WIW News and Press, Western Asset Inflation-Linked Opportunities & Income Fund From 09/15/20

By Darren Williams & Guy Bruten The COVID-19 pandemic has caused enormous dislocations in the world economy in a shockingly short time. The wave of policy support unleashed in response has stabilized activity, but it has also inflated an already sizable debt overhang. Governments now f...

Author’s note: This article was released to members of CEF/ETF Income Laboratory on August 3, 2020. Franklin Resources acquires Legg Mason CEFs Activists in certain Legg Mason (LM) funds continue to hold out. Remember, when Franklin Resources (BEN) acquired Legg Mason, sharehold...

ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM), ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO), ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR), BrandywineGLOBAL - Global Income Opportunities Fund Inc. (NYSE: BWG), LMP Capital an...

Among this week's highlights indicating emerging market focus on accessing long-term debt are a 30-year issue for the Emirate of Sharjah and plans by Brazilian petrochemical company Braskem (BAK) to raise hybrid debt, following recent perpetual sales by Emirates NBD, Banorte (GBOOF) and DP Wor...

The Funds announced that, based on certified voting results from the Funds’ Special Meeting of Shareholders (the “Special Meeting”), shareholders have voted to approve the new management agreement for each Fund’s adviser and the new subadvisory agreements for each ...

Yields dropped across most sovereign debt markets in June, amid continued central bank stimulus actions to address the economic fallout from COVID-19. Greece and Italy's 10-year government bonds saw by far the biggest moves during the month. Both countries are eligible for the European Central...

Western Asset Inflation-Linked Income Fund (NYSE: WIA) and Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW), and Western Asset Premier Bond Fund (NYSE: WEA) (Each a “Fund” and Together, the “Funds”) Announce Change of Location of Speci...

Fixed-Income Kryptonite "Faster than a speeding bullet. More powerful than a locomotive. Able to leap tall buildings in a single bound." And he can fly and shoot lasers from his eyes. Superman not only has the best superpowers, but he is also handsome, charming, and humble. Plus he dea...

The coronavirus pandemic has brought about a new investment landscape in which some companies and sectors have fared better than others. Significant market dislocations have also created potential opportunities in the higher quality areas of the credit spectrum. Global credit markets have re...

Macroeconomic Thesis One of the most commonly raised critiques of my recent article, " The Monetary Death Spiral Is Accelerating ," was that the massive fiscal and central bank spending measures being carried out by various agencies of the United States federal government right now have jus...