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 2016.

The following dates apply to the distribution schedule below:

             
Month   Record Date   Ex-Dividend Date   Payable Date
June   6/17/2016   6/15/2016   6/24/2016
July   7/22/2016   7/20/2016   7/29/2016
August   8/19/2016   8/17/2016   8/26/2016
     
           
Ticker   Fund Name   Month   Amount       Type  

Change
from
Previous
Distribution

TLI

Western Asset Corporate Loan Fund Inc. Jun $0.07250 Income -
Jul $0.07250 Income
        Aug   $0.07250       Income    

HIX

Western Asset High Income Fund II Inc. Jun $0.06150 a Income $(0.0050)
Jul $0.06150 Income
        Aug   $0.06150       Income    

HIO

Western Asset High Income Opportunity Fund Inc. Jun $0.03550 † Income -
 
                         

MHY

Western Asset Managed High Income Fund Inc. Jun $0.03450 † Income -
 
                         

HYI

Western Asset High Yield Defined Opportunity Fund Inc. Jun $0.11000 Income -
Jul $0.11000 Income
        Aug   $0.11000       Income    

EHI

Western Asset Global High Income Fund Inc. Jun $0.09625 †† Income -
 
                         

GDF

Western Asset Global Partners Income Fund Inc. Jun $0.07250 †† Income -
 
                         

GDO

Western Asset Global Corporate Defined Opportunity Fund Inc. Jun $0.11350 Income -
Jul $0.11350 Income
        Aug   $0.11350       Income    

GFY

Western Asset Variable Rate Strategic Fund Inc. Jun $0.07750 Income -
Jul $0.07750 Income
        Aug   $0.07750       Income    

IGI

Western Asset Investment Grade Defined Opportunity Trust Inc. Jun $0.06560 Income -
Jun $0.03440 LTCG
Jul $0.10000 Income
        Aug   $0.10000       Income    

DMO

Western Asset Mortgage Defined Opportunity Fund Inc. Jun $0.23500 Income -
Jul $0.23500 Income
        Aug   $0.23500       Income    

SBI

Western Asset Intermediate Muni Fund Inc. Jun $0.04000 Income -
Jul $0.04000 Income
        Aug   $0.04000       Income    

MMU

Western Asset Managed Municipals Fund Inc. Jun $0.06500 Income -
Jul $0.06500 Income
        Aug   $0.06500       Income    

MHF

Western Asset Municipal High Income Fund Inc. Jun $0.02650 a, b Income $(0.0015)
Jul $0.02650 Income
        Aug   $0.02650       Income    

MNP

Western Asset Municipal Partners Fund Inc. Jun $0.07250 Income -
Jul $0.07250 Income
        Aug   $0.07250       Income    

MTT

Western Asset Municipal Defined Opportunity Trust Inc. Jun $0.08400 c Income -
Jul $0.08400 Income
        Aug   $0.08400       Income    
  Abbreviation: LTCG – Long-Term Capital Gains
a The Fund has decreased its distributions to a level that better approximates the current level of net investment income generated by its investment portfolio.
b Included in the June distribution is approximately $0.000048 of taxable ordinary income.
c Included in the June distribution is approximately $0.000146 of taxable ordinary income.
† On November 16, 2015, MHY and HIO announced approval by each Fund’s Board of Directors of a proposal to merge MHY with and into HIO, subject to approval by the stockholders of each Fund. MHY and HIO, each intend to announce distribution rates for each respective fund on a monthly basis until voting results of the merger proposal are determined.
†† On November 16, 2015, GDF and EHI announced approval by each Fund’s Board of Directors of a proposal to merge GDF with and into EHI, subject to approval by the stockholders of each Fund. GDF and EHI, each intend to announce distribution rates for each respective Fund on a monthly basis until voting results of the merger proposal are determined.
 

This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2017, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).

For more information about the Funds, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Funds’ complete audited financial statement are available free of charge upon request.

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 Funds.