Effective September 18, 2026, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

  • Michael Buchanan

  • Amit Chopra

  • Frederick Marki

  • Mark Lindbloom

  • Rafael Zielonka

As previously announced, effective December 31, 2026, Frederck Marki will no longer be a member of the portfolio management team of the Fund.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund.

For more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund’s website at www.franklintempleton.com/investments/options/closed-end-funds. The information contained on the Fund’s website is not part of this press release. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

The Fund’s shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.

About Franklin Templeton

Franklin Templeton, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton.

Category: Fund Announcement

Source: Franklin Templeton, Inc.

Source: Legg Mason Closed End Funds

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