Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Free Report) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 4,338 shares, a decline of 67.8% from the April 15th total of 13,481 shares. Based on an average trading volume of 68,765 shares, the short-interest ratio is presently 0.1 days.
Western Asset Inflation-Linked Income Fund Stock Performance
NYSE WIA traded down $0.04 on Friday, hitting $8.14. 9,918 shares of the company’s stock traded hands, compared to its average volume of 47,097. Western Asset Inflation-Linked Income Fund has a 1-year low of $7.95 and a 1-year high of $8.54. The firm’s 50-day moving average price is $8.12 and its two-hundred day moving average price is $8.24.
Western Asset Inflation-Linked Income Fund Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.052 per share. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date is Thursday, May 21st.
Institutional Trading of Western Asset Inflation-Linked Income Fund
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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