Western Asset Intermediate Muni Fund Inc. Announces Results of Annual Meeting of Stockholders

Rhea-AI Summary

Western Asset Intermediate Muni Fund Inc. (SBI) announced the results of its annual meeting of stockholders, electing new directors and ratifying the selection of independent registered public accountants. The Fund is managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company, , both subsidiaries of Franklin Resources Inc.

NEW YORK--(BUSINESS WIRE)-- Western Asset Intermediate Muni Fund Inc. (the “Fund”) (NYSE: SBI) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held April 12, 2024.

Eileen A. Kamerick was elected as a Class I Director of the Fund by holders of record of the Fund’s outstanding shares of common stock and preferred stock, voting together as a single class, to hold office until the annual meeting of shareholders in the year 2027, or until her successor has been duly elected and qualified, or until she resigns or is otherwise removed.

Jane E. Trust was elected as a Class I Director of the Fund by holders of record of the Fund’s outstanding preferred stock to hold office until the annual meeting of shareholders in the year 2027, or until her successor has been duly elected and qualified, or until she resigns or is otherwise removed.

In addition, the stockholders voted to ratify the selection of PricewaterhouseCoopers LLP as independent registered public accountants of the Fund for the fiscal year ending November 30, 2024.

The Fund is a diversified closed-end management investment company that is managed by Franklin Templeton Fund Adviser, LLC (formerly known as Legg Mason Partners Fund Advisor, LLC) (“FTFA”), and subadvised by Western Asset Management Company, LLC ("WAMCo"). FTFA and WAMCo are both indirect wholly-owned subsidiaries of Franklin Resources Inc., a global investment management organization operating as Franklin Templeton.

Contact the Fund at 1-888-777-0102 for more information, or visit the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. The information contained on the Fund’s web site is not part of this press release. Hard copies of the Fund’s 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, Inc. and its affiliates do not engage in selling shares of the Fund.

Category: Fund Announcement
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20240417725553/en/

Media Contact: Lisa Tibbitts

+1 (904) 942-4451

Lisa.Tibbitts@franklintempleton.com

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

FAQ

Who was elected as a Class I Director of Western Asset Intermediate Muni Fund Inc. at the annual meeting?

Eileen A. Kamerick and Jane E. Trust were elected as Class I Directors of the Fund.

Who was selected as the independent registered public accountants of the Fund for the fiscal year ending November 30, 2024?

PricewaterhouseCoopers LLP was ratified as the independent registered public accountants of the Fund.

Who manages Western Asset Intermediate Muni Fund Inc.?

The Fund is managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company,

What is the contact information for Western Asset Intermediate Muni Fund Inc.?

Contact the Fund at 1-888-777-0102 or visit the Fund's website at www.franklintempleton.com/investments/options/closed-end-funds.