497K 1 c497k.htm

90503-P2 04/26

  

 

LEGG MASON GLOBAL ASSET MANAGEMENT TRUST
SUPPLEMENT DATED APRIL 17, 2026,
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION (“SAI”)
DATED MAY 1, 2025, OF
BRANDYWINEGLOBAL – GLOBAL OPPORTUNITIES BOND FUND (THE “FUND”)

 
All changes described below are effective September 30, 2026.

I.  The following replaces the reference to John P. McIntyre in the section titled “Management – Portfolio managers” in the Fund’s Summary Prospectus and Prospectus, respectively:
   

Portfolio manager

Title

Portfolio manager
of the fund since

Michael Arno, CFA

Portfolio Manager

September 2026

II. The following replaces the reference to John P. McIntyre in the section titled “More on fund management – Portfolio managers” in the Fund’s Prospectus:

 

   

Portfolio manager

Title and recent biography

Portfolio manager
of the fund since

Michael Arno, CFA

Mr. Arno is a Portfolio Manager and Senior Research Analyst on the Global Fixed Income team. He is responsible for providing research analysis and portfolio management on the firm’s global credit, multi-sector, and emerging market fixed income related strategies. Previously, he had been a research analyst on the team since 2011 with a focus on global credit and emerging markets. Mike joined Brandywine Global as a product specialist within client service in 2006. Prior to joining Brandywine Global in 2006, Mike was an associate of Vanguard Group (2004-2006). Mike earned a B.S. in Finance from Temple University.

September 2026

III. The following replaces the reference to John P. McIntyre in the table in the section titled “Portfolio Managers – Other


Accounts Managed by the Portfolio Managers” in the Fund’s SAI:

 

      

Portfolio Managers

 

Type 
of 
Account

 

Number of
Accounts
Managed 

 

Total 

Assets
Managed
(Billions) 

($) 

 

Number of
Accounts
Managed for
which 

Advisory
Fee is
Performance-
Based 

 

Assets
Managed for
which 

Advisory
Fee is
Performance-
Based
(Billions)

 ($)

 

Michael Arno*

Registered 
Investment
Companies

2

0.52

None

None

 

Other Pooled
Investment Vehicles

18

5.32

1

0.19

 

Other Accounts

6

2.26

1

0.92

* The information is as of March 31, 2026.

IV. The following replaces the reference to John P. McIntyre in the table in the section titled “Portfolio Managers – Portfolio Managers Securities Ownership” in the Fund’s SAI:

 

  

Portfolio Managers

 

Dollar Range of Ownership of Securities ($)

 

Michael Arno*

None

* The information is as of March 31, 2026.

Please retain this supplement for future reference.