Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of September, October and November 2024

Rhea-AI Summary

Franklin Templeton Fund Adviser, has announced distributions for certain closed-end funds for September, October, and November 2024. The Western Asset Investment Grade Income Fund Inc. (PAI) will distribute $0.05150 per share each month, while the Western Asset Premier Bond Fund (WEA) will distribute $0.07000 per share monthly. These distributions are categorized as income and remain unchanged from previous distributions.

Key dates for these distributions are:

• September: Record & Ex-Dividend Date - 9/23/2024, Payable Date - 10/1/2024
• October: Record & Ex-Dividend Date - 10/24/2024, Payable Date - 11/1/2024
• November: Record & Ex-Dividend Date - 11/21/2024, Payable Date - 12/2/2024

Shareholders will receive Form 1099-DIV in early 2025 for tax reporting purposes. The funds' shares are traded on the New York Stock Exchange and are subject to market fluctuations.

NEW YORK--(BUSINESS WIRE)-- 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.

The following dates apply to the distribution schedule below:

Month	Record Date	Ex-Dividend Date	Payable Date
September	9/23/2024	9/23/2024	10/1/2024
October	10/24/2024	10/24/2024	11/1/2024
November	11/21/2024	11/21/2024	12/2/2024

Ticker	Fund Name	Month	Amount		TYPE	Change from Previous Distribution
PAI	Western Asset Investment Grade Income Fund Inc.	September	$0.05150		Income	-
		October	$0.05150		Income
		November	$0.05150		Income
WEA	Western Asset Premier Bond Fund	September	$0.07000		Income	-
		October	$0.07000		Income
		November	$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 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).

Franklin Templeton Fund Adviser, LLC (formerly known as 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/20240912698339/en/

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

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

FAQ

What is the distribution amount for PAI in September, October, and November 2024?

The Western Asset Investment Grade Income Fund Inc. (PAI) will distribute $0.05150 per share for each month - September, October, and November 2024.

When is the payable date for PAI's October 2024 distribution?

The payable date for PAI's October 2024 distribution is November 1, 2024.

Has there been any change in PAI's distribution amount compared to previous distributions?

No, there has been no change in PAI's distribution amount. It remains consistent with previous distributions at $0.05150 per share.

What type of distribution is PAI paying out for these months?

PAI is paying out income distributions for September, October, and November 2024.

When will shareholders receive tax information for these distributions?

Shareholders will receive Form 1099-DIV in early 2025 for tax reporting purposes related to these distributions.