Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Free Report) announced a monthly dividend on Thursday, May 21st. Shareholders of record on Friday, July 24th will be given 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 dividend yield of 7.7%. The ex-dividend date is Friday, July 24th.
Western Asset Inflation-Linked Income Fund Trading Down 0.9%
Shares of NYSE WIA traded down $0.07 during trading on Thursday, reaching $8.08. The company had a trading volume of 14,178 shares, compared to its average volume of 46,190. The company’s fifty day moving average price is $8.12 and its 200-day moving average price is $8.23. Western Asset Inflation-Linked Income Fund has a 12 month low of $7.95 and a 12 month high of $8.54.
Institutional Investors Weigh In On Western Asset Inflation-Linked Income Fund
A number of institutional investors have recently made changes to their positions in WIA. Uhlmann Price Securities LLC grew its position in shares of Western Asset Inflation-Linked Income Fund by 11.8% in the 3rd quarter. Uhlmann Price Securities LLC now owns 18,319 shares of the financial services provider’s stock valued at $154,000 after buying an additional 1,933 shares during the last quarter. Readystate Asset Management LP bought a new stake in shares of Western Asset Inflation-Linked Income Fund in the 3rd quarter valued at about $115,000. Fiera Capital Corp boosted its position in shares of Western Asset Inflation-Linked Income Fund by 0.9% during the 3rd quarter. Fiera Capital Corp now owns 238,114 shares of the financial services provider’s stock valued at $2,005,000 after purchasing an additional 2,175 shares in the last quarter. Private Advisor Group LLC bought a new stake in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter valued at about $476,000. Finally, Wakefield Asset Management LLLP boosted its position in shares of Western Asset Inflation-Linked Income Fund by 6.2% during the 3rd quarter. Wakefield Asset Management LLLP now owns 114,487 shares of the financial services provider’s stock valued at $964,000 after purchasing an additional 6,639 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.
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