Articles from Franklin Resources, Inc. and Legg Mason Closed End Funds

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]

Western Asset Inflation-Linked Income Fund [NYSE: WIA]

The following Funds announced today their share repurchase activity during the fourth quarter of 2024.

Clarion Partners Real Estate Income Fund Inc. (the “Fund”) Class S Shares (CPRSX), Class T Shares (CPRTX), Class D Shares (CPRDX) and Class I Shares (CPREX) announced today the results of its issuer tender offer for up to 5.0% of the Fund’s aggregate net asset value (“NAV”), or $42.6 million (calculated as of the NAV as of December 4, 2024), at a price per share equal to the NAV per share of each class of common stock (a “Share”) as of the close of the trading session on the New York Stock Exchange on January 14, 2025, the date on which the tender offer expired (the “Expiration Date”). The tendered Shares represent 3.2% of the Fund’s NAV calculated as of December 4, 2024.

Effective January 10, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of December 31, 2024.

Effective January 3, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

Effective January 3, 2025, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

Western Asset Inflation-Linked Income Fund [NYSE: WIA]

LMP Capital and Income Fund Inc. [NYSE: SCD]

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]

Effective December 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

ClearBridge Investments, LLC (“ClearBridge”) manages the Fund’s equity investments and oversees the Fund’s allocation between equity and fixed income securities. Western Asset Management Company, LLC (“Western Asset”) manages the fixed income portion of the Fund.

The Board of each Fund announced the retirements of Daniel J. Cronin and Paolo M. Cucchi as Directors, and the number of Directors constituting the entire Board of the Funds will be decreased from ten to eight, effective December 31, 2024.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of November 30, 2024.

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]

LMP Capital and Income Fund Inc. [NYSE: SCD]

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]

Western Asset Inflation-Linked Income Fund [NYSE: WIA]

Franklin Templeton Fund Adviser, LLC announced today that certain closed-end funds have declared their distributions pursuant to their managed distribution policy for the months of December 2024, January and February 2025.

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of December 2024, January and February 2025.

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared distributions pursuant to their managed distribution policy for the months of December 2024, January and February 2025.

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of December 2024, January and February 2025.

Clarion Partners Real Estate Income Fund Inc. (the “Fund”), which offers Class S Shares (CPRSX), Class T Shares (CPRTX), Class D Shares (CPRDX) and Class I Shares (CPREX), announced today that the Fund’s Board of Directors has approved a tender offer for up to 5.0% of the Fund’s aggregate net asset value (“NAV”), subject to the right to purchase additional shares representing up to 2.0% of the Fund’s NAV without amending or extending the offer. The tender offer will be conducted at a price equal to the Fund’s NAV per share of common stock on the day on which the tender offer expires. The Fund intends to commence its tender offer on or about December 11, 2024, with the expiration of the tender offer currently expected to be January 13, 2025.

The Board of each Fund announced today the elevation of independent Director Eileen A. Kamerick to Chair of Board, effective November 15, 2024. Ms. Kamerick replaces Jane Trust, the former Chair of the Board of the Funds. Ms. Trust will continue to serve as an interested Director of the Funds. The Boards also announced the appointments of Anthony Grillo, Peter Mason and Hillary Sale as Directors of the Funds, effective November 15, 2024.

Western Asset Premier Bond Fund (NYSEWEA) today announced the financial position of the Fund as of September 30, 2024.

Western Asset Investment Grade Income Fund Inc. (NYSEPAI) today announced the financial position of the Fund as of September 30, 2024.

Western Asset Mortgage Opportunity Fund Inc. (NYSEDMO) today announced the financial position of the Fund as of September 30, 2024.

Western Asset Emerging Markets Debt Fund Inc. (NYSEEMD) today announced the financial position of the Fund as of September 30, 2024.

Western Asset Diversified Income Fund (NYSEWDI) today announced the financial position of the Fund as of September 30, 2024.

Clarion Partners Real Estate Income Fund Inc. (the “Fund”) has announced funds from operations (“FFO”), adjusted funds from operations and funds available for distribution for the period of January 1, 2024 to September 30, 2024.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of October 31, 2024.

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]

LMP Capital and Income Fund Inc. [NYSE: SCD]

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]

Western Asset Inflation-Linked Income Fund [NYSE: WIA]

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]

Western Asset Managed Municipals Fund Inc. (NYSEMMU) today announced the financial position of the Fund as of August 31, 2024.

Western Asset Global High Income Fund Inc. (NYSEEHI) today announced the financial position of the Fund as of August 31, 2024.

Western Asset High Yield Defined Opportunity Fund Inc. (NYSEHYI) today announced the financial position of the Fund as of August 31, 2024.

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSEIGI) today announced the financial position of the Fund as of August 31, 2024.

Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of August 31, 2024.

Western Asset Global High Income Fund Inc. (the “Fund”) (NYSEEHI) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.

Western Asset High Yield Defined Opportunity Fund Inc. (the “Fund”) (NYSEHYI) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.

