Western Asset Intermediate Muni Fund Inc. Declares Dividend for the Months of March, April and May, Payable on April 1, 2019, May 1, 2019 and June 3, 2019 Respectively
February 20, 2019 at 08:30 am EST
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Western Asset Intermediate Muni Fund Inc. declared dividend of $0.02750 for the months of March 2019, April 2019 and May 2019, payable on April 1, 2019, May 1, 2019 and June 3, 2019 to the shareholders record on March 22, 2019, April 18, 2019 and May 24, 2019 with the ex-dividend date of March 21, 2019, April 17, 2019 and May 23, 2019 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. Declares Dividend for the Months of March, April and May, Payable on April 1, 2019, May 1, 2019 and June 3, 2019 Respectively