GFY Western Asset Variable Rate Strategic Fund Inc

Investment professionals from Western Asset Management Company, a Legg Mason, Inc. affiliate, participated in a quarterly update to discuss their views on the current market and provide their outlook for 2015. The call featured investment professionals for closed-end funds that are affiliated with Legg Mason, Inc. (“Legg Mason”) and are advised or sub-advised by Western Asset personnel, and included the following speakers:

• Chris Kilpatrick – Research Analyst, Credit Markets
• CL Lian – Head of Emerging Market Debt, Emerging Market Debt
• Greg Handler – Portfolio Manager, Mortgage-Backed Securities
• Mark Lindbloom – Portfolio Manager, Market Overview
• Robert Amodeo –Head of Municipals, Municipals

Investors can access a replay of this call by phone or by visiting our website:

Phone:

        Dial-in number: 1-855-330-2076   Passcode: 69499165   Entire Call – Option 1 Introduction – Option 2 Chris Kilpatrick – Option 3 CL Lian – Option 4 Greg Handler – Option 5 Mark Lindbloom – Option 6 Robert Amodeo – Option 7 Important Disclosures – Option 8  

Website:

www.lmcef.com

Replay on the website will be provided in its entirety and in segments based on individual speakers.  

Investment advisory and sub-advisory services are provided by subsidiaries of Legg Mason, including: Western Asset Management Company and Western Asset Management Company Limited.

Legg Mason is one of the nation's top 10 providers of closed-end funds with over $13 billion in assets under management as of 6/30/15, per Lipper.

All data and commentary provided is for informational purposes only. Neither Legg Mason, Inc. nor any of its affiliates engage in the sale of shares of the funds.

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

SYMBOLS:

NYSE: DMO; EHI; EMD; ESD; GDF; GDO; GFY; HIO; HIX; HYI; IGI; MHF; MHY; MMU; MNP; MTT; PAI; SBW; SCD; WEA;

NASDAQ: XWAMX, XWMFX

NYSE Amex: SBI

View source version on businesswire.com: http://www.businesswire.com/news/home/20151117006958/en/

Media:Legg Mason, Inc.Maria Rosati, 212-805-6036mrosati@leggmason.com