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LMP Corporate Loan Fund Inc. as of December 31, 2008


Published on 2009-01-26 14:14:10, Last Modified on 2009-01-26 14:14:57 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--LMP Corporate Loan Fund Inc. (NYSE: TLI) announces its portfolio composition as of December 31, 2008.

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

100.0%

 

Credit Quality Allocation

             

(Moody's)

Baa2 2.3%
Baa3 6.6%
Ba1 6.6%
Ba2 20.3%
Ba3 30.5%
B1 17.2%
B2 8.5%
B3 4.6%
Caa1 0.8%
Caa2 2.0%
D 0.6%
 

Top Ten Industries

Healthcare 10.4%
Business Equipment & Services 9.1%
Oil & Gas 7.7%
Telecommunications 6.4%
Electronics 6.1%
Food Products 5.8%
Leisure 5.4%
Building & Development 4.5%
Utilities 4.2%
Chemicals/Plastics 3.9%
 
 
 

Average Credit Quality (Moody's)

Ba3

Average to next reset

46 days

Portfolio Statistics:

 
 
Inception Date November 19, 1998
Inception Price $15.00
Total Net Assets $67,474,298 million
Market Price

$ 6.11

 

NAV

$ 6.81

(Daily NAV is available on market quotation systems using the symbol XTLIX.)
 
Distribution Rate $0.0550 per share
Frequency Monthly (Declared monthly, paid monthly)
Leverage** 48.83%

* Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time.

** The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. If the Fund establishes a segregated account in which it maintains cash and/or liquid securities equal in value to its obligation in respect of the reverse repurchase agreements (or other instruments), these investments are not considered to be a borrowing or a "senior security" for purposes of the asset coverage requirements under the 1940 Act, although they may have the same economic effect as other types of leverage.

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, an indirect wholly-owned subsidiary of Citigroup Inc.

Past performance is no guarantee of future results. An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate.

Contact the Fund at 1-888-777-0102 for additional information, or consult the Fund's web site at [ www.leggmason.com/cef ].