Western Asset Management Company

Western Asset Global High Income Fund Inc. Announces Financial Position as of August 31, 2023

Retrieved on:

Tuesday, October 24, 2023

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(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points:

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset Global High Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources.
and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Western Asset High Yield Defined Opportunity Fund Inc. Announces Financial Position as of August 31, 2023

Retrieved on:

Tuesday, October 24, 2023

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To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Key Points:

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset High Yield Defined Opportunity Fund Inc., a non-diversified, limited-term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds .
Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Western Asset Announces New Partnership with Mischler Financial Group

Retrieved on:

Wednesday, October 18, 2023

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Franklin Templeton announced the launch of Mischler Financial Group branded share classes in two Cayman Islands-based institutional money market funds sub-advised by Western Asset Management.

Key Points:

Franklin Templeton announced the launch of Mischler Financial Group branded share classes in two Cayman Islands-based institutional money market funds sub-advised by Western Asset Management.
The new share classes represent a partnership between Western Asset and Mischler Financial Group that aims to support their mutual corporate clients’ objectives of maximizing their positive social impact through partnering with minority, women and disabled-veteran broker dealers.
The share classes are available for investment by non-U.S.-based institutional shareholders through Mischler Financial Group and its affiliates and are intended as cash management solutions for non-U.S.-based shareholders, including corporate treasury and other qualifying institutional investors.
Matt Jones, Head of Liquidity Distribution at Western Asset, said: “We are excited to have been selected as the exclusive offshore money market fund provider to Mischler Financial Group’s clients.

MiddleGround Capital Hires Christopher Speight as Partner

Retrieved on:

Tuesday, October 10, 2023

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LEXINGTON, Ky., Oct. 10, 2023 (GLOBE NEWSWIRE) -- MiddleGround Capital , a Lexington, Kentucky-based operationally focused private equity firm that makes control investments in lower middle market industrial B2B and specialty distribution companies in North America and Europe, today announced that Christopher Speight has joined Middleground Capital as a Partner.

Key Points:

LEXINGTON, Ky., Oct. 10, 2023 (GLOBE NEWSWIRE) -- MiddleGround Capital , a Lexington, Kentucky-based operationally focused private equity firm that makes control investments in lower middle market industrial B2B and specialty distribution companies in North America and Europe, today announced that Christopher Speight has joined Middleground Capital as a Partner.
“Chris is an excellent addition to our team, and we are thrilled to have him join us,” said John Stewart, MiddleGround Founding and Managing Partner.
“I am excited to work with John and the impressive team at MiddleGround,” said Speight.
Born and raised in Iowa, Speight received his bachelor’s degree in finance from the University of Iowa.

Western Asset Managed Municipals Fund Inc. Announces Completion of Merger and Share Conversion Price

Retrieved on:

Monday, October 16, 2023

Western Asset Managed Municipals Fund Inc. (NYSE: MMU) today announced the completion of the merger of Western Asset Municipal Partners Fund Inc. (NYSE: MNP and together with MMU, the “Funds” or each, a “Fund”) with and into MMU (the “Merger”).

Key Points:

Western Asset Managed Municipals Fund Inc. (NYSE: MMU) today announced the completion of the merger of Western Asset Municipal Partners Fund Inc. (NYSE: MNP and together with MMU, the “Funds” or each, a “Fund”) with and into MMU (the “Merger”).
The conversion price was based on each Fund’s net asset value (NAV) per share calculated at the close of business on Friday, October 13, 2023.
The conversion ratio was calculated at 1.172960 common shares of MMU for each MNP common share.
MMU is managed by Legg Mason Partners Fund Advisor, LLC, (“LMPFA”) and sub-advised by Western Asset Management Company, LLC (“Western Asset”).

Clarion Partners Real Estate Income Fund Inc. Announces Results of Tender Offer

Retrieved on:

Monday, October 16, 2023

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The Fund will transmit payment to purchase the duly tendered and accepted Shares on or about October 16, 2023.

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The Fund will transmit payment to purchase the duly tendered and accepted Shares on or about October 16, 2023.
Shares that were tendered but not accepted for payment, if applicable, and Shares that were not tendered will remain outstanding.
Any questions about the tender offer should be directed to SS&C Global Investor & Distribution Solutions, Inc. (formerly SS&C Technologies, Inc.), the Information Agent for the tender offer, toll free at (844) 534-4627.
THIS PRESS RELEASE IS NOT A PROSPECTUS, CIRCULAR OR REPRESENTATION INTENDED FOR USE IN THE PURCHASE OR SALE OF FUND SHARES.

WESTERN ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Western Asset Mortgage Capital Corporation - WMC

Retrieved on:

Thursday, September 28, 2023

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and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Western Asset Mortgage Capital Corporation (NYSE: WMC) to AG Mortgage Investment Trust, Inc. (NYSE: MITT).

Key Points:

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Western Asset Mortgage Capital Corporation (NYSE: WMC) to AG Mortgage Investment Trust, Inc. (NYSE: MITT).
Under the terms of the proposed transaction, shareholders of Western Asset are expected to own approximately 31% of the combined company.
KSF is seeking to determine whether the consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Franklin Templeton Adds to Active ETF Lineup with Launch of Western Asset Bond ETF (WABF)

Retrieved on:

Thursday, September 21, 2023

Franklin Templeton continues to grow its active fixed income exchange-traded fund (ETF) lineup with today’s launch of Western Asset Bond ETF on Nasdaq under the ticker WABF.

Key Points:

Franklin Templeton continues to grow its active fixed income exchange-traded fund (ETF) lineup with today’s launch of Western Asset Bond ETF on Nasdaq under the ticker WABF.
WABF is actively managed by Western Asset, a leading fixed income manager and specialist investment manager of Franklin Templeton.
WABF is Western Asset’s third ETF, alongside Western Asset Total Return ETF (WBND) and Western Asset Short Duration Income ETF (WINC) .
Franklin Templeton offers 58 ETFs in total in the US, with combined assets under management of over $13 billion.

Western Asset Municipal High Income Fund Inc. Announces Financial Position as of July 31, 2023

Retrieved on:

Monday, September 18, 2023

Asset Management, Professional Services, Finance, Western Asset Management Company, Form, Security (finance), Fund, Annual report, Franklin Templeton Investments, Bank statement, Financial adviser

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Key Points:

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset Municipal High Income Fund Inc., a diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds .
Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Western Asset High Income Fund II Inc. Announces Financial Position as of July 31, 2023

Retrieved on:

Monday, September 18, 2023

Asset Management, Professional Services, Finance, Western Asset Management Company, Borrowing base, Form, Security (finance), Fund, Annual report, Franklin Templeton Investments, Bank statement, Bookkeeping, Cryptocurrency, Financial adviser

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points:

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset High Income Fund II Inc., a diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds .