LMP Corporate Loan Fund Inc. (“TLI”) Announces Distribution Rate for the
Month of December 2012
NEW YORK -- November 21, 2012
LMP Corporate Loan Fund Inc. (NYSE: TLI) today announced a monthly
distribution of $0.0725 per common share for December 2012. The distribution
amount is unchanged from the prior month.
The distribution schedule appears below:
Month Ex-Date Record Date Payable Date Amount Type
December 12/12/2012 12/14/2012 12/21/2012 $0.0725 Income
This press release is not for tax reporting purposes but is being provided to
announce the amount of the Fund’s distribution that has been declared by the
Board of Directors. In early 2013, 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 respective 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).
LMP Corporate Loan Fund Inc., a non-diversified, closed-end management
investment company, is managed by Legg Mason Partners Fund Advisor, LLC
(“LMPFA”), a wholly-owned subsidiary of Legg Mason, Inc., and is currently
sub-advised by Citigroup Alternative Investments LLC (“CAI”), an indirect
wholly-owned subsidiary of Citigroup Inc. Effective December 1, 2012, LMPFA
will assume responsibility for the day-to-day management of the Fund’s
portfolio. Following LMPFA’s assumption of the day-to-day management, the Fund
will no longer have CAI as its subadviser.
Contact the Fund at 1-888-777-0102 for additional information, or consult the
Fund’s web site at www.lmcef.com.
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.
LMP Corporate Loan Fund Inc.
Maria Rosati, (212)-805-6036
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