Western Asset Variable Rate Strategic Fund (GFY) Stock Price, News & Analysis

Company Overview

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, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund invests in the fixed income markets across the globe. It seeks to invest in variable rate investment grade securities, 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 seeks to maintain an average duration of around one to two years with an average credit quality of BBB+. It benchmarks the performance of its portfolio against the Merrill Lynch Constant Maturity 3-Month LIBOR Index. The fund 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 Stats

• Today's Range: $16.29 to $16.31
• 50-Day Range: $16.23 to $16.37
• 52-Week Range: $10.88 to $17.14
• Volume: 15,527 shs
• Average Volume: 9,754 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 5.71%
• Price Target: N/A
• Consensus Rating: N/A

GFY Stock Analysis - Frequently Asked Questions

What other stocks do shareholders of Western Asset Variable Rate Strategic Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Asset Variable Rate Strategic Fund investors own include Putnam Premier Income Trust (PPT), Brinker International (EAT), M&T Bank (MTB), Royal Bank of Canada (RY), Shaw Communications (SJR), SLR Investment (SLRC) and Southern (SO).

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: NYSE:GFY
• CIK: 1299393
• Web: www.leggmason.com
• Phone: +1-888-7770102
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A