Filed pursuant to Rule 424(b)(3)
Registration No. 333-228963
CLARION PARTNERS REAL ESTATE INCOME FUND INC. (THE “FUND”)
SUPPLEMENT NO. 3 DATED JANUARY 6, 2021
TO THE PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION (“SAI”),
EACH DATED MAY 14, 2020
Effective January 12, 2021, the following changes are made to the Fund’s Prospectus and SAI:
| 1a. | The section titled “Management of the Fund – Investment Team – Portfolio Managers” in the Fund’s Prospectus is deleted in its entirety and replaced with the following: |
| | |
Name, Address and Title | | Principal Occupation(s) During Past 5 Years |
Clarion Partners Portfolio Managers | | |
Richard Schaupp | | Managing Director of Clarion Partners |
Onay Payne | | Managing Director of Clarion Partners |
Jason Glasser | | Senior Vice President of Clarion Partners |
Janis Mandarino | | Senior Vice President of Clarion Partners |
| |
Western Asset Portfolio Managers | | |
S. Kenneth Leech | | Chief Investment Officer of Western Asset |
Greg E. Handler | | Portfolio Manager of Western Asset |
Additional information about the portfolio managers’ compensation, other accounts managed by them and other information is provided in the SAI.
| 1b. | In the section of the Fund’s SAI titled “Portfolio Managers – Western Asset Portfolio Managers,” the information relating to Harris A. Trifon is deleted in its entirety. |
| 1c. | In the section of the Fund’s SAI titled “Portfolio Managers – Securities Ownership of Portfolio Managers,” the information relating to Harris A. Trifon is deleted in its entirety. |
Capitalized terms not defined herein have the meanings assigned to them in the Prospectus.
Please retain this supplement for future reference.
CLAR632213
