Western Asset Inflation-Linked Opportunities & Income Fund (WIW) to Issue Monthly Dividend of $0.06 on August 31st

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) declared a monthly dividend on Thursday, May 21st. Investors of record on Monday, August 24th will be given a dividend of 0.0625 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

Shares of NYSE WIW opened at $8.35 on Friday. The stock has a fifty day simple moving average of $8.36 and a two-hundred day simple moving average of $8.48. Western Asset Inflation-Linked Opportunities & Income Fund has a 1-year low of $8.25 and a 1-year high of $9.03.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WIW. Saba Capital Management L.P. raised its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 324.6% in the 4th quarter. Saba Capital Management L.P. now owns 424,577 shares of the investment management company’s stock valued at $3,647,000 after acquiring an additional 324,577 shares during the period. Closed End Fund Advisors Inc. bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter worth about $1,189,000. GatePass Capital LLC bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the first quarter worth about $822,000. Private Advisor Group LLC increased its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 10.7% in the fourth quarter. Private Advisor Group LLC now owns 974,328 shares of the investment management company’s stock worth $8,369,000 after purchasing an additional 94,162 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 45.1% in the third quarter. First Trust Advisors LP now owns 294,885 shares of the investment management company’s stock worth $2,622,000 after purchasing an additional 91,709 shares in the last quarter.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.