WIA and WIW Announce Modifications to Regular Monthly Distributions for March, April and May 2011
March 01 2011 - 5:17PM
Business Wire
Western Asset/Claymore Inflation-Linked Securities & Income
Fund (NYSE: WIA) and Western Asset/Claymore Inflation-Linked
Opportunities & Income Fund (NYSE: WIW) today announce new
regular monthly dividend amounts to be paid in March, April and May
2011.
The new regular monthly dividend rate for WIA will be $0.032 per
share. This new monthly dividend represents a reduction of
approximately 8.6% from the prior monthly dividend. The new regular
monthly dividend rate for WIW will be $0.0335 per share. This new
monthly dividend represents a reduction of approximately 8.2% from
the prior monthly dividend.
Average Annual
Return (as of 1/31/11)
1-Year
3-Year 5-Year WIA Market Price 3.92%
5.67% 5.90% WIA NAV 4.18% 2.81%
4.29% WIW Market Price 8.37% 6.07% 6.65% WIW
NAV 4.56% 3.13% 4.73% Barclays U.S. Government
Inflation-Linked 1-10 Year Index 4.90% 4.00%
5.63%
The aforementioned returns assume reinvestment of dividends.
Performance data quoted represents past performance, which is no
guarantee of future results, and current performance may be lower
or higher than the figures shown. The investment return and
principal value of an investment will fluctuate with changes in
market conditions and other factors so that an investor's shares,
when sold, may be worth more or less than their original cost. All
returns for periods longer than one year are annualized. The
Barclays U.S. Government Inflation-Linked 1-10 Year Index measures
the performance of the intermediate U.S. TIPS market.
The March 2011 dividends will be paid on March 31, 2011 to
shareholders of record as of March 15, 2011 with an ex-dividend
date of March 11, 2011. The April 2011 dividends will be paid on
April 29, 2011 to shareholders of record as of April 15, 2011 with
an ex-dividend date of April 13, 2011. The May 2011 dividends will
be paid on May 31, 2011 to shareholders of record as of May 13,
2011 with an ex-dividend date of May 11, 2011. If it is determined
that a notification is required, pursuant to Section 19(a) of the
Investment Company Act of 1940, as amended, such notice will be
posted to the Funds’ website after the close of business three
business days prior to the payable date.
Western Asset Management Company, founded in 1971, is one of the
world’s premier fixed-income managers, with offices in Pasadena,
London and Singapore. Exclusively focused on fixed income, Western
Asset’s client base includes several of the largest companies in
the world as well as numerous public entities, healthcare
organizations, foundations and public pension plans. Western
Asset’s objective is to provide fixed-income clients with
value-oriented portfolios that are managed for the long term.
Western Asset believes significant inefficiencies exist in the
fixed income markets and by combining traditional analysis with
innovative technology, the firm attempts to add value by exploiting
these inefficiencies across eligible sectors. For the Fund, Western
Asset intends to employ proprietary risk management techniques that
were developed specifically to enhance other leveraged funds.
Guggenheim Funds Investment Advisors, LLC acts as the Investment
Adviser for WIW and Guggenheim Funds Distributors, Inc. acts as the
Servicing Agent for WIA. Guggenheim Funds Distributors, Inc. and
its affiliates (together, “Guggenheim Funds”) offers strategic
investment solutions for financial advisors and their valued
clients. As an innovator in exchange-traded funds (ETFs), unit
investment trusts (UITs) and closed-end funds (CEFs), Guggenheim
Funds often leads its peers with creative investment strategy
solutions. Guggenheim Funds and its affiliates provide supervision,
management or servicing of assets with a commitment to consistently
delivering exceptional service. Guggenheim Funds is a wholly-owned
subsidiary of Guggenheim Partners, a global, diversified financial
services firm with more than $100 billion in assets under
management and supervision. Guggenheim Partners, through its
affiliates, provides investment management, investment advisory,
insurance, investment banking, and capital markets services. The
firm is headquartered in Chicago and New York with a global network
of offices throughout the United States, Europe, and Asia.
This information does not represent an offer to sell securities
of the Fund and it is not soliciting an offer to buy securities of
the Fund. There can be no assurance that the Fund will achieve its
investment objectives. The net asset value of the Fund will
fluctuate with the value of the underlying securities. It is
important to note that closed-end funds trade on their market
value, not net asset value, and closed-end funds often trade at a
discount to their net asset value. Past performance is not
indicative of future performance. An investment in the Fund is
subject to certain risks and other considerations. Such risks and
considerations include, but are not limited to: Interest Rate Risk,
Risks Relating to U.S. TIPS, Risks Relating to Inflation-Linked
Securities, Credit Risk, Lower Grade Securities Risk, Leverage
Risk, Issuer Risk, Smaller Companies Risk, Country Risk, Emerging
Markets Risk, Mortgage-Related Securities Risk, Prepayment Risk,
Reinvestment Risk, Derivatives Risk, Inflation/Deflation Risk,
Turnover Risk, Management Risk and Market Disruption Risk.
Investors should consider the investment objectives and
policies, risk considerations, charges and expenses of the Fund
carefully before they invest. For this and more information, please
contact a securities representative or Guggenheim Funds
Distributors, Inc., 2455 Corporate West Drive, Lisle, Illinois
60532, 800-345-7999.
Member FINRA/SIPC (3/11)
NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY
LOSE VALUE
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