Western Asset Corporate Loan 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. The fund invests in the public fixed income markets across the globe. It invests in securities of companies operating across diversified sectors. The fund invests primarily in floating or variable rate collateralized senior loans to corporations, partnerships or other business entities operating in various industries with an average credit quality of B1 by Moodys. It benchmarks the performance of its portfolio against the Barclays U.S. Aggregate Index. The fund was formerly known as LMP Corporate Loan Fund, Inc. Western Asset Corporate Loan Fund Inc. was formed November 20, 1998 and is domiciled in the United States.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorFinance
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
LMP Corporate Loan Fund Inc. Closed-End Fund (NYSE:TLI) Frequently Asked Questions
What is LMP Corporate Loan Fund Inc. Closed-End Fund's stock symbol?
LMP Corporate Loan Fund Inc. Closed-End Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "TLI."
How often does LMP Corporate Loan Fund Inc. Closed-End Fund pay dividends? What is the dividend yield for LMP Corporate Loan Fund Inc. Closed-End Fund?
LMP Corporate Loan Fund Inc. Closed-End Fund declared a monthly dividend on Tuesday, May 15th. Shareholders of record on Friday, August 24th will be paid a dividend of $0.053 per share on Tuesday, September 4th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.74%. The ex-dividend date is Thursday, August 23rd. View LMP Corporate Loan Fund Inc. Closed-End Fund's Dividend History.
Has LMP Corporate Loan Fund Inc. Closed-End Fund been receiving favorable news coverage?
News coverage about TLI stock has trended somewhat negative on Sunday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. LMP Corporate Loan Fund Inc. Closed-End Fund earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the investment management company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.
Who are some of LMP Corporate Loan Fund Inc. Closed-End Fund's key competitors?
Some companies that are related to LMP Corporate Loan Fund Inc. Closed-End Fund include Enterprise Bancorp (EBTC), Republic First Bancorp (FRBK), Guaranty Bancshares (GNTY), Greenlight Capital Re (GLRE), Dynex Capital (DX), Landmark Infrastructure Partners LP Unit (LMRK), BlackRock Income Trust (BKT), Capital Southwest (CSWC), Oppenheimer (OPY), PCSB Financial (PCSB), NEWTEK Business Services (NEWT), Farmers National Banc (FMNB), America First Multifamily Investors (ATAX), MFS Multimarket Income Trust (MMT) and Dreyfus Strategic Municipal Bond Fund (DSM).
Who are LMP Corporate Loan Fund Inc. Closed-End Fund's key executives?
LMP Corporate Loan Fund Inc. Closed-End Fund's management team includes the folowing people:
- Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 60)
- Mr. Richard F. Sennett, Principal Financial Officer (Age 48)
- Mr. Robert I. Frenkel, Chief Legal Officer and Sec. (Age 64)
- Mr. Theodore Paul Becker, Chief Compliance Officer (Age 67)
- Mr. Steven Frank, Treasurer (Age 51)
How do I buy shares of LMP Corporate Loan Fund Inc. Closed-End Fund?
Shares of TLI 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 LMP Corporate Loan Fund Inc. Closed-End Fund's stock price today?
One share of TLI stock can currently be purchased for approximately $9.43.
How big of a company is LMP Corporate Loan Fund Inc. Closed-End Fund?
LMP Corporate Loan Fund Inc. Closed-End Fund has a market capitalization of $93.72 million.
MarketBeat Community Rating for LMP Corporate Loan Fund Inc. Closed-End Fund (NYSE TLI)
MarketBeat's community ratings are surveys of what our community members think about LMP Corporate Loan Fund Inc. Closed-End Fund and other stocks. Vote "Outperform" if you believe TLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
