| LEGG MASON GLOBAL ASSET MANAGEMENT |
Legg Mason & Co., LLC 100 First Stamford Place, 7th Floor Stamford, CT 06902 |
T 203.703.7038 F 877.406.7351 tcmandia@leggmason.com |
November 18, 2010
VIA EDGAR
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
| Re: | Rule 17g-1 Filing for Registered Investment Companies | |
| Managed by Affiliates of Legg Mason, Inc. (the “Funds”) |
Ladies and Gentlemen:
Pursuant to Rule 17g-1(g)(1) under the Investment Company Act of 1940, as amended (the “1940 Act”), the following documents are hereby submitted for filing with the Securities and Exchange Commission: amended Rider Nos. 1 and 12 and new Rider No. 13 to the joint fidelity bond (the “Bond”) executed on behalf of the Funds. The Bond was filed with the Commission on October 8, 2010.
If you have any questions concerning this filing, please call Thomas C. Mandia at (203) 703-7038.
Very truly yours,
| /s/ Thomas C. Mandia |
| Thomas C. Mandia |
| Assistant Secretary, each of the Funds listed on Schedule I |
| /s/ R. Jay Gerken |
| R. Jay Gerken |
| President, each of the Funds listed on Schedule II |
Enclosures
| cc: | Jennifer L. Whitman | |
| Rosemary D. Emmens |
SCHEDULE I
LMP Corporate Loan Fund Inc.
Western Asset High Income Opportunity Fund Inc.
Western Asset Managed High Income Fund Inc.
Western Asset Managed Municipals Fund Inc.
Western Asset Municipal High Income Fund Inc.
LMP Real Estate Income Fund Inc.
Western Asset Intermediate Muni Fund Inc.
Western Asset High Income Fund Inc.
Western Asset High Income Fund II Inc.
Western Asset Worldwide Income Fund Inc.
Western Asset Global High Income Fund Inc.
Western Asset Emerging Markets Debt Fund Inc.
LMP Capital and Income Fund Inc.
Western Asset Emerging Markets Income Fund Inc.
Western Asset Global Partners Income Fund Inc.
Western Asset Municipal Partners Fund Inc.
Western Asset Variable Rate Strategic Fund Inc.
Western Asset Inflation Management Fund Inc.
Western Asset Municipal Defined Opportunity Trust Inc.
Western Asset Investment Grade Defined Opportunity Trust Inc.
Western Asset Global Corporate Defined Opportunity Fund Inc.
ClearBridge Energy MLP Fund Inc.
Western Asset Mortgage Defined Opportunity Fund Inc.
Western Asset High Yield Defined Opportunity Fund Inc.
Legg Mason Partners Equity Trust
Legg Mason ClearBridge Aggressive Growth Fund
Legg Mason ClearBridge Appreciation Fund
Legg Mason ClearBridge Capital Fund
Legg Mason ClearBridge Diversified Large Cap Growth Fund
Legg Mason ClearBridge Dividend Strategy Fund
Legg Mason Esemplia Emerging Markets Equity Fund
Legg Mason ClearBridge Equity Fund
Legg Mason ClearBridge Equity Income Builder Fund
Legg Mason Investment Counsel Financial Services Fund
Legg Mason ClearBridge Fundamental All Cap Value Fund
Legg Mason Batterymarch Global Equity Fund
Legg Mason Global Currents International All Cap Opportunity Fund
Legg Mason Global Currents International Small Cap Opportunity Fund
Legg Mason ClearBridge Large Cap Value Fund
Legg Mason ClearBridge Large Cap Growth Fund
Legg Mason Lifestyle Allocation 100%
Legg Mason Lifestyle Allocation 30%
Legg Mason Lifestyle Allocation 50%
Legg Mason Lifestyle Allocation 70%
Legg Mason Lifestyle Allocation 85%
Legg Mason ClearBridge Mid Cap Core Fund
Legg Mason ClearBridge Mid Cap Growth Fund
Legg Mason Capital Management All Cap Fund
Legg Mason Batterymarch S&P 500 Index Fund
Legg Mason ClearBridge Small Cap Growth Fund
Legg Mason ClearBridge Small Cap Value Fund
Legg Mason Investment Counsel Social Awareness Fund
Legg Mason Target Retirement 2015
- 2 -
Legg Mason Target Retirement 2020
Legg Mason Target Retirement 2025
Legg Mason Target Retirement 2030
Legg Mason Target Retirement 2035
Legg Mason Target Retirement 2040
Legg Mason Target Retirement 2045
Legg Mason Target Retirement 2050
Legg Mason Target Retirement Fund
Legg Mason Batterymarch U.S. Large Cap Equity Fund
Legg Mason Permal Tactical Allocation Fund
Legg Mason Partners Income Trust
Legg Mason Western Asset Adjustable Rate Income Fund
