Articles from Franklin Resources, Inc. and Legg Mason Closed End Funds

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · March 3, 2025

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · March 3, 2025

LMP Capital and Income Fund Inc. [NYSE: SCD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · March 3, 2025

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 28, 2025

Western Asset Inflation-Linked Income Fund [NYSE: WIA]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 28, 2025

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of March, April and May 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 19, 2025

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 19, 2025

Western Asset High Income Opportunity Fund Inc. (NYSEHIO) today announced the financial position of the Fund as of December 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 18, 2025

Western Asset High Yield Defined Opportunity Fund Inc. (NYSEHYI) (the “Fund”) announced today approval by the Fund’s Board of Directors of a proposal that will allow stockholders of the Fund to remain invested, subject to stockholder approval.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 14, 2025

Clarion Partners Real Estate Income Fund Inc. (the “Fund”), which offers Class S Shares (CPRSX), Class T Shares (CPRTX), Class D Shares (CPRDX) and Class I Shares (CPREX), announced today that the Fund’s Board of Directors has approved a tender offer for up to 5.0% of the Fund’s aggregate net asset value (“NAV”), subject to the right to purchase additional shares representing up to 2.0% of the Fund’s NAV without amending or extending the offer. The tender offer will be conducted at a price equal to the Fund’s NAV per share of common stock on the day on which the tender offer expires. The Fund intends to commence its tender offer on or about March 14, 2025, with the expiration of the tender offer currently expected to be April 15, 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 14, 2025

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of January 31, 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 7, 2025

LMP Capital and Income Fund Inc. [NYSE: SCD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 3, 2025

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]:
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 3, 2025

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 3, 2025

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · January 31, 2025

Western Asset Inflation-Linked Income Fund [NYSE: WIA]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · January 31, 2025

The following Funds announced today their share repurchase activity during the fourth quarter of 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · January 17, 2025

Clarion Partners Real Estate Income Fund Inc. (the “Fund”) Class S Shares (CPRSX), Class T Shares (CPRTX), Class D Shares (CPRDX) and Class I Shares (CPREX) announced today the results of its issuer tender offer for up to 5.0% of the Fund’s aggregate net asset value (“NAV”), or $42.6 million (calculated as of the NAV as of December 4, 2024), at a price per share equal to the NAV per share of each class of common stock (a “Share”) as of the close of the trading session on the New York Stock Exchange on January 14, 2025, the date on which the tender offer expired (the “Expiration Date”). The tendered Shares represent 3.2% of the Fund’s NAV calculated as of December 4, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · January 16, 2025

Effective January 10, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · January 10, 2025

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of December 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · January 8, 2025

Effective January 3, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · January 3, 2025

Effective January 3, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · January 3, 2025

Western Asset Inflation-Linked Income Fund [NYSE: WIA]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 31, 2024

LMP Capital and Income Fund Inc. [NYSE: SCD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 31, 2024

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 31, 2024

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 31, 2024

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 31, 2024

Effective December 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 23, 2024

ClearBridge Investments, LLC (“ClearBridge”) manages the Fund’s equity investments and oversees the Fund’s allocation between equity and fixed income securities. Western Asset Management Company, LLC (“Western Asset”) manages the fixed income portion of the Fund.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 23, 2024

The Board of each Fund announced the retirements of Daniel J. Cronin and Paolo M. Cucchi as Directors, and the number of Directors constituting the entire Board of the Funds will be decreased from ten to eight, effective December 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 20, 2024

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of November 30, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 6, 2024

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 2, 2024

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 2, 2024

LMP Capital and Income Fund Inc. [NYSE: SCD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 2, 2024

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 29, 2024

Western Asset Inflation-Linked Income Fund [NYSE: WIA]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 29, 2024

Franklin Templeton Fund Adviser, LLC announced today that certain closed-end funds have declared their distributions pursuant to their managed distribution policy for the months of December 2024, January and February 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 25, 2024

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of December 2024, January and February 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 25, 2024

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of December 2024, January and February 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 19, 2024

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of December 2024, January and February 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 19, 2024

Clarion Partners Real Estate Income Fund Inc. (the “Fund”), which offers Class S Shares (CPRSX), Class T Shares (CPRTX), Class D Shares (CPRDX) and Class I Shares (CPREX), announced today that the Fund’s Board of Directors has approved a tender offer for up to 5.0% of the Fund’s aggregate net asset value (“NAV”), subject to the right to purchase additional shares representing up to 2.0% of the Fund’s NAV without amending or extending the offer. The tender offer will be conducted at a price equal to the Fund’s NAV per share of common stock on the day on which the tender offer expires. The Fund intends to commence its tender offer on or about December 11, 2024, with the expiration of the tender offer currently expected to be January 13, 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 15, 2024

