PRESS RELEASE


Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2017


October 18, 2017

 

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 2017.

The following dates apply to the distribution schedule below:

                
Month    Record Date    Ex-Dividend Date    Payable Date
June    6/23/2017    6/21/2017    7/03/2017
July    7/21/2017    7/19/2017    8/01/2017
August    8/25/2017    8/23/2017    9/01/2017
                
                    
Ticker  Fund Name  Month  Amount     Type  

Change
from
Previous
Distribution

 

TLI

  Western Asset Corporate Loan Fund Inc.  June  $0.06750  a  Income  $(0.0050) 
      July  $0.06750     Income    
      Aug  $0.06750     Income    

HIX

  Western Asset High Income Fund II Inc.  June  $0.05000  a  Income  $(0.0025) 
      July  $0.05000     Income    
      Aug  $0.05000     Income    

HIO

  Western Asset High Income Opportunity Fund Inc.  June  $0.03000  a  Income  $(0.0005) 
      July  $0.03000     Income    
      Aug  $0.03000     Income    
HYI  Western Asset High Yield Defined Opportunity Fund Inc.  June  $0.10000  a  Income  $(0.0005) 
      July  $0.10000     Income    
      Aug  $0.10000     Income    
EHI  Western Asset Global High Income Fund Inc.  June  $0.06750  a  Income  $(0.0075) 
      July  $0.06750     Income    
      Aug  $0.06750     Income   

 

GDO  Western Asset Global Corporate Defined Opportunity Fund Inc.  June  $0.11350     Income  

-

 
      July  $0.11350     Income    
      Aug  $0.11350     Income    
GFY  Western Asset Variable Rate Strategic Fund Inc.  June  $0.07750     Income  

-

 
      July  $0.07750     Income  

 

 
      Aug  $0.07750     Income    
IGI  Western Asset Investment Grade Defined Opportunity Trust Inc.  June  $0.07790  b  Income  

-

 
      June  $0.01210  b  LTCG    
      July  $0.09000     Income    
      Aug  $0.09000     Income    
DMO  Western Asset Mortgage Defined Opportunity Fund Inc.  June  $0.23500     Income  

-

 
      July  $0.23500     Income    
      Aug  $0.23500     Income    
SBI  Western Asset Intermediate Muni Fund Inc.  June  $0.03640     Income  

-

 
      July  $0.03640     Income    
      Aug  $0.03640     Income    
MMU  Western Asset Managed Municipals Fund Inc.  June  $0.06300     Income  

-

 
      July  $0.06300     Income    
      Aug  $0.06300     Income    
MHF  Western Asset Municipal High Income Fund Inc.  June  $0.02550     Income  

-

 
      July  $0.02550     Income    
      Aug  $0.02550     Income  

 

 
MNP  Western Asset Municipal Partners Fund Inc.  June  $0.06750     Income  

-

 
      July  $0.06750     Income    
      Aug  $0.06750     Income    
MTT  Western Asset Municipal Defined Opportunity Trust Inc.  June  $0.08400     Income  

-

 
      July  $0.08400     Income    
      Aug  $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 Total monthly distribution unchanged from prior month - $0.0900 ($0.0779 per share from income and $0.0121 per share from LTCG)
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, 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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