Western Asset Intermediate Muni Fund Inc. Declares Dividend for the Months of December 2019, January and February 2020, Payable on December 31, 2019, February 03, 2020 and March 2, 2020 Respectively
November 21, 2019 at 08:00 am
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Western Asset Intermediate Muni Fund Inc. declared dividend of $0.02350 for the months of December 2019, January and February 2020, payable on December 31, 2019, February 03, 2020 and March 2, 2020 Respectively to the shareholders record on December 20, 2019, January 24, 2020 and February 21, 2020 with the ex-dividend date of December 19, 2019, January 23, 2020 and February 20, 2019 respectively.
Western Asset Intermediate Muni Fund Inc. (The Fund) is a closed-end management investment company. The Fundâs investment objective is to provide common shareholders a high level of current income exempts from regular federal income taxes consistent with prudent investing. Under normal market conditions, the Fund invests at least 80% of its total assets in municipal obligations. The Fund also maintains a dollar-weighted average effective maturity of between three and ten years. Under normal market conditions, the Fund will invest at least 80% of its total assets in debt securities that are, at the time of investment, rated investment grade by a nationally recognized statistical rating organization (NRSRO) or if unrated, of equivalent quality as determined by the investment manager. transportation, health care, power, education, housing, solid waste, leasing, short term investments, and others. The investment manager of the Fund is Legg Mason Partners Fund Advisor, LLC.
Western Asset Intermediate Muni Fund Inc. Declares Dividend for the Months of December 2019, January and February 2020, Payable on December 31, 2019, February 03, 2020 and March 2, 2020 Respectively