Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI), the most recent addition to the closed-end fund family affiliated with Legg Mason, Inc., announced today a conference call to update investors on the Fund’s performance and investment activities since its successful initial public offering on June 25, 2009. The call will be held on August 18, 2009 at 4:15 p.m. (Eastern time). Michael Buchanan, the Head of Global Credit at Western Asset Management, will discuss the Fund’s investment portfolio and market outlook and will conclude with a question and answer session.

Investors can listen to this call by teleconference:

Dial-in information:

    Date: August 18, 2009   Time: 4:15 (Eastern Time)   USA Toll Free Number: 1-800-369-1145   Passcode: Legg Mason

A replay of the call will be made available and instructions on how to access the replay will be provided at a future date by press release.

Western Asset Investment Grade Defined Opportunity Trust’s primary investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund’s net assets to stockholders on or about December 2, 2024. As a secondary investment objective, the Fund will seek capital appreciation. There can be no assurance, however, that the Fund’s investment objectives will be achieved.

The Fund primarily invests in investment grade corporate fixed-income securities of varying maturities and seeks to offer investors a risk-conscious approach to the long-term growth potential of this market sector.

It expands the existing closed-end fund offerings that encompass a range of taxable and tax-exempt investment objectives. Other funds in the Legg Mason-affiliated closed-end fund family include Western Asset Emerging Markets Floating Rate Fund Inc. (NYSE: EFL), Western Asset Global High Income Fund Inc. (NYSE: EHI), Western Asset Emerging Markets Income Fund Inc. (NYSE: EMD), Western Asset Emerging Markets Debt Fund Inc. (NYSE: ESD), Western Asset Global Partners Income Fund Inc. (NYSE: GDF), Western Asset Variable Rate Strategic Fund Inc. (NYSE: GFY), Western Asset High Income Fund Inc. (NYSE: HIF), Western Asset High Income Opportunity Fund Inc. (NYSE: HIO), Western Asset High Income Fund II Inc. (NYSE: HIX), Western Asset Inflation Management Fund Inc. (NYSE: IMF), Western Asset Managed High Income Fund Inc. (NYSE: MHY), Western Asset Income Fund (NYSE: PAI), Western Asset Worldwide Income Fund Inc. (NYSE: SBW), and Western Asset Premier Bond Fund (NYSE: WEA).

Tax-exempt funds include Western Asset Intermediate Muni Fund Inc. (NYSE Amex: SBI), Western Asset Municipal High Income Fund Inc. (NYSE: MHF), Western Asset Managed Municipals Fund Inc. (NYSE: MMU), Western Asset Municipal Defined Opportunity Trust Inc. (NYSE: MTT) and Western Asset Municipal Partners Fund Inc. (NYSE: MNP).

Legg Mason Partners Fund Advisor, LLC (”LMPFA”) is the Fund's investment manager. Investment sub-advisory services are provided by Western Asset Management Company (“WAM”). LMPFA and WAM are both wholly-owned subsidiaries of Legg Mason, Inc.

Legg Mason is the 6th largest closed-end fund manager in the U.S., with $7.2 billion in assets under management as of June 30, 2009.

SYMBOLS:

NYSE: EFL; EHI; EMD; ESD; GDF; GFY; HIF; HIO; HIX; IGI; IMF; MHF; MHY; MMU; MNP; MTT; PAI; SBW; SCD; WEA

NYSE Amex: SBI

LMP Capital and Income (NYSE:SCD)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more LMP Capital and Income Charts.
LMP Capital and Income (NYSE:SCD)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more LMP Capital and Income Charts.