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western asset managed municipals fund tax information 2020

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As of June30, 2020, after giving effect to the transaction described above, Franklin Municipals posted strong returns during the first week of the year, as high-grade municipal yields declined 11-18 bps across the curve, trailing Treasuries lower. IMPORTANT TAX INFORMATION REGARDING YOUR MUTUAL FUNDS. By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy. Western Asset Managed Municipals Fund has an expense ratio of 0.63 percent. WESTERN ASSET FUNDS, INC. Employees and/or clients of Western Asset may have a position in the securities mentioned. - Magellan Financial Group, Insights of Franklin India Dynamic Accrual Fund, What Causes Insufficient Funds Withdrawing From Etoro To Gdax 2021 | CSW. 1001 and 1030). Western Asset Managed Municipals Fund has an expense ratio of 1.19 percent. section of each Funds Summary Prospectus (as applicable) and Prospectus, the More on fund management section of each Funds Prospectus, and the Investment Management and Service Provider Information section of each Past investment results are not indicative of future investment results. Under the Investment Company Act of 1940, as amended (the 1940 Act), consummation of the transaction automatically terminated the management, sub-administration and subadvisory agreements that were in place for the fund prior to the transaction. Risk is Above Average compared to funds in the same category according to Morningstar. The Ministry of Finance forecasts 3.1 percent growth for 2022. Fitch Upgrades S-T Ratings of VRDP Shares of 3 Western Asset Muni Closed-End Funds. Please select documents from the left and choose an option for receiving them. Low fees make these funds great choices for a 401(k) plan. A high-quality portfolio that has a 20% limit on purchasing bonds rated BB and below. Asia Pacific; EMEA; Latin America; UK Solicitors; UK Bar; United States to Sign up to receive the latest updates from U.S. News & World Report and our trusted partners and sponsors. information available on the financial condition of issuers of municipal securities than for public corporations. * * . | January 2, 2023 It is your responsibility to be aware of and observe the applicable laws and regulations of your country of residence. This has been prepared without taking into account your objectives, financial situation or needs. For more information, contact opendata@sec.gov. executive offices are at One Franklin Parkway, San Mateo, California 94403, is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton. manager and subadviser(s) continue to provide uninterrupted services with respect to the fund pursuant to either new management and subadvisory agreements that were approved by fund shareholders or interim management and subadvisory agreements that Please refer to the instructions for Form 1116 or 1118 and consult your tax advisor for further assistance. Raymond James Financial Services Advisors Inc. cut its holdings in Western Asset Municipal Partners Fund Inc. (NYSE:MNP - Get Rating) by 13.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.The institutional investor owned 174,768 shares of the financial services provider's stock after selling 26,916 shares during the . Net Expense Ratio 1.19 Category Average: 0.76%* Management 0.4 Category Average: 0.41%* SEE MORE SMMCX FEES Updated. As a result of the transaction, Royce& Associates, LP (Royce), Legg Mason Partners Fund Advisor, LLC This guide is a summary of tax information for certain Legg Mason, Brandywine Global, ClearBridge Investments, Martin Currie, QS Investors and Western Asset closed-end,open-end and exchange-traded funds. By clicking Allow below, you are selecting to agree to our use ofnecessaryand statisticalcookies. Investment Company Act of 1940, as amended (the 1940 Act), consummation of the transaction automatically terminated the management and subadvisory agreements that were in place for the fund prior to the transaction. Cultist Simulator - Guide to Apostle Victories. These small-cap ETFs could be a way for high-risk investors to beat the market over the long run. The strategy earns a Morningstar Analyst Rating of Bronze for its. (Western Asset) became indirect, wholly-owned subsidiaries of Franklin Resources. In our winter edition of Perspectives, we explore the structural developments that we believe will spark profound change. Dynamic US Large Cap Value Fund : February 1, 2020: BrandywineGLOBAL - Global Flexible Income Fund : April 29, 2019 . 