Important Tax Information
Legg Mason, Inc., its affiliates, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties. Tax-related statements, if any, may have been written in connection with the "promotion of marketing" of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from any independent tax advisor.
Legg Mason Private Portfolio Group, LLC, an affiliate of Legg Mason, Inc. ("Legg Mason"), serves as the coordinating portfolio manager and in this role manages client portfolios based on investment instructions provided by one or more of the following Legg Mason-affiliated investment management firms, as indicated in portfolio names or otherwise: ClearBridge Advisors, LLC, Western Asset Management Company and Brandywine Global Investment Management, LLC.