TLI Western Asset Corporate Loan F

Western Asset Corporate Loan Fund Inc. Portfolio Composition as of December 31, 2017

Western Asset Corporate Loan Fund Inc. (NYSE: TLI) announces its portfolio composition as of December 31, 2017.

Investment Objective: The Fund’s investment objective is to maximize current income consistent with prudent efforts to preserve capital.

 

Portfolio Composition*:

 

Asset Allocation

Bank Loans

91.3%

High Yield Corporate Bonds

12.3%

Cash & Other Securities

-3.6%
 

Credit Quality Allocation**

BBB 0.6%
BB 27.5%
B 66.9%
CCC 6.3%
Not Rated -1.4%
 

Top Ten Bank Loan Industries

Consumer Cyclical 26.4%
Consumer Non Cyclical 21.1%
Communications 12.1%
Capital Goods 9.6%
Energy 4.9%
Technology 4.9%
Electric 3.2%
Basic Industry 2.8%
Transportation 2.5%
Industrial Other 1.7%
 
 

Average to next reset

 

48 days

 

Portfolio Statistics:

 

Inception Date

 

November 20, 1998

Inception Price

 

$15.00

Total Assets***

 

$166,156,310

Net Assets

 

$113,156,310

Loans****

31.90%

Fixed Rated Notes****

0.00%

Preferred Shares****

0.00%

Reverse Repos****

0.00%
 

Market Price

 

$10.52

NAV

 

$11.39

(Daily NAV is available on market quotation systems using the symbol XTLIX.)
 

Distribution Rate

 

$0.0530 per share

Frequency

Monthly (Declared monthly, paid monthly)

 
*       Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time.
**

Credit quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security’s rating as provided by Standard and Poor’s, Moody’s Investors Service and/or Fitch Ratings, Ltd. and typically range from AAA (highest) to D (lowest), or an equivalent and/or similar rating. For this purpose, when two or more of the agencies have assigned differing ratings to a security, the lowest rating is used. Securities that are unrated by all three agencies are reflected as such. The credit quality of the investments in the Fund's portfolio does not apply to the stability or safety of the Fund. These ratings are updated monthly and may change over time. Please note, the Fund itself has not been rated by an independent rating agency.

*** The difference between total assets and net assets, if any, is due primarily to the Fund’s use of borrowings; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. When the Fund engages in transactions that have a leveraging effect on the Fund’s portfolio, the value of the Fund will be more volatile and all other risks will tend to be compounded.
**** Percentages are based on total assets.
 

Western Asset Corporate Loan Fund Inc., a non-diversified investment management company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc.

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.

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 1-888-777-0102, or consult the Fund’s web site at http://www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

FN1112224

EN
05/02/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Western Asset Corporate Loan F

 PRESS RELEASE

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the ...

NEW YORK--(BUSINESS WIRE)-- Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2018. The following dates apply to the distribution schedule below: Month       Record Date     Ex-Dividend Date ...

 PRESS RELEASE

Western Asset Corporate Loan Fund Inc. Portfolio Composition as of Mar...

NEW YORK--(BUSINESS WIRE)-- Western Asset Corporate Loan Fund Inc. (NYSE:TLI) announces its portfolio composition as of March 31, 2018. Investment Objective: The Fund’s investment objective is to maximize current income consistent with prudent efforts to preserve capital. Portfolio Composition*:       ...

1 director sold

A director at Western Asset Corporate Loan Fund Inc sold 8,226 shares at 10.442USD and the significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over t...

 PRESS RELEASE

Western Asset Corporate Loan Fund Inc. Announces Financial Position as...

NEW YORK--(BUSINESS WIRE)-- Western Asset Corporate Loan Fund Inc. (NYSE: TLI) today announced the financial position of the Fund as of December 31,2017.   Current Q   Previous Q   Prior Yr Q December 31, 2017 September 30, 2017 ...

 PRESS RELEASE

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the ...

NEW YORK--(BUSINESS WIRE)-- Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2018. The following dates apply to the distribution schedule below:   Month       Record Date       ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch