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0001145549-20-014645.txt : 20200312 0001145549-20-014645.hdr.sgml : 20200312 20200312103747 ACCESSION NUMBER: 0001145549-20-014645 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200312 DATE AS OF CHANGE: 20200312 EFFECTIVENESS DATE: 20200312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Clarion Partners Real Estate Income Fund Inc. CENTRAL INDEX KEY: 0001762562 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-23408 FILM NUMBER: 20707529 BUSINESS ADDRESS: STREET 1: 620 8TH AVENUE STREET 2: 49TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 8887770102 MAIL ADDRESS: STREET 1: 620 8TH AVENUE STREET 2: 49TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0001762562 XXXXXXXX false false false N-2 Clarion Partners Real Estate Income Fund Inc. 811-23408 0001762562 549300HQZ8T32H6E5695 620 Eighth Avenue 49th Floor New York 10018 US-NY US 1-888-777-0102 The Bank of New York Mellon 240 Greenwich Street New York 10286 1-212-495-1784 Records related to its function as custodian. Legg Mason Partners Fund Advisor, LLC 620 Eighth Avenue 47th Floor New York 10018 1-305-529-4400 Records related to its function as advisor. Western Asset Management Company, LLC 620 Eighth Avenue 50th Floor New York 10018 1-212-601-6000 Records related to its function as securities sub-advisor. DST ASSET MANAGER SOLUTIONS, INC. 2000 Crown Colony Drive Quincy 02169 1-617-483-5000 Records related to its function as transfer agent. Clarion Partners, LLC 230 Park Avenue New York 10169 1-212-883-2500 Records related to its function as investment sub-advisor. Clarion Partners Real Estate Income Fund Inc. 49th Floor 620 Eighth Avenue New York 10018 1-888-777-0102 Records related to its function as registrant. Y N N-2 Y Carol L. Colman N/A N Paolo M. Cucchi N/A N Robert D. Agdern N/A N William R. Hutchinson N/A N Nisha Kumar N/A N Daniel P. Cronin N/A N Eileen A. Kamerick N/A N Jane Trust N/A Y Todd F. Kuehl N/A 620 Eighth Avenue 49th Floor New York 10018 XXXXXX N N N N N Legg Mason Investor Services, LLC 008-53089 000109064 N/A Y Y PricewaterhouseCoopers LLP 238 5493002GVO7EO8RNNS37 N N N N N N Clarion Partners Real Estate Income Fund Inc. 549300HQZ8T32H6E5695 Y 0 0 0 N/A Y N N N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Legg Mason Partners Fund Advisor, LLC 801-66785 000140432 549300POFVK5JLWUL193 2019-09-27 Clarion Partners, LLC 801-16611 000108803 N/A Y Western Asset Management Company, LLC 801-08162 000110441 549300C5A561UXUICN46 Y DST Asset Manager Solutions, Inc. 084-00896 N/A N N Y ICE Data Pricing & Reference Data, LLC 5493000NQ9LYLDBCTL34 N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N IHS MARKIT GROUP HOLDINGS LIMITED 2138005LTLTVZ4WMEX25 GB N Bloomberg L.P. 549300B56MD0ZC402L06 N Refinitiv US LLC 213800HQORQAP68CJJ04 N Bank of America Merill Lynch PriceServe N/A N Refinitiv Benchmark Services Limited N/A N THE CLEARING HOUSE PAYMENTS COMPANY L.L.C. 549300KIB86ZLHRUV723 N Virtu Financial, Inc. 5493001OPW2K42CH3884 N CHATHAM FINANCIAL CORP. C0RSCWKHGZ7ZKJEHR196 N Situs RERC N/A N Y The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) Y DST ASSET MANAGER SOLUTIONS, INC. N/A N N Y Legg Mason Partners Fund Advisor, LLC 549300POFVK5JLWUL193 Y N Y Legg Mason Investors Services, LLC 008-53089 000109064 N/A 0.000000000000 Clarion Partners Securities, LLC 008-69204 000166384 N/A 0.000000000000 EnTrustPermal Securities LLC 008-67822 000146443 N/A 0.000000000000 PERMAL (HONG KONG) LIMITED N/A N/A N/A HK 0.000000000000 ROYCE FUND SERVICES, LLC 008-28663 000014470 N/A 0.000000000000 0.000000000000 Goldman Sachs & Co. LLC 008-00129 000000361 FOR8UP27PHTHYVLBNG30 996620.530000000000 CANTOR FITZGERALD & CO. 008-00201 000000134 5493004J7H4GCPG6OB62 385875.000000000000 J.P. Morgan Securities LLC 008-35008 000000079 ZBUT11V806EZRVTWT807 18799750.000000000000 WELLS FARGO SECURITIES, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 400375.000000000000 NOMURA SECURITIES INTERNATIONAL, INC. 008-15255 000004297 OXTKY6Q8X53C9ILVV871 394743.750000000000 CREDIT SUISSE SECURITIES (USA) LLC 008-00422 000000816 1V8Y6QCX6YMJ2OELII46 1000000.000000000000 CitiGroup Global Markets Inc. 008-08177 000007059 MBNUM2BPBDO7JBLYG310 400000.000000000000 BARCLAYS CAPITAL, INC. 008-41342 000019714 AC28XWWI3WIBK2824319 368634.770000000000 22745999.050000000000 N 20877724.000000000000 0.000000000000 Common stock Class I Shares Common stock Class T Shares Common stock Class D Shares Common stock Class S Shares N N N N N N 1.250000000000 2.570000000000 N/A 9.990000000000 true INTERNAL CONTROL RPT 2 internalcontrolrpt_cpreifi.htm HTML

Report of Independent Registered Public Accounting Firm

To the Board of Directors and Shareholders of Clarion Partners Real Estate Income Fund Inc.

In planning and performing our audit of the financial statements of Clarion Partners Real Estate Income Fund Inc. (the “Fund”) as of and for the period September 29, 2019 (inception date) through December 31, 2019, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Fund’s internal control over financial reporting.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of December 31, 2019.

PricewaterhouseCoopers LLP, 100 East Pratt Street, Suite 2600, Baltimore, MD 21202-1096

T: (410) 783 7600, F: (410) 783 7680, www.pwc.com/us

This report is intended solely for the information and use of the Board of Directors of Clarion Partners Real Estate Income Fund Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ PricewaterhouseCoopers LLP

Baltimore, Maryland

February 26, 2020