NEW YORK--(BUSINESS WIRE)--Western Asset Middle Market Debt Fund Inc. (NASDAQ: XWAMX) will hold a live conference call on February 24, 2014, at 4:15 p.m. (EST). Western Asset Management Company (“Western Asset”) portfolio manager Chris Jacobs will discuss the Fund's investment portfolio, and outlook, and hold a question-and-answer session.
Conference Call Dial-in Information:
Date: February 24, 2014
Time: 4:15 p.m. (Eastern Time)
USA Toll-Free Number: 1-877-456-4467
Password: Western Asset
A replay of the call will be made available and instructions on how to access the replay will be provided at a future date by press release.
The Fund’s primary investment objective is to provide high income. As a secondary investment objective, the Fund seeks capital appreciation. There can be no assurance the Fund will achieve its investment objectives.
The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its Managed Assets in below-investment-grade debt securities, including loans, issued by middle market companies. For investment purposes, “middle market” refers to companies with annual revenues of between $100 million and $1 billion at the time of investment by the Fund.
Western Asset Middle Market Debt Fund Inc., a non-diversified, 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.
Legg Mason is one of the nation's top 10 providers of closed-end funds with over $14 billion in assets under management as of 12/31/13, per Lipper.
All data and commentary provided is for informational purposes only. Legg Mason, Inc. and all of its affiliates do not engage in selling any of the shares of this Fund.
For more information please call 1-888-777-0102 or consult the Fund’s website at www.lmcef.com.