Legg Mason Affiliated Closed-End Funds Commentaries Now Available

Investment professionals from Western Asset Management Company (“Western Asset”), a Legg Mason, Inc. (“Legg Mason”) affiliate, provided a quarterly commentary to discuss their views on the current market and provide their outlook. The Western Asset investment professionals included:

• Robert Amodeo – Portfolio Manager, Municipal Securities
• Harris Trifon – Portfolio Manager, Mortgage-Backed Securities
• Chris Jacobs – Portfolio Manager, Middle Markets
• Chris Kilpatrick – Research Analyst, Credit Markets
• Chia-Liang Lian – Head of Emerging Markets Debt, Emerging Markets
• Nick Mastroianni – Portfolio Analyst, Broad Markets

Investors can access the commentaries by visiting our website www.lmcef.com or via the links below:

Municipal Securities

Mortgaged-Backed Securities

Middle Markets

Credit Markets

Emerging Markets

Broad Markets

Investment advisory and sub-advisory services are provided by subsidiaries of Legg Mason, including: Western Asset Management Company and Western Asset Management Company Limited.

Legg Mason is one of the nation's top 10 providers of closed-end funds with over $10 billion in assets under management as of 12/31/15, per Lipper.

All data and commentary provided is for informational purposes only. Neither Legg Mason, Inc. nor any of its affiliates engage in the sale of shares of the Funds.

For more information please call 1-888-777-0102 or consult the Funds’ website at www.lmcef.com. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request.

SYMBOLS:NASDAQ: XWMFX, XWAMXNYSE: HIO; HIX; HYI; MHY; DMO; MHF; MMU; MTT; SBI; EMD; ESD; SBW; GDO; GDF; EHI; IGI; PAI; WEA; TLI; GFY

View source version on businesswire.com: http://www.businesswire.com/news/home/20161108006180/en/

For Legg Mason Affiliated Closed-End FundsMaria Rosati, [e-mail]