PRESS RELEASE


Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2018, January and February 2019


November 12, 2018

 

NEW YORK--(BUSINESS WIRE)-- Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2018, January and February 2019.

The following dates apply to the distribution schedule below:

                         
Month       Record Date       Ex-Dividend Date       Payable Date
December       12/21/2018       12/20/2018       12/31/2018
January       01/18/2019       01/17/2019       02/01/2019
February       02/15/2019       02/14/2019       03/01/2019
                 
Ticker   Fund Name   Month   Amount       Type  

Change
from
Previous
Distribution

TLI   Western Asset Corporate Loan Fund Inc.   Dec   $0.05300     Income   -
Jan $0.05300 Income
        Feb   $0.05300       Income    
HIX Western Asset High Income Fund II Inc. Dec $0.04550 Income -
Jan $0.04550 Income
        Feb   $0.04550       Income    
HIO Western Asset High Income Opportunity Fund Inc. Dec $0.02650 Income -
Jan $0.02650 Income
        Feb   $0.02650       Income    
HYI Western Asset High Yield Defined Opportunity Fund Inc. Dec $0.08850 Income -
Jan $0.08850 Income
        Feb   $0.08850       Income    
EHI Western Asset Global High Income Fund Inc. Dec $0.06100 Income -
Jan $0.06100 Income
        Feb   $0.06100       Income    
GDO Western Asset Global Corporate Defined Opportunity Fund Inc. Dec $0.10100 Income -
Jan $0.10100 Income
        Feb   $0.10100       Income    
 
GFY Western Asset Variable Rate Strategic Fund Inc. Dec $0.07750 Income -
Jan $0.07750 Income
        Feb   $0.07750       Income    
IGI Western Asset Investment Grade Defined Opportunity Trust Inc. Dec $0.01620 a STCG -
Dec $0.06880 a LTCG
Jan $0.03760 b Income
Jan $0.04740 b STCG
        Feb   $0.08500       Income    
DMO Western Asset Mortgage Defined Opportunity Fund Inc. Dec $0.17500 c Income (0.0150)
Jan $0.17500 Income
        Feb   $0.17500       Income    
SBI Western Asset Intermediate Muni Fund Inc. Dec $0.02750 c Income (0.0020)
Jan $0.02750 Income
        Feb   $0.02750       Income    
MMU Western Asset Managed Municipals Fund Inc. Dec $0.05800 Income -
Jan $0.05800 Income
        Feb   $0.05800       Income    
MHF Western Asset Municipal High Income Fund Inc. Dec $0.02550 Income -
Jan $0.02550 Income
        Feb   $0.02550       Income    
MNP Western Asset Municipal Partners Fund Inc. Dec $0.05750 Income -
Jan $0.05750 Income
        Feb   $0.05750       Income    
MTT Western Asset Municipal Defined Opportunity Trust Inc. Dec $0.07900 Income -
Jan $0.07900 Income
        Feb   $0.07900       Income    
a   $0.01620 per share from STCG and $0.06880 per share from LTCG – Total Distribution - $0.08500 per share.
b $0.03760 per share from income and $0.04740 per share from STCG – Total Distribution - $0.08500 per share.
c The Fund has decreased its distributions to a level that better approximates the current level of net investment income generated by its investment portfolio.
LTCG – Long-Term Capital Gain
STCG – Short-Term Capital Gain
 

This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2019 and early 2020, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).

For more information about the Funds, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Funds’ complete audited financial statement are available free of charge upon request.

Investment advisory and sub-advisory services are provided by subsidiaries of Legg Mason, which may include Western Asset Management Company Limited in London, Western Asset Management Company Pte. Ltd. in Singapore and Western Asset Management Company Ltd in Japan (the “WAM Subsidiaries”). The WAM Subsidiaries, indirect wholly-owned subsidiaries of Legg Mason, Inc., are compensated by Western Asset Management Company, LLC (“Western Asset”) for any allocated assets and receive 100% of the subadvisory fee paid to Western Asset with respect to such assets. The identities of the specific WAM subsidiaries can be found in the Fund’s shareholder report.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Funds.

Media Contact

Fund Investor Services 1-888-777-0102