Western Asset Municipal Defined Opportunity Trust Inc. (NYSE: MTT) Announces Completed Termination
03 Mayo 2021 - 7:00AM
Business Wire
Western Asset Municipal Defined Opportunity Trust Inc. (the
“Fund”) announced today that the Fund terminated as scheduled on
April 30, 2021. The proportionate interests of stockholders in the
assets of the Fund were determined as of that date. The Fund’s
liquidating distribution of $21.1993 per share is anticipated to be
paid on or about May 5, 2021. Prior to the opening of business on
May 3, 2021, the Fund ceased trading on the New York Stock
Exchange.
The Fund, a non-diversified, closed-end management investment
company, is managed by Legg Mason Partners Fund Advisor, LLC
(“LMPFA”) and is sub-advised by Western Asset Management Company,
LLC (“Western Asset”), an affiliate of LMPFA. Both LMPFA and
Western Asset are indirect, wholly-owned subsidiaries of Franklin
Resources, Inc. (“Franklin Resources”).
The Fund files its semi-annual and annual reports with the
Securities and Exchange Commission (the “SEC”). These reports are
available on the SEC’s website at www.sec.gov. Contact the Fund at
1-888-777-0102 for additional information, or consult the Fund's
web site at www.lmcef.com. Hard copies of the Fund’s complete
audited financial statements are available free of charge upon
request.
Data and commentary provided in this press release are for
informational purposes only. This press release may contain
statements regarding plans and expectations for the future that
constitute forward-looking statements within the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are
based on the Fund’s current plans and expectations, and are subject
to risks and uncertainties that could cause actual results to
differ materially from those described in the forward-looking
statements. Additional information concerning such risks and
uncertainties are contained in the Fund’s filings with the SEC.
Franklin Resources and its affiliates do not engage in selling
shares of the Fund.
Category: Fund Announcement
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
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