Western Asset Inflation-Linked Income Fund - Market Price (%)
Month End
As of 11/30/2025
Fixed Income
WIA Western Asset Inflation-Linked Income Fund
Popular Documents
Overview
Fund Facts
Fund description
Provides a leveraged portfolio investing at least 80% in inflation-linked securities, consisting primarily of U.S. 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. Seeks current income, with a secondary investment objective of capital appreciation. Emphasizes team management and extensive credit research expertise to identify attractively priced securities.
- Fund Inception Date
- 09/30/2003
- Total Net Assets
As of 12/31/2025 (Updated Monthly) - $212.36 Million
- Dividend Frequency, if any
- Monthly
- Morningstar Category
5 - Inflation-Protected Bond
- Asset Class
- Fixed Income
Identifiers
- Ticker
- WIA
- NAV Symbol
- XWIAX
- CUSIP Code
- 95766Q106
Average Annual Total Returns As of 11/30/2025
- 9.39%1 Year
- 7.34%3 Years
- 1.36%5 Years
- 4.63%10 Years
- 3.11%Since Inception
09/26/2003
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 12/31/2025 - Market Value % of Total (Updated Monthly)
Inflation-Linked83.14% | |
Emerging Market5.18% | |
Investment-Grade Credit4.50% | |
Non-Agency Mortgage Backed Securities3.18% | |
Commercial Mortgage Backed Securities2.26% |
Additional Fund Info
- Listing Exchange
- NYSE - XNYS
- Fiscal Year End
- November 30
- Benchmark
- Bloomberg U.S. Govt Inflation-Linked 1-10Yrs
- Additional Benchmark
- Bloomberg U.S. Govt Inflation-Linked All Maturities
- Lipper Classification
- N/A
- Investment Style
- Government
Trading Characteristics
- Shares Outstanding
- 23,322,256
- Daily Volume
- 9,108
Manager
About the Team
Western Asset
Western Asset Management is one of the world's leading global fixed income managers. Founded in 1971, the firm is known for team management and proprietary research, supported by robust risk management and a long-term fundamental value approach.
Commentary Highlights
September 30, 2025- Markets: During the third quarter, volatility in both equity and Treasury markets remained relatively subdued. Risk assets performed well, with the S&P 500 Index reaching new highs and credit spreads tightening. US job growth weakened in August, with nonfarm payrolls rising by 22,000 jobs—lower than July’s upwardly revised figure of 79,000 (from 73,000). The Federal Open Market Committee lowered its policy rate by 25 bps at its September meeting, setting the target range for the federal funds rate at 4.00% to 4.25%.
- Contributors : Rates positioning and corporate credit exposure were the most significant contributors.
- Detractors : There were no notable detractors during the quarter.
- Outlook : U.S. financial conditions are largely supportive, which, alongside fiscal loosening and solid household balance sheets, points toward a positive foundation for growth. Headwinds remain, including doubts over the state of the U.S. labor market, core inflation lingering close to 3% and the potential lagged impact of tariffs. This backdrop should keep the Federal Reserve on a rate-cutting path, albeit with a cautious view of the inflation outlook.
