Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of March, April and May 2025
NEW YORK--(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.
The following dates apply to the distribution schedule below:
Month Record Date Ex-Dividend Date Payable Date
March 3/24/2025 3/24/2025 4/1/2025
April 4/23/2025 4/23/2025 5/1/2025
May 5/22/2025 5/22/2025 6/2/2025
Change from
Previous
Ticker Fund Name Month Amount Distribution
------- ------------------- ------ -------- -------------------
ClearBridge Energy
Midstream
Opportunity Fund
EMO Inc.* March $0.36000 $0.03000
April $0.36000
May $0.36000
------- -------------------------- -------- -------------------
Western Asset
Diversified Income
WDI Fund March $0.14850 -
April $0.14850
May $0.14850
------- -------------------------- -------- -------------------
Western Asset High
Income Fund II
HIX Inc. March $0.04900 -
April $0.04900
May $0.04900
------- -------------------------- -------- -------------------
Western Asset High
Income Opportunity
HIO Fund Inc. March $0.03550 -
April $0.03550
May $0.03550
------- -------------------------- -------- -------------------
Western Asset High
Yield Defined
Opportunity Fund
HYI Inc. March $0.09500 -
April $0.09500
May $0.09500
------- -------------------------- -------- -------------------
Western Asset Global
High Income Fund
EHI Inc. March $0.07000 -
April $0.07000
May $0.07000
------- -------------------------- -------- -------------------
Western Asset Global
Corporate
Opportunity Fund
GDO Inc. March $0.12200 -
April $0.12200
May $0.12200
------- -------------------------- -------- -------------------
Western Asset
Investment Grade
Opportunity Trust
IGI Inc. March $0.07100 -
April $0.07100
May $0.07100
------- -------------------------- -------- -------------------
Western Asset
Mortgage
Opportunity Fund
DMO Inc. March $0.13000 -
April $0.13000
May $0.13000
------- -------------------------- -------- -------------------
Western Asset
Intermediate Muni
SBI Fund Inc. March $0.04200 -
April $0.04200
May $0.04200
------- -------------------------- -------- -------------------
Western Asset
Managed Municipals
MMU Fund Inc. March $0.05450 -
April $0.05450
May $0.05450
------- -------------------------- -------- -------------------
Western Asset
Municipal High
MHF Income Fund Inc. March $0.03400 -
April $0.03400
May $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 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/20250219675570/en/
CONTACT:
Investor Contact: Fund Investor Services 1-888-777-0102
(END) Dow Jones Newswires
February 19, 2025 08:00 ET (13:00 GMT)
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