WIW News and Press, Western Asset Inflation-Linked Opportunities & Income Fund From 07/15/21

June numbers show continued strength, which will likely continue into the second half of 2021. Long-term rates were mostly muted but with a flatter curve, implying that investors are pulling forward the timing of Federal Reserve's asset-purchase tapering and rates lift-off. June's...

Risk-adjusted performance for the Global Market Index (GMI) continued to push higher in June, based on the annualized Sharpe ratio for a rolling ten-year window via monthly data. GMI’s 10-year SR increased to 0.84, the highest in 18 months. GMI is an unmanaged, market-value...

The expected risk premium for the Global Market Index (GMI) resumed an upward drift in June, rising to an annualized 6.0%. The current risk premium forecast for GMI - 6.0% - suggests that multi-asset-class strategies will generate lower returns relative to results posted in recent yea...

MSCI US REIT Index rallied 2.7% in June, which marks an impressive run of eight consecutive monthly increases. The Russell 3000 Index jumped 2.5% in June, the fifth straight monthly advance. Comparing GMI to US stocks and bonds shows that global asset allocation remains competitiv...

With the economic recovery undeniably ramping up, we ask managers for their thoughts on valuations in the markets. While lockdowns were protracted affairs for so many of us, the economic recovery has been astoundingly rapid in many parts of the world. Regardless of the shift in to...

Certainly a case can be made that some of the recent price movement has been related to declining real long term yields. Rent/price yields are not uniform across cities. They decrease systematically where rents are high. In the mid-20th century, housing yields remained stable beca...

Fast-rising inflation could have major economic consequences with implications that reach far beyond the checkout aisle. The best-known measure of inflation, the Consumer Price Index [CPI], rose 5% in May 2021 compared with the same month last year — the biggest annual rise sin...

Shares of Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) traded today at $13.22, eclipsing its 52-week high. So far today approximately 125,000 shares have been exchanged, as compared to an average 30-day volume of 114,000 shares. Western Asset Inflation-Linked...

Stocks eked out some small gains this week bringing the S&P 500 within a half a percent of the all-time high hit on May 7th. Discounts climbed back to their tightest levels of the last 8 years with munis starting to catch up to taxables. The spreads between the two are down to 1.4...

For the seventh month in a row, equity closed-end funds (CEFs) on average posted positive returns, rising 1.90% on a NAV basis for May. While for the third month running fixed income CEFs posted plus-side returns (+0.86%). Thirty percent of all CEFs traded at a premium to their NA...