Western Asset Vrble Rate Strtgc Fnd Stock Price, News & Analysis (NYSE:GFY)

$17.15 -0.09 (-0.52 %)
(As of 02/25/2018 04:51 AM ET)
Previous Close$17.15
Today's Range$17.14 - $17.29
52-Week Range$16.26 - $17.79
Volume3,939 shs
Average Volume6,132 shs
Market Capitalization$80.06 million
P/E RatioN/A
Dividend Yield5.42%
Beta0.33

About Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY)

Western Asset Variable Rate Strategic Fund Inc. is a non-diversified, closed-end management investment company. The Fund's investment objective is to maintain a high level of current income. The Fund invests primarily in variable rate instruments of the United States and non-United States issuers, including the United States and non-United States investment grade and high-yield debt, senior loans, emerging market debt and derivatives related to these securities. The Fund invests in fixed-income securities, which are subject to credit risks, including the risk of nonpayment of scheduled interest or loan payments. It may invest in high-yield and foreign securities, including emerging markets. Its investments include various sectors, such as energy, materials and healthcare. Legg Mason Partners Fund Advisor, LLC is the Fund's investment manager. Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. are its sub advisors.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:GFY
CUSIPN/A
Phone+1-888-7770102

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares6,670,000

Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY) Frequently Asked Questions

What is Western Asset Vrble Rate Strtgc Fnd's stock symbol?

Western Asset Vrble Rate Strtgc Fnd trades on the New York Stock Exchange (NYSE) under the ticker symbol "GFY."

How often does Western Asset Vrble Rate Strtgc Fnd pay dividends? What is the dividend yield for Western Asset Vrble Rate Strtgc Fnd?

Western Asset Vrble Rate Strtgc Fnd announced a monthly dividend on Friday, February 16th. Stockholders of record on Friday, March 23rd will be paid a dividend of $0.0775 per share on Monday, April 2nd. This represents a $0.93 annualized dividend and a dividend yield of 5.42%. The ex-dividend date is Thursday, March 22nd. View Western Asset Vrble Rate Strtgc Fnd's Dividend History.

Who are some of Western Asset Vrble Rate Strtgc Fnd's key competitors?

Who are Western Asset Vrble Rate Strtgc Fnd's key executives?

Western Asset Vrble Rate Strtgc Fnd's management team includes the folowing people:

  • Kenneth D. Fuller, Chairman of the Board, President, Chief Executive Officer (Age 58)
  • Richard F. Sennett, Principal Financial Officer (Age 47)
  • Ted P. Becker, Chief Compliance Officer (Age 66)
  • Steven Frank, Treasurer (Age 50)
  • Vanessa A. Williams, Identity Theft Prevention Officer (Age 38)
  • Robert I. Frenkel, Chief Legal Officer, Secretary (Age 63)
  • William R. Hutchinson, Lead Independent Director (Age 75)
  • Robert D. Agdern, Director (Age 67)
  • Eileen A. Kamerick, Director (Age 59)
  • Carol L. Colman, Independent Director (Age 71)

Who owns Western Asset Vrble Rate Strtgc Fnd stock?

Western Asset Vrble Rate Strtgc Fnd's stock is owned by many different of retail and institutional investors. Top institutional investors include Sit Investment Associates Inc. (17.31%). View Institutional Ownership Trends for Western Asset Vrble Rate Strtgc Fnd.

Who bought Western Asset Vrble Rate Strtgc Fnd stock? Who is buying Western Asset Vrble Rate Strtgc Fnd stock?

Western Asset Vrble Rate Strtgc Fnd's stock was bought by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc.. View Insider Buying and Selling for Western Asset Vrble Rate Strtgc Fnd.

How do I buy Western Asset Vrble Rate Strtgc Fnd stock?

Shares of Western Asset Vrble Rate Strtgc Fnd can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Western Asset Vrble Rate Strtgc Fnd's stock price today?

One share of Western Asset Vrble Rate Strtgc Fnd stock can currently be purchased for approximately $17.15.

How big of a company is Western Asset Vrble Rate Strtgc Fnd?

Western Asset Vrble Rate Strtgc Fnd has a market capitalization of $80.06 million.

How can I contact Western Asset Vrble Rate Strtgc Fnd?

Western Asset Vrble Rate Strtgc Fnd's mailing address is 620 8th Ave Fl 49, NEW YORK, NY 10018-1618, United States. The financial services provider can be reached via phone at +1-888-7770102.


MarketBeat Community Rating for Western Asset Vrble Rate Strtgc Fnd (GFY)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  30 (Vote Outperform)
Underperform Votes:  43 (Vote Underperform)
Total Votes:  73
MarketBeat's community ratings are surveys of what our community members think about Western Asset Vrble Rate Strtgc Fnd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY) Dividend Information

Next Dividend:4/2/2018
Annual Dividend:$0.93
Dividend Yield:5.42%
Dividend Growth:2.20% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY)

Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/16/2018monthly$0.085.37%3/22/20183/23/20184/2/2018
2/16/2018monthly$0.085.37%4/19/20184/20/20185/1/2018
2/16/2018monthly$0.085.37%5/24/20185/25/20186/1/2018
11/14/2017monthly$0.085.44%12/21/201712/22/201712/29/2017
11/14/2017monthly$0.085.44%2/15/20182/16/20183/1/2018
11/14/2017monthly$0.085.44%1/18/20181/19/20182/1/2018
8/15/2017monthly$0.085.43%9/21/20179/22/201710/2/2017
8/15/2017monthly$0.085.43%11/22/201711/24/201712/1/2017
8/15/2017monthly$0.085.43%10/19/201710/20/201711/1/2017
5/18/2017monthly$0.085.57%6/21/20176/23/20177/3/2017
5/18/2017monthly$0.085.57%7/19/20177/21/20178/1/2017
5/18/2017monthly$0.085.57%8/23/20178/25/20179/1/2017
2/16/2017monthly$0.085.68%5/17/20175/19/20176/1/2017
2/16/2017monthly$0.085.68%3/22/20173/24/20174/3/2017
2/16/2017monthly$0.085.68%4/19/20174/21/20175/1/2017
(Data available from 1/1/2013 forward)

Insider Trades

Western Asset Vrble Rate Strtgc Fnd (NYSE GFY) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY)
Insider Trades by Quarter for Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY)

Western Asset Vrble Rate Strtgc Fnd (NYSE GFY) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/18/2016Daniel P CroninDirectorSell3,000$15.56$46,680.007,831View SEC Filing  
8/18/2016Daniel P. CroninDirectorSell2,500$16.05$40,125.00View SEC Filing  
5/24/2016Daniel P CroninDirectorSell2,000$15.50$31,000.0013,331View SEC Filing  
7/1/2015Kenneth FullerCEOBuy1,000$16.50$16,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Western Asset Vrble Rate Strtgc Fnd (NYSE GFY) News Headlines

Source:

SEC Filings

Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Western Asset Vrble Rate Strtgc Fnd (NYSE GFY) Stock Chart for Sunday, February, 25, 2018

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This page was last updated on 2/25/2018 by MarketBeat.com Staff

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