Shares of Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.59 and traded as low as $8.44. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.4650, with a volume of 218,185 shares trading hands.
Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance
The company’s 50 day moving average price is $8.51 and its 200-day moving average price is $8.58.
Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 8.9%.
Hedge Funds Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund
Western Asset Inflation-Linked Opportunities & Income Fund Company Profile
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.
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