Products

WESTERN ASSET FUNDS

A comprehensive lineup of closed-end funds that look for the most compelling investment opportunities across the global bond marketplace. These wide-reaching funds focus on developed international and emerging markets, corporate and municipal bond sectors, investment-grade and high-yield securities.

ROYCE FUNDS

Tapping into Royce's 30-year track record investing in smaller companies, these closed-end funds seek targeted investment opportunities within this market segment.

LMP Funds

A select group of closed-end funds that seeks unique investment opportunities within global equity and fixed-income markets, as well as within specialized sectors such as floating-rate loans and Real Estate Investment Trusts (REITs).

Equity Global Fixed income Lifestyle Flexible balanced Money Market

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With a focus on investment-grade corporate bonds, this new closed-end fund offers access to the credit research and management expertise of Western Asset. Click the link below for the brochure.

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Western Asset Municipal Defined Opportunity Trust Inc. (MTT) declares its initial distribution and monthly distributions for June, July & August 2009 – the first declared since the Fund's March 2009 IPO.

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These quarterly conference calls and commentaries provide market and strategy insight from our portfolio managers and or research analysts for our family of closed-end funds.

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The Funds are not sold or distributed by Legg Mason Investor Services, LLC ("LMIS") or any affiliate of Legg Mason, Inc. Shares of the funds are bought and sold through non-affiliated broker/dealers and trade on the NYSE/NYSE Alternext.

Like other public companies, closed-end funds have a one-time initial public offering. Thus, once their shares are first issued, shares are not continually offered by the closed-end fund, but trade in the open market through a stock exchange. Also, like other common stocks, share prices of closed-end funds will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of closed-end exchange-traded funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value (a price that reflects the value of the fund's underlying portfolio plus other assets, less the fund's liabilities divided by the number of shares outstanding). Investment return, price and net asset value will fluctuate with changes in market conditions.

An investment in the Funds on this Web site involve risk, including the loss of principal. The historical data on this Web site is provided for information only and is not intended for trading purposes.

All investments involve risk, including possible loss of principal.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

This site is intended for U.S. investors only. The products and services described on this site are generally not available to non-U.S. investors.