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(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...
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...
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...
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...
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 ...
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...
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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...
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...
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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Western Asset Corporate Loan Fund Inc Company Name:
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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...
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...