NEW YORK--(BUSINESS WIRE)--September 11, 2025-- 

Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the months of September, October and November 2025.

The following dates apply to the distribution schedule below:

 
  Month    Record Date  Ex-Dividend Date  Payable Date 
September   9/23/2025      9/23/2025       10/1/2025 
 October   10/24/2025      10/24/2025      11/3/2025 
November   11/20/2025      11/20/2025      12/1/2025 
 
 
                                                         Change from Previous 
 Ticker   Fund Name                 Month      Amount        Distribution 
--------  ----------------------  ----------  --------  ---------------------- 
          Western Asset 
           Investment Grade 
 PAI       Income Fund Inc.       September   $0.05250            - 
                   October                    $0.05250 
                   November                   $0.05250 
  ------------------------------------------  --------  ---------------------- 
          Western Asset Premier 
 WEA       Bond Fund              September   $0.07000            - 
                   October                    $0.07000 
                   November                   $0.07000 
  ------------------------------------------  --------  ---------------------- 
 

This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund's distributions that have been declared by the Board of Trustees. If it is estimated that the source of a monthly distribution includes anything other than net investment income, the Fund will provide notice to shareholders containing the estimated sources of the distribution. These notices can be found on the Fund's website. In early 2026, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return (e.g., ordinary income, long-term capital gain or return of capital).

Franklin Templeton Fund Adviser, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. ("Franklin Resources").

For more information about the Funds, please call 1-888-777-0102 or consult the Funds' website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds' complete audited financial statements are available free of charge upon request.

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

The Funds' common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price 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.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Category: Distribution Related

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20250911071244/en/

 
    CONTACT: 

Investor Contact: Fund Investor Services 1-888-777-0102

(END) Dow Jones Newswires

September 11, 2025 08:00 ET (12:00 GMT)