Western Asset Inflation-Linked Income Fund (WIA) to Distribute Monthly Dividend of $0.05 on July 31st

Western Asset Inflation-Linked Income Fund (NYSE:WIA) declared a monthly dividend on Thursday, May 21st. Investors of record on Friday, July 24th will be paid a dividend of 0.052 per share by the financial services provider on Friday, July 31st. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date is Friday, July 24th.

Western Asset Inflation-Linked Income Fund Trading Up 0.2%

WIA stock opened at $8.02 on Wednesday. Western Asset Inflation-Linked Income Fund has a 52-week low of $7.95 and a 52-week high of $8.54. The business has a 50-day simple moving average of $8.09 and a two-hundred day simple moving average of $8.16.

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.