620 Eighth Avenue
New York, NY 10018
Industry: Closed-End Fund - Debt
|Mr. Kenneth Donald Fuller||Chairman, Chief Exec. Officer and Pres||N/A||N/A||1958|
|Mr. Richard F. Sennett||Principal Financial Officer||N/A||N/A||1970|
|Mr. Andrew B. Shoup||Chief Admin. Officer and Sr. VP||N/A||N/A||1956|
|Mr. Robert I. Frenkel||Chief Legal Officer and Sec.||N/A||N/A||1954|
|Mr. Theodore Paul Becker||Chief Compliance Officer||N/A||N/A||1951|
Western Asset Variable Rate Strategic Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund invests in the fixed income markets across the globe. It seeks to invest in variable rate investment grade securities, including U.S. and non-U.S. investment grade and high yield debt, senior loans, emerging markets debt and derivatives related to these securities. The fund seeks to maintain an average duration of around one to two years with an average credit quality of BBB+. It benchmarks the performance of its portfolio against the Merrill Lynch Constant Maturity 3-Month LIBOR Index. The fund was formerly known as Salomon Brothers Variable Rate Strategic Fund Inc. Western Asset Variable Rate Strategic Fund Inc. was formed on August 3, 2004 and is domiciled in the United States.
Western Asset Variable Rate Strategic Fund Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.