Legg Mason Western Asset California Municipals Fund
Legg Mason Western Asset Core Bond Fund
Legg Mason Western Asset Core Plus Bond Fund
Legg Mason Western Asset Corporate Bond Fund
Legg Mason Western Asset Global High Yield Bond Fund
Legg Mason Western Asset Global Inflation Management Fund
Legg Mason Western Asset Government Securities Fund
Legg Mason Western Asset High Income Fund
Legg Mason Western Asset Intermediate Maturity California Municipals Fund
Legg Mason Western Asset Intermediate Maturity New York Municipals Fund
Legg Mason Western Asset Intermediate-Term Municipals Fund
Legg Mason Western Asset Managed Municipals Fund
Legg Mason Western Asset Massachusetts Municipals Fund
Legg Mason Western Asset Municipal High Income Fund
Legg Mason Western Asset New Jersey Municipals Fund
Legg Mason Western Asset New York Municipals Fund
Legg Mason Western Asset Oregon Municipals Fund
Legg Mason Western Asset Pennsylvania Municipals Fund
Legg Mason Western Asset Short Duration Municipal Income Fund
Legg Mason Western Asset Short-Term Bond Fund
Legg Mason Western Asset Strategic Income Fund
Western Asset Emerging Markets Debt Portfolio
Western Asset Global High Yield Bond Portfolio
Legg Mason Partners Money Market Trust
Western Asset California Tax Free Money Market Fund
Western Asset Liquid Reserves
Western Asset Connecticut Municipal Money Market Fund
Western Asset New York Tax Free Money Market Fund
Western Asset Tax Free Reserves
Western Asset U.S. Treasury Reserves
Western Asset California Municipal Money Market Fund
Western Asset Massachusetts Municipal Money Market Fund
Western Asset New York Municipal Money Market Fund
Western Asset Money Market Fund
Western Asset Government Money Market Fund
Western Asset Municipal Money Market Fund
Legg Mason Partners Institutional Trust
Western Asset Institutional Money Market Fund
Western Asset Institutional Cash Reserves
Western Asset Institutional Liquid Reserves
Western Asset Institutional Tax Free Reserves
Western Asset Institutional U.S. Treasury Reserves
- 3 -
Western Asset Institutional Government Reserves
Western Asset Institutional AMT Tax Free Municipal Money Market Fund
Legg Mason Western Asset SMASh Series C Fund
Legg Mason Western Asset SMASh Series EC Fund
Legg Mason Western Asset SMASh Series M Fund
Legg Mason Partners Premium Money Market Trust
Western Asset Premium Liquid Reserves
Western Asset Premium U.S. Treasury Reserves
Western Asset Premium Tax Free Reserves
Master Portfolio Trust
Liquid Reserves Portfolio
U.S. Treasury Reserves Portfolio
Tax Free Reserves Portfolio
Prime Cash Reserves Portfolio
Government Portfolio
Legg Mason Partners Variable Equity Trust
Legg Mason ClearBridge Variable Aggressive Growth Portfolio
Legg Mason ClearBridge Variable Appreciation Portfolio
Legg Mason ClearBridge Variable Dividend Strategy Portfolio
Legg Mason ClearBridge Variable Fundamental All Cap Value Portfolio
Legg Mason Global Currents Variable International All Cap Opportunity Portfolio
Legg Mason ClearBridge Variable Large Cap Value Portfolio
Legg Mason ClearBridge Variable Large Cap Growth Portfolio
Legg Mason Variable Lifestyle Allocation 50%
Legg Mason Variable Lifestyle Allocation 70%
Legg Mason Variable Lifestyle Allocation 85%
Legg Mason ClearBridge Variable Mid Cap Core Portfolio
Legg Mason ClearBridge Variable Capital Portfolio
Legg Mason ClearBridge Variable Equity Income Builder Portfolio
Legg Mason ClearBridge Variable Small Cap Growth Portfolio
Legg Mason Investment Counsel Variable Social Awareness Portfolio
Legg Mason Partners Variable Income Trust
Legg Mason Western Asset Variable Adjustable Rate Income Portfolio
Legg Mason Western Asset Variable Diversified Strategic Income Portfolio
Legg Mason Western Asset Variable Global High Yield Bond Portfolio
Legg Mason Western Asset Variable High Income Portfolio
Legg Mason Western Asset Variable Money Market Portfolio
Legg Mason Western Asset Variable Strategic Bond Portfolio
Western Asset Income Fund
Western Asset Premier Bond Fund
Western Asset Funds, Inc.
