The Western Asset Intermediate Muni Fund Inc. functions as a closed-end mutual fund focused on fixed income investments. Its primary oversight comes from Legg Mason Partners Fund Advisor, LLC, with Western Asset Management Company acting as a co-manager. The fund's investment strategy is concentrated within the United States' fixed income markets. A key aim is to provide investors with income that is exempt from federal taxation, achieved predominantly by allocating capital to investment-grade municipal securities. To build its portfolio, the fund utilizes a rigorous, proprietary research methodology. Its financial performance is benchmarked against the Barclays Capital 1-15 Year Municipal Bond Index. This U.S.-domiciled fund was established on December 19, 1991, and was previously known as the Intermediate Muni Fund Inc.
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