Western Asset Vrble Rate Strtgc Fnd Inc. (NYSE:GFY) Director Daniel P. Cronin sold 3,000 shares of the stock in a transaction on Friday, November 18th. The stock was sold at an average price of $15.56, for a total transaction of $46,680.00. Following the completion of the sale, the director now owns 7,831 shares in the company, valued at $121,850.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Western Asset Vrble Rate Strtgc Fnd Inc. (NYSE:GFY) traded up 0.32% during midday trading on Monday, reaching $15.60. 6,630 shares of the company’s stock traded hands. Western Asset Vrble Rate Strtgc Fnd Inc. has a 1-year low of $14.59 and a 1-year high of $16.39. The stock’s 50 day moving average price is $15.79 and its 200 day moving average price is $15.76.

Western Asset Vrble Rate Strtgc Fnd Company Profile

Western Asset Variable Rate Strategic Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to maintain a high level of current income. The Fund invests primarily in variable rate instruments of the United States and non-United States issuers, including the United States and non-United States investment grade and high-yield debt, senior loans, emerging market debt and derivatives related to these securities.

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