Launched following the completion of the merger with the
closed-end LMP Real Estate Income Fund, the open-end ClearBridge Real Estate Opportunities Fund is
managed by Legg Mason, with sub-advisory services provided by its
ClearBridge and Western Asset Management Company subsidiaries. The
fund will invest up to 80% of assets in the securities of real
estate entities, including investments in mortgage-backed
securities, mortgages, loans, collateralized debt obligations,
collateralized loan obligations and other asset-backed securities.
Up to 25% will be invested in non-real estate debt instruments,
including U.S. government bonds, preferred stock, convertible debt
and corporate bonds.
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