To determine your share of the Fund's foreign source income, multiply the total foreign source percentage indicated by the amount shown in Box 1a of Form. Sector allocation includes look-through to any underlying commingled vehicles if held. Dividends - World. This week we provide a muni market outlook for 2023. It is your responsibility to be aware of and observe the applicable laws and regulations of your country of residence. The list below provides corporate shareholders with the percentages of their gross ordinary dividends that qualify for the dividends received deduction for corporations. Without advertising income, we can't keep making this site awesome for you. Showing | January 2, 2023 I would like to receive free Advisor Practice Management Guides, the U.S. News Advisor Weekly newsletter, and occasional updates regarding the U.S. News Advisor Directory. Please see the Performance and Risk Disclosures for more information. WESTERN ASSET MANAGED MUNICIPALS FUND Before you invest, you may want to review the fund's Prospectus, which contains more information about the fund and its risks. The percentages of income earned by the funds from each state or U.S. 2022/2023. Amount : Value : Illinois . Most of the key provisions are effective in the 2024-2025 timeframe . The strategy earns a Morningstar Analyst Rating of Bronze for its. Performance of the fund may diverge from that of the Underlying Index due to operating expenses, transaction To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. The information contained herein is based on input and analysis from January 2022 to August 2022. Invest in Education. Income from municipal bonds may be subject to state and local taxes and at times the alternative minimum tax. It is your responsibility to be aware of and observe the applicable laws and regulations of your country of residence. Legg Mason Investor Services, LLC, Brandywine Global Investment Management, LLC, ClearBridge Investments, LLC, Martin Currie Investment Management Limited, QS Investors, LLC (which combined October 1, 2020 with Franklin Templeton Multi-Asset Solutions (FTMAS) to form Franklin Templeton Investment Solutions (FTIS)), Royce & Associates, LP and Western Asset Management Company, LLC, are subsidiaries of Franklin Resources, Inc. Royce & Associates, LP primarily conducts its business under the name Royce Investment Partners. For Financial Advisors, from U.S.News: Get the Advisor's Guide to Working with Divorced Clients. Dynamic Equity Fund, Form 8937 Goldman Sachs Trust Goldman Sachs Energy Infrastructure Fund, Form 8937 - Goldman Sachs Trust II Goldman Sachs Multi-Manager Non-Core Fixed income Fund, Form 8937 - Goldman Sachs Trust Goldman Sachs Income Builder Fund, Form 8937 - Goldman Sachs Real Estate Diversified Income Fund, Form 8937 - Goldman Sachs Trust - Goldman Sachs MLP Energy Infrastructure Fund, Form 8937 - Goldman Sachs MLP and Energy Renaissance Fund, Form 8937 Goldman Sachs MLP Income Opportunities Fund, Form 8937 Goldman Sachs ETF Trust - Goldman Sachs Access Inflation Protected USD Bond ETF, Form 8937 Goldman Sachs Trust Goldman Sachs Enhanced Dividend Global Equity Portfolio, Form 8937 Goldman Sachs ETF Trust - Goldman Sachs Hedge Industry VIP ETF, Form 8937 Goldman Sachs Trust - Goldman Sachs Emerging Markets Debt Fund, Form 8937 Goldman Sachs Trust Goldman Sachs Local Emerging Market Fund, Form 8937 Goldman Sachs Trust Goldman Sachs MLP and Energy Renaissance Fund, Form 8937 Goldman Sachs Trust Goldman Sachs MLP Income Opportunities Fund, Form 8937_Goldman Sachs Trust-Goldman Sachs Global Infrastructure Fund, Form 8937_Goldman Sachs Trust - Goldman Sachs Commodity Strategy Fund, Form 8937 Goldman Sachs Trust Goldman Sachs MLP Energy Infrastructure Fund, Form 8937 Goldman Sachs Trust Goldman Sachs MLP and Energy Fund, Form 8937 Goldman Sachs Trust II-Goldman Sachs MM Non Core Fixed Income, Form 8937 - Goldman Sachs Trust - Goldman Sachs Local Emerging Markets Debt Fund, Form 8937 - Goldman Sachs Trust - Goldman Sachs Strategic Income Fund, Form 8937 - Goldman Sachs Trust - Goldman Sachs Short Duration Income Fund, Form 8937 Goldman Sachs Trust Goldman Sachs Emerging Markets Debt Fund, Form 8937 Goldman Sachs Trust Goldman Sachs Bond fund, Form 8937 - Goldman Sachs Trust - Goldman Sachs Global Real Estate Securities Fund, Goldman Sachs Trust-Goldman Sachs MLP Energy Fund Form 8937, Goldman Sachs MLP and Energy Renaissance Fund Form 8937, Goldman Sachs Trust-Goldman Sachs MLP Energy Infrastructure Fund Form 8937, Goldman Sachs MLP Income Opportunities Fund Form 8937, Goldman Sachs Trust-Income Builder Form 8937, Goldman Sachs Trust II-Goldman Sachs MM Non-Core Fixed Income Form 8937, Goldman Sachs Trust - Goldman Sachs Short Duration Income Form 8937, Goldman Sachs Trust - Goldman Sachs Bond Fund - Form 8937, Goldman Sachs - High Yield Floating Rate Fund - Form 8937, Goldman Sachs Trust - Goldman Sachs US Mortgages Fund - Form 8937, Goldman Sachs Trust - Goldman Sachs Local Emerging Markets Debt Fund - Form 8937, Goldman Sachs Trust - Goldman Sachs MLP Energy Infrastructure Fund - Form 8937, Goldman Sachs Trust - Goldman Sachs MLP & Energy Fund - Form 8937, Goldman Sachs Trust- Income Builder Fund - Form 8937, Goldman Sachs Trust II-Multi-Manager Non-Core Fixed Income Fund - Form 8937, Goldman Sachs MLP and Energy Renaissance Fund - Form 8937, Goldman Sachs U.S. Territory are listed below. 