Market Overview

Western Asset Intermediate Muni Fund Inc. Portfolio Composition as of June 30, 2018

Share:

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) as of June 30,
2018.

Investment Objective: The Fund's investment objective is to
provide common shareholders a high level of current income exempt from
regular Federal income taxes consistent with prudent investing.

Portfolio Composition*:

   
 

Asset Allocation

Municipal

99.9%

Variable Rate Demand Notes

0.1%

 

Top Ten Municipal Sectors

Transportation 20.6%
Industrial Revenue 18.5%
Pre refunded / Escrowed to Maturity 12.6%
Power 10.0%
Lease Backed 8.9%
Special Tax Obligation 8.5%
Water & Sewer 6.9%
Health Care 4.4%
Local 2.6%
Education 2.4%
 

Credit Quality Allocation**

AAA 7.4%
AA 34.4%
A 42.4%
BBB 9.3%
BB 2.2%
CCC 0.5%
Not Rated 3.9%
 

Call Statistics

Not Callable 19.1%
2018 4.2%
2019 13.1%
2020 3.8%
2021 7.1%
2022 8.0%
2023 8.6%
2024 10.8%
2025 6.8%
2026 3.6%
2027 8.1%
2028 6.8%
 

Average Life (years)

5.7

Effective Duration (years)

6.5

Average Coupon (%)

5.1

Subject to AMT (%)

16.6
 

Portfolio Statistics:

 

Inception Date

March 2, 1992

Inception Price

$10.00

Total Assets***

$189,266,780

Net Assets

$139,266,780

Preferred Shares****

26.42%
 

Market Price

$8.67

NAV

$9.89
(Daily NAV is available on market quotation systems using the symbol
XSBIX.)
 

Distribution Rate

$0.0295 per share

Frequency

Monthly (Declared quarterly, paid monthly)

*     Portfolio holdings and weightings are historical and are presented
here for informational purposes only. They are subject to change at
any time.
**

Credit quality is a measure of a bond issuer's ability to repay
interest and principal in a timely manner. The credit ratings
shown are based on each portfolio security's rating as provided by
Standard and Poor's, Moody's Investors Service and/or Fitch
Ratings, Ltd. and typically range from AAA (highest) to D
(lowest), or an equivalent and/or similar rating. For this
purpose, when two or more of the agencies have assigned differing
ratings to a security, the highest rating is used. Securities that
are unrated by all three agencies are reflected as such. The
credit quality of the investments in the Fund's portfolio does not
apply to the stability or safety of the Fund. These ratings are
updated monthly and may change over time. Please note, the Fund
itself has not been rated by an independent rating agency.

*** The difference between total assets and net assets, if any, is due
primarily to the Fund's use of preferred shares; net assets do not
include preferred shares. The Fund may employ leverage in the form
of preferred stock and/or other instruments. When the Fund engages
in transactions that have a leveraging effect on the Fund's
portfolio, the value of the Fund will be more volatile and all other
risks will tend to be compounded.
**** Percentages are based on total assets. If the Fund employs leverage,
the Effective Duration is based on net assets.
 

Western Asset Intermediate Muni Fund Inc., a diversified closed-end
investment management company, is advised by Legg Mason Partners Fund
Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and is
sub-advised by Western Asset Management Company, an affiliate of the
advisor.

An investment in the Fund involves risk, including loss of principal.
Investment return and the value of shares will fluctuate. Fixed income
securities are subject to credit risk, inflation risk, call risk, and
interest rate risks. As interest rates rise, bond prices fall, reducing
the value of the Fund's share price.

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

For more information, please call Fund Investor Services at
1-888-777-0102, or consult the Fund's web site at http://www.lmcef.com.
Hard copies of the Fund's complete audited financial statements are
available free of charge upon request.

FN1112221

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