Investment Objective: The Fundís primary investment objective is high income. Capital appreciation is a secondary objective.
High Yield Corporate Bonds
Sovereign Debt External Currency
Corporates External Currency
Investment Grade Corporate Bonds
Credit Quality Allocation**
|Consumer Non Cyclical||11.1%|
Top Emerging Market Countries
Average Life (years)
Effective Duration (years)
Average Coupon (%)
|(Daily NAV is available on market quotation systems using the symbol XHYIX.)|
Monthly (Declared quarterly, paid monthly)
|*||Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time.|
Credit quality is a measure of a bond issuer's ability to repay
interest and principal in a timely manner. The credit ratings shown
are based on each portfolio securityís rating as provided by
Standard and Poorís, Moodyís Investors Service and/or ||.|
|***||The Fund will not leverage its capital structure by issuing senior securities such as preferred shares or debt instruments. The Fund will also not borrow money for the purpose of leverage. The Fund may invest in reverse repurchase agreements and/or other instruments which can increase the risks and volatility of the Fund.|
An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Fixed income securities are subject to credit risk, inflation risk, call risk, and interest rate risks. As interest rates rise, bond prices fall, reducing the value of the Fund's share price. High yield or "junk bonds" are subject to additional risks.
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 Fund.
For more information, please call Fund Investor Relations at 888-777-0102 or consult the Fundís web site at www.leggmason.com/cef.
Fund Investor Relations, 888-777-0102