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Western Asset Variable Rate Strategic Fund Inc. (GFY)On Nov 18: 10.94   0.00 (0.00%)  
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Western Asset Variable Rate Strategic Fund Inc.
55 Water Street
New York, NY 10041
United States - Map
Phone: 800-451-2010
Web Site: http://www.leggmason.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Closed-End Fund - Debt
Full Time Employees:NaN

BUSINESS SUMMARY 
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 and Western Asset Management Company Limited. The fund invests in the fixed income markets across the globe. It invests in variable rate instruments of U.S. and non-U.S. issuers, 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 benchmarks the performance of its portfolio against the Merrill Lynch Constant Maturity 3-Month LIBOR Index. It 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.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Robert Jay Gerken CFA, 57
    Chairman, Chief Exec. Officer and Pres
    N/A N/A
    Mr. Kaprel Ozsolak , 42
    Chief Financial Officer and Treasurer
    N/A N/A
    Mr. Andrew B. Shoup , 51
    Chief Admin. Officer and Sr. VP
    N/A N/A
    Mr. Roger M. Lavan CFA, 44
    Exec. VP and Portfolio Mang.
    N/A N/A
    Mr. Robert I. Frenkel Esq., 53
    Chief Legal Officer and Sec.
    N/A N/A
    Dollar amounts are as of and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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