Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to their
Managed Distribution Policy for the Month of August
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions pursuant
to their managed distribution policy for the month of August 2018.
The following dates apply to the distribution schedule below:
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Month |
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Record Date |
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Ex-Dividend Date |
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Payable Date |
August |
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8/15/2018 |
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8/14/2018 |
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8/31/2018 |
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Ticker |
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Fund Name |
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Month |
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Amount |
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Change from
Previous
Distribution
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WIA |
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Western Asset Inflation-Linked Income Fund |
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Aug |
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$0.0345 |
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-
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WIW
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Western Asset Inflation-Linked Opportunities & Income Fund |
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Aug |
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$0.0360 |
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-
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Pursuant to its managed distribution policy, each Fund intends to make regular monthly distributions to shareholders at a fixed
rate per common share, which rate may be adjusted from time to time by the Fund’s Board of Trustees. Under each Fund’s managed
distribution policy, if, for any monthly distribution, the value of the Fund’s net investment income and net realized capital gain
is less than the amount of the distribution, the difference will be distributed from the Fund’s net assets (and may constitute a
“return of capital”). The Board of Trustees may modify, terminate or suspend the managed distribution policy at any time. Any such
modification, termination or suspension could have an adverse effect on the market price of the Fund’s shares.
The Fund’s distributions have been set based on the current level of income generated from the Fund’s investment portfolio and
accumulated capital gains, if any. Based on the Fund's tax accounting records, which also factors in currency fluctuations, each
Fund’s estimated source of cumulative fiscal year-to-date distributions is presented in the table below:
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Fund |
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Fiscal
Year
End
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Income |
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Short-Term
Capital
Gains
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Long-Term
Capital
Gains
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Return
of
Capital
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WIA |
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Nov 30 |
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100% |
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- |
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- |
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- |
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a |
WIW |
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Nov 30 |
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100% |
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- |
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- |
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- |
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a |
a |
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Sources of cumulative fiscal year-to-date distributions are estimated through August
31, 2018. |
The updated estimated components of the distributions announced today will be provided to shareholders of record in a separate
notice when the distributions are paid.
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 Trustees. In early 2019, 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).
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. Legg Mason and its affiliates do not
engage in selling shares of the Funds.
Investors:
Fund Investor Services
1-888-777-0102
View source version on businesswire.com: https://www.businesswire.com/news/home/20180801005131/en/