Western Asset Inflation-Linked Income Fund (WIA) To Go Ex-Dividend on February 20th

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Thursday, November 20th. Investors of record on Friday, February 20th will be paid a dividend of 0.052 per share by the financial services provider on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Friday, February 20th.

Western Asset Inflation-Linked Income Fund Stock Up 0.1%

Shares of Western Asset Inflation-Linked Income Fund stock opened at $8.40 on Wednesday. The firm’s 50 day moving average price is $8.27 and its 200-day moving average price is $8.35. Western Asset Inflation-Linked Income Fund has a 52-week low of $8.02 and a 52-week high of $8.54.

Hedge Funds Weigh In On Western Asset Inflation-Linked Income Fund

Institutional investors have recently modified their holdings of the stock. Rock Point Advisors LLC increased its stake in shares of Western Asset Inflation-Linked Income Fund by 6.5% during the fourth quarter. Rock Point Advisors LLC now owns 58,968 shares of the financial services provider’s stock worth $488,000 after purchasing an additional 3,583 shares in the last quarter. Dakota Wealth Management grew its holdings in Western Asset Inflation-Linked Income Fund by 1.3% in the 4th quarter. Dakota Wealth Management now owns 102,793 shares of the financial services provider’s stock valued at $850,000 after buying an additional 1,350 shares in the last quarter. Alpine Global Management LLC acquired a new stake in Western Asset Inflation-Linked Income Fund during the third quarter worth about $458,000. Wakefield Asset Management LLLP raised 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 buying an additional 6,639 shares during the period. Finally, Fiera Capital Corp lifted its stake in shares of Western Asset Inflation-Linked Income Fund by 0.9% in 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 during 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.