TLI News and Press, Western Asset Corporate Loan Fund Inc

Within the non-investment grade credit markets, issuer default rates are an important driver of market and portfolio performance. We believe 2020 ended the credit cycle that began following the global financial crisis, with 2021 marking the start of a new cycle. The duration of th...

This is a truly singular global recession and recovery, and it makes portfolio diversification both vital and challenging. At the moment, the item that tops the agenda for most of our clients is no big surprise: inflation, and what to do about it in portfolios. Inflation is usuall...

The fixed income world is beginning to undergo a multiyear transition as aggressive monetary accommodation and government spending across key economies drive higher near-term economic growth rates. The result could be a shift to higher real rates as output gaps narrow, as well as mode...

Western Asset Corporate Loan Fund (TLI) declares $9.2109/share liquidating dividend.Payable Nov. 30.Prior to the opening of business on Nov. 23, 2020, the Fund will cease trading on the NYSE.See TLI Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Western...

Western Asset Corporate Loan Fund Inc. (the “Fund”) (NYSE: TLI) announced today that the Fund liquidated as planned on November 20, 2020 and the proportionate interests of stockholders in the assets of the Fund were determined as of that date. The Fund’s liquidating...

TLI and GFY are due to liquidate in two weeks' time. High-probability/low-risk potential of ~0.30% profit for a two-week holding period (~7% annualized). Risks of this strategy are discussed. For further details see: Small Change Profit Idea From TLI/GFY Liquidations

Western Asset Corporate Loan Fund Inc. (the “Fund”) (NYSE: TLI) announced today the results of the votes cast at the special meeting of stockholders held on November 13, 2020. Stockholders voted to approve the liquidation and dissolution of the Fund pursuant to the Pla...

Western Asset Corporate Loan Fund Inc. (NYSE: TLI) today announced the financial position of the Fund as of June 30, 2020. Footnotes: (a) The difference between the Fund’s total assets and total net assets is due primarily to its use of borrowings; total net assets do not inclu...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of September, October, and November 2020. The following dates apply to the distribution schedule below: This press release is not for tax reporting purp...

Western Asset Corporate Loan Fund Inc. (the “Fund”) announced today that the Fund’s Board of Directors (the “Board”) has set a record date of September 18, 2020 for determining those stockholders of the Fund entitled to notice of and to vote at the special m...