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Western Asset Worldwide Income Fund Inc. Announces Financial Position as of March 31, 2011


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Published in Business and Finance on by Market Wire   Print publication without navigation


NEW YORK--([ BUSINESS WIRE ])--Western Asset Worldwide Income Fund Inc. (NYSE: SBW) today announced the financial position of the Fund as of March 31, 2011.

Current QPrevious QPrior Yr Q
March 31, 2011December 31, 2010March 31, 2010
Total Net Assets $ 193,116,647 $ 193,336,461 $ 187,002,259
NAV Per Share of Common Stock (a) $ 14.84 $ 14.85 $ 14.37
Market Price Per Share $ 13.03 $ 13.30 $ 13.25
Premium / (Discount) -12.20 % -10.44 % -7.79 %
Outstanding Shares 13,014,971 13,014,971 13,014,971
Total Net Investment Income (b) $ 2,760,548 $ 2,844,983 $ 2,644,788
Total Net Realized/Unrealized Gain/(Loss) (b) $ (51,993 ) $ (5,126,380 ) $ 5,015,551
Net Increase (Decrease) in Net Assets From Operations (b) $ 2,708,555 $ (2,281,397 ) $ 7,660,339

Earnings per Common Share Outstanding

Total Net Investment Income (b) $ 0.21 $ 0.21 $ 0.20
Total Net Realized/Unrealized Gain/(Loss) (b) $ (0.00 )

a

$ (0.39 ) $ 0.39
Net Increase (Decrease) in Net Assets From Operations (b) $ 0.21 $ (0.18 ) $ 0.59
Undistributed/(Overdistributed) Net Investment Income (c) $ 1,198,459 $ 1,366,279 $ 280,977
Undistributed/(Overdistributed) Net Investment Income
Per Share (c) $ 0.09 $ 0.10 $ 0.02
Footnotes:
(a) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(b) For the quarter indicated.
(c) As of the date indicated above.
a Amount represents less than $0.01 per share.

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 Commissiona™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, please call 1-888-777-0102 or consult the Funda™s web site at [ www.leggmason.com/cef ].

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.


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