News Column

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October and November 2014

August 18, 2014

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 2014.

The following dates apply to the distribution schedule below:

                   
Month     Record Date     Ex-Dividend Date     Payable Date
September     09/19/2014     09/17/2014     09/26/2014
October     10/24/2014     10/22/2014     10/31/2014*
November     11/21/2014     11/19/2014     11/28/2014
           
 
Ticker     Fund Name     Month     Amount     Type    

Change

from

Previous

Distribution

TLI     LMP Corporate Loan Fund Inc.     Sep     $0.07250   Income     -
Oct $0.07250 Income
            Nov     $0.07250     Income      
HIX Western Asset High Income Fund II Inc. Sep $0.06900 Income -
Oct $0.06900 Income
            Nov     $0.06900     Income      
HIO Western Asset High Income Opportunity Fund Inc. Sep $0.03550 Income -
Oct $0.03550 Income
            Nov     $0.03550     Income      
MHY Western Asset Managed High Income Fund Inc. Sep $0.03450 Income -
Oct $0.03450 Income
            Nov     $0.03450     Income      
HYI Western Asset High Yield Defined Opportunity Fund Inc. Sep $0.11000 Income -
Oct $0.11000 Income
            Nov     $0.11000     Income      
EHI Western Asset Global High Income Fund Inc. Sep $0.09625 Income -
Oct $0.09625 Income
            Nov     $0.09625     Income      
GDF Western Asset Global Partners Income Fund Inc. Sep $0.07250 Income -
Oct $0.07250 Income
            Nov     $0.07250     Income      
GDO Western Asset Global Corporate Defined Opportunity Fund Inc. Sep $0.11350a Income ($0.00250)
Oct $0.11350 Income
            Nov     $0.11350     Income      
GFY Western Asset Variable Rate Strategic Fund Inc. Sep $0.07250 Income -
Oct $0.07250 Income
            Nov     $0.07250     Income      
IGI Western Asset Investment Grade Defined Opportunity Fund Inc. Sep $0.10000 Income -
Oct $0.10000 Income
            Nov     $0.10000     Income      
DMO Western Asset Mortgage Defined Opportunity Fund Inc. Sep $0.04010 Income b
Sep $0.08590 STCG
Sep $0.03400 LTCG
Oct $0.16000 Income
            Nov     $0.16000     Income      
SBI Western Asset Intermediate Muni Fund Inc. Sep $0.04000 Income -
Oct $0.04000 Income
            Nov     $0.04000     Income      
MMU Western Asset Managed Municipals Fund Inc. Sep $0.06500 Income -
Oct $0.06500 Income
            Nov     $0.06500     Income      
MHF Western Asset Municipal High Income Fund Inc. Sep $0.02900a Income ($0.00200)
Oct $0.02900 * Income
            Nov     $0.02900     Income      
MNP Western Asset Municipal Partners Fund Inc. Sep $0.07250 Income -
Oct $0.07250 Income
            Nov     $0.07250     Income      
MTT Western Asset Municipal Defined Opportunity Trust Inc. Sep $0.08400 Income -
Oct $0.08400 Income
            Nov     $0.08400     Income      

 

 

Abbreviations: STCG – Short-Term Capital Gains; LTCG – Long-Term Capital Gains

* The payable date for Western Asset Municipal High Income Fund Inc. (MHF) is November 3, 2014 for shareholders of record date, October 24, 2014.
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. As the Fund reinvests principal and income, it reinvests at lower levels as yields remain at historic lows.
b Total amount of September distribution, $0.16000, is unchanged from prior month.
 


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 2015, 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).

Contact the Funds at 1-888-777-0102 for additional information, or consult the Funds’ web site at www.lmcef.com.

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:

Legg Mason Partners Fund Advisor, LLC

Maria Rosati, 212-805-6036

mrosati@leggmason.com

Source: Legg Mason Partners Fund Advisor, LLC


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