Western Asset Intermediate Muni Fund Inc. Portfolio Composition as of December 31, 2012
Western Asset Intermediate Muni Fund Inc. Portfolio Composition as of December 31, 2012
NEW YORK--(BUSINESS WIRE)-- Western Asset Intermediate Muni Fund Inc. (NYSE AMEX: SBI) as of December 31, 2012.
Investment Objective: The Fund's investment objective is to provide common shareholders a high level of current income exempt from regular Federal income taxes consistent with prudent investing.
Portfolio Composition*: | |||||
Asset Allocation | |||||
Municipal | 100.0% | ||||
Top Ten Municipal Sectors | |||||
Industrial Revenue | 18.8% | ||||
Power | 16.5% | ||||
Transportation | 14.0% | ||||
Health Care | 11.0% | ||||
Local | 8.6% | ||||
Water & Sewer | 5.2% | ||||
Special Tax Obligation | 5.2% | ||||
Education | 5.1% | ||||
Lease Backed | 4.7% | ||||
Other | 3.9% | ||||
Credit Quality Allocation** | |||||
AAA | 1.0% | ||||
AA | 29.4% | ||||
A | 52.1% | ||||
BBB | 13.2% | ||||
BB | 1.1% | ||||
B | 1.1% | ||||
Not Rated | 2.3% | ||||
Call Statistics | |||||
Not Callable | 39.2% | ||||
2013 | 3.7% | ||||
2014 | 4.0% | ||||
2015 | 2.9% | ||||
2016 | 0.9% | ||||
2017 | 1.2% | ||||
2018 | 9.9% | ||||
2019 | 16.4% | ||||
2020 | 4.1% | ||||
2021 | 13.8% | ||||
2022 | 4.0% | ||||
Average Life (years) | 7.5 | ||||
Effective Duration (years) | 5.4 | ||||
Average Coupon (%) | 5.1 | ||||
Subject to AMT (%) | 13.4 | ||||
Portfolio Statistics: | |||||
Inception Date | March 2, 1992 | ||||
Inception Price | $10.00 | ||||
Total Assets*** | $197,430,527 | ||||
Net Assets | $147,281,358 | ||||
Preferred Shares**** | 25.33% | ||||
Market Price | $10.58 | ||||
NAV | $10.47 | ||||
(Daily NAV is available on market quotation systems using the symbol XSBIX.)
Distribution Rate | $0.0400 per share | |
Frequency | Monthly (Declared quarterly, paid monthly) | |
* | Portfolio holdings and weightings are historical and are presented here for | |
** | Credit quality is a measure of a bond issuer's ability to repay interest and | |
*** | The difference between total assets and net assets, if any, is due primarily to | |
**** | Percentages based on total assets. | |
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 advisor.
An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Fixed income securities are subject to credit risk, inflation risk, call risk, and interest rate risks. As interest rates rise, bond prices fall, reducing the value of the Fund's share price.
Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.
For more information, please call Fund Investor Services at 888-777-0102 or consult the Fund's web site at http://www.lmcef.com.
FN1112221
Media:
Western Asset Intermediate Muni Fund Inc.
Maria Rosati, 1-212-805-6036
mrosati@leggmason.com
KEYWORDS: United States North America New York
INDUSTRY KEYWORDS:
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