2020 Year End Distributions. Data may not sum to total due to rounding. Managed . As of June30, 2020, after giving effect to the transaction described above, Franklin Templetons asset management operations had Please see the Performance and Risk Disclosures for more information. The U.S. government estimates the total population at 1.4 billion (midyear 2020 estimate). 2022/2023. B, the following disclosure replaces and supersedes the corresponding information included in the Distribution subsection of the More on fund management section of each Funds Prospectus: Legg Mason Investor Services, LLC (LMIS), an indirect, wholly-owned broker/dealer subsidiary of Franklin Resources, serves as the funds sole and Investors looking for a diversified portfolio of growth stocks can consider these funds. The premiums are cost shared between the federal government, provincial governments and producers. Net-of-fee composite return calculations using actual account weighted fees may include fund returns that incur higher fees than those applied to separately managed accounts. This information is provided for those shareholders electing to take the foreign tax credit for Federal income tax purposes. Because the share price of certain money market funds will fluctuate when you sell your shares in those funds, they may be worth less than what you originally paid for them. Environmental, Social and Governance (ESG), Western Asset Short Duration Income ETF (WINC), Western Asset Inflation-Linked Opportunities & Income Fund (WIW), Western Asset Inflation-Linked Income Fund (WIA), WA High Income Opportunity Fund Inc. (HIO), WA High-Yield Defined Opportunity Fund Inc (HYI), Western Asset Investment Grade Income Fund, Inc. (PAI), WA Investment-Grade Defined Opportunity Trust Inc. (IGI), WA Mortgage Defined Opportunity Fund Inc. (DMO), WA Global Corporate Defined Opportunity Fund Inc. (GDO), WA Institutional U.S. Treasury Obligations Money Market Fund, WA Intermediate Maturity California Municipals Fund, WA Intermediate Maturity New York Municipals Fund, Separate Accounts and Commingled Vehicles, For more information, contact your Client Service Executive. As of June30, 2020, after giving effect to the . 1. Municipal bonds are a staple when it comes to tax-efficient fixed-income investing. The fund has returned -9.67 percent over the past year, -0.91 percent over the past three years, 1.09 percent over the past five years, and 1.70 percent over the past decade. The Percentage of Income from Federal Obligations is expressed as a percentage of the Ordinary Income per Share after these reclassifications as disclosed in the Fund's Form 8937 - Report of Organizational Actions Affecting the Basis of Securities which may be found in the Tax Center of the Legg Mason website. Core CPI inflation for December was 0.3%, for an annualized rate of 3.7%. 2019 Capital Gain Distributions - AMG Pantheon Fund, LLC. SUPPLEMENT DATED FEBRUARY 18, 2020 . were approved by the funds board for use while the fund continues to seek shareholder approval of the new agreements. Goldman Sachs Multi-Asset Real Return Fund - Form 8937 PDF. Rating Action Commentary / Thu 05 Dec, 2019. Government.*. Note: We do not offer technical support for developing or debugging scripted downloading processes. California Do Not Sell My Personal Information Request. Legg Mason Investor Services, LLC, Brandywine Global Investment Management, LLC, ClearBridge Investments, LLC, Martin Currie Investment Management Limited, QS Investors, LLC (which combined October 1, 2020 with Franklin Templeton Multi-Asset Solutions (FTMAS) to form Franklin Templeton Investment Solutions (FTIS)), Royce & Associates, LP and Western Asset Management Company, LLC, are subsidiaries of Franklin Resources, Inc. Royce & Associates, LP primarily conducts its business under the name Royce Investment Partners. A money market fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if a fund's liquidity falls below required minimums because of market conditions or other factors. Npifund is a website that writes about many topics of interest to you, a blog that shares knowledge and insights useful to everyone in many fields. Western Asset Managed Municipals Fund's next monthly dividend payment of $0.0365 per share will be made to shareholders on Wednesday, March 1, 2023. Home About Us Our Firm Investment Philosophy Risk Management Client Service Environmental, Social and Governance (ESG) Resources Western Asset Managed Municipals Fund . Western Asset Managed Municipals Fund Class A No Transaction Fee 1 Fidelity Fund Pick 2 Prospectus More This fund is now available NTF (No Transaction Fee) and offered load-waived through Fidelity Morningstar Snapshot* AS OF 12/31/2022; Morningstar Category: Muni National Long *Data provided by Morningstar Overall Rating Rating Information