Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) & Western Asset Premier Bond Fund (NYSE: WEA) (each a ...
15 Luglio 2020 - 2:00PM
Business Wire
The Funds announced that, based on certified voting results from
the Funds’ Special Meeting of Shareholders (the “Special Meeting”),
shareholders have voted to approve the new management agreement for
each Fund’s adviser and the new subadvisory agreements for each
Fund’s subadvisers. Approval of these new agreements was proposed
in connection with the pending combination of Legg Mason Inc.
(“Legg Mason”), the parent company of the Funds’ adviser and
subadvisers, and Franklin Resources, Inc., a global investment
management organization operating as Franklin Templeton (the
“Transaction”), which will result in the automatic termination of
the Funds’ current management and subadvisory agreements. The new
management and subadvisory agreements will each become effective
upon the consummation of the Transaction.
Each Fund is a diversified closed-end management investment
company that is advised by Western Asset Management Company, LLC,
an affiliate of Legg Mason, and is sub-advised by each of Western
Asset Management Company Limited, Western Asset Management Company
Ltd, and Western Asset Management Company Pte. Ltd., each of which
is an affiliate of the adviser. An investment in the Funds involves
risk, including loss of principal. Investment return and the value
of shares will fluctuate.
Any data and commentary provided in this press release are for
informational purposes only. This press release may contain
statements regarding plans and expectations for the future that
constitute forward-looking statements within the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are
based on the Funds’ current plans and expectations, and are subject
to risks and uncertainties that could cause actual results to
differ materially from those described in the forward-looking
statements. Additional information concerning such risks and
uncertainties are contained in the Funds’ filings with the
Securities and Exchange Commission (the “SEC”).
Each Fund files its semi-annual and annual reports with the SEC.
These reports are available on the SEC’s website at www.sec.gov.
For more information, please call Investor Relations:
1-888-777-0102, or consult the Funds’ website at www.lmcef.com. The
information contained on the Funds’ website is not part of this
press release. Hard copies of each Fund’s complete audited
financial statements are available free of charge upon request.
Category: Fund Announcement
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version on businesswire.com: https://www.businesswire.com/news/home/20200715005386/en/
Media: Fund Investor Services-1-888-777-0102
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