Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2023 and January and February 2024

Rhea-AI Summary

Legg Mason Partners Fund Advisor, LLC (ticker: PAI and WEA) has declared distributions for December 2023, January, and February 2024 for its closed end funds, including Western Asset Investment Grade Income Fund Inc. and Western Asset Premier Bond Fund. The distributions range from $0.04850 to $0.07000 per share. Shareholders will receive a Form 1099-DIV for tax reporting purposes in early 2024 and early 2025.

NEW YORK--(BUSINESS WIRE)-- Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2023 and January and February 2024.

The following dates apply to the distribution schedule below:

Month		Record Date		Ex-Dividend Date		Payable Date
December		12/21/2023		12/20/2023		12/29/2023
January		1/24/2024		1/23/2024		2/1/2024
February		2/22/2024		2/21/2024		3/1/2024

Ticker		Fund Name		Month		Amount		TYPE		Change from Previous Distribution
PAI		Western Asset Investment Grade Income Fund Inc.		December		$0.04850		Income		$0.0010
				January		$0.04850		Income
				February		$0.04850		Income
WEA		Western Asset Premier Bond Fund		December		$0.07000		Income		-
				January		$0.07000		Income
				February		$0.07000		Income

This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Trustees. In early 2024 and early 2025, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).

Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”).

For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.

The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Category: Distribution Related

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20231121360398/en/

Investor Contact: Fund Investor Services 1-888-777-0102

Source: Franklin Resources, Inc. and Legg Mason Closed End Funds

FAQ

What is the ticker symbol for Legg Mason Partners Fund Advisor, LLC?

The ticker symbols for Legg Mason Partners Fund Advisor, LLC are PAI and WEA.

What are the distribution dates for the funds?

The distribution dates for the funds are December 12/29/2023, January 2/1/2024, and February 3/1/2024.

What is the amount of distribution for Western Asset Investment Grade Income Fund Inc. in December 2023?

The amount of distribution for Western Asset Investment Grade Income Fund Inc. in December 2023 is $0.04850 per share.

Who is the parent company of Legg Mason Partners Fund Advisor, LLC?

Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc.

When will shareholders receive Form 1099-DIV for tax reporting purposes?

Shareholders will receive a Form 1099-DIV for tax reporting purposes in early 2024 and early 2025.