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Western Asset Municipal Defined Opportunity Trust Inc. announced the termination of the Fund, effective April 30, 2021. Stockholder interests in the Fund's assets were calculated as of this date. A liquidating distribution of $21.1993 per share is expected to be paid around May 5, 2021. Following the close of business on May 3, 2021, the Fund will cease trading on the New York Stock Exchange. The Fund is managed by Legg Mason Partners Fund Advisor and sub-advised by Western Asset Management Company, both subsidiaries of Franklin Resources.
