On April 17, 2020, Saba Capital Management, L.P. announced that it has furnished definitive proxy statement and the enclosed its proxy card to seek the support of shareholders of Western Asset Management Company, LLC at the special meeting on June 5, 2020 to vote against each of the following proposals: 1) to approve a new management agreement with Legg Mason Partners Fund Advisor, LLC; 2) to approve a new sub advisory agreement with the Company; and 3) to transact any other business that may come before the special meeting.