Western Asset Intermediate Muni Fund Inc. Declares Dividend for the Months of June, July and August 2020, Payable on July 1, 2020, August 3, 2020 and September 1, 2020 Respectively
May 19, 2020 at 08:00 am
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Western Asset Intermediate Muni Fund Inc. declared dividend of $0.02350 for the months of June, July and August 2020, payable on July 1, 2020, August 3, 2020 and September 1, 2020 respectively to the shareholders record on June 23, 2020, July 24, 2020 and August 24, 2020 with the ex-dividend date of June 22, 2020, July 23, 2020 and August 21, 2020 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 June, July and August 2020, Payable on July 1, 2020, August 3, 2020 and September 1, 2020 Respectively