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TLI News and Press, Western Asset Corporate Loan Fund Inc From 05/15/20

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Company Name: Western Asset Corporate Loan Fund Inc
Stock Symbol: TLI
Market: NYSE

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TLI - CEF Weekly Commentary: May 3, 2020

(This is our Weekly Commentary from May 3. All data is from that date. We send out our Weekly Commentaries every Sunday evening). Macro Picture Equities ended the week mixed although the last two days were fairly weak, ending on a dour note. There's clearly a tug of war going on as inves...

TLI - Western Asset Corporate Loan Fund Inc. Announces Modification of Investment Policy

Western Asset Corporate Loan Fund Inc. (NYSE: TLI) announced today that the Fund has modified its investment policy relating to investments in collateralized senior loans. Effective today, under normal market conditions, the Fund invests at least 80% of managed assets in collateralized senior...

TLI - Closed-End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Board Approval of New Management and Subadvisory Contracts

ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO), ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR), BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG), LMP Capital and Income Fun...

TLI - Western Asset Corporate Loan Fund Announces Results of 2020 Annual Meeting of Stockholders

Nisha Kumar, Eileen A. Kamerick and Daniel P. Cronin Will Continue to Serve on the Board Western Asset Corporate Loan Fund Inc. (NYSE: TLI) (the “Fund”) today announced that, based on certified voting results from the Fund’s 2020 Annual Meeting of Stockholders (the...

TLI - Leverage loan, private debt faces biggest threat from virus, UBS says

UBS credit strategist tells Bloomberg News that in U.S. credit markets, leveraged loans and private debt are facing the biggest threat from the economic repercussions of Covid-19. More news on: Invesco Senior Loan ETF, Blackstone/GSO Strategic Credit Fund, Voya Prime Rate Trust, Financial ...

TLI - Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote "FOR" Western Asset Corporate Loan Fund's Director Nominees

Western Asset Corporate Loan Fund Urges Stockholders to Protect the Value of Their Investment by Voting “FOR” the Fund’s Director Nominees on the WHITE Proxy Card Western Asset Corporate Loan Fund Inc. (NYSE: TLI) (“the Fund”) today announced that In...

TLI - The Chemist's 'High-High-Low' Closed-End Fund Report: January 2020

Note : This article was released to CEF/ETF Income Laboratory members on Jan. 28, 2020. Please check latest data before investing. Chemist's "High-High-Low" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500+ closed-end f...

TLI - Western Asset Corporate Loan Fund Inc. Announces Financial Position as of December 31, 2019

Western Asset Corporate Loan Fund Inc. (NYSE: TLI) today announced the financial position of the Fund as of December 31, 2019. 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 i...

TLI - Western Asset Corporate Loan Fund declares $0.066 dividend

Western Asset Corporate Loan Fund (NYSE: TLI ) declares $0.066/share monthly dividend , 4.8% increase from prior dividend of $0.063. Forward yield 7.74% Payable April 1; for shareholders of record March 24; ex-div March 23. Payable May 1; for shareholders of record April 23; ex-d...

TLI - Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2020

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2020. The following dates apply to the distribution schedule below: (a) Included in the March distribution is approximately $0...

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