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OFFON

WESTERN ASSET MUNICIPAL DEFINED OPPORTUNITY TRUST INC.

(MTT)
SummaryQuotesChartsNewsCompany 
Business Summary
Western Asset Municipal Defined Opportunity Trust Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to provide high current income exempt from federal income tax and then to liquidate on or about April 30, 2021, and distribute all of the Fund's net assets to shareholders. As a secondary investment objective, it will seek total return. The Fund seeks to achieve its objective by investing, normally, at least 80% of its net assets in investment grade municipal securities. It may invest up to 20% of its net assets in municipal securities rated below investment grade at the time of purchase. The Fund invests in a range of sectors, including pre-refunded/escrowed to maturity, industrial revenue, water and sewer, healthcare, education, solid waste/resource recovery, power, local general obligation, leasing, housing and transportation. Legg Mason Partners Fund Advisor, LLC is the investment manager of the Fund.
Managers
Name Title Age Since
Jane Elizabeth Trust Chairman, President & Chief Executive Officer 59 2015
Christopher Berarducci Chief Financial Officer & Treasurer 47 2019
Fred Jensen Chief Compliance Officer 58 2020
Carol L. Colman Independent Director 75 2009
Daniel P. Cronin Independent Director 75 2009
Paolo M. Cucchi Independent Director 80 2009
William R. Hutchinson Lead Independent Director 79 2014
Eileen A. Kamerick Independent Director 63 2013
Robert D. Agdern Independent Director 71 2015
Nisha Kumar Independent Director 51 2019
Members of the board
Name Title Age Since
Jane Elizabeth Trust Chairman, President & Chief Executive Officer 59 2015
Carol L. Colman Independent Director 75 2009
Daniel P. Cronin Independent Director 75 2009
Paolo M. Cucchi Independent Director 80 2009
William R. Hutchinson Lead Independent Director 79 2014
Eileen A. Kamerick Independent Director 63 2013
Robert D. Agdern Independent Director 71 2015
Nisha Kumar Independent Director 51 2019
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 12,200,435 12,200,435 100.0% 0 0.0% 100.0%
Company contact information
Western Asset Municipal Defined Opportunity Trust, Inc.
620 8th Avenue
47th floor
New York, NY 10018

Phone : +1.888.777.0102
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