Western Asset Inflation-Linked Income Fund (NYSE:WIA) Announces $0.05 Monthly Dividend

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Thursday, May 21st. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.052 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Tuesday, June 23rd.

Western Asset Inflation-Linked Income Fund Stock Down 0.9%

Shares of NYSE:WIA traded down $0.07 during midday trading on Thursday, hitting $8.08. The stock had a trading volume of 14,178 shares, compared to its average volume of 46,190. The stock has a 50 day moving average price of $8.12 and a two-hundred day moving average price of $8.23. Western Asset Inflation-Linked Income Fund has a 1 year low of $7.95 and a 1 year high of $8.54.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. &PARTNERS purchased a new stake in Western Asset Inflation-Linked Income Fund during the fourth quarter worth about $85,000. Readystate Asset Management LP purchased a new stake in Western Asset Inflation-Linked Income Fund during the third quarter worth about $115,000. Elevation Point Wealth Partners LLC purchased a new stake in Western Asset Inflation-Linked Income Fund during the third quarter worth about $138,000. Uhlmann Price Securities LLC boosted its holdings in Western Asset Inflation-Linked Income Fund by 11.8% during the third quarter. Uhlmann Price Securities LLC now owns 18,319 shares of the financial services provider’s stock worth $154,000 after buying an additional 1,933 shares in the last quarter. Finally, LPL Financial LLC raised its position in Western Asset Inflation-Linked Income Fund by 4.9% during the fourth quarter. LPL Financial LLC now owns 34,960 shares of the financial services provider’s stock worth $289,000 after acquiring an additional 1,631 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.