Western Asset Core Plus Bond Portfolio
Western Asset Core Bond Portfolio
Western Asset High Yield Portfolio
Western Asset Inflation Indexed Plus Bond Portfolio
Western Asset Intermediate Bond Portfolio
Western Asset Intermediate Plus Bond Portfolio
Western Asset Limited Duration Bond Portfolio
Western Asset Non-U.S. Opportunity Bond Portfolio
Western Asset Absolute Return Portfolio
- 4 -
Western Asset Global Strategic Income Portfolio
Western Asset Enhanced Equity Portfolio
Legg Mason Charles Street Trust, Inc.
Legg Mason Batterymarch U.S. Small Capitalization Equity Portfolio
Legg Mason BW Global Opportunities Bond Fund
Legg Mason Capital Management Growth Trust, Inc.
Legg Mason Global Trust, Inc.
Legg Mason Batterymarch International Equity Trust
Legg Mason Batterymarch Emerging Markets Trust
Legg Mason Investors Trust, Inc.
Legg Mason Capital Management American Leading Companies Trust
Legg Mason Investment Trust, Inc.
Legg Mason Capital Management Opportunity Trust
Legg Mason Capital Management Special Investment Trust, Inc.
Legg Mason Tax-Free Income Fund
Legg Mason Investment Counsel Maryland Tax-Free Income Trust
Legg Mason Capital Management Value Trust, Inc.
Legg Mason Global Asset Management Trust
Legg Mason BW International Opportunities Bond Fund
Legg Mason BW Diversified Large Cap Value Fund
Legg Mason Manager Select Large Cap Growth Fund
Legg Mason Manager Select Large Cap Value Fund
Legg Mason Strategic Real Return Fund
Legg Mason Capital Management Disciplined Equity Research Fund
Barrett Opportunity Fund, Inc.
- 5 -
SCHEDULE II
Western Asset/Claymore Inflation-Linked Securities & Income Fund
Western Asset/Claymore Inflation-Linked Opportunities & Income Fund
- 6 -
ICI MUTUAL INSURANCE COMPANY,
a Risk Retention Group
INVESTMENT COMPANY BLANKET BOND
RIDER NO. 1
| INSURED | BOND NUMBER | |||
| Legg Mason Capital Management Growth Trust | 87028110B | |||
| EFFECTIVE DATE | BOND PERIOD | AUTHORIZED REPRESENTATIVE | ||
| July 1, 2010 | July 1, 2010 to July 1, 2011 | /S/ Matthew Link | ||
In consideration of the premium charged for this Bond, it is hereby understood and agreed that Item 1 of the Declarations, Name of Insured, shall include the following:
Barrett Opportunity Fund, Inc.
ClearBridge Energy MLP Fund Inc.
