GFY Western Asset Variable Rate Strategic Fund Inc

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2017.

The following dates apply to the distribution schedule below:

                    Month     Record Date     Ex-Dividend Date     Payable Date March     3/24/2017     3/22/2017     4/03/2017 April     4/21/2017     4/19/2017     5/01/2017 May     5/19/2017     5/17/2017     6/01/2017                         Ticker   Fund Name   Month   Amount     Type  

ChangefromPreviousDistribution

TLI Western Asset Corporate Loan Fund Inc. Mar $0.07250   Income - Apr $0.07250 Income         May   $0.07250       Income     HIX Western Asset High Income Fund II Inc. Mar $0.05250 a Income $(0.0015) Apr $0.05250 Income         May   $0.05250       Income     HIO Western Asset High Income Opportunity Fund Inc. Mar $0.03050 Income - Apr $0.03050 Income         May   $0.03050       Income     HYI Western Asset High Yield Defined Opportunity Fund Inc. Mar $0.10050 a Income $(0.0020) Apr $0.10050 Income         May   $0.10050       Income     EHI Western Asset Global High Income Fund Inc. Mar $0.07500 a Income $(0.0050) Apr $0.07500 Income         May   $0.07500       Income     GDO Western Asset Global Corporate Defined Opportunity Fund Inc. Mar $0.11350 Income - Apr $0.11350 Income         May   $0.11350       Income     GFY Western Asset Variable Rate Strategic Fund Inc. Mar $0.07750 Income - Apr $0.07750 Income         May   $0.07750       Income     IGI Western Asset Investment Grade Defined Opportunity Trust Inc. Mar $0.09000 Income - Apr $0.09000 Income         May   $0.09000       Income     DMO Western Asset Mortgage Defined Opportunity Fund Inc. Mar $0.23500 Income - Apr $0.23500 Income         May   $0.23500       Income     SBI Western Asset Intermediate Muni Fund Inc. Mar $0.03640 Income

-

Apr $0.03640 Income         May   $0.03640       Income     MMU Western Asset Managed Municipals Fund Inc. Mar $0.06300 Income

-

Apr $0.06300 Income         May   $0.06300       Income     MHF Western Asset Municipal High Income Fund Inc. Mar $0.02550 Income

-

Apr $0.02550 Income         May   $0.02550       Income     MNP Western Asset Municipal Partners Fund Inc. Mar $0.06750 Income

-

Apr $0.06750 Income         May   $0.06750       Income     MTT Western Asset Municipal Defined Opportunity Trust Inc. Mar $0.08400 Income

-

Apr $0.08400 Income         May   $0.08400       Income      

a The Fund has decreased its distributions to a level that better approximates the current level of net investment income generated by its investment portfolio.

This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2018, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).

For more information about the Funds, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Funds’ complete audited financial statement 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 Funds.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170214005263/en/

Legg MasonMaria Rosati, 212-805-6036mrosati@leggmason.com