Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of December 2024, January and February 2025
NEW YORK--(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.
The following dates apply to the distribution schedule below:
Ex-Dividend Payable
Month Record Date Date Date
December 12/23/2024 12/23/2024 12/31/2024
January 1/24/2025 1/24/2025 2/3/2025
February 2/21/2025 2/21/2025 3/3/2025
Change from
Previous
Ticker Fund Name Month Amount Distribution
---------- --------------- ------------ ---------- ------------
ClearBridge
Energy
Midstream
EMO Opportunity December $0.33000 -
Fund Inc.* January $0.33000
February $0.33000
---------- --------------- ------------ ---------- ------------
Western Asset
Diversified
WDI Income Fund December $0.14850 -
January $0.14850
February $0.14850
---------- --------------- ------------ ---------- ------------
Western Asset
High Income
HIX Fund II Inc. December $0.04900 -
January $0.04900
February $0.04900
---------- --------------- ------------ ---------- ------------
Western Asset
High Income
HIO Opportunity December $0.03550 -
Fund Inc. January $0.03550
February $0.03550
---------- -------------------------- ---------- ------------
Western Asset
High Yield
Defined
HYI Opportunity December $0.09500 -
Fund Inc. January $0.09500
February $0.09500
---------- -------------------------- ---------- ------------
Western Asset
Global High
Income Fund
EHI Inc. December $0.07000 -
January $0.07000
February $0.07000
---------- -------------------------- ---------- ------------
Western Asset
Global
GDO Corporate December $0.12200 -
Opportunity
Fund Inc. January $0.12200
February $0.12200
---------- -------------------------- ---------- ------------
Western Asset
Investment
IGI Grade December $0.07100 -
Opportunity
Trust Inc. January $0.07100
February $0.07100
---------- -------------------------- ---------- ------------
Western Asset
Mortgage
Opportunity
DMO Fund Inc. December $0.13000 -
January $0.13000
February $0.13000
---------- -------------------------- ---------- ------------
Western Asset
Intermediate
Muni Fund
SBI Inc. December $0.04200 -
January $0.04200
February $0.04200
---------- -------------------------- ---------- ------------
Western Asset
Managed
Municipals
MMU Fund Inc. December $0.05450 -
January $0.05450
February $0.05450
---------- -------------------------- ---------- ------------
Western Asset
Municipal High
MHF Income December $0.03400 -
Fund Inc. January $0.03400
February $0.03400
---------- -------------------------- ---------- ------------
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. If it is estimated that the source of a monthly distribution includes anything other than net investment income, the Fund will provide notice to shareholders containing the estimated sources of the distribution. These notices can be found on the Fund's website. In early 2025 and early 2026, 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).
* EMO, which is taxed as a regular C-Corporation, pays ordinary income and/or return of capital and does not pay long-term capital gain distributions. Distributions are considered ordinary income to the extent they are paid out of net investment income and realized capital gains.
Franklin Templeton Fund Adviser, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. ("Franklin Resources").
For more information about the Funds, please call 1-888-777-0102 or consult the Funds' website at www.franklintempleton.com/investments/options/closed-end-funds. 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.
The Funds' common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor's risk of loss. All investments are subject to risk, including the risk of loss.
INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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/20241119934594/en/
CONTACT:
Investor: Fund Investor Services 1-888-777-0102
(END) Dow Jones Newswires
November 19, 2024 08:00 ET (13:00 GMT)
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