Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of September, October and November 2024

NEW YORK--(BUSINESS WIRE)--September 12, 2024-- 

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2024.

The following dates apply to the distribution schedule below:

 
  Month    Record Date  Ex-Dividend Date  Payable Date 
September   9/23/2024      9/23/2024       10/1/2024 
 October   10/24/2024      10/24/2024      11/1/2024 
November   11/21/2024      11/21/2024      12/2/2024 
 
 
                                                              Change from 
                                                               Previous 
Ticker   Fund Name             Month      Amount    TYPE     Distribution 
-------  ------------------  ----------  --------  ------  ----------------- 
         Western Asset 
          Investment Grade 
PAI       Income Fund Inc.   September   $0.05150  Income          - 
                              October    $0.05150  Income 
                              November   $0.05150  Income 
-------  ------------------  ----------  --------  ------  ----------------- 
         Western Asset 
          Premier Bond 
WEA       Fund               September   $0.07000  Income          - 
                 October                 $0.07000  Income 
                November                 $0.07000  Income 
  -------------------------------------  --------  ------  ----------------- 
 

This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund's distributions that have been declared by the Board of Trustees. In early 2025, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return (e.g., ordinary income, long-term capital gain or return of capital).

Franklin Templeton Fund Adviser, LLC (formerly known as Legg Mason Partners Fund Advisor, LLC) is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. ("Franklin Resources").

For more information about the Funds, please call 1-888-777-0102 or consult the Funds' website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds' complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds.

The Funds' common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor's risk of loss. All investments are subject to risk, including the risk of loss.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Category: Distribution Related

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912698339/en/

 
    CONTACT: 

Investor Contact: Fund Investor Services 1-888-777-0102

(END) Dow Jones Newswires

September 12, 2024 08:00 ET (12:00 GMT)