Certain Closed-End Funds Postponement and Rescheduling of June 5, 2020 Special Meeting of Shareholders
04 Junho 2020 - 9:00AM
Business Wire
Western Asset Managed Municipals Fund Inc.
(NYSE: MMU),
Western Asset Middle Market Debt Fund Inc.
(XWAMX),
Western Asset Middle Market Income Fund Inc.
(XWMFX),
Western Asset Mortgage Opportunity Fund Inc.
(NYSE: DMO),
Western Asset Municipal Defined Opportunity
Trust Inc. (NYSE: MTT),
Western Asset Municipal High Income Fund
Inc. (NYSE: MHF), and
Western Asset Municipal Partners Fund Inc.
(NYSE: MNP)
(each, a “Fund” and, together, the
“Funds”)
June 4, 2020. Each of the Funds listed above announced today
that the Special Meeting of Shareholders (the “Meeting”) originally
scheduled for Friday, June 5, 2020 at 9:00 a.m. Eastern Time has
been postponed to Monday, July 6, 2020 at 11:00 a.m. Eastern Time
in order to solicit additional shareholder votes. As previously
announced, in light of public health concerns regarding the
coronavirus pandemic, the Meeting will be held in a virtual meeting
format only. Each Meeting will be accessible solely by means of
remote communication.
As described in the proxy materials for the Meeting previously
distributed, the Board of Directors of each Fund has fixed the
close of business on March 9, 2020 as the record date for the
determination of shareholders of the Fund entitled to notice of and
to vote at the Meeting or any postponement or adjournment thereof.
For each Fund, the Meeting will be held at the following Meeting
website: http://www.meetingcenter.io/230290071. To participate in
the Meeting, shareholders of each Fund must enter the following
password: LMP2020. Shareholders must also enter the control number
found on their proxy card previously received. Shareholders may
vote during the Meeting by following the instructions available on
the Meeting website during the Meeting. We encourage you to access
the Meeting site prior to the start time to allow ample time to log
into the Meeting webcast and test your computer system.
Accordingly, the Meeting site will first be accessible to
shareholders beginning at approximately 9:00 a.m. Eastern Time on
July 2, 2020. For questions relating to participation at the
Meeting by remote communication, please call (888) 888-0151.
If shares are held through an intermediary, such as a bank or
broker, shareholders must register in advance to attend the
Meeting. To register shareholders must submit proof of their proxy
power (legal proxy) reflecting their Fund holdings along with their
name and email address to Computershare Fund Services. Shareholders
may forward an email from their intermediary or attach an image of
their legal proxy to shareholdermeetings@computershare.com.
Requests for registration must be received no later than 9:00 a.m.
Eastern Time on June 30, 2020. Shareholders will receive a
confirmation email from Computershare Fund Services of the
shareholder’s registration and a control number that will allow the
shareholder to vote at the Meeting.
Shareholders are not required to attend the Meeting to vote on
the proposals. Whether or not shareholders plan to attend the
Meeting, each Fund urges shareholders to authorize a proxy to vote
the shareholder’s shares in advance of the Meeting by one of the
methods described in the proxy materials for the Meeting. In
connection with the Meeting, each Fund has filed a definitive proxy
statement with the Securities and Exchange Commission (the “SEC”).
Shareholders are advised to read their Fund’s proxy statement
because it contains important information. The proxy statement is
available on the Internet at https://www.proxy-direct.com/leg-31295. The proxy
card included with the proxy materials previously distributed will
not be updated to reflect the change in date and time and may
continue to be used to vote your shares in connection with the
Meeting. The proxy statement and other documents filed by a Fund
are also available for free on the SEC website, www.sec.gov.
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 such 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. An investment in a Fund
involves risk, including loss of principal. Investment return and
the value of shares will fluctuate. Any data and commentary
provided in this press release are for informational purposes
only.
For more information, please call Investor Relations:
1-888-777-0102, or consult your Fund’s website at www.lmcef.com. The information contained on the
Fund’s website is not part of this press release. Hard copies of
each Fund’s complete audited financial statements are available
free of charge upon request.
Category: Fund Announcement
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version on businesswire.com: https://www.businesswire.com/news/home/20200604005370/en/
Media: Fund Investor Services-1-888-777-0102
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