MTT Description — Western Asset Municipal Term Trust Inc.
Western Asset Municipal Defined Opportunity Trust is a closed-end, non-diversified management investment company. The Fund's primary investment objective is to provide high current income exempt from federal income tax and then to liquidate and distribute all of the Fund's net assets to shareholders. As a secondary investment objective, the Fund will seek total return. The Fund seeks to achieve its primary investment objective by investing, under normal market conditions, at least 80% of its net assets in investment grade municipal securities. As of Nov 30 2015, the Fund's portfolio investment totaled $269,372,594 and its assets totaled $273,812,138.