Western Asset Inflation-Linked Income Fund Reports Earnings Results for the Full Year Ended November 30, 2021
January 27, 2022 at 03:18 pm EST
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Western Asset Inflation-Linked Income Fund reported earnings results for the full year ended November 30, 2021. For the full year, the company reported revenue was USD 23.29 million. Net income was USD 32.24 million.
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.