 Western Asset Intermediate Muni Fund Inc. NYSE: SBI, Western Asset Managed Municipals Fund Inc. NYSE: MMU, Western Asset Municipal Partners Fund Inc. NYSE: MNP, Western Asset Municipal High Income Fund Inc. NYSE: MHF and Western Asset Municipal Defined Opportunity Trust Inc. NYSE: MTT each, a Fund and, together, the Funds announced that effective today, May 21, 2020, SBI, MMU, MNP and MHF may enter into tender option bond TOB transactions and may invest in inverse floating rate instruments issued in TOB transactions. Also effective today, MTTs current investment policy regarding TOB transactions is being updated to include the below disclosure. 