication or mailing or both. The tender offer will be made only by an
offer to purchase, a related letter of transmittal, and other documents to be filed with the SEC. Shareholders of the Fund should
read the offer to purchase and tender offer statement and related exhibits when those documents are filed and become available,
as they will contain important information about the tender offer. These and other filed documents will be available to investors
for free both at the website of the SEC and from the Fund. There can be no assurance that any Share repurchases will reduce or
eliminate the discount of the Fund&rsquo;s market price per Share to the Fund&rsquo;s net asset value per Share.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">BrandywineGLOBAL
&ndash; Global Income Opportunities Fund Inc.<FONT STYLE="font-family: Times New Roman, Times, Serif">, a non-diversified, closed-end
management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc.
and is sub-advised by </FONT>Brandywine Global Investment Management, LLC<FONT STYLE="font-family: Times New Roman, Times, Serif">,
an affiliate of the investment manager.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">This press release
may contain statements regarding plans and expectations for the future that constitute forward-looking statements within the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements are based on each Fund&rsquo;s current plans and expectations,
and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking
statements. Additional information concerning such risks and uncertainties are contained in each Fund&rsquo;s filings with the
SEC.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">For more information
about the Fund, please call Investor Relations: 1-888-777-0102, or consult each Fund&rsquo;s web site at www.lmcef.com. The information
contained on each Fund&rsquo;s web site is not part of this press release. Hard copies of each Fund&rsquo;s complete audited financial
statements are available free of charge upon request.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">Media Contact:
Fund Investor Services-1-888-777-0102</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<!-- Field: Page; Sequence: 18 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>Exhibit
B</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-variant: small-caps; color: Black"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">Bulldog Press Release</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps; color: Black">BULLDOG
INVESTORS REACHES </FONT><FONT STYLE="font-variant: small-caps; color: Black">AGREEMENT WITH </FONT><FONT STYLE="text-transform: uppercase; color: Black">BrandywineGLOBAL
&ndash; <BR>
Global Income Opportunities Fund Inc. to tender 20% of its shares</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 84.95pt; text-align: center; text-indent: -84.95pt"><FONT STYLE="font-variant: small-caps; color: Black">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-variant: small-caps; color: Black">New York,
NY &ndash; [ _ ] &ndash; Bulldog Investors, LLC and certain associated parties (collectively &ldquo;Bulldog&rdquo;) today issued
the following statement regarding an agreement with BrandywineGLOBAL &ndash; Global Income Opportunities Fund Inc. (ticker: BWG)
(the &ldquo;Fund&rdquo;).</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-variant: small-caps; color: Black">&ldquo;We
are pleased to have reached this agreement with the Board, which is the result of ongoing constructive engagement. We believe
the agreement will benefit all shareholders by providing them the opportunity to tender their shares at a price close to the Fund&rsquo;s
net asset value.&rdquo;</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-variant: small-caps; color: Black">Under the
terms of the agreement, the Fund will conduct a cash tender offer for up to 20% of the Fund&rsquo;s outstanding shares of common
stock at a price per share equal to 99.5% of the Fund&rsquo;s net asset value (&ldquo;NAV&rdquo;) per share as soon as practicable
as determined by the Fund&rsquo;s board of directors. The Fund will repurchase shares tendered and accepted in the tender offer
in exchange for cash. In addition, Bulldog has agreed to certain standstill covenants</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; color: Black">.</FONT></P>

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