Karpus Management Boosts Stake to 36.01% with Over $2M in Recent Purchases

summarizeSummary

Karpus Management, Inc., an investment advisor, has increased its beneficial ownership in Western Asset Inflation-Linked Income Fund to 36.01% through net purchases totaling over $2 million in the last 60 days.

check_boxKey Events

• Increased Beneficial Ownership

  Karpus Management, Inc. has increased its beneficial ownership in Western Asset Inflation-Linked Income Fund to 8,398,525.7 shares, representing 36.01% of the outstanding common shares.

• Significant Net Purchases

  Over the past 60 days, Karpus Management, Inc. made net purchases of 237,486 shares, totaling approximately $2.04 million.

• Trading Near 52-Week High

  The accumulation of shares by Karpus Management, Inc. occurred while the stock was trading near its 52-week high, indicating strong conviction at current price levels.

auto_awesomeAnalysis

This Schedule 13D/A filing indicates a significant increase in ownership by Karpus Management, Inc., an investment advisor. The firm executed net purchases of common stock valued at over $2 million in the past two months, raising its total stake to 36.01%. This substantial accumulation by a major institutional investor suggests strong conviction in the fund's value, especially as the stock is trading near its 52-week high. Investors should note the continued accumulation by this significant shareholder.