Salomon Brothers Variable Rate Strategic Fund Inc. (''GFY'') Sets New Rate and Announces Distributions of $0.0975 per Common Share for the Months of September, October and November 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 -- Salomon Brothers Variable Rate Strategic Fund Inc., which is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "GFY GFY Good For You GFY Government Fiscal Year GFY Go Find Yourself (polite form) GFY Graphitic Filament Yarn ," announced distributions of $0.0975 per common share per month. The Fund has increased its distributions to reflect higher interest rates and to more closely approximate the current level of investment income generated by the portfolio. The Fund previously had paid a distribution of $0.0925 per share. The distribution schedules for September, October and November 2006 appear below:
Ex-Dividend Record Payable
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September 09/20/06 09/22/06 09/29/06
October 10/18/06 10/20/06 10/27/06
November 11/15/06 11/17/06 11/24/06
Salomon Brothers Variable Rate Strategic Fund Inc., a non-diversified closed-end investment Closed-End Investment When an investment company issues a fixed number of shares in an actively managed portfolio of securities. The shares are traded in the market just like common stock. Notes: Most mutual funds are open-end funds, not closed-end. management company, is managed by Salomon Brothers Asset Management Inc, 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, Inc. For more information, call Investor Relations Investor relations The process by which the corporation communicates with its investors. at 1-888-777-0102 or visit the Fund's web site at www.leggmason.com/InvestorServices. Note: "Smith Barney," "Salomon Brothers" and "Citi" are service marks of Citigroup, Licensed for use by Legg Mason as the names of funds and investments advisers. Legg Mason and its affiliates, as well as the fund's investment manager, are not affiliated with Citigroup. |
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