Includes U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, and obligations issued by the Federal Home Loan Bank, Federal Credit Banks and the Student Loan Marketing Association. December CPI Data Put the Ball in the Feds Court, by Dave Fare, CFA, Joseph Genco, Daniel Zheng, Sam Weitzman. Before acting on this information, you should consider its appropriateness having regard to your objectives, financial situation or needs. Legg Mason, Inc. (LeggMason) in an all-cash transaction. Western Asset Investment Grade Income Fund Inc. Real-time Estimate Cboe BZX Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. This publication provides an updated overview of the legal and social framework for property relations in the family and succession in the EU Member States All rights reserved. The Fed's desire is to adequately slow the economy down and reduce inflationary pressures. This has been prepared without taking into account your objectives, financial situation or needs. In this section you will find information for the Western Asset multi-state funds that have paid income dividends which are tax- exempt for regular Federal income tax purposes. 24 Dashboard summary of the Firms latest views, Forward-looking assessment of global markets, Commentary on trends, technicals and relative value, Environmental, Social and Governance (ESG), Western Asset Short Duration Income ETF (WINC), Western Asset Inflation-Linked Opportunities & Income Fund (WIW), Western Asset Inflation-Linked Income Fund (WIA), WA High Income Opportunity Fund Inc. (HIO), WA High-Yield Defined Opportunity Fund Inc (HYI), Western Asset Investment Grade Income Fund, Inc. (PAI), WA Investment-Grade Defined Opportunity Trust Inc. (IGI), WA Mortgage Defined Opportunity Fund Inc. (DMO), WA Global Corporate Defined Opportunity Fund Inc. (GDO), WA Institutional U.S. Treasury Obligations Money Market Fund, WA Intermediate Maturity California Municipals Fund, WA Intermediate Maturity New York Municipals Fund. Western Asset Managed Municipals Fund Inc. (NYSE:MMU) announces its portfolio composition as of March 31, 2019. . Use of this website constitutes acceptance of the Best Funds Terms and Conditions of Use. Announces Financial Position as of September 30, 2022, Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2022, January and February 2023, Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of October and November 2022. For each Fund listed in Schedule B, the following disclosure replaces and supersedes the corresponding information included in the Management The Fund has made certain reclassifications affecting the tax character of the distributions paid. Seizing the opportunities these changes may create calls for a new approach rooted in a more holistic view of asset allocation with increased attention to risk. The Fund seeks to maximize current interest income that is excluded from gross income for regular federal income tax purposes to the extent consistent with prudent investment management and preservation of capital. Parkway, San Mateo, California 94403, is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton. Effective April 20, 2020, the Fund changed its name from Western Asset Adjustable Rate Income Fund. WESTERN ASSET MANAGED MUNICIPALS FUND Before you invest, you may want to review the fund's Prospectus, which contains more information about the fund and its risks. Corporate shareholders, please refer to the 2020 Distribution Reclassifications which may be found in the Tax Center of the Legg Mason website for the per share amount of the Foreign Withholding Taxes paid. Invest in your principles with these mutual funds and ETFs. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. The funds manager and subadviser(s) continue to provide uninterrupted services with respect to the fund DateofSummaryProspectus,Prospectus, andSAI, Legg Mason International Low Volatility High DividendETF, Legg Mason Low Volatility High Dividend ETF, November29,2019,asrevised July1, 2020, ClearBridge Global Infrastructure Income Fund, BrandywineGLOBAL Alternative Credit Fund, BrandywineGLOBAL Diversified US Large Cap Value Fund, BrandywineGLOBAL Dynamic US Large Cap Value Fund, BrandywineGLOBAL Global High Yield Fund, BrandywineGLOBAL Global Opportunities Bond Fund, BrandywineGLOBAL Global Opportunities Bond Fund (USD Hedged), BrandywineGLOBAL Global Unconstrained Bond Fund, BrandywineGLOBAL International Opportunities Bond Fund, Martin Currie International Unconstrained Equity Fund, DateofSummaryProspectus,Prospectus, But, let's see if the Fed is paying attention. Net-of-fees results are calculated using a model approach whereby the current highest tier of the appropriate strategy's fee schedule is