Western Asset Income Fund (“PAI”) Sets New Rate and Announces Distributions for the Months of June, July, August & September 2011

Western Asset Income Fund (NYSE: PAI) today announced a monthly distribution rate of $0.0600 per common share for the months of June, July, August and September 2011. The Fund has decreased its distributions to a level that better approximates the current level of net investment income generated by its investment portfolio. The Fund had previously paid a monthly distribution rate of $0.0650 per common share.

The distribution schedule appears below:



Record Date

Payable Date



June 06/15/2011 06/17/2011 06/24/2011 $ 0.0600 Income
July 07/20/2011 07/22/2011 07/29/2011 $ 0.0600 Income
August 08/17/2011 08/19/2011 08/26/2011 $ 0.0600 Income
September 09/21/2011 09/23/2011 09/30/2011 $ 0.0600 Income

This press release is not for tax reporting purposes and is being provided to announce the amount of the Fund’s distributions that have been declared by the Board of Directors. In early 2012, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on your tax return (e.g., ordinary income, long-term capital gain or return of capital).

The Fund is a closed-end investment company that invests predominantly in a diversified portfolio of debt securities. Its investment adviser is Western Asset Management Company; a subsidiary of Legg Mason, Inc. Western Asset Management Company has managed the Fund since its inception in March 1973.

For Fund-related questions, please contact Fund Investor Services at (888) 777-0102.

For shareholder-related questions please contact American Stock Transfer and Trust Company at (888) 888-0151.

All data and commentary provided within this press release is for informational purposes only. Legg Mason, Inc. and its affiliates do not engage in selling any of the shares of the Fund.


Western Asset Income Fund
Fund-related questions:
Funds Investor Services, 888-777-0102
Shareholder-related questions:
American Stock Transfer and Trust Company, 888-888-0151
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here