Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July, August and September 2016.

The following dates apply to the distribution schedule below:

                                  Month         Record Date         Ex-Dividend Date         Payable Date June         6/17/2016         6/15/2016         6/24/2016 July         7/22/2016         7/20/2016         7/29/2016 August         8/19/2016         8/17/2016         8/26/2016 September         9/23/2016         9/21/2016         9/30/2016                                                               Ticker       Fund Name           Month       Amount           Type      

Change from Previous Distribution

PAI Western Asset Income Fund June $0.0575 Income - July $0.0575 Income - Aug $0.0575 Income -                     Sept       $0.0575           Income       - WEA Western Asset Premier Bond Fund June $0.0850 a Income $(0.0050) July $0.0850 Income - Aug $0.0850 Income -                     Sept       $0.0850           Income       -  

a The Fund has decreased its distributions to a level that better approximates the current level of net investment income generated by its investment portfolio.

 

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 Directors. In early 2017, 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).

For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ web site at www.lmcef.com. 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. Legg Mason and its affiliates do not engage in selling shares of the Funds.

Media:Legg MasonMaria Rosati, 212-805-6036mrosati@leggmason.com

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