NEW YORK--(BUSINESS WIRE)--
Western Asset Municipal Defined Opportunity Trust Inc. (NYSE: MTT) announced today a distribution from taxable ordinary income of $0.079901. This distribution is in addition to the previously declared income distribution of $0.08400 per common share payable December 30, 2016 to shareholders of record as of December 23, 2016.
The distribution schedule appears below:
|
Month |
Record Date |
Ex-Date |
Payable Date |
Amount |
Type |
|||||||||||||||
| December | 12/29/2016 | 12/27/2016 | 1/6/2017 | $0.079901 |
Taxable Ordinary |
|||||||||||||||
This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2017, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).
Western Asset Municipal Defined Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is managed 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 investment manager.
For more information about the Funds, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Funds’ complete audited financial statement are available free of charge upon request.
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.
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