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Investment Commentary and Annual Report to ... - Western Asset

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<strong>Annual</strong> <strong>Report</strong> <strong>to</strong> ShareholdersTrustees <strong>and</strong> Officers—ContinuedName <strong>and</strong> Age(as of December 31, 2008)Position(s)Held withFundTerm ofOffice <strong>and</strong>Length ofTime Served (A)Principal OccupationsDuring the Past 5 YearsNumber ofPortfolios InFund ComplexOverseen (B)OtherDirec<strong>to</strong>rshipsHeldRonald L. Olson D67TrusteeServed since2005Senior Partner of Munger, Tolles & OlsonLLP (a law partnership) (1968-present).13 EdisonInternational,City NationalCorporation(financialservicescompany),TheWashing<strong>to</strong>nPostCompany,<strong>and</strong>BerkshireHathaway,Inc.Officers ED. Daniel Fleet51Vice PresidentServed since2006President of <strong>Western</strong> <strong>Asset</strong> (2006-present); Vice President of <strong>Western</strong> <strong>Asset</strong>Income Fund <strong>and</strong> <strong>Western</strong> <strong>Asset</strong> PremierBond Fund (2006-present); Direc<strong>to</strong>r,<strong>Western</strong> <strong>Asset</strong> Management CompanyLimited (2006-present); Direc<strong>to</strong>r of RiskManagement of <strong>Western</strong> <strong>Asset</strong>(2002-2006).N/AN/AGavin L. James48Vice PresidentServed since2001Direc<strong>to</strong>r of Global Client Services <strong>and</strong>Marketing of <strong>Western</strong> <strong>Asset</strong> (1998-present).N/AN/AS. Kenneth Leech54Vice PresidentServed since1990Chief <strong>Investment</strong> Officer, Emeritus of<strong>Western</strong> <strong>Asset</strong> (2008-present); Chief<strong>Investment</strong> Officer of <strong>Western</strong> <strong>Asset</strong>(1998-2008); Vice President of <strong>Western</strong><strong>Asset</strong> Income Fund (1998-present) <strong>and</strong><strong>Western</strong> <strong>Asset</strong> Premier Bond Fund (2001-present).N/AN/AStephen A. Walsh50Vice PresidentServed since1994Chief <strong>Investment</strong> Officer of <strong>Western</strong> <strong>Asset</strong>(2008-present) Deputy Chief <strong>Investment</strong>Officer of <strong>Western</strong> <strong>Asset</strong> (2000-2008);Vice President of <strong>Western</strong> <strong>Asset</strong> IncomeFund (1999-present) <strong>and</strong> <strong>Western</strong> <strong>Asset</strong>Premier Bond Fund (2001-present).N/AN/ASusanne D. Wilson47100 Light Street Baltimore,MD 21202Vice PresidentServed since1998Vice President of Legg Mason & Co., LLC(2005-present); Vice President of LeggMason Wood Walker, Incorporated(1998-2005).N/AN/A46

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