Business Description
Launched in 1973 and based in the United States, Western Asset Income Fund is a closed-end fund that focuses on high-quality debt securities within the American fixed income market. Its holdings typically include government bonds, bank debt, commercial paper, and cash equivalents. The fund measures its results against two Barclays indexes covering U.S. corporate high yield and U.S. credit markets, and operates under the oversight of Western Asset Management Company.