PRESS RELEASE


Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October and November 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 September, October and November 2017.

The following dates apply to the distribution schedule below:

Month      Record Date      Ex-Dividend Date      Payable Date
September      9/22/2017      9/21/2017      10/02/2017
October      10/20/2017      10/19/2017      11/01/2017
November      11/24/2017      11/22/2017      12/01/2017
 
Ticker  Fund Name  Month  Amount   Type  

Change
from
Previous
Distribution

TLI  Western Asset Corporate Loan Fund Inc.  Sep  $0.06000  a  Income  $(0.0075)
      Oct  $0.06000     Income   
      Nov  $0.06000     Income   
HIX  Western Asset High Income Fund II Inc.  Sep  $0.04900  a  Income  $(0.0010)
      Oct  $0.04900     Income   
      Nov  $0.04900     Income   
HIO  Western Asset High Income Opportunity Fund Inc.  Sep  $0.02900  a  Income  $(0.0010)
      Oct  $0.02900     Income   
      Nov  $0.02900     Income   
HYI  Western Asset High Yield Defined Opportunity Fund Inc.  Sep  $0.09500  a  Income  $(0.0050)
      Oct  $0.09500     Income   
      Nov  $0.09500     Income   
EHI  Western Asset Global High Income Fund Inc.  Sep  $0.06650  a  Income  $(0.0010)
      Oct  $0.06650     Income   
      Nov  $0.06650     Income   
GDO  Western Asset Global Corporate Defined Opportunity Fund Inc.  Sep  $0.11350     Income  -
      Oct  $0.11350     Income   
      Nov  $0.11350     Income   
GFY  Western Asset Variable Rate Strategic Fund Inc.  Sep  $0.07750     Income  -
      Oct  $0.07750     Income   
      Nov  $0.07750     Income   
IGI  Western Asset Investment Grade Defined Opportunity Trust Inc.  Sep  $0.0850  a  Income  $(0.0050)
      Oct  $0.0850     Income   
      Nov  $0.0850     Income   
DMO  Western Asset Mortgage Defined Opportunity Fund Inc.  Sep  $0.07660  a, b  Income  $(0.0100)
      Sep  $0.14840  a, b  LTCG   
      Oct  $0.22500     Income   
      Nov  $0.22500     Income   
SBI  Western Asset Intermediate Muni Fund Inc.  Sep  $0.03400  a  Income  $(0.0024)
      Oct  $0.03400     Income   
      Nov  $0.03400     Income   
MMU  Western Asset Managed Municipals Fund Inc.  Sep  $0.06300     Income  -
      Oct  $0.06300     Income   
      Nov  $0.06300     Income   
MHF  Western Asset Municipal High Income Fund Inc.  Sep  $0.02550     Income  -
      Oct  $0.02550   Income   
      Nov  $0.02550     Income   
MNP  Western Asset Municipal Partners Fund Inc.  Sep  $0.06250  a  Income  $(0.0050)
      Oct  $0.06250     Income   
      Nov  $0.06250     Income   
MTT  Western Asset Municipal Defined Opportunity Trust Inc.  Sep  $0.08400     Income  -
      Oct  $0.08400     Income   
      Nov  $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 decreased by $0.0100 from prior month - $0.02250 ($0.0766 per share from income and $0.1484 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.

 

Media Contact