Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Free Report) declared a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, January 23rd will be paid a dividend of 0.052 per share by the financial services provider on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Friday, January 23rd.
Western Asset Inflation-Linked Income Fund Price Performance
NYSE:WIA opened at $8.22 on Wednesday. Western Asset Inflation-Linked Income Fund has a one year low of $8.00 and a one year high of $8.54. The firm has a 50-day moving average of $8.28 and a 200-day moving average of $8.36.
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.
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