(Source: Business Wire)
LMP Corporate Loan Fund Inc., which is listed on the New York Stock Exchange under the symbol "TLI", today announced the financial position of the Fund as of June 30, 2009.
Current Q Previous Q Prior Yr Q June 30, 2009 March 31, 2009 June 30, 2008 Total Assets (a) $168,814,363 $146,031,520 $212,076,368 Total Net Assets (a) $102,109,494 $80,431,993 $121,928,326 NAV Per Share of Common Stock (b) $10.30 $8.12 $12.30 Market Price Per Share $8.19 $6.60 $10.89 Premium / (Discount) (20.49)% (18.72)% (11.46)% Outstanding Shares 9,910,750 9,910,750 9,910,750 Total Net Investment Income (c)(d) $1,312,618 $1,376,955 $2,307,398 Total Net Investment Income Per Share (c)(d) $0.13 $0.14 $0.23 Total Net Realized/Unrealized Gain/(Loss) (c) $21,454,991 $13,143,948 $7,285,876 Total Net Realized/Unrealized Gain/(Loss) Per Share (c) $2.16 $1.33 $0.74 Undistributed/(Overdistributed) Net Investment Income (e) $212,611 $132,399 $(34,950) Undistributed/(Overdistributed) Net Investment Income Per Share (e) $0.02 $0.01 $(0.00)* -------------------------------------------------------------------------------
Footnotes:
(a) The difference between the Fund's total assets and total net assets is due primarily to its outstanding auction rate preferred stock ("ARPS") and use of borrowings; total net assets do not include either borrowings or the liquidation value of ARPS. (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.