Market Overview

Western Asset Corporate Loan Fund Inc. Announces Financial Position as of June 30, 2018

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Western Asset Corporate Loan Fund Inc. (NYSE:TLI) today announced the
financial position of the Fund as of June 30,2018.

             
Current Q Previous Q Prior Yr Q
June 30, 2018 March 31, 2018 June 30, 2017
Total Assets (a) $ 197,200,886 $ 179,700,750 $ 185,005,712
Total Net Assets (a) $ 111,882,370 $ 112,521,542 $ 113,998,258
NAV Per Share of Common Stock (b) $ 11.26 $ 11.32 $ 11.47
Market Price Per Share $ 10.11 $ 10.48 $ 11.13
Premium / (Discount) (10.21 )% (7.42 )% (2.96 )%
Outstanding Shares 9,938,962 9,938,962 9,938,962
 
Total Net Investment Income (c) $ 1,628,826 $ 1,508,291 $ 1,709,594
Total Net Realized/Unrealized Gain/(Loss) (c) $ (687,703 ) $ (565,089 ) $ (2,152,437 )
Net Increase (Decrease) in Net Assets From Operations (c) $ 941,123   $ 943,202   $ (442,843 )
 

Earnings per Common Share Outstanding

Total Net Investment Income (c) $ 0.16 $ 0.15 $ 0.17
Total Net Realized/Unrealized Gain/(Loss) (c) $ (0.07 ) $ (0.06 ) $ (0.22 )
Net Increase (Decrease) in Net Assets From Operations (c) $ 0.09   $ 0.09   $ (0.05 )
 
Undistributed/(Overdistributed) Net Investment Income (d) $ (98,723 ) $ (147,254 ) $ 95,628
Undistributed/(Overdistributed) Net Investment Income
Per Share (d) $ (0.01 ) $ (0.01 ) $ 0.01
 
Loan Outstanding (d) $ 54,000,000 $ 54,000,000 $ 55,500,000
 
Footnotes:
(a)   The difference between the Fund's total assets and total net assets
is due primarily to its outstanding auction rate preferred stock
("ARPS") and use of borrowings; total net assets do not include
either borrowings or the liquidation value of ARPS.
(b) NAVs are calculated as of the close of business on the last business
day in the periods indicated above.
(c) For the quarter indicated.
(d) As of the period indicated above.
 

This financial data is unaudited.

The Fund files its semi-annual and annual reports
with the Securities and Exchange Commission, as well as its complete
schedule of portfolio holdings for the first and third quarters of each
fiscal year on Form N-Q. These reports are available on the Commission's
website at
www.sec.gov.
To obtain information on Form N-Q or a semi-annual or annual report from
the Fund, shareholders can call 1-888-777-0102.

Western Asset Corporate Loan Fund Inc., a non-diversified closed-end
management investment company, is managed by Legg Mason Partners Fund
Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc.

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

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.

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