UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ]Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
[ ]Definitive Proxy Statement
[X]Definitive Additional Materials
[ ] Soliciting Material Pursuant to §240.14a-12
BrandywineGLOBAL– Global Income Opportunities Fund Inc. | Western Asset High Yield Defined Opportunity Fund Inc. |
Clarion Partners Real Estate Income Fund Inc. | Western Asset Intermediate Muni Fund Inc. |
ClearBridge Energy Midstream Opportunity Fund Inc. | Western Asset Investment Grade Defined Opportunity Trust Inc. |
ClearBridge MLP and Midstream Fund Inc. | Western Asset Managed Municipals Fund Inc. |
ClearBridge MLP and Midstream Total Return Fund Inc. | Western Asset Middle Market Debt Fund Inc. |
LMP Capital and Income Fund Inc. | Western Asset Middle Market Income Fund Inc. |
Western Asset Corporate Loan Fund Inc. | Western Asset Mortgage Opportunity Fund Inc. |
Western Asset Emerging Markets Debt Fund Inc. | Western Asset Municipal Defined Opportunity Trust Inc. |
Western Asset Global Corporate Defined Opportunity Fund Inc. | Western Asset Municipal High Income Fund Inc. |
Western Asset Global High Income Fund Inc. | Western Asset Municipal Partners Fund Inc. |
Western Asset High Income Fund II Inc. | Western Asset Variable Rate Strategic Fund Inc. |
Western Asset High Income Opportunity Fund Inc. |
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(Name of Registrant(s) as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
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[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
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To:All Employees Who Hold Shares in U.S.-Registered Legg Mason Funds
From:______________
Date:April __, 2020
Re:IMPORTANT – PLEASE VOTE YOUR LM FUND PROXIES
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Due to the pending merger with Franklin Templeton, we are required to seek shareholder approval of the new investment advisory contracts for each of Legg Mason’s many U.S.-organized open-end and closed-end funds.
In coming weeks, you will receive proxies for funds in which you hold shares. We need your help in acquiring the needed shareholder votes.
Please OPEN AND VOTE your proxies! DO NOT throw them out.
Voting can be accomplished by internet, telephone or mail.
Your vote matters, no matter how many shares you own, and we ask for your help.
Getting fund shareholders to vote is among the most labor-intensive processes in our efforts to satisfy the requirements needed to close the transaction.
In a small number of closed-end funds, the proxy is being contested. If you are invested in these funds, you will receive materials from our proxy solicitor, Innisfree, indicating that those funds are contested. The recommendations of our fund boards are reflected on the WHITE proxy cards.
For these funds, you may receive white, gold or green proxy cards or voting instruction forms:
WHITE proxy cards = Vote with Management
GREEN or GOLD proxy cards = Vote with parties unaffiliated with Legg Mason
If you have questions, do not receive proxy materials by May __, or have misplaced a proxy, please _______________ or ___________. They will be happy to help you complete this important task.
Again, it is important that you – and all shareholders –vote your proxy in the timeliest possible manner. Thank you for your assistance.