Cascade Investment Engages in Discussions with Western Asset Inflation
November 25, 2020 at 04:33 pm EST
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On November 25, 2020, Cascade Investment, L.L.C announced that it has engaged and expect in the future to engage in discussions with representatives of Western Asset Inflation-Linked Income Fund concerning its’ investment in the Company. Cascade Investment stated that it may also engage in discussions with representatives of the Company or other shareholders of the Company on matters of mutual interest, which may include discussions regarding the business and strategic direction of the Company and opportunities for the Company to enhance shareholder value.
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 
