Western Asset Inflation-Linked Income Fund (WIA) to Issue Monthly Dividend of $0.05 on September 29th

Western Asset Inflation-Linked Income Fund (NYSE:WIA) announced a monthly dividend on Wednesday, May 17th, Wall Street Journal reports. Investors of record on Friday, September 22nd will be given a dividend of 0.05 per share by the financial services provider on Friday, September 29th. This represents a $0.60 annualized dividend and a yield of 7.39%. The ex-dividend date of this dividend is Thursday, September 21st.

Western Asset Inflation-Linked Income Fund Stock Up 0.2 %

Shares of NYSE:WIA opened at $8.12 on Tuesday. Western Asset Inflation-Linked Income Fund has a one year low of $8.09 and a one year high of $9.97. The company has a 50-day simple moving average of $8.29 and a 200-day simple moving average of $8.45.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter worth $117,000. Susquehanna International Group LLP purchased a new position in Western Asset Inflation-Linked Income Fund in the 4th quarter valued at approximately $157,000. Guggenheim Capital LLC raised its holdings in Western Asset Inflation-Linked Income Fund by 6.3% during the first quarter. Guggenheim Capital LLC now owns 19,171 shares of the financial services provider’s stock worth $224,000 after purchasing an additional 1,139 shares during the last quarter. PenderFund Capital Management Ltd. purchased a new stake in Western Asset Inflation-Linked Income Fund during the first quarter worth $301,000. Finally, Advisor Group Holdings Inc. grew its holdings in Western Asset Inflation-Linked Income Fund by 38.8% in the fourth quarter. Advisor Group Holdings Inc. now owns 21,064 shares of the financial services provider’s stock valued at $180,000 after purchasing an additional 5,892 shares during the last quarter.

About Western Asset Inflation-Linked Income Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.