Legg Mason Partners Equity Trust, a series fund consisting of:
| • | Legg Mason Investment Counsel Financial Services Fund |
| • | Legg Mason Batterymarch Global Equity Fund |
| • | Legg Mason ClearBridge Diversified Large Cap Growth Fund |
| • | Legg Mason ClearBridge Equity Income Builder Fund |
| • | Legg Mason ClearBridge Fundamental All Cap Value Fund |
| • | Legg Mason Lifestyle Allocation 30% |
| • | Legg Mason Lifestyle Allocation 50% |
| • | Legg Mason Lifestyle Income Fund |
| • | Legg Mason Lifestyle Allocation 85% |
| • | Legg Mason Lifestyle Allocation 70% |
| • | Legg Mason ClearBridge Large Cap Growth Fund |
| • | Legg Mason ClearBridge Aggressive Growth Fund |
| • | Legg Mason Lifestyle Allocation 100% |
| • | Legg Mason Capital Management All Cap Fund |
| • | Legg Mason ClearBridge Mid Cap Core Fund |
| • | Legg Mason Batterymarch S&P 500 Index Fund |
| • | Legg Mason ClearBridge Capital Fund |
| • | Legg Mason ClearBridge Large Cap Value Fund |
| • | Legg Mason ClearBridge Small Cap Growth Fund |
| • | Legg Mason ClearBridge Appreciation Fund |
| • | Legg Mason Investment Counsel Social Awareness Fund |
| • | Legg Mason Global Currents International All Cap Opportunity Fund |
| • | Legg Mason ClearBridge Equity Fund |
| • | Legg Mason Batterymarch U.S. Large Cap Equity Fund |
| • | Legg Mason Esemplia Emerging Markets Equity Fund |
| • | Legg Mason ClearBridge Small Cap Value Fund |
| • | Legg Mason ClearBridge Dividend Strategy Fund |
| • | Legg Mason Target Retirement 2015 |
| • | Legg Mason Target Retirement 2020 |
| • | Legg Mason Target Retirement 2025 |
| • | Legg Mason Target Retirement 2030 |
| • | Legg Mason Target Retirement 2035 |
| • | Legg Mason Target Retirement 2040 |
| • | Legg Mason Target Retirement 2045 |
| • | Legg Mason Target Retirement 2050 |
| • | Legg Mason Target Retirement Fund |
| • | Legg Mason Permal Tactical Allocation Fund |
Legg Mason Partners Income Trust, a series fund consisting of:
| • | Legg Mason Western Asset Strategic Income Fund |
| • | Legg Mason Western Asset Government Securities Fund |
| • | Legg Mason Western Asset Pennsylvania Municipals Fund |
| • | Legg Mason Western Asset Oregon Municipals Fund |
| • | Legg Mason Western Asset Intermediate Maturity New York Municipals Fund |
| • | Legg Mason Western Asset New York Municipals Fund |
| • | Legg Mason Western Asset California Municipals Fund |
| • | Legg Mason Western Asset Core Bond Fund |
| • | Legg Mason Western Asset Managed Municipals Fund |
| • | Legg Mason Western Asset Intermediate Maturity California Municipals Fund |
| • | Legg Mason Western Asset Municipal High Income Fund |
| • | Legg Mason Western Asset Massachusetts Municipals Fund |
| • | Legg Mason Western Asset New Jersey Municipals Fund |
| • | Legg Mason Western Asset Intermediate-Term Municipals Fund |
| • | Legg Mason Western Asset High Income Fund |
| • | Legg Mason Western Asset Corporate Bond Fund |
| • | Legg Mason Western Asset Core Plus Bond Fund |
| • | Legg Mason Western Asset Short-Term Bond Fund |
| • | Legg Mason Western Asset Adjustable Rate Income Fund |
| • | Legg Mason Western Asset Global Inflation Management Fund |
| • | Western Asset Global High Yield Bond Portfolio |
| • | Western Asset Emerging Markets Debt Portfolio |
| • | Legg Mason Western Asset Global High Yield Bond Fund |
| • | Legg Mason Western Asset Short Duration Municipal Income Fund |
Legg Mason Partners Institutional Trust, a series fund consisting of:
| • | Western Asset Institutional Liquid Reserves |
| • | Western Asset Institutional U.S. Treasury Reserves |
| • | Western Asset Institutional Cash Reserves |
| • | Western Asset Institutional Tax Free Reserves |
| • | Legg Mason Western Asset SMASh Series M Fund |
| • | Legg Mason Western Asset SMASh Series C Fund |
| • | Legg Mason Western Asset SMASh Series EC Fund |
