Western Asset Intermediate Muni Fund Inc. (AMEX: SBI) as of June 30, 2008.
Investment Objective: The Fund seeks as high a level of current income exempt from Federal income tax as is consistent with prudent investing.
Portfolio Composition*: | ||
Asset Allocation | ||
Municipals | 100.0% | |
Top Ten Municipal Sectors | ||
| Pre-Refunded | 23.9% | |
| Health Care | 14.7% | |
| Industrial Revenue | 13.6% | |
| Power | 11.2% | |
| Local | 10.1% | |
| Transportation | 7.5% | |
| Education | 3.8% | |
| Water & Sewer | 3.3% | |
| Lease | 3.0% | |
| Special Tax | 2.8% | |
Credit Quality Allocation (Higher of S&P/Moody/Fitch) | ||
| Aaa/AAA | 41.3% | |
| Aa/AA | 28.3% | |
| A/A | 19.5% | |
| Baa/BBB | 7.6% | |
| Ba/BB | 2.4% | |
| B/B | 0.9% | |
Call Statistics | ||
| Not Callable | 22.3% | |
| 2008 | 9.3% | |
| 2009 | 3.9% | |
| 2010 | 9.7% | |
| 2011 | 10.1% | |
| 2012 | 16.8% | |
| 2013 | 1.9% | |
| 2014 | 5.4% | |
| 2015 | 3.9% | |
| 2016 | 5.4% | |
| 2017 | 1.6% | |
| 2018 | 9.7% | |
Average Coupon (%) | 5.8 | |
Average Life (years) | 5.6 | |
Effective Duration (years) | 4.2 | |
Average Credit Quality (S&P) | AA- | |
Portfolio Statistics: | ||
| Inception Date | March 2, 1992 | |
| Inception Price | $10.00 | |
| Total Net Assets | $133,121,760 | |
| Market Price | $8.53 | |
| NAV | $9.49 | |
(Daily NAV is available on market quotation systems using the symbol XSBIX.) | ||
| Distribution Rate | $0.0340 per share | |
| Frequency | Monthly (Declared quarterly, paid monthly) | |
| Leverage** | 27.30% | |
* Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time.
** The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. If the Fund establishes a segregated account in which it maintains cash and/or liquid securities equal in value to its obligation in respect of the reverse repurchase agreements (or other instruments), these investments are not considered to be a borrowing or a "senior security" for purposes of the asset coverage requirements under the 1940 Act, although they may have the same economic effect as other types of leverage.
Western Asset Intermediate Muni Fund Inc., a diversified closed-end investment management company, is advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, an affiliate of the adviser.
Past performance is no guarantee of future results. An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate.
For more information, please call Fund Investor Services at 888-777-0102 or consult the Fund’s web site at www.leggmason.com/cef.
Contacts:
Fund Investor
Services
888-777-0102
www.leggmason.com/cef