Western Asset Managed Municipals Fund Inc. (the “Fund”) (NYSEMMU) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.

Western Asset Mortgage Opportunity Fund Inc. (the “Fund”) (NYSEDMO) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.

Western Asset High Income Fund II Inc. (the “Fund”) (NYSEHIX) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.

Western Asset Emerging Markets Debt Fund Inc. (the “Fund”) (NYSEEMD) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held October 18, 2024.

Clarion Partners Real Estate Income Fund Inc. (the “Fund”) Class S Shares (CPRSX), Class T Shares (CPRTX), Class D Shares (CPRDX) and Class I Shares (CPREX) announced today the results of its issuer tender offer for up to 5.0% of the Fund’s aggregate net asset value (“NAV”), or $39.3 million (calculated as of the NAV as of September 4, 2024), at a price per share equal to the NAV per share of each class of common stock (a “Share”) as of the close of the trading session on the New York Stock Exchange on October 15, 2024, the date on which the tender offer expired (the “Expiration Date”). The tendered Shares represent 2.4% of the Fund’s NAV calculated as of September 4, 2024.

Western Asset Global High Income Fund Inc. (NYSEEHI) (“EHI” or the “Fund”) announced the final results of its transferable rights offering (the “Offer”). The Offer expired at 5:00 PM Eastern Time on October 8, 2024 (the “Expiration Date”) and the Rights no longer trade on the New York Stock Exchange (“NYSE”).

The following Funds announced today their share repurchase activity during the third quarter of 2024.

Western Asset Global High Income Fund Inc. (NYSEEHI) (“EHI” or the “Fund”) announced today the completion of its transferable rights offering (the “Offer”). The Offer expired at 5:00 PM Eastern Time on October 8, 2024 (the “Expiration Date”) and the Rights no longer trade on the New York Stock Exchange (“NYSE”).

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of September 30, 2024.

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSEGDO) (the “Fund”) announced today the expiration and final results for its issuer tender offer for up to 100% of the outstanding shares of common stock (“Shares”) of the Fund (the “Tender Offer”). The Tender Offer expired on Tuesday, October 1, 2024 at 5:00 p.m., New York City time.

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSEIGI) (the “Fund”) announced today the expiration and final results for its issuer tender offer for up to 100% of the outstanding shares of common stock (“Shares”) of the Fund (the “Tender Offer”). The Tender Offer expired on Tuesday, October 1, 2024 at 5:00 p.m., New York City time.

LMP Capital and Income Fund Inc. [NYSE: SCD]

Western Asset Emerging Markets Debt Fund Inc. [NYSE: EMD]

BrandywineGLOBAL - Global Income Opportunities Fund Inc. [NYSE: BWG]

The Putnam closed-end funds, managed by Franklin Advisers, Inc., announced today that the Trustees of the Putnam Funds have authorized the Putnam closed-end funds to renew the current share repurchase program, allowing each Putnam closed-end fund, during the 365-day period beginning October 1, 2024 and ending September 30, 2025, to repurchase at a discount to net asset value up to 10% of its outstanding common shares (based on common shares outstanding as of September 30, 2024) in open market transactions.

Western Asset Inflation-Linked Opportunities & Income Fund [NYSE: WIW]

Western Asset Inflation-Linked Income Fund [NYSE: WIA]

ClearBridge Energy Midstream Opportunity Fund Inc. (the “Fund”) (NYSEEMO) announced today that effective December 31, 2024, Chris Eades will retire and step down as a member of the Fund’s portfolio management team. The Fund will continue to be managed by ClearBridge Investments, LLC (“ClearBridge”) portfolio managers Peter Vanderlee, CFA and Patrick McElroy, CFA.

Western Asset High Income Fund II Inc. (NYSEHIX) today announced the financial position of the Fund as of July 31, 2024.

Western Asset Municipal High Income Fund Inc. (NYSEMHF) today announced the financial position of the Fund as of July 31, 2024.

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSEGDO) today announced the financial position of the Fund as of July 31, 2024.

BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSEBWG) today announced the financial position of the Fund as of July 31, 2024.

ClearBridge Energy Midstream Opportunity Fund Inc. (EMO) announced today its distribution payment frequency will change from quarterly to monthly payments beginning in September 2024.

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2024.

Franklin Templeton Fund Adviser, LLC announced today that certain closed-end funds have declared their distributions pursuant to their managed distribution policy for the months of September, October and November 2024.

ClearBridge Energy Midstream Opportunity Fund Inc. (NYSEEMO) today announced the completion of the mergers of ClearBridge MLP and Midstream Fund Inc. NYSE: CEMNYSECEM)(NYSE: CTRNYSECTR and together with EMO, the “Funds” or each, a “Fund”) with and into EMO (the “Mergers”). Effective before markets open on Monday, September 9, 2024, CEM and CTR stockholders became EMO stockholders.

ClearBridge MLP and Midstream Fund Inc. (NYSECEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of August 31, 2024.

ClearBridge MLP and Midstream Total Return Fund Inc. (NYSECTR) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of August 31, 2024.