PRESS RELEASE


Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2017, January and February 2018


January 4, 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 2017, January and February 2018.

The following dates apply to the distribution schedule below:

             
Month   Record Date   Ex-Dividend Date   Payable Date
December   12/22/2017   12/21/2017   12/29/2017
January   1/19/2018   1/18/2018   2/01/2018
February   2/16/2018   2/15/2018   3/01/2018
             
                    
Ticker   Fund Name  Month  Amount     Type  

Change
from
Previous
Distribution

TLI   Western Asset Corporate Loan Fund Inc.  Dec  $0.05300  a  Income  $(0.0070)
       Jan  $0.05300     Income   
       Feb  $0.05300     Income   
HIX   Western Asset High Income Fund II Inc.  Dec  $0.04600  a  Income  $(0.0030)
       Jan  $0.04600     Income   
       Feb  $0.04600     Income   
HIO   Western Asset High Income Opportunity Fund Inc.  Dec  $0.02750  a  Income  $(0.0015)
       Jan  $0.02750     Income   
       Feb  $0.02750     Income   
HYI   Western Asset High Yield Defined Opportunity Fund Inc.  Dec  $0.09000  a  Income  $(0.0050)
       Jan  $0.09000     Income   
       Feb  $0.09000     Income   
EHI   Western Asset Global High Income Fund Inc.  Dec  $0.06350  a  Income  $(0.0030)
       Jan  $0.06350     Income   
       Feb  $0.06350     Income   
GDO   Western Asset Global Corporate Defined Opportunity Fund Inc.  Dec  $0.11350     Income  -
       Jan  $0.11350     Income   
       Feb  $0.11350     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  $0.02918  b  Income  -
       Dec  $0.05582  b  LTCG   
       Jan  $0.08500     Income   
       Feb  $0.08500     Income   
DMO   Western Asset Mortgage Defined Opportunity Fund Inc.  Dec  $0.22500     Income  -
       Jan  $0.22500     Income   
       Feb  $0.22500     Income   
SBI   Western Asset Intermediate Muni Fund Inc.  Dec  $0.03400     Income  -
       Jan  $0.03400     Income   
       Feb  $0.03400     Income   
MMU   Western Asset Managed Municipals Fund Inc.  Dec  $0.06300     Income  -
       Jan  $0.06300     Income   
       Feb  $0.06300     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  $0.06250     Income  -
       Jan  $0.06250     Income   
       Feb  $0.06250     Income   
MTT   Western Asset Municipal Defined Opportunity Trust Inc.  Dec  $0.08400     Income  -
       Jan  $0.08400     Income   
       Feb  $0.08400     Income   
a The Fund has decreased its distributions to a level that better approximates the current level of net investment income generated by its investment portfolio.
b 0.02918 per share from income and $0.05582 per share from LTCG – Total Distribution - $0.08500 per share.
LTCG – Long-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 2018 and early 2019, 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.

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.

 

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