Legg Mason Partners Fund Advisor declares distributions for three closed end funds.
M2 EQUITYBITES-November 13, 2018-Legg Mason Partners Fund Advisor declares distributions for three closed end funds
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Legg Mason Partners Fund Advisor LLC disclosed on Monday that closed end funds, LMP Capital and Income Fund Inc (NYSE:SCD), BrandywineGLOBAL - Global Income Opportunities Fund Inc (NYSE:BWG) and Western Asset Emerging Markets Debt Fund Inc (NYSE:EMD) released distributions of USD0.31000, USD0.06150 and USD0.10000 per share, respectively.
SCD will pay the distribution on 31 December to all shareholders of record date on 21 December and the ex-distribution date is 20 December 2018. This is unchanged from that paid out previously. BWG and EMD will pay the distributions on 31 December 2018, 1 February and 1 March 2018, to the respective shareholders of record dates on 21 December 2018, 18 January and 15 February 2019 and the ex-distribution dates are 20 December 2018, 17 January and 14 February 2019. BWG's distribution is higher than that paid out earlier, while EMD is unchanged.
Subsidiaries of Legg Mason provide investment advisory and sub-advisory services. These subsidiaries may include Western Asset Management Company Limited in London, Western Asset Management Company Pte Ltd in Singapore and Western Asset Management Company Ltd in Japan (the WAM Subsidiaries).
The WAM Subsidiaries are indirect wholly-owned subsidiaries of Legg Mason Inc and are compensated by Western Asset Management Company LLC for any allocated assets and receive 100% of the sub-advisory fee paid to Western Asset for such assets.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Nov 13, 2018|
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