Western Asset Inflation-Linked Income Fund Announces Monthly Dividend of $0.05 (NYSE:WIA)

Western Asset Inflation-Linked Income Fund (NYSE:WIA) declared a monthly dividend on Thursday, May 21st. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.052 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Tuesday, June 23rd.

Western Asset Inflation-Linked Income Fund Trading Down 0.9%

Shares of NYSE WIA opened at $8.08 on Friday. Western Asset Inflation-Linked Income Fund has a 1-year low of $7.95 and a 1-year high of $8.54. The business’s 50 day moving average is $8.12 and its 200-day moving average is $8.23.

Hedge Funds Weigh In On Western Asset Inflation-Linked Income Fund

A number of large investors have recently made changes to their positions in WIA. Uhlmann Price Securities LLC increased its stake in shares of Western Asset Inflation-Linked Income Fund by 11.8% during the third quarter. Uhlmann Price Securities LLC now owns 18,319 shares of the financial services provider’s stock worth $154,000 after purchasing an additional 1,933 shares during the period. Readystate Asset Management LP bought a new position in shares of Western Asset Inflation-Linked Income Fund during the third quarter worth approximately $115,000. Fiera Capital Corp increased its stake in shares of Western Asset Inflation-Linked Income Fund by 0.9% during the third quarter. Fiera Capital Corp now owns 238,114 shares of the financial services provider’s stock worth $2,005,000 after purchasing an additional 2,175 shares during the period. Private Advisor Group LLC bought a new position in shares of Western Asset Inflation-Linked Income Fund during the third quarter worth approximately $476,000. Finally, Wakefield Asset Management LLLP increased its stake in shares of Western Asset Inflation-Linked Income Fund by 6.2% during the third quarter. Wakefield Asset Management LLLP now owns 114,487 shares of the financial services provider’s stock worth $964,000 after purchasing an additional 6,639 shares during the period.

About Western Asset Inflation-Linked Income Fund

Western Asset Inflation-Linked Income Fund (NYSE: WIA) is a closed-end management investment company that seeks to deliver a high level of current real income while preserving real capital. The fund strives to achieve its objective by investing primarily in inflation-linked debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, as well as inflation-linked bonds issued by supranational organizations and corporate issuers. By focusing on instruments that adjust principal and interest payments in line with inflation, WIA aims to protect investors’ purchasing power over time.

Since its initial public offering in December 2007, the fund has employed a flexible, research-driven approach to managing duration, sector allocation and credit exposure.