Western Asset Global Partners Income Fund Inc. Announces Financial Position as of May 31, 2014
July 14 2014 - 7:00AM
Business Wire
Western Asset Global Partners Income Fund Inc. (NYSE:GDF) today
announced the financial position of the Fund as of May 31,
2014.
Current Q
Previous Q Prior Yr Q May 31, 2014 February
28, 2014 May 31, 2013 Total Assets (a) $
242,323,173 $ 237,408,454 $ 249,997,146 Total Net
Assets (a) $ 187,056,264 $ 183,440,907 $ 190,407,647 NAV Per Share
of Common Stock (b) $ 12.00 $ 11.77 $ 12.22 Market Price Per Share
$ 11.28 $ 11.01 $ 12.30 Premium / (Discount) (6.00 )% (6.46 )% 0.65
% Outstanding Shares 15,586,783 15,586,783 15,586,783 Total
Net Investment Income (c) $ 3,302,282 $ 3,502,110 $ 3,850,394 Total
Net Realized/Unrealized Gain/(Loss) (c) $ 3,937,002 $
2,156,653 $ (3,009,106 ) Net Increase
(Decrease) in Net Assets From Operations (c) $ 7,239,284
$ 5,658,763 $ 841,288
Earnings per Common
Share Outstanding
Total Net Investment Income (c) $ 0.21 $ 0.22 $ 0.25 Total Net
Realized/Unrealized Gain/(Loss) (c) $ 0.25 $
0.14 $ (0.19 ) Net Increase (Decrease) in Net Assets
From Operations (c) $ 0.46 $ 0.36 $
0.06 Undistributed/(Overdistributed) Net
Investment Income (d) $ (1,365,542 ) $ (1,043,895 ) $ 1,497,943
Undistributed/(Overdistributed) Net Investment Income Per Share (d)
$ (0.09 ) $ (0.07 ) $ 0.10 Loan Outstanding (d) $ 39,000,000
$ 39,000,000 $ 39,000,000 Reverse Repurchase Agreements (d) $
14,537,809 $ 14,007,791 $ 16,594,152 Footnotes:
(a)
The difference between total assets and
total net assets is due primarily to the Fund’s use of borrowings;
total net assets do not include borrowings.
(b)
NAVs are calculated as of the close of
business on the last business day in the periods indicated
above.
(c)
For the quarter indicated.
(d)
As of the date indicated above.
This financial data is unaudited.
The Fund files its semi-annual and annual
reports with the Securities and Exchange Commission, as well as its
complete schedule of portfolio holdings for the first and third
quarters of each fiscal year on Form N-Q. These reports are
available on the Commission’s website at
www.sec.gov. To obtain information on Form
N-Q or a semi-annual or annual report from the Fund, shareholders
can call 1-888-777-0102.
Western Asset Global Partners Income Fund Inc., a
non-diversified, closed-end investment management company, is
managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned
subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset
Management Company, an affiliate of the investment manager.
For more information, please call 1-888-777-0102 or consult the
Fund’s web site at www.lmcef.com.
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 Fund.
Media:Western Asset Global Partners Income Fund Inc.Maria
Rosati, 212-805-6036mrosati@leggmason.com
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