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Stock impact report

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote “FOR” Western Asset Corporate Loan Fund’s Director Nominees

WESTERN ASSET CORPORATE LOAN FUND INC (TLI) 
Company Research Source: Business Wire
Western Asset Corporate Loan Fund Urges Stockholders to Protect the Value of Their Investment by Voting “FOR” the Fund’s Director Nominees on the WHITE Proxy Card NEW YORK--(BUSINESS WIRE)--Western Asset Corporate Loan Fund Inc. (NYSE: TLI) (“the Fund”) today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), two of the leading independent proxy advisory firms, recommend that stockholders vote “FOR” the Fund’s highly-qualified and experienced director nominees – Nisha Kumar, Eileen A. Kamerick, and Daniel P. Cronin – on the WHITE Proxy Card in connection with the Annual Meeting of Stockholders scheduled for 9:00 a.m. Eastern Time on March 20, 2020.In their reports dated March 6, 2020 and March 4, 2020, respectively, ISS and Glass Lewis noted1:“…the fund outperformed both comparator groups over a one-year period and was more or less in line relative to peers over three- and five-year periods ending on the unaffected date of Dec. 20, 201 Show less Read more
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