Western Asset Management Defined Opportunity Trust (NYSE-Listed MTT) visits the NYSE. In honor of the occasion, Mark Fetting, Chairman, CEO and President of Legg Mason, Inc.; Dave Odenath, Head, Americas for Legg Mason, Inc., and Rob Amodeo, Lead Portfolio Manager, Western Asset Municipal Defined Opportunity Trust ring The Closing Bell®.
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WESTERN ASSET MUNICIPAL DEFINED OPPORTUNITY TRUST (NYSE: MTT)
The closed-end fund is sub-advised by Western Asset Management Company ("Western Asset"), an affiliate of the investment manager. Western Asset's municipal bond fund team managed approximately $16.5 billion in municipal bond assets as of December 31, 2008.
LEGG MASON (NYSE: LM )
Legg Mason is a global asset management firm, with $698 billion in assets under management as of December 31, 2008. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange.
Western Asset Management
Western Asset is one of the world's premier fixed-income managers. With offices in Pasadena, New York, London, Tokyo, Singapore, Hong Kong, Melbourne and Sao Paulo, Western Asset offers institutional and retail clients a full range of fixed-income products. By devoting all of its resources to fixed-income, Western Asset is able to provide a full commitment to its clients in every area of the firm. This focused approach has generated superior returns in products with a variety of risk disciplines. Western Asset's long performance track record and global presence has them positioned to continue their commitment to excellence in fixed-income investment management and client service. As of December 31, 2008, Western Asset had $513 billion in assets under management.
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