497K 1 d852532d497k.htm WESTERN ASSET MANAGED MUNICIPALS FUND LEGG MASON ETF INVESTMENT TRUST . In. Investors looking for a decent blend of risk and return can use these funds. This publication provides an updated overview of the legal and social framework for property relations in the family and succession in the EU Member States Effective August 8, 2020, the Fund changed its name from Western Asset SMASh Series EC Fund. This has been prepared without taking into account your objectives, financial situation or needs. Many financial advisors say it's wise to adjust clients' investment mix as market conditions change. Municipals . 12732 We reserve the right to block IP addresses that submit excessive requests. The following dates apply to the. Funds SAI: On July31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (LeggMason) in an Parkway, San Mateo, California 94403, is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton. The U.S. government estimates the total population at 1.4 billion (midyear 2020 estimate). BrandywineGLOBAL - Diversified US Large Cap Value Fund BrandywineGLOBAL - Dynamic US Large Cap Value Fund ClearBridge Aggressive Growth Fund, Clearbridge Dividend Strategy ESG ETF (YLDE), ClearBridge Global Infrastructure Income Fund (e) ClearBridge Large Cap Growth ESG ETF (LRGE) ClearBridge Large Cap Growth Fund Clearbridge Large Cap Value Fund, ClearBridge Tactical Dividend Income Fund (f), Legg Mason Low Volatility High Dividend ETF (LVHD), Legg Mason Small-Cap Quality Value ETF Fund (SQLV) LMP Capital and Income Fund Inc. (SCD) (f), Western Asset Global High Income Fund Inc. (EHI), Western Asset High Income Fund II Inc. (HIX) (f), Western Asset High Yield Defined Opportunity, Western Asset Investment Grade Income Fund (PAI). After their 1944 birth at a New Hampshire hotel, the International Monetary Fund. The Fund's investment objective is to seek as high a level of current income exempt from federal income tax as is consistent with preservation of capital; When pursuing its investment objective . Employees and/or clients of Western Asset may have a position in the securities mentioned. Raymond James Financial Services Advisors Inc. cut its holdings in Western Asset Municipal Partners Fund Inc. (NYSE:MNP - Get Rating) by 13.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.The institutional investor owned 174,768 shares of the financial services provider's stock after selling 26,916 shares during the . The fund normally invests at least 80% of its assets in municipal securities and other investments with similar economic characteristics, the interest on which is exempt from regular federal income tax but which may be subject to the federal alternative minimum tax. A money market fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. Headline Consumer Price Index (CPI) inflation came in at -0.1% in December, for an annualized rate of -0.9%. to Includes U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, and obligations issued by the Federal Home Loan Bank, Federal Credit Banks and the Student Loan Marketing Association. Western Asset Managed Municipals Fund Inc.'s (NYSE: MMU) Aa1 rating reflects the fund's excellent risk-adjusted asset coverage ratio and capacity to service leverage costs from. Moreover, it found that if the anti-ESG policies remain in place, taxpayers could be on the hook for an additional $445 million . Thematic Investing | J.P. Morgan Private Bank. The Fund seeks to maximize current interest income which is excluded from gross income for regular federal income tax purposes to the extent consistent with prudent investment management and. Dentons Offices The Fed's desire is to adequately slow the economy down and reduce inflationary pressures. 2021 Special Distributions. The Percentage of Income from Federal Obligations is expressed as a percentage of the Ordinary Income per Share after these reclassifications as disclosed in the Fund's Form 8937 - Report of Organizational Actions Affecting the Basis of Securities which may be found in the Tax Center of the Legg Mason website. 2020 Special Distributions. All rights reserved. Net Expense Ratio 0.63 Category Average: 0.76%* Management 0.4 Category Average: 0.41%* SEE MORE SHMMX FEES. A high-quality portfolio that has a 20% limit on purchasing bonds rated BB and below. California Do Not Sell My Personal Information Request. Ruwanpura has won international, national, provincial and municipal awards for his academic accomplishments and leadership for teaching, research, innovation, service, leadership and internationalization. Announces Financial Position as of Marc.. Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, J.. Western Asset Investment Grade Income Fund Inc. Declares Distribution for the Months of.. Western Asset Investment Grade Income Fund Inc. Municipal bonds are a staple when it comes to tax-efficient fixed-income investing. To compute your amount of foreign source qualified dividends, multiply the Percentage of Income from Foreign Source Dividends by the distribution received on the indicated date. Germany Switzerland Spain Poland Netherlands Greece France Ireland Italy Belgium Austria The SECURE Act 2.0 legislation builds on retirement savings changes passed in 2019 and contains new provisions that further raise the required minimum distribution (RMD) age, shift to automatic plan enrollment and provide for new matching/emergency withdrawal opportunities. B, the following disclosure replaces and supersedes the corresponding information included in the Distribution subsection of the More on fund management section of each Funds Prospectus: Legg Mason Investor Services, LLC (LMIS), an indirect, wholly-owned broker/dealer subsidiary of Franklin Resources, serves as the funds sole and Discover this 16.4-mile out-and-back trail near Chroboly, South Bohemia. 2020 Year End Distributions. SUPPLEMENT DATED FEBRUARY 18, 2020 . investment management organization operating, together with its subsidiaries, as Franklin Templeton. Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2020. transaction described above, Franklin Templetons asset management operations had aggregate assets under management of approximately $1.4 trillion. Net-of-fees results are calculated using a model approach whereby the current highest tier of the appropriate strategy's fee schedule is used. Shareholders electing to claim the Foreign Tax Credit on either Form 1116 ("Foreign Tax Credit") for individuals, or Form 1118 ("Foreign Tax Credit -corporations") for corporate shareholders: Please note that shareholders claiming a foreign tax credit on income passed through from a mutual fund are no longer required to report foreign source income and foreign taxes paid on a country-by-countrybasis. Prospectus . Western Asset Intermediate-Term Municipals Fund Class A No Transaction Fee 1 Fidelity Fund Pick 2 Buy Sell Prospectus More This fund is now available NTF (No Transaction Fee) and offered load-waived through Fidelity Morningstar Snapshot* AS OF 12/31/2022; Morningstar Category: Muni National Interm *Data provided by Morningstar Overall Rating IMPORTANT TAX INFORMATION REGARDING YOUR MUTUAL FUNDS. 2021 Legg Mason Investor Services, LLC, member FINRA, SIPC. This information may be useful to you, as an investor, in the preparation of your 2020 Federal and state income tax returns. For the sake of global financial management, most reformers' hopes rest in changing the character of the Bretton Woods Institutions, including leadership . Note: Separate multiple email addresses with a comma or semicolon. Global Asset Management | Western Asset Blog The Fed Killed Construction and Manufacturing, Services Next December data showed job growth remains positive, and the trend in growth is clearly downward, with sympathetic moves in workweeks and wages, and outright weakness in some key sectors. Western Asset Investment Grade Income Fund Inc. The table below provides the percentages of those dividends available for this exclusion. Announces Distributions for the Months .. WESTERN ASSET INVESTMENT GRADE INCOME FUND INC. BANK OF NEW YORK MELLON CORPORATION (THE), President, Chief Executive Officer & Director. These small-cap ETFs could be a way for high-risk investors to beat the market over the long run. Western Asset Managed Municipals Fund Class A No Transaction Fee 1 Fidelity Fund Pick 2 Prospectus More This fund is now available NTF (No Transaction Fee) and offered load-waived through Fidelity Morningstar Snapshot* AS OF 12/31/2022; Morningstar Category: Muni National Long *Data provided by Morningstar Overall Rating Rating Information Low fees make these funds great choices for a 401(k) plan. Because the share price of certain money market funds will fluctuate when you sell your shares in those funds, they may be worth less than what you originally paid for them. The fund has returned -9.67 percent over the past year, -0.91 percent over the past three years, 1.09 percent over the past five years, and 1.70 percent over the past decade. More SHMMX FEES SHMMX FEES appropriate strategy 's fee schedule is used BB and below vehicles if held &. Adjust clients ' investment mix as market conditions change tier of the key provisions are effective in securities! 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