Jeanne Kelly

Western Asset Municipal Defined Opportunity Trust, Inc. is a non-diversified and closed-end management investment company. Its objective is to provide high current income exempt from federal income tax. It also engages in the investment activities on behalf of the fund’s shareholders. The company was founded on January 15, 2009 and is headquartered in New York, NY.

Western Asset Global Corporate Defined Opportunity Fund, Inc. operates as a closed-end investment fund/investment trust. It provides income and intend to seek capital appreciation. It invests in a global portfolio of securities consisting of investment grade fixed-income securities, emerging market fixed-income securities and investment grade fixed-income securities. The company was founded on September 17, 2009 and is headquartered in New York, NY.

Western Asset Mortgage Opportunity Fund, Inc. engages in seeking capital appreciation and provision of current income. It invests in a diverse portfolio of mortgage-backed securities which includes non-agency residential and commercial mortgage-backed securities. The company was founded on December 11, 2009 and is headquartered in New York, NY.

Western Asset High Yield Defined Opportunity Fund, Inc. is a closed-end management investment company. It engages in the business of investing in a portfolio of high-yield corporate fixed income securities with varying maturities. The company was founded on July 20, 2010 and is headquartered in New York, NY.

Permal Hedge Strategies Fund is a newly organized, non-diversified, closed-end management and investment company. Its investment objective is to seek long-term capital appreciation while attempting to reduce risk and volatility. The fund invests primarily in the Portfolio Funds, with access to a broad range of investment strategies with a global fixed income focus, which may include, but are not limited to, global fixed income strategies, global event-driven strategies and global macro strategies and, to a lesser extent, equity long/short strategies. The company is headquartered in New York, NY.

Western Asset Middle Market Debt Fund, Inc. acts as Closed-End Investment Fund/Investment Trust. Its primary investment objective is to provide income and secondary investment objective, the Fund seeks capital appreciation. The fund seeks to achieve its investment objectives by investing, under normal market conditions including loans, issued by middle market companies. Western Asset Middle Market Debt Fund is headquartered in New York, NY.

Western Asset High Income Opportunity Fund, Inc. is a closed-end investment fund. Its investment objectives are to seek high current income and capital appreciation. The firm invests in high-yield debt securities. The company was founded on November 16, 1993 and is headquartered in New York, NY.

Western Asset Emerging Markets Debt Fund, Inc. operates as a closed-end investment fund or investment trust. It intends to provide total return and current income. The company was founded on April 16, 2003 and is headquartered in New York, NY.