WESTERN ASSET INTERMEDIATE MUNI FUND INC. Logo

WESTERN ASSET INTERMEDIATE MUNI FUND INC.

A closed-end fund providing tax-exempt income via investment-grade municipal securities.

SBI | US

Overview

Corporate Details

ISIN(s):
N/A
LEI:
Country:
United States of America
Address:
620 EIGHTH AVENUE, 10018 NEW YORK
Sector:
Mining and quarrying
Industry:
Extraction of natural gas

Description

Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) is a diversified, closed-end fixed-income fund. The fund's primary investment objective is to provide shareholders with a high level of current income that is exempt from U.S. federal income taxes. To achieve this, it invests at least 80% of its assets in a portfolio of municipal securities, with a further requirement that at least 80% of these holdings are investment-grade. The fund's strategy focuses on securities with an average maturity of between three and ten years. Established in March 1992, its management approach emphasizes team collaboration and extensive credit research to identify attractively priced securities.

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Insider Transactions

Date Insider Name Position Type Shares Value
No insider transactions recorded for this company.

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