Press Releases

LMP Corporate Loan Fund Inc. As Of September 30, 2011

Stock quotes in this article:TLI 

LMP Corporate Loan Fund Inc. (NYSE: TLI) announces its portfolio composition as of September 30, 2011.

Investment Objective: The Fund’s investment objective is to maximize current income consistent with prudent efforts to preserve capital.

Portfolio Composition*:

 

Asset Allocation

Collateralized Senior Loans

 

88.9%

Corporate Bonds

8.2%

Short-Term

2.9%

 

Credit Quality Allocation (Moody’s) **

Baa3 0.6%
Ba1 4.7%
Ba2 9.4%
Ba3 24.1%
B1 31.8%
B2 11.2%
B3 9.4%
Caa1 5.3%
Caa2 2.4%
NR 1.1%
 

Top Ten Industries

Healthcare 18.0%
Electronics/Electric 10.8%
Broadcast Radio & Television 9.9%
Diversified/Conglomerate Manufacturing 8.1%
Diversified/Conglomerate Service 8.1%
Leisure 8.1%
Oil & Gas 8.1%
Chemicals & Plastics 7.2%
Retailers (ex Food & Drug) 7.2%
Finance 7.2%
 

Average to next reset

49 days
 

Portfolio Statistics:

 

Inception Date

November 20, 1998

Inception Price

$15.00

Total Assets***

$185,148,921

Net Assets

$116,257,309

Loans****

16.78%

Preferred Shares****

19.26%

Reverse Repos****

0.00%
 

Market Price

$10.69

NAV

$11.72
(Daily NAV is available on market quotation systems using the symbol XTLIX.)
 

Distribution Rate

 

$0.0595 per share

Frequency

Monthly (Declared monthly, 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 Moody's Investors Service and typically range from Aaa (highest) to C (lowest). 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 borrowings; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements 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 based on total assets.

LMP Corporate Loan Fund Inc., a non-diversified investment management company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc. and is sub-advised by Citigroup Alternative Investments LLC (“CAI”), an indirect wholly-owned subsidiary of Citigroup Inc.

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