Welcome to our dedicated page for Western Asset Intermediate Mun news (Ticker: SBI), a resource for investors and traders seeking the latest updates and insights on Western Asset Intermediate Mun stock.
State Bank of India (SBI), India's largest financial institution, maintains this dedicated news hub for investors and stakeholders seeking authoritative updates. Access real-time announcements including quarterly earnings disclosures, strategic partnerships, regulatory filings, and leadership developments shaping Asia's banking landscape.
This centralized resource provides verified updates on SBI's digital transformation initiatives, capital market activities, and financial performance metrics. Users will find comprehensive coverage of dividend declarations, bond issuances, and operational milestones critical for informed decision-making.
Key updates include detailed analyses of annual reports, expansion into new markets, and innovations in retail banking services. All content undergoes rigorous verification to ensure compliance with financial reporting standards and market regulations.
Bookmark this page for streamlined access to SBI's official communications and third-party analyses vetted for factual accuracy. Regularly updated to reflect the evolving priorities of India's banking sector leader.
Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) held its annual meeting of stockholders on April 14, 2025, announcing key leadership appointments and audit firm selection. Robert A. Agdern and Hillary A. Sale were elected as Class II Directors by both common and preferred stockholders, while Carol L. Colman was elected as a Class II Director by preferred stockholders. All directors will serve until the 2028 annual meeting.
Stockholders also ratified PricewaterhouseCoopers LLP as the Fund's independent registered public accountants for the fiscal year ending November 30, 2025. The Fund, a diversified closed-end management investment company, is managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company, , both indirect wholly-owned subsidiaries of Franklin Resources Inc.
Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) has released its financial position for February 28, 2025. The fund reported total assets of $173,956,021 and total net assets of $123,808,223. The Net Asset Value (NAV) per share stood at $8.79, while the market price was $8.98, representing a discount of 9.22%.
Key quarterly performance metrics include:
- Total Net Investment Income: $1,315,562 ($0.09 per share)
- Total Net Realized/Unrealized Loss: -$1,265,940 (-$0.09 per share)
- Preferred Dividends Paid: -$338,436 (-$0.02 per share)
The fund experienced a net decrease in assets from operations of -$288,814 (-$0.02 per share) for the quarter. The outstanding shares remained stable at 14,082,315, with Variable Rate Demand Preferred Stock maintained at $47,400,000.
Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) has released its financial position as of August 31, 2024. The Fund reported total assets of $175,573,564 and total net assets of $126,564,146. The NAV per share stood at $8.99, while the market price was $8.06, representing a discount of 10.34%. The Fund experienced a total net investment income of $1,342,249 and total net realized/unrealized gain of $3,502,233. The net increase in assets from operations was $4,439,108, with earnings per common share at $0.32.
Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) disclosed its financial status as of February 29, 2024, revealing total assets of $175,430,065 and total net assets of $127,241,370. The NAV per share of common stock stood at $9.04, with market price per share at $7.89. The fund reported a total net investment income of $1,301,630 and a net increase in net assets from operations of $3,887,678. Undistributed net investment income was noted at $805,173. Key financial metrics illustrate the fund's performance in the specified timeframe.
