Western Asset Global Partners Income Fund Inc., which is listed on the New York Stock Exchange under the symbol ?GDF?, today announced the financial position of the Fund as of November 30, 2010.
Current Q | Previous Q | Prior Yr Q | ||||||||||||
November 30, 2010 | August 31, 2010 | November 30, 2009 | ||||||||||||
Total Assets (a) | $ | 254,558,621 | $ | 237,778,580 | $ | 225,643,196 | ||||||||
Total Net Assets (a) | $ | 182,306,230 | $ | 178,837,908 | $ | 166,322,886 | ||||||||
NAV Per Share of Common Stock (b) | $ | 11.83 | $ | 11.62 | $ | 10.85 | ||||||||
Market Price Per Share | $ | 12.68 | $ | 12.55 | $ | 11.59 | ||||||||
Premium / (Discount) | 7.19 | % | 8.00 | % | 6.82 | % | ||||||||
Outstanding Shares | 15,411,891 | 15,393,518 | 15,335,901 | |||||||||||
Total Net Investment Income (c) | $ | 4,458,371 | $ | 4,248,291 | $ | 4,491,062 | ||||||||
Total Net Realized/Unrealized Gain/(Loss) (c) | $ | 3,191,582 | $ | 10,031,411 | $ | 11,917,004 | ||||||||
Net Increase (Decrease) in Net Assets From Operations (c) | $ | 7,649,953 | $ | 14,279,702 | $ | 16,408,066 | ||||||||
Earnings per Common Share Outstanding | ||||||||||||||
Total Net Investment Income (c) | $ | 0.29 | $ | 0.28 | $ | 0.29 | ||||||||
Total Net Realized/Unrealized Gain/(Loss) (c) | $ | 0.21 | $ | 0.65 | $ | 0.78 | ||||||||
Net Increase (Decrease) in Net Assets From Operations (c) | $ | 0.50 | $ | 0.93 | $ | 1.07 | ||||||||
Undistributed/(Overdistributed) Net Investment Income (d) | $ | 2,827,840 | $ | 2,758,349 | $ | 1,833,769 | ||||||||
Undistributed/(Overdistributed) Net Investment Income | ||||||||||||||
Per Share (d) | $ | 0.18 | $ | 0.18 | $ | 0.12 | ||||||||
Loan Outstanding (d) | $ | 33,000,000 | $ | 33,000,000 | $ | 33,000,000 | ||||||||
Footnotes: | ||
(a) | The difference between total assets and total net assets is due primarily to the Fund's use of borrowings; total net assets do not include borrowings. | |
(b) | NAVs are calculated as of the close of business on the last business day in the periods indicated above. | |
(c) | For the quarter indicated. | |
(d) | As of the date indicated above. |
This financial data is unaudited.
The Fund files its semi-annual and annual reports with the Securities and Exchange Commission, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission's website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset Global Partners Income Fund Inc., a non-diversified closed-end investment management company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
For more information, please call 1-888-777-0102 or consult the Fund's web site at www.leggmason.com/cef.
Data and commentary provided within this press release are for informational purposes only. Legg Mason, Inc. and its affiliates do not engage in selling any of the shares of the Fund.
Legg Mason & Co., LLC
Brenda Grandell, 212-857-8087
Director,
Closed-End Funds