Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Distributions for the Months of June, July and August 2017, Payable on July 03, 2017, August 01, 2017, and September 1, 2017 Respectively
May 17, 2017 at 08:00 am EDT
Share
Western Asset Investment Grade Defined Opportunity Trust Inc. declared monthly distributions of $0.07790 per common share for June 2017, $0.01210 per common share for June 2017 from long-term capital gains, $0.09000 per common share for July 2017 and $0.09000 per common share for Aug. 2017. The distributions are payable on July 03, 2017, August 01, 2017, and September 1, 2017 to the shareholders record on June 23, 2017, July 21, 2017 and August 25, 2017 with the ex-dividend date of June 21, 2017, July 19, 2017 and August 23, 2017 respectively.
Western Asset Investment Grade Defined Opportunity Trust Inc. is a non-diversified, closed-end management investment company. The Fund'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. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in investment grade corporate fixed-income securities of varying maturities. The Fund's investment portfolio sectors include corporate bonds and notes; consumer discretionary; consumer staples; financials; energy; health care; industrials; information technology; utilities; materials; communication services; municipal bonds, and real estate. Legg Mason Partners Fund Advisor, LLC is the Fund's investment manager.
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Distributions for the Months of June, July and August 2017, Payable on July 03, 2017, August 01, 2017, and September 1, 2017 Respectively