Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) will issue a monthly dividend of $0.06

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Western Asset Inflation Income and Opportunities Fund (NYSE: WIW – Get Rating) declared a monthly dividend on Friday, May 20, reports The Wall Street Journal. Shareholders of record on Friday, September 23 will receive a dividend of 0.055 per share from the investment management company on Friday, September 30. This represents a dividend of $0.66 on an annualized basis and a dividend yield of 6.27%. The ex-dividend date is Thursday, September 22.

The Western Asset Inflation-Linked Opportunities & Income Fund has increased its dividend payout by an average of 24.6% per year over the past three years.

Shares of WIW rose $0.03 midday Friday, hitting $10.52. 131,061 shares were traded, against an average volume of 146,289. The Western Asset Inflation-Linked Opportunities & Income Fund has a 1-year low of $10.47 and a 1-year high of $13.93. The company’s 50-day moving average is $11.41 and its two-hundred-day moving average is $12.42.

Separately, major shareholder Cascade Investment, LLC purchased 51,187 shares of the company in a transaction that took place on Wednesday, May 18. The shares were purchased at an average price of $10.58 per share, for a total transaction of $541,558.46. Following the purchase, the insider now directly owns 13,573,938 shares of the company, valued at approximately $143,612,264.04. The acquisition was disclosed in a filing with the Securities & Exchange Commission, accessible via this hyperlink.

Hedge funds and other institutional investors have recently increased or reduced their stakes in the company. Ancora Advisors LLC increased its holdings of Western Asset Inflation-Linked Opportunities & Income Fund shares by 103.1% during the 1st quarter. Ancora Advisors LLC now owns 3,700 shares of the investment management company valued at $45,000 after buying 1,878 additional shares during the period. Chicago Partners Investment Group LLC bought a new equity position in the Western Asset Inflation-Linked Opportunities & Income Fund during Q1, valued at $199,000. MML Investors Services LLC increased its holdings of Western Asset Inflation-Linked Opportunities & Income Fund shares by 3.2% during the 4th quarter. MML Investors Services LLC now owns 27,175 shares of the investment management company valued at $369,000 after purchasing an additional 831 shares during the period. PenderFund Capital Management Ltd. bought a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in Q1 for $1,018,000. Finally, Guggenheim Capital LLC increased its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 20.5% in the 1st quarter. Guggenheim Capital LLC now owns 87,660 shares of the investment management company worth $1,053,000 after purchasing an additional 14,926 shares last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile (Get an assessment)

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-end bond mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd. and Western Asset Management Company Pte.

See also

Dividend history for Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)



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