Western Asset Inflation-Linked Income Fund Reports Earnings Results for the Half Year Ended May 31, 2021
July 28, 2021 at 06:12 am EDT
Share
Western Asset Inflation-Linked Income Fund announced earnings results for the half year ended May 31, 2021. For the half year, the company announced total revenue was USD 9.028 million. Net income was USD 20.361 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.