Western Asset Inflation-Linked Opportunities & Income Fund to Issue Monthly Dividend of $0.06 (NYSE:WIW)

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) announced a monthly dividend on Monday, February 23rd. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.0625 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, March 24th.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of Western Asset Inflation-Linked Opportunities & Income Fund stock opened at $8.61 on Tuesday. The stock’s 50-day simple moving average is $8.62 and its 200-day simple moving average is $8.78. Western Asset Inflation-Linked Opportunities & Income Fund has a 52 week low of $8.33 and a 52 week high of $9.03.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WIW. Comerica Bank grew its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% during the 4th quarter. Comerica Bank now owns 52,810 shares of the investment management company’s stock valued at $454,000 after buying an additional 2,563 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% during the second quarter. Cetera Investment Advisers now owns 57,614 shares of the investment management company’s stock worth $505,000 after acquiring an additional 2,804 shares during the last quarter. Uhlmann Price Securities LLC increased its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 9.6% in the 3rd quarter. Uhlmann Price Securities LLC now owns 35,285 shares of the investment management company’s stock valued at $314,000 after acquiring an additional 3,104 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 3.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 106,945 shares of the investment management company’s stock valued at $919,000 after acquiring an additional 3,512 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 6.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 56,494 shares of the investment management company’s stock worth $502,000 after purchasing an additional 3,629 shares in the last quarter.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.