Citigroup Investments Corporate Loan Fund as of March 31, 2006.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Citigroup Citigroup U.S. holding company formed in 1998 from the merger of Citicorp (itself a holding company incorporated in 1967) and Travelers Group, Inc. The $70 billion merger included one of the largest U.S. investment banks, Salomon Smith Barney Inc. Investments Corporate Loan Fund Inc. (NYSE NYSE See: New York Stock Exchange : TLI (Transport Level Interface) A common interface for transport services (layer 4 of the OSI model). It provides a common language to a transport protocol and allows client/server applications to be used in different networking environments. ) as of March 31, 2006 Investment Objective: The Fund's investment objective is to maximize In a graphical environment, to enlarge a window to the full size of the screen. See Win Maximize windows. current income consistent with prudent efforts to preserve capital.
Portfolio Composition*
Industry Allocations
--------------------
Aerospace/Defense 1.72%
Air Transport 1.39
Automotive 3.09
Beverage & Tobacco 2.25
Broadcast Radio & Television 1.58
Building & Development 9.37
Business Equipment & Services 5.54
Cable & Satellite Television 3.36
Chemicals/Plastics 6.62
Clothing/Textiles 0.67
Conglomerates 0.32
Containers & Glass Products 1.99
Drugs 1.07
Ecological Services & Equipment 0.83
Electronics / Electric 1.87
Equipment Leasing 0.11
Food / Drug Retailers 2.34
Food Products 2.65
Food Services 0.48
Forest Products 2.95
Healthcare 9.32
Home Furnishings 1.21
Hotels/Motels/Inns & Casinos 7.71
Industrial Equipment 4.39
Insurance 1.03
Leisure 6.13
Nonferrous Metals/Minerals 1.94
Oil & Gas 4.25
Publishing 2.82
Rail Industries 0.54
Retailers 2.35
Steel 1.99
Surface Transport 0.84
Telecommunication/Cellular Communications 4.12
Utilities 1.16
100%
Credit Quality(1)
Ba1 4.19%
Ba2 18.25
Ba3 25.22
B1 36.28
B2 12.23
B3 0.79
Caa1 1.81
D 0.60
N/R 0.63
(1) As rated by Moody's Investors Services, Inc., Standard & Poor's
Rating Service, other Nationally Recognized Statistical Rating
Organizations or determined to be of comparable quality by the
Sub-Adviser
*Portfolio holdings and weightings are subject to change at any time
Portfolio Statistics
--------------------
Inception Date November 19, 1998
Inception Price $15.00
Leverage: Preferred Shares $85 Million Auction
Rate Cumulative
Average to next reset: 50 days
Total Net Assets $227.264 million
(including preferreds):
March Dividend: $0.0800
(Dividends are declared and paid monthly)
Market Price $13.20
NAV $14.43
(Daily NAV is available on market quotation systems using the symbol
XTLIX.)
Citigroup Investments Corporate Loan Fund Inc., a non-diversified investment management company, is managed by Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. Fund Management LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Legg Mason Founded in 1899, Legg Mason, Inc. (NYSE: LM) is a leading Global Asset Management Firm that serves the institutional, mutual fund and wealth management markets. The firm is headquartered in Baltimore, Maryland, and is located on Lombard and Charles Streets in the Legg Mason , Inc. For more information, please call 1-888-735-6507 or consult the Fund's web site at www.leggmason.com/InvestorServices. Note: On December December: see month. 1, 2005, Citigroup Inc. ("Citigroup") sold substantially all of its worldwide asset management business, Citigroup Asset Management ("CAM cam, mechanical device cam, mechanical device for converting a rotating motion into a reciprocating, or back-and-forth, motion, or for changing a simple motion into a complex one. "), to Legg Mason, Inc. ("Legg Mason"). As part of this transaction, the investment adviser for the fund(s) referenced herein became a wholly owned subsidiary of Legg Mason. Under a licensing agreement between Citigroup and Legg Mason, the names of the funds, the names of any classes of shares of funds, and the names of investment advisers of the funds, as well as all logos, trademarks, and service marks related to Citigroup or any of its affiliates ("Citi Marks") are licensed for use by Legg Mason. Citi Marks include, but are not limited to, "Smith Barney," "Salomon Brothers
Salomon Brothers was a Wall Street investment bank. ," "Citi," and "Citigroup Asset Management". Legg Mason and its affiliates, as well as the Fund's investment adviser, are not affiliated af·fil·i·ate v. af·fil·i·at·ed, af·fil·i·at·ing, af·fil·i·ates v.tr. 1. To adopt or accept as a member, subordinate associate, or branch: with Citigroup. All Citi Marks are owned by Citigroup, and are licensed for use until no later than one year after the date of the licensing agreement. |
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