Western Asset Worldwide Income Fund Inc. Announces Financial Position as of September 30, 2015
December 01 2015 - 8:00AM
Business Wire
Western Asset Worldwide Income Fund Inc. (NYSE: SBW) today
announced the financial position of the Fund as of September 30,
2015.
September 30, 2015 June 30, 2015 September 30,
2014 Total Assets (a) $ 184,806,184 $
197,364,906 $ 214,504,701 Total Net Assets (a) $ 154,606,138 $
166,597,637 $ 182,422,687 NAV Per Share of Common Stock (b) $ 11.88
$ 12.80 $ 14.01 Market Price Per Share $ 9.83 $ 10.84 $ 12.24
Premium / (Discount) (17.26)% (15.31)% (12.63)% Outstanding Shares
13,017,723 13,017,723 13,017,723 Total Net Investment Income
(c) $ 2,528,452 $ 2,392,671 $ 2,587,899 Total Net
Realized/Unrealized Gain/(Loss) (c) $ (11,688,596) $
(2,864,951) $ (6,851,829) Net Increase (Decrease) in Net
Assets From Operations (c) $ (9,160,144) $
(472,280) $ (4,263,930)
Earnings per Common
Share Outstanding
Total Net Investment Income (c) $ 0.19 $ 0.18 $ 0.20 Total Net
Realized/Unrealized Gain/(Loss) (c) $ (0.89) $
(0.22) $ (0.53) Net Increase (Decrease) in Net Assets From
Operations (c) $ (0.70) $ (0.04) $ (0.33)
Undistributed/(Overdistributed) Net Investment Income (d) $
(1,691,611) $ (1,388,708) $ 1,852,699
Undistributed/(Overdistributed) Net Investment Income Per Share (d)
$ (0.13) $ (0.11) $ 0.14 Loan Outstanding (d) $ 29,960,000 $
29,960,000 $ 29,560,000 Reverse Repurchase Agreements (d) $ - $ - $
571,500
Footnotes:
(a)
The difference between total assets and
total net assets is due primarily to the Fund’s use of borrowings;
total net assets do not include
borrowings.
(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 date 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 Worldwide Income 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., and is sub-advised by Western Asset Management
Company, an affiliate of the investment manager.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151201005205/en/
Media:Western Asset Worldwide Income Fund Inc.Maria Rosati,
212-805-6036mrosati@leggmason.com
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