Western Asset Global Partners Income Fund Inc. Announces Financial Position as of May 31, 2013

Western Asset Global Partners Income Fund Inc. Announces Financial Position as of May 31, 2013

NEW YORK--(BUSINESS WIRE)-- Western Asset Global Partners Income Fund Inc. (NYS: GDF) today announced the financial position of the Fund as of May 31, 2013.

        Current Q     Previous Q     Prior Yr Q
May 31, 2013 February 28, 2013 May 31, 2012
Total Assets (a) $ 249,997,146 $ 251,912,756 $ 238,863,801
Total Net Assets (a) $ 190,407,647 $ 193,682,316 $ 176,921,457
NAV Per Share of Common Stock (b) $ 12.22 $ 12.44 $ 11.40
Market Price Per Share $ 12.30 $ 13.34 $ 11.92
Premium / (Discount) 0.65 % 7.23 % 4.56 %
Outstanding Shares 15,586,783 15,570,266 15,519,669
 
Total Net Investment Income (c) $ 3,850,394 $ 3,757,133 $ 4,202,829
Total Net Realized/Unrealized Gain/(Loss) (c) $ (3,009,106 ) $ 2,041,735   $ (7,407,088 )
Net Increase (Decrease) in Net Assets From Operations (c) $ 841,288   $ 5,798,868   $ (3,204,259 )
 

Earnings per Common Share Outstanding

Total Net Investment Income (c) $ 0.25 $ 0.24 $ 0.27
Total Net Realized/Unrealized Gain/(Loss) (c) $ (0.19 ) $ 0.13   $ (0.48 )
Net Increase (Decrease) in Net Assets From Operations (c) $ 0.06   $ 0.37   $ (0.21 )
 
Undistributed/(Overdistributed) Net Investment Income (d) $ 1,497,943 $ 1,969,833 $ 1,315,753
Undistributed/(Overdistributed) Net Investment Income
Per Share (d) $ 0.10 $ 0.13 $ 0.08
 
Loan Outstanding (d) $ 39,000,000 $ 39,000,000 $ 39,000,000
Reverse Repurchase Agreements (d) $ 16,594,152 $ 17,889,385 $ 19,048,101
Footnotes:
(a)     The difference between total assets and total net assets is due primarily to the Fund's use of borrowings; total net assets do not include borrowings.
(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) As of the date indicated above.
 

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 Global Partners Income Fund Inc., a non-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 investment manager.

For more information, please call 1-888-777-0102 or consult the Fund's web site at www.lmcef.com.

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.



Media:
Western Asset Global Partners Income Fund Inc.
Maria Rosati, 212-805-6036
mrosati@leggmason.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

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