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NYSE:GFY - Western Asset Vrble Rate Strtgc Fnd Stock Price, Forecast & News

$17.07
+0.06 (+0.35 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$17.01
Now: $17.07
$17.07
50-Day Range
$16.54
MA: $16.72
$17.07
52-Week Range
$15.76
Now: $17.07
$17.07
Volume12,643 shs
Average Volume5,074 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.06%
BetaN/A
Western Asset Variable Rate Strategic Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund invests in the fixed income markets across the globe. It seeks to invest in variable rate investment grade securities, including U.S. and non-U.S. investment grade and high yield debt, senior loans, emerging markets debt and derivatives related to these securities. The fund seeks to maintain an average duration of around one to two years with an average credit quality of BBB+. It benchmarks the performance of its portfolio against the Merrill Lynch Constant Maturity 3-Month LIBOR Index. The fund was formerly known as Salomon Brothers Variable Rate Strategic Fund Inc. Western Asset Variable Rate Strategic Fund Inc. was formed on August 3, 2004 and is domiciled in the United States.

Industry, Sector and Symbol

Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
CUSIPN/A
Phone+1-888-7770102

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable

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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 21st. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.0775 per share on Monday, June 1st. This represents a $0.93 annualized dividend and a dividend yield of 5.45%. The ex-dividend date is Wednesday, May 20th. View Western Asset Vrble Rate Strtgc Fnd's Dividend History.

Has Western Asset Vrble Rate Strtgc Fnd been receiving favorable news coverage?

Media stories about GFY stock have trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Western Asset Vrble Rate Strtgc Fnd earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Western Asset Vrble Rate Strtgc Fnd.

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

What other stocks do shareholders of Western Asset Vrble Rate Strtgc Fnd own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Vrble Rate Strtgc Fnd investors own include Putnam Premier Income Trust (PPT), Walgreens Boots Alliance (WBA), Brinker International (EAT), Royal Bank of Canada (RY), Shaw Communications (SJR), Southern (SO), Suncor Energy (SU), AT&T (T), Toronto-Dominion Bank (TD) and Templeton Emerging Markets Income Fund (TEI).

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

Western Asset Vrble Rate Strtgc Fnd's management team includes the folowing people:
  • Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 61)
  • Mr. Richard F. Sennett, Principal Financial Officer (Age 49)
  • Mr. Andrew B. Shoup, Chief Admin. Officer and Sr. VP (Age 63)
  • Mr. Robert I. Frenkel, Chief Legal Officer and Sec. (Age 65)
  • Mr. Theodore Paul Becker, Chief Compliance Officer (Age 68)

Who are Western Asset Vrble Rate Strtgc Fnd's major shareholders?

Western Asset Vrble Rate Strtgc Fnd's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Relative Value Partners Group LLC (0.00%), Shaker Financial Services LLC (0.00%) and 9258 Wealth Management LLC (0.00%). View Institutional Ownership Trends for Western Asset Vrble Rate Strtgc Fnd.

Which institutional investors are selling Western Asset Vrble Rate Strtgc Fnd stock?

GFY stock was sold by a variety of institutional investors in the last quarter, including 9258 Wealth Management LLC. View Insider Buying and Selling for Western Asset Vrble Rate Strtgc Fnd.

Which institutional investors are buying Western Asset Vrble Rate Strtgc Fnd stock?

GFY stock was bought by a variety of institutional investors in the last quarter, including Relative Value Partners Group LLC and Shaker Financial Services LLC. View Insider Buying and Selling for Western Asset Vrble Rate Strtgc Fnd.

How do I buy shares of Western Asset Vrble Rate Strtgc Fnd?

Shares of GFY 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, Robinhood, Fidelity and Charles Schwab.

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

One share of GFY stock can currently be purchased for approximately $17.07.

What is Western Asset Vrble Rate Strtgc Fnd's official website?

The official website for Western Asset Vrble Rate Strtgc Fnd is http://www.leggmason.com/.

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 (NYSE GFY)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  72 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  146
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 GFY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GFY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2020 by MarketBeat.com Staff

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