Western Asset Inflation-Linked Income Fund

Frequently Asked Questions About WIA

What does WIA invest in?

The Western Asset/Claymore Inflation-Linked Securities & Income Fund operates as a specialized closed-end investment vehicle concentrating on fixed income. Established by Guggenheim Partners, LLC, its oversight is a collaborative effort among several Western Asset Management entities: Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte. Ltd. This fund strategically invests in debt markets across the globe, primarily targeting investment-grade, inflation-protected securities such as U.S. Treasury Inflation-Protected Securities (TIPS), corporate bonds, and mortgage-backed securities. It aims to maintain an average portfolio maturity within a range of zero to 15 years. The fund measures its performance against the Barclays U.S. Government Inflation-Linked 1-10 Year Index and the Barclays U.S. Government Inflation-Linked All Maturities Index. Founded on September 25, 2003, the fund is domiciled in the United States.

What is the expense ratio of WIA?

Western Asset Inflation-Linked Income Fund (WIA) charges an expense ratio of 2.91%. This is the annual fee deducted from fund assets to cover management and operations.

What is WIA's dividend yield?

WIA's trailing-twelve-month yield is 8.18%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of WIA?

Effective duration measures WIA's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. WIA's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of WIA?

WIA's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of WIA?

Yield to maturity (YTM) is the total return you'd earn from WIA if every bond in the portfolio is held to maturity at the current price. WIA's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.