Latest Insights
January 6, 2026
December 15, 2025
October 30, 2025
October 30, 2025
Performance
Average Annual Total Returns
As of 11/30/2025
Selected Month November 2025
Western Asset Inflation-Linked Income Fund - NAV (%)
Month End
As of 11/30/2025
Bloomberg U.S. Govt Inflation-Linked 1-10Yrs (%)
Month End
As of 11/30/2025
Bloomberg U.S. Govt Inflation-Linked All Maturities (%)
Month End
As of 11/30/2025
Portfolio
Assets
As of11/30/2025 (Updated Monthly)
Positions
As of 11/30/2025 (Updated Monthly)
Number of Holdings
- Fund
- 134
Portfolio Statistics
As of 11/30/2025 (Updated Monthly)
Effective Duration
- Fund
- 7.14 Years
- Fund
- 4.33%
- Fund
- 8.17 Years
Sector Allocation
As of 12/31/2025 - Market Value % of Total (Updated Monthly)
| Sector | Fund |
|---|---|
Inflation-Linked | 83.14% |
Emerging Market | 5.18% |
Investment-Grade Credit | 4.50% |
Non-Agency Mortgage Backed Securities | 3.18% |
Commercial Mortgage Backed Securities | 2.26% |
High-Yield Credit | 0.53% |
Agency | 0.15% |
Treasury | 0.06% |
Agency Mortgage-Backed Securities | 0.04% |
Cash & Cash Equivalents | 0.97% |
Holdings
As of 11/30/2025 (Updated Monthly)
US INFLATION-LINKED TREASURY BOND 3.8750% Mat 04/15/2029
US INFLATION-LINKED TREASURY [ NOTE ] 0.1250% Mat 04/15/2027
US INFLATION-LINKED TREASURY BOND 2.5000% Mat 01/15/2029
UNITED STATES TREASURY INFLATI 0.1250% Mat 10/15/2026
UNITED STATES TREASURY INFLATI 1.1250% Mat 01/15/2033
U.S. Treasury Bonds 0.7500% Mat 02/15/2045
UNITED STATES TREASURY INFLATI 0.8750% Mat 01/15/2029
US INFLATION-LINKED TREASURY [ NOTE ] 1.7500% Mat 01/15/2034
US INFLATION-LINKED TREASURY BOND 2.0000% Mat 01/15/2026
UNITED STATES TREASURY INFLATI 2.1250% Mat 01/15/2035
Portfolio holdings are based on total portfolio, and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. Any negative allocations or allocations in excess of 100% are primarily due to unsettled trade activities.
Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance.
Distributions & Tax
Federal ID Number 26-0066992
For information on tax years prior to 2008, please contact us2025 tax information will be available in early February
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Data not currently available.
Pricing
Pricing History
As of 01/08/2026 (Updated Daily)
Daily Fund Prices
As of 01/08/2026
Share Prices
As of 01/08/2026
52-Week Range
- Highest NAV
- $9.35
- Lowest NAV
- $8.91
- Highest Market Price
- $8.51
- Lowest Market Price
- $7.95
Premium / Discount
As of 01/08/2026
- Avg. of Market Price vs. NAV at Close
- -9.66%
Press Releases
12/31/2025
11/28/2025
11/20/2025
10/31/2025
09/30/2025
09/11/2025
08/29/2025
07/31/2025
06/30/2025
05/30/2025
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Western Asset Inflation-Linked Income Fund | |||
| Product Commentary - Western Asset Inflation-Linked Income Fund | |||
| Closed-End Funds Product Guide |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Western Asset Inflation-Linked Income Fund | |||
| Semi-Annual Report - Western Asset Inflation-Linked Income Fund | |||
| Audit Committee Charter | |||
| Governance and Nominating Committee Charter | |||
| Audit Committee Charter | |||
| Audit Committee Charter | |||
| Governance and Nominating Committee Charter | |||
| Fiscal Q1 Holdings - Western Asset Inflation-Linked Income Fund | |||
| Fiscal Q3 Holdings - Western Asset Inflation-Linked Income Fund |
Risks
All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. The fund is subject to the additional risks associated with inflation-linked securities, including liquidity risk, prepayment risk, extension risk and deflation risk. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Currency management strategies could result in losses to the fund if currencies do not perform as expected. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. Commodity-related investments are subject to additional risks such as commodity index volatility, investor speculation, interest rates, weather, tax and regulatory developments. Asset-backed, mortgage-backed or mortgage-related securities are subject to prepayment and extension risks. Leverage increases the volatility of investment returns and subjects investments to magnified losses and a decline in value.
Important Information
The Closed-End Funds are not sold or distributed by Franklin Distributors, LLC. (FD, LLC) or any Franklin Templeton affiliated companies. Unlike open-end funds, shares are not continually offered. Like other public companies, closed-end funds have a one-time initial public offering, and once their shares are first issued, are generally bought and sold through non-affiliated broker/dealers and trade on nationally recognized stock exchanges. Share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of exchange-traded closed-end funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value. Investment return, market price and net asset value will fluctuate with changes in market conditions. The Funds are subject to investment risks, including the possible loss of principal invested.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
The Bloomberg U.S. Government Inflation-Linked All Maturities Index measures the performance of the U.S. TIPS market. The Index includes TIPS with one or more years remaining maturity with total outstanding issue size of $500 million or more.
Source: Bloomberg Indices.
The Bloomberg U.S. Government Inflation-Linked 1-10 Year Index measures the performance of the intermediate U.S. TIPS market.
Source: Bloomberg Indices.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.