Western Asset Municipal Described Prospect Belief Inc. (the “Fund”) announced these days that the Fund terminated as scheduled on April 30, 2021. The proportionate pursuits of stockholders in the belongings of the Fund were identified as of that date. The Fund’s liquidating distribution of $21.1993 per share is expected to be paid on or about May possibly 5, 2021. Prior to the opening of business on Could 3, 2021, the Fund ceased buying and selling on the New York Stock Trade.

The Fund, a non-diversified, closed-end administration expenditure firm, is managed by Legg Mason Associates Fund Advisor, LLC (“LMPFA”) and is sub-advised by Western Asset Management Business, LLC (“Western Asset”), an affiliate of LMPFA. Equally LMPFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Assets, Inc. (“Franklin Sources”).

The Fund documents its semi-once-a-year and yearly studies with the Securities and Exchange Commission (the “SEC”). These stories are readily available on the SEC’s site at www.sec.gov. Get in touch with the Fund at 1-888-777-0102 for extra details, or consult with the Fund’s net internet site at www.lmcef.com. Tough copies of the Fund’s full audited monetary statements are available absolutely free of demand upon request.

Knowledge and commentary presented in this push release are for informational reasons only. This press release could include statements about programs and anticipations for the potential that represent ahead-wanting statements within just the Personal Securities Litigation Reform Act of 1995. These types of ahead-seeking statements are primarily based on the Fund’s current options and anticipations, and are subject matter to risks and uncertainties that could bring about true benefits to differ materially from individuals explained in the forward-on the lookout statements. Additional facts regarding this kind of hazards and uncertainties are contained in the Fund’s filings with the SEC. Franklin Means and its affiliate marketers do not have interaction in offering shares of the Fund.

Group: Fund Announcement

Supply: Franklin Assets, Inc.

Source: Legg Mason Shut End Funds

Perspective source edition on businesswire.com: https://www.businesswire.com/information/household/20210503005357/en/

Contacts

Fund Investor Providers-1-888-777-0102