WESTERN ASSET INFLATION-LINKED OPPORTUNITIES & INCOME FUND

WESTERN ASSET INFLATION-LINKED OPPORTUNITIES & INCOME FUND is a closed-ended fixed income mutual fund. The fund was launched on February 24, 2004, and is domiciled in the United States. It is managed by Guggenheim Funds Investment Advisors, LLC, with additional management provided by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte. Ltd. The fund's investment strategy focuses on fixed income markets globally. It primarily invests in investment grade inflation-linked securities. These securities have an average effective duration ranging between zero and 15 years. The fund measures its portfolio performance against two benchmarks: the Barclays U.S. Government Inflation-Linked 1-10 Year Index and the Barclays U.S. Government Inflation-Linked All Maturities Index.