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NEW YORK–(BUSINESS WIRE)–Western Asset Intermediate Muni Fund Inc. (NYSE: SBI) today announced
the financial position of the Fund as of February 28, 2019.

      Current Q       Previous Q       Prior Yr Q
February 28, 2019 November 30, 2018 February 28, 2018
Total Assets (a) $ 188,831,259 $ 186,265,546 $ 191,947,917
Total Net Assets (a) $ 139,509,117 $ 137,339,866 $ 139,530,744
NAV Per Share of Common Stock (b) $ 9.91 $ 9.75 $ 9.91
Market Price Per Share $ 8.69 $ 8.29 $ 8.98
Premium / (Discount) (12.31)% (14.97)% (9.38)%
Outstanding Shares $ 14,082,315 $ 14,082,315 $ 14,082,315
 
Total Net Investment Income (c)(d) $ 1,387,760 $ 1,453,686 $ 1,402,635
Total Net Realized/Unrealized Gain/(Loss)(c) $ 2,147,230 $ (1,997,255) $ (2,217,894)
Preferred Dividends Paid from Net Investment Income (c) $ (203,948) $ (219,081) $ (171,242)
Net Increase (Decrease) in Net Assets From Operations (c) $ 3,331,042 $ (762,650) $ (986,501)
 

Earnings per Common Share Outstanding

Total Net Investment Income (c)(d) $ 0.10 $ 0.10 $ 0.10
Total Net Realized/Unrealized Gain/(Loss)(c) $ 0.15 $ (0.14) $ (0.16)
Preferred Dividends Paid from Net Investment Income (c) $ (0.01) $ (0.02) $ (0.01)
Net Increase (Decrease) in Net Assets From Operations (c) $ 0.24 $ (0.06) $ (0.07)
 
Undistributed Net Investment Income (e) $ 56,603 $ 34,582 $ 88,099
Undistributed Net Investment Income
Per Share (e) $ 0.00 $ 0.00 $ 0.01
 
Auction Rate Preferred Stock (e) $ 600,000 $ 600,000 $ 2,600,000
Variable Rate Demand Preferred Stock (e) $ 47,400,000 $ 47,400,000 $ 47,400,000
 
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 variable rate demand preferred stock (“VRDPS”); total
net assets do not include the liquidation value of ARPS and VRDPS
.
(b) NAVs are calculated as of the close of business on the last business
day in the periods indicated above.
(c) For the quarter indicated.
(d) Excludes distributions paid to preferred stockholders from net
investment income.
(e) As of the date indicated above.

† Amount represents less than $0.01 per share.

 

This financial data is unaudited.

The Fund files its semi-annual and annual reports
with the Securities and Exchange Commission, as well as its complete
schedule of portfolio holdings for the first and third quarters of each
fiscal year on Form N-Q.
These reports are
available on the Commission’s website at
www.sec.gov.
To obtain information on Form N-Q or a semi-annual or annual report from
the Fund, shareholders can call 1-888-777-0102.

Western Asset Intermediate Muni Fund Inc., a diversified closed-end
investment management company, is managed by Legg Mason Partners Fund
Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc. and is
sub-advised by Western Asset Management Company, an affiliate of the
adviser.

For more information about the Fund, please call 1-888-777-0102 or
consult the Fund’s web site at www.lmcef.com.
Hard copies of the Fund’s complete audited financial statements are
available free of charge upon request.

Data and commentary provided in this press release are for informational
purposes only. Legg Mason and its affiliates do not engage in selling
shares of the Fund.

Contacts

Investors: Fund Investor Services 1-888-777-0102