Western Asset High Yield Defined Opportunity Fund Inc. Declares Distribution for the Months of March, April and May 2017, Payable on April 3, 2017, May 1, 2017 and June 1, 2017, Respectively
February 14, 2017 at 08:00 am EST
Share
Legg Mason Partners Fund Advisor, LLC announced distribution of $0.10050 per share on Western Asset High Yield Defined Opportunity Fund Inc. for the months of March, April and May 2017. The dividend payable on April 3, 2017, May 1, 2017 and June 1, 2017 with the record date of March 24, 2017, April 21, 2017 and May 19, 2017, respectively. Ex-dividend dates are March 22, 2017, April 19, 2017 and May 17, 2017, respectively.
Western Asset High Yield Defined Opportunity Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fundâs primary investment objective is to provide high income. The Fund seeks capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in a portfolio of high-yield corporate fixed-income securities with varying maturities. The Fund invests in various industrial sectors, which include communications, consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate and utilities. Legg Mason Partners Fund Advisor, LLC (LMPFA) is the Fundâs investment manager.
Western Asset High Yield Defined Opportunity Fund Inc. Declares Distribution for the Months of March, April and May 2017, Payable on April 3, 2017, May 1, 2017 and June 1, 2017, Respectively