UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
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[ ]Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
[ ]Definitive Proxy Statement
[X]Definitive Additional Materials
[ ] Soliciting Material Pursuant to §240.14a-12
LEGG MASON PARTNERS INSTITUTIONAL TRUST
(Name of Registrant(s) as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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[Email communication from Computershare Fund Services]
IMPORTANT - ACTION REQUIRED: Proxy Vote for Western Asset Institutional U.S. Treasury Reserves - please vote before September 25th
Dear Valued Shareholder:
You may recall we wrote to you recently concerning a proxy solicitation for the Western Asset Institutional U.S. Treasury Reserves money market mutual fund (the Fund). The Special Meeting (where proxy votes are counted) was adjourned to September 25th as insufficient votes were received for the fund to pass its legal quorum.
As we have not yet received your vote it would be extremely helpful if you could take action by voting FOR or AGAINST or ABSTAIN.
It is important that your firm votes, regardless of how you vote, as your vote will help the Fund achieve quorum.
By way of reminder, your firm held shares in the Fund through Silicon Valley Bank's Sweep Program as of the April 15, 2020 record date, and it is important that we ensure you have the opportunity to vote prior to the Special Meeting to be held on September 25, 2020.
How to Vote
In the current environment you may find it easiest to vote online.
Online voting is a convenient and a secure way to vote on the proposals. You may access your proxy card and vote your proxy by clicking on the link(s) provided below. The link will take you directly to the proxy voting site where you can submit your vote.
The control number and security code shown below will auto-populate when you click on the link(s) provided below.
Fund Name: Western Asset Institutional US Treasury Reserves
Control Number: 28099999004000
Security Code: 99999999
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Click Here to Vote |
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or,
Call a Live Agent who will take your vote on a recorded line.
1-888-916-1719
Reason for the Proxy Vote
On July 31, 2020, Legg Mason, Inc., the parent company of Legg Mason Partners Fund Advisor, LLC (the Fund's investment manager) and Western Asset Management Company, LLC (the Fund's subadviser) was acquired by Franklin Resources, Inc. Under federal law, this change in ownership requires shareholders of the Fund to approve new investment management and subadvisory agreements. Your vote is very important.
The Special Meeting of the Fund's shareholders will take place at 4:30 p.m., (Eastern Time), September 25, 2020.
If you have any questions about the proxy materials or the proposals, please call us at 1-888-916-1719. The Proxy Statement and other pertinent documents can be found at: https://www.proxy-direct.com/lmf-31280.
Sincerely,
Computershare Funds Services
Independent Tabulator for Western Asset Institutional U.S. Treasury Reserves