Western Asset Intermediate Municipal Fund Inc. (SBI)
7.8300
+0.0400 (0.51%)
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Retirement of Directors
The Board of each Fund announced the retirements of Daniel J. Cronin and Paolo M. Cucchi as Directors, and the number of Directors constituting the entire Board of the Funds will be decreased from ten to eight, effective December 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · December 20, 2024
Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of December 2024, January and February 2025
Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of December 2024, January and February 2025.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 19, 2024
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Appointment of New Chair and Directors
The Board of each Fund announced today the elevation of independent Director Eileen A. Kamerick to Chair of Board, effective November 15, 2024. Ms. Kamerick replaces Jane Trust, the former Chair of the Board of the Funds. Ms. Trust will continue to serve as an interested Director of the Funds. The Boards also announced the appointments of Anthony Grillo, Peter Mason and Hillary Sale as Directors of the Funds, effective November 15, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 15, 2024
Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of August 31, 2024
Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of August 31, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 29, 2024
Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of September, October and November 2024
Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · August 6, 2024
Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of June, July and August 2024
Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · May 22, 2024
Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of February 29, 2024
Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of February 29, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · April 29, 2024
Western Asset Intermediate Muni Fund Inc. Announces Results of Annual Meeting of Stockholders
Western Asset Intermediate Muni Fund Inc. (the “Fund”) (NYSESBI) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held April 12, 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · April 17, 2024
Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) Announces Portfolio Management Team Update
Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · March 4, 2024
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2023, January and February 2024
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2023, January and February 2024.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 14, 2023
Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of August 31, 2023
Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of August 31, 2023.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 24, 2023
Western Asset Managed Municipals Fund Inc., Western Asset Municipal Partners Fund Inc., Western Asset Intermediate Muni Fund Inc. Announce Results of Stockholder Votes at Special Meeting of Stockholders Relating to Proposed Mergers
Western Asset Municipal Partners Fund Inc. (NYSEMNP) today announced the results of the votes cast at MNP’s re-convened Special Meeting of Stockholders held on August 11, 2023.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · August 14, 2023
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October and November 2023
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2023.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · August 2, 2023
Western Asset Managed Muncipals Fund Inc. Announces Results of Special Meeting of Stockholders: Proposal to Merge is Approved
Western Asset Managed Muncipals Fund Inc. (NYSEMMU) today announced the results of the votes cast at MMU’s Special Meeting of Stockholders held on July 14, 2023.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · July 17, 2023
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2023
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2023.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · May 15, 2023
Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of February 28, 2023
Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of February 28, 2023.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · April 24, 2023
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2023
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2023.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 14, 2023
Western Asset Intermediate Muni Fund Inc., Western Asset Municipal Partners Fund Inc. and Western Asset Managed Municipals Fund Inc. Announce Board Approval of Proposed Merger Plan
Western Asset Intermediate Muni Fund Inc. (NYSESBI), Western Asset Municipal Partners Fund Inc. NYSE: MNPNYSEMNP)(NYSE: MMUNYSEMMU today announced approval by each Fund’s Board of Directors of a proposal to merge (i) SBI with and into MMU and (ii) MNP with and into MMU, subject to approval by the stockholders of each Fund. The approval of each merger is not contingent upon the approval of the other merger. If approved, the mergers are anticipated to occur during the third quarter of 2023. If the proposed mergers are approved by the stockholders of each Fund, (i) common stockholders of SBI and MNP would receive common stock of MMU, based on each Fund’s respective net asset value (“NAV”) per share, (ii) holders of SBI’s and MNP’s variable rate demand preferred stock (“VRDPS”) would receive shares of VRDPS of MMU in the same number and with identical terms to their respective VRDPS, and (iii) holders of SBI’s, MNP’s and MMU’s auction rate preferred stock (“ARPS”) would have their shares redeemed in accordance with their terms in advance of the closing of the mergers. Any redemption of ARPS will be contingent upon shareholder approval of the merger for the specific Fund. In lieu of issuing fractional shares of common stock, MMU will pay cash to each former common stockholder of SBI and MNP in an amount equal to the value of the fractional shares of MMU common stock that the investor would otherwise have received in the merger.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · February 13, 2023
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2022, January and February 2023
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2022, January and February 2023.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 14, 2022
Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of August 31, 2022
Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of August 31, 2022.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 24, 2022
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October, and November 2022
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of September, October, and November 2022.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · August 2, 2022
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July, and August 2022
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July, and August 2022.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · May 17, 2022
Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of February 28, 2022
Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of February 28, 2022.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · April 27, 2022
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2021, January and February 2022
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2021, January and February 2022.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · November 17, 2021
Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of August 31, 2021
Western Asset Intermediate Muni Fund Inc. (NYSESBI) today announced the financial position of the Fund as of August 31, 2021.
By Franklin Resources, Inc. and Legg Mason Closed End Funds · Via Business Wire · October 20, 2021