Western Asset Intermediate Muni Fund Inc. Announces Distributions for the Months of December 2020, January and February 2021, Payable on December 31, 2020, February 01, 2021 and March 01, 2021 Respectively
November 17, 2020 at 08:00 am EST
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Western Asset Intermediate Muni Fund Inc. declared dividend of $0.02350 for the months of Months of December 2020, January and February 2021, payable on December 31, 2020, February 01, 2021 and March 01, 2021 respectively to the shareholders record on December 23, 2020, January 22, 2021 and February 19, 2021 with the ex-dividend date of December 22, 2020, January 21, 2021 and February 18, 2021 respectively.
Western Asset Intermediate Muni Fund Inc. (The Fund) is a closed-end management investment company. The Fundâs investment objective is to provide common shareholders a high level of current income exempts from regular federal income taxes consistent with prudent investing. Under normal market conditions, the Fund invests at least 80% of its total assets in municipal obligations. The Fund also maintains a dollar-weighted average effective maturity of between three and ten years. Under normal market conditions, the Fund will invest at least 80% of its total assets in debt securities that are, at the time of investment, rated investment grade by a nationally recognized statistical rating organization (NRSRO) or if unrated, of equivalent quality as determined by the investment manager. transportation, health care, power, education, housing, solid waste, leasing, short term investments, and others. The investment manager of the Fund is Legg Mason Partners Fund Advisor, LLC.
Western Asset Intermediate Muni Fund Inc. Announces Distributions for the Months of December 2020, January and February 2021, Payable on December 31, 2020, February 01, 2021 and March 01, 2021 Respectively