PRESS RELEASE


Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2018


May 14, 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 June, July and August 2018.

The following dates apply to the distribution schedule below:

Month       Record Date     Ex-Dividend Date     Payable Date
June       6/22/2018     6/21/2018     7/2/2018
July       7/20/2018     7/19/2018     8/1/2018
August       8/24/2018     8/23/2018     9/4/2018
             
                     
Ticker     Fund Name     Month     Amount         Type    

Change
from
Previous
Distribution

TLI Western Asset Corporate Loan Fund Inc. Jun $0.05300 Income -
Jul $0.05300 Income
            Aug     $0.05300         Income      
HIX Western Asset High Income Fund II Inc. Jun $0.04550 Income -
Jul $0.04550 Income
            Aug     $0.04550         Income      
HIO Western Asset High Income Opportunity Fund Inc. Jun $0.02650 Income -
Jul $0.02650 Income
            Aug     $0.02650         Income      
HYI Western Asset High Yield Defined Opportunity Fund Inc. Jun $0.08850 Income -
Jul $0.08850 Income
            Aug     $0.08850         Income      
EHI Western Asset Global High Income Fund Inc. Jun $0.06100 Income -
Jul $0.06100 Income
            Aug     $0.06100         Income      
GDO Western Asset Global Corporate Defined Opportunity Fund Inc. Jun $0.10100 a Income $(0.0075)
Jul $0.10100 Income
            Aug     $0.10100         Income      
GFY Western Asset Variable Rate Strategic Fund Inc. Jun $0.07750 Income -
Jul $0.07750 Income
            Aug     $0.07750         Income      
IGI Western Asset Investment Grade Defined Opportunity Trust Inc. Jun $0.08500 Income -
Jul $0.08500 Income
            Aug     $0.08500         Income      
DMO Western Asset Mortgage Defined Opportunity Fund Inc. Jun $0.19000 a Income $(0.0150)
Jul $0.19000 Income
            Aug     $0.19000         Income      
SBI Western Asset Intermediate Muni Fund Inc. Jun $0.02950 b Income -
Jul $0.02950 Income
            Aug     $0.02950         Income      
MMU Western Asset Managed Municipals Fund Inc. Jun $0.05800 a Income $(0.0050)
Jul $0.05800 Income
            Aug     $0.05800         Income      
MHF Western Asset Municipal High Income Fund Inc. Jun $0.02550 c Income -
Jul $0.02550 Income
            Aug     $0.02550         Income      
MNP Western Asset Municipal Partners Fund Inc. Jun $0.05750 a, d Income $(0.0050)
Jul $0.05750 Income
            Aug     $0.05750         Income      
MTT Western Asset Municipal Defined Opportunity Trust Inc. Jun $0.07900 a Income $(0.0050)
Jul $0.07900 Income
            Aug     $0.07900         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

Included in the June distribution is approximately $0.000022 of taxable ordinary income.

c

Included in the June distribution is approximately $0.000396 of taxable ordinary income.

d

Included in the June distribution is approximately $0.000022 of taxable ordinary income.

 

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, 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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