Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Conference Call
August 13 2009 - 2:37PM
Business Wire
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
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