Western Asset Inflation-Linked Income Fund - WIA Stock Forecast, Price & News

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. Ltd. It invests in fixed income markets across the globe. The fund primarily invests in investment-grade, inflation-linked securities such as U.S. TIPS, corporate bonds, and mortgage backed securities. It seeks to maintain an average portfolio duration of between zero to 15 years. The fund benchmarks the performance of its portfolio against the Barclays U.S. Government Inflation-Linked 1-10 Year Index and Barclays U.S. Government Inflation-Linked All Maturities Index. Western Asset/Claymore Inflation-Linked Securities & Income Fund was formed on September 25, 2003 and is domiciled in the United States.

Western Asset Inflation-Linked Income Fund Stock Down 1.3 %

NYSE:WIA traded down $0.14 during trading on Wednesday, reaching $10.46. 157 shares of the stock traded hands, compared to its average volume of 48,150. The stock's 50-day moving average price is $10.21 and its 200 day moving average price is $10.97. Western Asset Inflation-Linked Income Fund has a fifty-two week low of $9.64 and a fifty-two week high of $14.78.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 30th. Investors of record on Tuesday, November 22nd will be issued a dividend of $0.045 per share. This represents a $0.54 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date is Monday, November 21st.

Insider Activity at Western Asset Inflation-Linked Income Fund

In other news, Director Michael Larson acquired 5,000 shares of the firm's stock in a transaction that occurred on Friday, July 15th. The stock was purchased at an average price of $9.78 per share, for a total transaction of $48,900.00. Following the completion of the acquisition, the director now owns 8,268 shares in the company, valued at $80,861.04. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Michael Larson purchased 5,000 shares of Western Asset Inflation-Linked Income Fund stock in a transaction dated Friday, July 15th. The stock was bought at an average price of $9.78 per share, for a total transaction of $48,900.00. Following the completion of the acquisition, the director now directly owns 8,268 shares of the company's stock, valued at $80,861.04. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. purchased 50,497 shares of Western Asset Inflation-Linked Income Fund stock in a transaction dated Wednesday, May 25th. The stock was bought at an average price of $10.57 per share, with a total value of $533,753.29. Following the acquisition, the insider now directly owns 5,195,082 shares of the company's stock, valued at $54,912,016.74. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 96,231 shares of company stock worth $1,000,145.