UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-04254
Legg Mason Partners Income Trust
(Exact name of registrant as specified in charter)
620 EIGHTH AVENUE, NEW YORK, NEW YORK 10018
(Address of principal executive offices) (Zip code)
Marc De Oliveira
100 First Stamford Place, 6th Floor
Stamford, Connecticut 06902
(Name and address of agent for service)
Registrant’s telephone number, including area code: 877-6LM-FUND/656-3863
Date of fiscal year end: Multiple fiscal year ends
Date of reporting period: July 1, 2022 - June 30, 2023
Item 1. Proxy Voting Record
There were no proxies voted on behalf of Western Asset California Municipals Fund, Western Asset Emerging Markets Debt Fund, Western Asset Global High Yield Bond Fund, Western Asset Intermediate Maturity California Municipals Fund, Western Asset Intermediate Maturity New York Municipals Fund, Western Asset Intermediate-Term Municipals Fund, Western Asset Managed Municipals Fund, Western Asset Massachusetts Municipals Fund, Western Asset Mortgage Total Return Fund, Western Asset Municipal High Income Fund, Western Asset New Jersey Municipals Fund, Western Asset New York Municipals Fund, Western Asset Oregon Municipals Fund, Western Asset Pennsylvania Municipals Fund, Western Asset Short Duration Municipal Income Fund, Western Asset Short-Term Bond Fund and Western Asset Ultra-Short Income Fund.
On November 18, 2022, Western Asset Global High Yield Bond Fund merged into Western Asset High Yield Fund, a series of Western Asset Funds, Inc.
On July 7, 2023, Western Asset Emerging Markets Debt Fund liquidated.
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-04254
Reporting Period: 07/01/2022 - 06/30/2023
Legg Mason Partners Income Trust
=================== Western Asset California Municipals Fund ===================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
====================== Western Asset Corporate Bond Fund =======================
LINCOLN NATIONAL CORPORATION
Ticker: LNCPRD Security ID: 534187BR9
Meeting Date: MAY 23, 2023 Meeting Type: ANNUAL
Record Date: MAR 20, 2023
# Proposal Mgt Rec Vote Cast Sponsor
1a. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Deirdre P. Connelly
1b. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Ellen G. Cooper
1c. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: William H. Cunningham
1d. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Reginald E. Davis
1e. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Eric G. Johnson
1f. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Gary C. Kelly
1g. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: M. Leanne Lachman
1h. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Dale LeFebvre
1i. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Janet Liang
1j. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Michael F. Mee
1k. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Lynn M. Utter
2. The ratification of the appointment of For For Management
Ernst & Young LLP as the independent
registered public accounting firm for
2023.
3. The approval of an advisory resolution For For Management
on the compensation of our named
executive officers.
4. Respond to an advisory proposal For For Management
regarding the frequency (every one,
two or three years) of future advisory
resolutions on the compensation of our
named executive officers.
5. The approval of an amendment to the For For Management
Lincoln National Corporation 2020
Incentive Compensation Plan.
6. Shareholder proposal to amend our For For Management
governing documents to provide an
independent chair of the board.
7. Shareholder proposal to require For For Management
shareholder ratification of executive
termination pay.
--------------------------------------------------------------------------------
LINCOLN NATIONAL CORPORATION
Ticker: LNCPRD Security ID: 534187885
Meeting Date: MAY 23, 2023 Meeting Type: ANNUAL
Record Date: MAR 20, 2023
# Proposal Mgt Rec Vote Cast Sponsor
1a. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Deirdre P. Connelly
1b. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Ellen G. Cooper
1c. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: William H. Cunningham
1d. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Reginald E. Davis
1e. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Eric G. Johnson
1f. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Gary C. Kelly
1g. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: M. Leanne Lachman
1h. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Dale LeFebvre
1i. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Janet Liang
1j. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Michael F. Mee
1k. Election of Director for a one-year For For Management
term expiring at the 2024 Annual
Meeting: Lynn M. Utter
2. The ratification of the appointment of For For Management
Ernst & Young LLP as the independent
registered public accounting firm for
2023.
3. The approval of an advisory resolution For For Management
on the compensation of our named
executive officers.
4. Respond to an advisory proposal For For Management
regarding the frequency (every one,
two or three years) of future advisory
resolutions on the compensation of our
named executive officers.
5. The approval of an amendment to the For For Management
Lincoln National Corporation 2020
Incentive Compensation Plan.
6. Shareholder proposal to amend our For For Management
governing documents to provide an
independent chair of the board.
7. Shareholder proposal to require For For Management
shareholder ratification of executive
termination pay.
