Western Asset Inflation-Linked Income Fund has seen a notable increase in its ownership stakes as Karpus Management, Inc. reported an amendment to its Schedule 13D filing. The updated filing reveals that Karpus now holds approximately 38.82% of the fund's shares, amounting to over 9 million shares. This significant ownership stake is a clear indication of Karpus's ongoing investment strategy and may have implications for the fund's management and future operations.

Founded in Massachusetts, Western Asset Inflation-Linked Income Fund (Ticker: WIA) focuses on providing investors with income linked to inflation. The fund is listed on the New York Stock Exchange (NYSE) and operates under the entity type of 'other'. The recent filing, dated October 30, 2026, is part of a series of disclosures that Karpus Management has made regarding its ownership in the fund.

The latest Schedule 13D/A filing indicates that Karpus has accumulated a total of 9,052,796.97 shares, with an aggregate purchase price of approximately $84.5 million. Karpus Management, an independent registered investment advisor, has made these purchases on behalf of accounts managed by the firm, utilizing funds primarily from open market transactions.

As of October 29, 2026, Karpus's ownership represents a substantial portion of the total shares outstanding, which is reported to be 23,322,256 shares. This level of ownership gives Karpus significant voting and dispositive power over the shares it holds, potentially influencing decisions made by the fund's management.

Karpus Management's increased stake may affect various stakeholders, including existing shareholders and the fund's management team. The filing also includes details of transactions made by Karpus since the last amendment on October 1, 2026, outlining specific purchases and sales of shares.

Looking ahead, further updates from Karpus Management or the Western Asset Inflation-Linked Income Fund may provide additional insights into the implications of this increased ownership. The filing does not specify what actions may follow this amendment.