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Legg Mason Partners Fund Advisor, LLC Announces Distributions for Certain Closed End Funds Pursuant to their Managed Distribution Policy

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Legg Mason Partners Fund Advisor, LLC announced today that certain
closed end funds have declared distributions pursuant to their managed
distribution policy.

The following dates apply to the distribution schedule below:

Month Record Date Ex-Dividend Date Payable Date
September 9/21/2018 9/20/2018 10/01/2018
October 10/19/2018 10/18/2018 11/01/2018
November 11/23/2018 11/21/2018 12/03/2018
 
Ticker

Fund Name

 

Month

  Amount  

 

 

Change from
Previous
Distribution

SCD

LMP Capital and Income Fund Inc.1

Sep   $ 0.31000   a   -
                   

BWG

BrandywineGLOBAL - Global Income Opportunities Fund Inc. 1

Sep $ 0.07650 -
Oct $ 0.07650
      Nov   $ 0.07650        

EMD

Western Asset Emerging Markets Debt Fund Inc. 1

Sep $ 0.10000 -
Oct $ 0.10000
 

 

  Nov   $ 0.10000        

1

 

Please see table below for each Fund's estimated source of
distributions.

a

Quarterly paying distribution.

Under the terms of each Fund's managed distribution policy, the Fund
seeks to maintain a consistent distribution level derived from the
income and capital gains generated from the Fund's investment portfolio.
Shareholders should note that if the Fund's aggregate net investment
income and net realized capital gains are less than the amount of the
distributions paid, the difference will be distributed from the Fund's
assets and may constitute a return of the shareholder's capital. The
Board of Directors may modify, terminate or suspend the managed
distribution policy at any time. Any such modification, termination or
suspension could have an adverse effect on the market price of the
Fund's shares.

The Fund's distributions have been set based on the current level of
income generated from the Fund's investment portfolio and accumulated
capital gains, if any. Based on the Fund's tax accounting records, which
also factors in currency fluctuations, each Fund's estimated source of
cumulative fiscal year-to-date distributions is presented in the table
below:

Fund    

Fiscal
Year
End

    Income    

Short-Term
Capital
Gains

   

Long-Term
Capital
Gains

   

Return
of
Capital

   

SCD

  Nov 30   33.17 %   -   -   66.83 %   a
BWG   Oct 31   46.27 %   -   -   53.73 %   b
EMD   Dec 31   87.92 %   -   -   12.08 %   c

a

 

Sources of cumulative fiscal year-to-date distributions are
estimated through September 30, 2018.

b

Sources of cumulative fiscal year-to-date distributions are
estimated through October 31, 2018. Sources of calendar fiscal
year-to-date distributions are estimated to be 82.72% sourced from
income and 17.28% from a return of capital for the month ended
November 30, 2018.

c

Sources of cumulative fiscal year-to-date distributions are
estimated through November 30, 2018.

The updated estimated components of the distributions announced today
will be provided to shareholders of record in a separate notice when the
distributions are paid.

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 Directors. In early 2019, 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).

For more information about the Funds, please call 1-888-777-0102 or
consult the Fund's web site at www.lmcef.com.
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. Legg Mason and its affiliates do not engage in selling
shares of the Funds.

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