=================== Western Asset Emerging Markets Debt Fund ===================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
================== Western Asset Global High Yield Bond Fund ===================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
========================== Western Asset Income Fund ===========================
BERRY CORPORATION
Ticker: BRY Security ID: 08579X101
Meeting Date: MAY 23, 2023 Meeting Type: ANNUAL
Record Date: MAR 31, 2023
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Renee Hornbaker For For Management
1.2 Anne Mariucci For For Management
1.3 Don Paul For For Management
1.4 Rajath Shourie For For Management
1.5 A. Trem Smith For For Management
2 Ratify the selection of KPMG LLP as For For Management
the Company's independent registered
public accounting firm for the fiscal
year ending December 31, 2023.
--------------------------------------------------------------------------------
COOPERATIEVE RABOBANK U.A.
Ticker: RABOBK Security ID: XS1002121454
Meeting Date: MAY 16, 2023 Meeting Type: Bond Meeting
Record Date: MAY 05, 2023
# Proposal Mgt Rec Vote Cast Sponsor
2 RECEIVE ANNOUNCEMENTS AND MINUTES OF For Abstain Management
THE MAY 24, 2022 MEETING
3 APPROVE REPORT ON RABOBANK For Abstain Management
CERTIFICATES AND ACTIVITIES OF THE
STAK IN 2022
4 RECEIVE EXPLANATION ON RABOBANK'S RISK For Abstain Management
AND COMPENSATION POLICY AND ANNUAL
FIGURES 2022
========== Western Asset Intermediate Maturity California Municipals ==========
========== Fund ==========
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
========= Western Asset Intermediate Maturity New York Municipals Fund =========
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
=============== Western Asset Intermediate-Term Municipals Fund ================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
==================== Western Asset Managed Municipals Fund =====================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
================= Western Asset Massachusetts Municipals Fund ==================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
=================== Western Asset Mortgage Total Return Fund ===================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
=================== Western Asset Municipal High Income Fund ===================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
=================== Western Asset New Jersey Municipals Fund ===================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
==================== Western Asset New York Municipals Fund ====================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
===================== Western Asset Oregon Municipals Fund =====================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
================== Western Asset Pennsylvania Municipals Fund ==================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
================ Western Asset Short Duration High Income Fund =================
BERRY CORPORATION
Ticker: BRY Security ID: 08579X101
Meeting Date: MAY 23, 2023 Meeting Type: ANNUAL
Record Date: MAR 31, 2023
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Renee Hornbaker For For Management
1.2 Anne Mariucci For For Management
1.3 Don Paul For For Management
1.4 Rajath Shourie For For Management
1.5 A. Trem Smith For For Management
2 Ratify the selection of KPMG LLP as For For Management
the Company's independent registered
public accounting firm for the fiscal
year ending December 31, 2023.
--------------------------------------------------------------------------------
CHORD ENERGY CORPORATION
Ticker: CHRD Security ID: 674215207
Meeting Date: APR 26, 2023 Meeting Type: ANNUAL
Record Date: MAR 09, 2023
# Proposal Mgt Rec Vote Cast Sponsor
1a. Election of Director to serve until For For Management
the 2024 Annual Meeting: Douglas E.
Brooks
1b. Election of Director to serve until For For Management
the 2024 Annual Meeting: Daniel E.
Brown
1c. Election of Director to serve until For For Management
the 2024 Annual Meeting: Susan M.
Cunningham
1d. Election of Director to serve until For For Management
the 2024 Annual Meeting: Samantha F.
Holroyd
1e. Election of Director to serve until For For Management
the 2024 Annual Meeting: Paul J. Korus
1f. Election of Director to serve until For For Management
the 2024 Annual Meeting: Kevin S.
McCarthy
1g. Election of Director to serve until For For Management
the 2024 Annual Meeting: Anne Taylor
1h. Election of Director to serve until For For Management
the 2024 Annual Meeting: Cynthia L.
Walker
1i. Election of Director to serve until For For Management
the 2024 Annual Meeting: Marguerite N.
Woung- Chapman
2 To ratify the selection of For For Management
PricewaterhouseCoopers LLP as the
Company's independent registered
public accounting firm for 2023.
3 To approve, on an advisory basis, the For For Management
compensation of our named executive
officers as disclosed in the Proxy
Statement.
4 To approve, on an advisory basis, the 1 Year 1 Year Management
frequency of future executive
compensation advisory votes.
============== Western Asset Short Duration Municipal Income Fund ==============
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
====================== Western Asset Short-Term Bond Fund ======================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
==================== Western Asset Ultra-Short Income Fund =====================
There is no proxy voting activity for the fund, as the fund did not hold any
votable positions during the reporting period.
========== END NPX REPORTSIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
Legg Mason Partners Income Trust
| By: | /s/ Jane Trust | |
Jane Trust President and Chief Executive Officer |
Date: August 18, 2023