| • | Western Asset Institutional Money Market Fund |
| • | Western Asset Institutional Government Reserves |
| • | Western Asset Institutional AMT Free Municipal Money Market Fund |
Legg Mason Partners Money Market Trust, a series fund consisting of:
| • | Western Asset California Tax Free Money Market Fund |
| • | Western Asset Liquid Reserves |
| • | Western Asset Tax Free Reserves |
| • | Western Asset New York Tax Free Money Market Fund |
| • | Western Asset U.S. Treasury Reserves |
| • | Western Asset Connecticut Municipal Money Market Fund |
| • | Western Asset Massachusetts Municipal Money Market Fund |
| • | Western Asset Municipal Money Market Fund |
| • | Western Asset New York Municipal Money Market Fund |
| • | Western Asset California Municipal Money Market Fund |
| • | Western Asset Money Market Fund |
| • | Western Asset Government Money Market Fund |
Legg Mason Partners Premium Money Market Trust, a series fund consisting of:
| • | Western Asset Premium Liquid Reserves |
| • | Western Asset Premium U.S. Treasury Reserves |
| • | Western Asset Premium Tax Free Reserves |
Legg Mason Partners Variable Equity Trust, a series fund consisting of:
| • | Legg Mason ClearBridge Variable Equity Income Builder Portfolio |
| • | Legg Mason Variable Lifestyle Allocation 50% |
| • | Legg Mason ClearBridge Variable Aggressive Growth Portfolio |
| • | Legg Mason Global Currents Variable International All Cap Opportunity Portfolio |
| • | Legg Mason ClearBridge Variable Appreciation Portfolio |
| • | Legg Mason Variable Lifestyle Allocation 85% |
| • | Legg Mason Variable Lifestyle Allocation 70% |
| • | Legg Mason ClearBridge Variable Dividend Strategy Portfolio |
| • | Legg Mason ClearBridge Variable Large Cap Growth Portfolio |
| • | Legg Mason ClearBridge Variable Mid Cap Core Portfolio |
| • | Legg Mason Investment Counsel Variable Social Awareness Portfolio |
| • | Legg Mason ClearBridge Variable Large Cap Value Portfolio |
| • | Legg Mason ClearBridge Variable Small Cap Growth Portfolio |
| • | Legg Mason ClearBridge Variable Fundamental All Cap Value Portfolio |
| • | Legg Mason ClearBridge Variable Capital Portfolio |
Legg Mason Partners Variable Income Trust, a series fund consisting of:
| • | Legg Mason Western Asset Variable Diversified Strategic Income Portfolio |
| • | Legg Mason Western Asset Variable Money Market Portfolio |
| • | Legg Mason Western Asset Variable High Income Portfolio |
| • | Legg Mason Western Asset Variable Strategic Bond Portfolio |
| • | Legg Mason Western Asset Variable Global High Yield Bond Portfolio |
| • | Legg Mason Western Asset Variable Adjustable Rate Income Portfolio |
LMP Capital and Income Fund Inc.
LMP Corporate Loan Fund Inc.
LMP Real Estate Income Fund Inc.
Master Portfolio Trust, a series fund consisting of:
| • | Liquid Reserves Portfolio |
| • | Tax Free Reserves Portfolio |
| • | U.S. Treasury Reserves Portfolio |
| • | Prime Cash Reserves Portfolio |
| • | Government Portfolio |
Western Asset Emerging Markets Income Fund Inc.
Western Asset Worldwide Income Fund Inc.
Western Asset Intermediate Muni Fund Inc.
Western Asset Managed Municipals Fund Inc.
Western Asset Municipal High Income Fund Inc.
Western Asset Managed High Income Fund Inc.
Western Asset Emerging Markets Debt Fund Inc.
Western Asset Inflation Management Fund Inc.
Western Asset High Income Opportunity Fund Inc.
Western Asset Global Corporate Defined Opportunity Fund Inc.
Western Asset High Income Fund Inc.
Western Asset Global Partners Income Fund Inc.
Western Asset Municipal Partners Fund Inc.
Western Asset High Income Fund II Inc.
Western Asset Variable Rate Strategic Fund Inc.
Western Asset Investment Grade Defined Opportunity Trust Inc.
Western Asset Municipal Defined Opportunity Trust Inc.
Western Asset Global High Income Fund Inc.
Western Asset Mortgage Defined Opportunity Fund Inc.
