Western Asset Intermediate Muni Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor LLC The fund is comanaged by Western Asset Management Company It invests in the fixed income markets of the United States The fund invests in securities that provide income exempt from federal income tax It invests primarily in investment grade municipal securities The fund employs intensive proprietary research to create its portfolio It benchmarks the performance of its portfolio against the Barclays Capital 115 Year Municipal Bond Index The fund was formerly known as Intermediate Muni Fund Inc Western Asset Intermediate Muni Fund Inc was formed on December 19 1991 and is domiciled in the United States