used. Luxembourg UCITS-Related Information and Privacy/Other Policies, Allspring - Related Information and Privacy/Other Policies, Allspring Sustainable Investing Policies and Guidelines. Dentons Offices The Global Resources Fund takes a multi-faceted approach to the natural resources sector by investing in energy and basic materials. Length 16.4 mi Elevation gain 2,020 ft Route type Out & back. Western Asset Management Company Pte. Menu Home; Rankings. I would like to receive free Advisor Practice Management Guides, the U.S. News Advisor Weekly newsletter, and occasional updates regarding the U.S. News Advisor Directory. Please retain this supplement for future reference. For Financial Advisors, from U.S.News: Get the Advisor's Guide to Working with Divorced Clients. Introduction. Service Provider Information section of the Funds SAI: On July31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired to the summary prospectuses, prospectuses, and . Generally considered a moderately challenging route, it takes an average of 6 h 48 min to complete. Quotes delayed at least 15 minutes. A Guide to Western Asset's Multi-Sector Bond Strategies, Diving Into China's Local Currency Bond Market, Segmentation and Horizons Within Short-Term Investment Strategies, Visit Our Liquidity and Short Duration Page, Environmental, Social and Governance (ESG), Western Asset Short Duration Income ETF (WINC), Western Asset Inflation-Linked Opportunities & Income Fund (WIW), Western Asset Inflation-Linked Income Fund (WIA), WA High Income Opportunity Fund Inc. (HIO), WA High-Yield Defined Opportunity Fund Inc (HYI), Western Asset Investment Grade Income Fund, Inc. (PAI), WA Investment-Grade Defined Opportunity Trust Inc. (IGI), WA Mortgage Defined Opportunity Fund Inc. (DMO), WA Global Corporate Defined Opportunity Fund Inc. (GDO), WA Institutional U.S. Treasury Obligations Money Market Fund, WA Intermediate Maturity California Municipals Fund, WA Intermediate Maturity New York Municipals Fund, US Investment Grade Intermediate Credit Plus, Visit Our Insurance Asset Management Page. The fund normally invests at least 80% of its assets in municipal securities and other investments with similar economic characteristics, the interest on which is exempt from regular federal income tax but which may be subject to the federal alternative minimum tax. statements of additional information ("sai") of the funds listed in schedules a, b, and c . We look forward to serving your investing needs. We also set optional cookies to help improve the performance of our site. 2023 Goldman Sachs. Stay on top of the latest market developments, key themes, and investment ideas affecting your portfolio and practices. andSAI, ClearBridge Tactical Dividend Income Fund, Western Asset Global High Yield Bond Fund, Western Asset Intermediate Maturity California Municipals Fund, Western Asset Intermediate Maturity New York Municipals Fund, Western Asset Intermediate-Term Municipals Fund, Western Asset Massachusetts Municipals Fund, Western Asset Pennsylvania Municipals Fund, Western Asset Short Duration High Income Fund, Western Asset Short Duration Municipal Income Fund, Western Asset Institutional Government Reserves, Western Asset Institutional Liquid Reserves, Western Asset Institutional U.S. Treasury Obligations Money Market Fund, Western Asset Institutional U.S. Treasury Reserves, Western Asset Premier Institutional Government Reserves, Western Asset Premier Institutional Liquid Reserves, Western Asset Premier Institutional U.S. Treasury Reserves, Western Asset New York Tax Free Money Market Fund, Western Asset Premium U.S. Treasury Reserves, Western Asset Inflation Indexed Plus Bond Fund, Western Asset Total Return Unconstrained Fund. Of 3.7 % population at 1.4 billion ( midyear 2020 estimate ) stay on top of the agreements! The strategy earns a Morningstar Analyst Rating of Bronze for its: 0.41 *. Ratio 1.19 Category Average: 0.76 % * Management 0.4 Category Average: 0.41 % Management! While the Fund continues to seek shareholder approval of the latest market developments, key themes, and investment affecting., San Mateo, California 94403, is a Global investment Management organization operating, together with its subsidiaries as... Percent growth for 2022 compared to funds in the same Category according to Morningstar 2020: -. The financial condition of issuers of municipal securities than for public corporations on the financial condition of issuers municipal... Return calculations using actual account weighted fees may include Fund returns that higher. Conditions & Privacy Policy for public corporations appropriate strategy 's fee schedule used... 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