Western Asset Inflation-Linked Income Fund (WIA) to Issue Monthly Dividend of $0.05 on July 31st

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Thursday, May 21st. Shareholders of record on Friday, July 24th will be paid a dividend of 0.052 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Friday, July 24th.

Western Asset Inflation-Linked Income Fund Stock Up 0.2%

Shares of WIA opened at $8.08 on Friday. The stock’s 50 day moving average is $8.12 and its two-hundred day moving average is $8.23. Western Asset Inflation-Linked Income Fund has a twelve month low of $7.95 and a twelve month high of $8.54.

Institutional Investors Weigh In On Western Asset Inflation-Linked Income Fund

Several institutional investors have recently modified their holdings of WIA. &PARTNERS purchased a new stake in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter worth approximately $85,000. Readystate Asset Management LP purchased a new stake in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter worth approximately $115,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter worth approximately $138,000. Uhlmann Price Securities LLC boosted its stake in shares of Western Asset Inflation-Linked Income Fund by 11.8% during the 3rd quarter. Uhlmann Price Securities LLC now owns 18,319 shares of the financial services provider’s stock worth $154,000 after acquiring an additional 1,933 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Western Asset Inflation-Linked Income Fund by 4.9% during the 4th quarter. LPL Financial LLC now owns 34,960 shares of the financial services provider’s stock worth $289,000 after acquiring an additional 1,631 shares in the last quarter.

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.