The Board of each Fund announced today the elevation of independent Director Eileen A. Kamerick to Chair of Board, effective November 15, 2024. Ms. Kamerick replaces Jane Trust, the former Chair of the Board of the Funds. Ms. Trust will continue to serve as an interested Director of the Funds. The Boards also announced the appointments of Anthony Grillo, Peter Mason and Hillary Sale as Directors of the Funds, effective November 15, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 15, 2024

Western Asset Premier Bond Fund (NYSEWEA) today announced the financial position of the Fund as of September 30, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 14, 2024

Western Asset Investment Grade Income Fund Inc. (NYSEPAI) today announced the financial position of the Fund as of September 30, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 14, 2024

Western Asset Mortgage Opportunity Fund Inc. (NYSEDMO) today announced the financial position of the Fund as of September 30, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 14, 2024

Western Asset Emerging Markets Debt Fund Inc. (NYSEEMD) today announced the financial position of the Fund as of September 30, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 14, 2024

Western Asset Diversified Income Fund (NYSEWDI) today announced the financial position of the Fund as of September 30, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 14, 2024

Clarion Partners Real Estate Income Fund Inc. (the “Fund”) has announced funds from operations (“FFO”), adjusted funds from operations and funds available for distribution for the period of January 1, 2024 to September 30, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 14, 2024

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of October 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 7, 2024

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 1, 2024

LMP Capital and Income Fund Inc. [NYSE: SCD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 1, 2024

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 1, 2024

Western Asset Inflation-Linked Income Fund [NYSE: WIA]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 31, 2024

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 31, 2024

Western Asset Managed Municipals Fund Inc. (NYSEMMU) today announced the financial position of the Fund as of August 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 29, 2024

Western Asset Global High Income Fund Inc. (NYSEEHI) today announced the financial position of the Fund as of August 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 29, 2024

Western Asset High Yield Defined Opportunity Fund Inc. (NYSEHYI) today announced the financial position of the Fund as of August 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 29, 2024

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSEIGI) today announced the financial position of the Fund as of August 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 29, 2024

Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of August 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 29, 2024

Western Asset Global High Income Fund Inc. (the “Fund”) (NYSEEHI) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 22, 2024

Western Asset High Yield Defined Opportunity Fund Inc. (the “Fund”) (NYSEHYI) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 22, 2024

Western Asset Managed Municipals Fund Inc. (the “Fund”) (NYSEMMU) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 22, 2024

Western Asset Mortgage Opportunity Fund Inc. (the “Fund”) (NYSEDMO) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 22, 2024

Western Asset High Income Fund II Inc. (the “Fund”) (NYSEHIX) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 22, 2024

Western Asset Emerging Markets Debt Fund Inc. (the “Fund”) (NYSEEMD) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 22, 2024

Clarion Partners Real Estate Income Fund Inc. (the “Fund”) Class S Shares (CPRSX), Class T Shares (CPRTX), Class D Shares (CPRDX) and Class I Shares (CPREX) announced today the results of its issuer tender offer for up to 5.0% of the Fund’s aggregate net asset value (“NAV”), or $39.3 million (calculated as of the NAV as of September 4, 2024), at a price per share equal to the NAV per share of each class of common stock (a “Share”) as of the close of the trading session on the New York Stock Exchange on October 15, 2024, the date on which the tender offer expired (the “Expiration Date”). The tendered Shares represent 2.4% of the Fund’s NAV calculated as of September 4, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 17, 2024

Western Asset Global High Income Fund Inc. (NYSEEHI) (“EHI” or the “Fund”) announced the final results of its transferable rights offering (the “Offer”). The Offer expired at 5:00 PM Eastern Time on October 8, 2024 (the “Expiration Date”) and the Rights no longer trade on the New York Stock Exchange (“NYSE”).
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 15, 2024

The following Funds announced today their share repurchase activity during the third quarter of 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 15, 2024

Western Asset Global High Income Fund Inc. (NYSEEHI) (“EHI” or the “Fund”) announced today the completion of its transferable rights offering (the “Offer”). The Offer expired at 5:00 PM Eastern Time on October 8, 2024 (the “Expiration Date”) and the Rights no longer trade on the New York Stock Exchange (“NYSE”).
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 9, 2024

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of September 30, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 7, 2024

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSEGDO) (the “Fund”) announced today the expiration and final results for its issuer tender offer for up to 100% of the outstanding shares of common stock (“Shares”) of the Fund (the “Tender Offer”). The Tender Offer expired on Tuesday, October 1, 2024 at 5:00 p.m., New York City time.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 2, 2024

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSEIGI) (the “Fund”) announced today the expiration and final results for its issuer tender offer for up to 100% of the outstanding shares of common stock (“Shares”) of the Fund (the “Tender Offer”). The Tender Offer expired on Tuesday, October 1, 2024 at 5:00 p.m., New York City time.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 2, 2024

LMP Capital and Income Fund Inc. [NYSE: SCD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 1, 2024

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 1, 2024

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 1, 2024