Tranche Update on Western Asset Inflation-Linked Income Fund's Equity Buyback Plan announced on November 25, 2020.
December 30, 2020 at 12:00 am EST
Share
From November 25, 2020 to December 28, 2020, the company has repurchased 20,871,974 shares. With this, the company has completed the repurchase of 20,871,974 shares under the buyback announced on November 25, 2020.
Western Asset Inflation-Linked Income Fund (the Fund) is a diversified closed-end management investment company. The Fundâs primary investment objective is to provide current income for its shareholders. The Fund seeks current income, with a secondary investment objective of capital appreciation. The Fund provides a leveraged portfolio investing at least 80% in inflation-linked securities, consisting primarily of United States Treasury Inflation Protected Securities (TIPS), with the ability to invest in other fixed-income assets, including high-yield, emerging markets, structured products, commodities, and currency. The Fund may also invest up to 40% of its total managed assets in non-United States dollar investments. The Fund can invest no more than 10% of its total managed assets in securities rated below investment grade at the time of purchase. The Fundâs investment adviser is Western Asset Management Company, LLC.
WESTERN ASSET INFLATION-LINKED INCOME FUND 
