Western Asset Variable Rate Strategic Fund Inc. announced unaudited financial results for the quarter ended June 30, 2018. For the quarter, total net investment income was $1,069,411 or $0.23 per share against $1,041,596 or $0.22 per share for the same period of last year. Total net realized/unrealized loss was $954,040 or $0.20 per share against gain of $777,192 or $0.17 per share for the same period of last year. Net increase in net assets from operations was $115,371 or $0.03 per share against $1,818,788 or $0.39 per share for the same period of last year. NAV per share of common stock was $18.20 against $18.14 for the same period of last year.