Press Release: Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April, and May 2021
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April, and May 2021
NEW YORK--(BUSINESS WIRE)--February 17, 2021--
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April, and May 2021.
The following dates apply to the distribution schedule below:
Month Record Date Ex-Dividend Date Payable Date
----- ----------- ---------------- ------------
March 3/24/2021 3/23/2021 4/1/2021
----- ----------- ---------------- ------------
April 4/23/2021 4/22/2021 5/3/2021
----- ----------- ---------------- ------------ May 5/21/2021 5/20/2021 6/1/2021
----- ----------- ---------------- ------------ Change from Previous
Ticker Fund Name Month Amount Type Distribution
------- -------------------------- ------ -------- ------ ------------- Western Asset High Income
HIX Fund II Inc. March $0.04900 Income - April $0.04900 Income May $0.04900 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset High Income
HIO Opportunity Fund Inc. March $0.03000 Income (0.0025) April $0.03000 Income May $0.03000 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset High Yield Defined Opportunity Fund
HYI Inc. March $0.09450 Income - April $0.09450 Income May $0.09450 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Global High
EHI Income Fund Inc. March $0.06700 Income - April $0.06700 Income May $0.06700 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Global Corporate Defined
GDO Opportunity Fund Inc. March $0.10100 Income - April $0.10100 Income May $0.10100 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Investment Grade Defined Opportunity
IGI Trust Inc. March $0.06650 Income - April $0.06650 Income May $0.06650 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Mortgage
DMO Opportunity Fund Inc. March $0.11250 Income - April $0.11250 Income May $0.11250 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Intermediate
SBI Muni Fund Inc. March $0.02350 Income - April $0.02350 Income May $0.02350 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Managed
MMU Municipals Fund Inc. March $0.04250 Income (0.0025) April $0.04250 Income May $0.04250 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Municipal
MHF High Income Fund Inc. March $0.02180 Income - April $0.02180 Income May $0.02180 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Municipal
MNP Partners Fund Inc. March $0.04750 Income - April $0.04750 Income May $0.04750 Income
------- -------------------------- ------ -------- ------ ------------- Western Asset Municipal Defined Opportunity Trust
MTT Inc.(a) March $0.04900 Income - 1. Western Asset Municipal Defined Opportunity Trust Inc., does not intend to pay a regular distribution in April. The Fund is expected to liquidate on or about April 30, 2021 and intends to make one final liquidating payment of all of the Fund's net assets to shareholders of the Fund at that time.
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 2022, 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).
On July 31, 2020, Franklin Resources, Inc. ("Franklin Resources") acquired Legg Mason, Inc. ("Legg Mason") in an all-cash transaction. As a result of the transaction, Legg Mason Partners Fund Advisor, LLC, previously a wholly-owned subsidiary of Legg Mason, became a wholly-owned subsidiary of Franklin Resources.
For more information about the Funds, please call 1-888-777-0102 or consult the Funds' web site at www.lmcef.com. Hard copies of the Funds' complete audited financial statements are available free of charge upon request.
Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.
Category: Distribution Related
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20210217005420/en/
CONTACT:
Investor Contact: Fund Investor Services 1-888-777-0102
(END) Dow Jones Newswires
February 17, 2021 08:00 ET (13:00 GMT)