Western Asset Variable Rate Strategic Fund Inc

Western Asset Variable Rate Strategic Fund, Inc. is a closed end investment fund, which engages in the provision of a leveraged portfolio of primarily variable rate instruments of United States and non-United States issuers, including United States and non-United States investment grade and high-yield debt, senior loans, emerging market debt, and derivatives related to these securities. The company was founded on August 3, 2004 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--Western Asset Variable Rate Strategic Fund Inc. (the “Fund”) (NYSE: GFY) announced today that the Fund liquidated as planned on November 20, 2020 and the proportionate interests of stockholders in the assets of the Fund were determined as of that date. The Fund's liquidating distribution of $16.3200 per share is anticipated to be paid on or about November 30, 2020. Prior to the opening of business on November 23, 2020, the Fund will cease trading on the New York Stock

Western Asset Variable Strategic Rate Fund Inc. Announces Liquidating Distribution

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TLI and GFY are due to liquidate in two weeks' time. High-probability/low-risk potential of ~0.30% profit for a two-week holding period (~7% annualized).

Small Change Profit Idea From TLI/GFY Liquidations

NEW YORK--(BUSINESS WIRE)--Western Asset Variable Rate Strategic Fund Inc. (the “Fund”) (NYSE: GFY) announced today the results of the votes cast at the special meeting of stockholders held on November 13, 2020. Stockholders voted to approve the liquidation and dissolution of the Fund pursuant to the Plan of Liquidation and Dissolution adopted by the Board of Directors of the Fund. It is expected that the effective date of the liquidation will be November 20, 2020 and the transfer agent will cl

Western Asset Variable Rate Strategic Fund Inc. Announces Results of Special Meeting of Stockholders: Proposal to Liquidate and Dissolve the Fund is Approved

NEW YORK--(BUSINESS WIRE)--Western Asset Variable Rate Strategic Fund Inc. (NYSE: GFY) today announced the financial position of the Fund as of June 30, 2020.

Western Asset Variable Rate Strategic Fund Inc. Announces Financial Position as of June 30, 2020

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News for Western Asset Variable Rate Strategic Fund Inc ETF (GFY)