Legg Mason Global Asset Management Trust, a series fund consisting of:
| • | Legg Mason Capital Management Research Fund |
| • | Legg Mason BW International Opportunities Bond Fund |
| • | Legg Mason Manager Select Large Cap Growth Fund |
| • | Legg Mason Manager Select Large Cap Value Fund |
| • | Legg Mason Strategic Real Return Fund |
Legg Mason Charles Street Trust, Inc., a series fund consisting of:
| • | Legg Mason Batterymarch U.S. Small Capitalization Equity Portfolio |
| • | Legg Mason BW Global Opportunities Bond Fund |
Legg Mason Capital Management Growth Trust, Inc.
Legg Mason Global Trust, Inc., a series fund consisting of:
| • | Legg Mason Batterymarch International Equity Trust |
| • | Legg Mason Batterymarch Emerging Markets Trust |
Legg Mason Investors Trust, Inc., a series fund consisting of:
| • | Legg Mason Capital Management American Leading Companies Trust |
Legg Mason Investment Trust, Inc., a series fund consisting of:
| • | Legg Mason Capital Management Opportunity Trust |
Legg Mason Capital Management Special Investment Trust, Inc.
Legg Mason Tax-Free Income Fund, a series fund consisting of:
| • | Legg Mason Investment Counsel Maryland Tax-Free Income Trust |
Legg Mason Capital Management Value Trust, Inc.
Western Asset Income Fund
Western Asset/Claymore Inflation-Linked Securities & Income Fund
Western Asset/Claymore Inflation-Linked Opportunities & Income Fund
Western Asset Premier Bond Fund
Western Asset Funds, Inc., a series fund consisting of:
| • | Western Asset Core Plus Bond Portfolio |
| • | Western Asset Core Bond Portfolio |
| • | Western Asset High Yield Portfolio |
| • | Western Asset Inflation Indexed Plus Bond Portfolio |
| • | Western Asset Intermediate Bond Portfolio |
| • | Western Asset Intermediate Plus Bond Portfolio |
| • | Western Asset Limited Duration Bond Portfolio |
| • | Western Asset Non-U.S. Opportunity Bond Portfolio |
| • | Western Asset Absolute Return Portfolio |
| • | Western Asset Enhanced Equity Portfolio |
| • | Western Asset Global Strategic Income Portfolio |
Except as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.
ICI MUTUAL INSURANCE COMPANY,
a Risk Retention Group
INVESTMENT COMPANY BLANKET BOND
RIDER NO. 12
| INSURED | BOND NUMBER | |||
| Legg Mason Capital Management Growth Trust | 87028110B | |||
| EFFECTIVE DATE | BOND PERIOD | AUTHORIZED REPRESENTATIVE | ||
| July 1, 2010 to July 1, 2011 | /S/ Matthew Link | |||
In consideration of the premium charged for this policy, it is hereby understood and agreed that Item 1 of the Declarations, Named Insured Company, shall include the following as of the effective date indicated:
| FUND NAME |
EFFECTIVE DATE | |||
| Western Asset High Yield Defined Opportunity Fund, Inc. |
July 23, 2010 | |||
| Legg Mason ClearBridge Mid Cap Growth Fund, a series of the Legg Mason Partners Equity Trust |
September 1, 2010 | |||
| Legg Mason BW Diversified Large Cap Value Fund, a series of the Legg Mason Global Asset Management Trust |
September 1, 2010 | |||
| Legg Mason Global Currents International Small Cap Opportunity Fund, a series of the Legg Mason Partners Equity Trust |
September 1, 2010 | |||
Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, provisions, agreements or limitations of this policy other than as above stated.
ICI MUTUAL INSURANCE COMPANY,
a Risk Retention Group
INVESTMENT COMPANY BLANKET BOND
RIDER NO. 13
| INSURED | BOND NUMBER | |||
| Legg Mason Capital Management Growth Trust | 87028110B | |||
| EFFECTIVE DATE | BOND PERIOD | AUTHORIZED REPRESENTATIVE | ||
| October 1, 2010 | July 1, 2010 to July 1, 2011 | /S/ Matthew Link | ||
In consideration of the premium charged for this Bond, it is hereby understood and agreed that the name of the Insured identified in Item 1 of the Declarations, Name of Insured, as
| • | Legg Mason Capital Management Research Fund, a series of: |
Legg Mason Global Asset Management Trust
is changed to:
| • | Legg Mason Capital Management Disciplined Equity Research Fund, a series of: |
Legg Mason Global Asset Management Trust
Except as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.