Western Asset High Yield Defined Stock News

HYI currently offers investors a 7.55% yield that is fully covered by NII. This is also the case when forward projecting the new higher rate based off of the mo

The Funds announced that the board of directors of each Fund has set a record date of March 9, 2020 for determining those stockholders of each Fund entitled to notice of and to vote at the special mee

Equities had a spectacular 2019 but I fear the coronavirus impact on global economies, and borrowing costs flirting with zero. The dam could break in the equity

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2020.

Franklin Resources, Inc. (“Franklin Resources”) and Legg Mason, Inc. (“Legg Mason”) announced today that they have entered into a definitive agreement

Only funds with coverage >100% are considered. Top lists of discount, yield, D x Y, and D x Y x Z are given. Munis dominate the top D x Y x Z lists.

Brief discussion of two 'Buy' rated funds and one fund rated as a 'Hold'. These three funds could prove to be opportunities heading into 2020. Many of our other

Only funds with coverage >100% are considered. Top lists of discount, yield, D x Y and D x Y x Z are given. The top D x Y x Z funds are MZA, MFL and JSD.

The bucket strategy offers some key benefits for a retirement portfolio allocation. The strategy allows for enough liquid low-risk assets for immediate needs an