Beneficial Ownership Report · SCHEDULE 13D/A
Western Asset Inflation-Linked Income Fund
Beneficial Ownership Report
Structured filing — SCHEDULE 13D/A
primary_doc.xml
Amendment · This filing reports the amendment as submitted.
Subject company
- Company
- Western Asset Inflation-Linked Income Fund
- Company CIK
- 0001254370
- Street
- One Madison Avenue
- Street (continued)
- 17th Floor
- City
- New York
- State / country code
- NY
- Postal code
- 10010
Statement details
- Amendment number
- 7
- Security class
- Common Shares
- Event date
- 09/29/2026
- Previously filed indication
- true
Authorized notification person 1
- Name
- Jodi L. Hedberg, CCO
- Phone
- 585-586-4680
- Street
- Karpus Management, Inc.
- Street (continued)
- 183 Sully's Trail
- City
- Pittsford
- State / country code
- NY
- Postal code
- 14534
Authorized notification person 2
- Name
- Adam W. Finerman, Esq.
- Phone
- 212-589-4233
- Street
- BakerHostetler
- Street (continued)
- 45 Rockfeller Plaza
- City
- New York
- State / country code
- NY
- Postal code
- 10111
Reporting person 1
- Name
- KARPUS MANAGEMENT, INC.
- Reporting person CIK
- 0001048703
- No reporting person CIK indication
- N
- Citizenship / organization
- NY
- Reporting person type
- IA
- Source of funds code
- WC
- Legal proceedings indication
- N
- Aggregate amount owned
- 8,894,690.39
- Percent of class
- 38.14
- Sole voting power
- 8,894,690.39
- Shared voting power
- 0.00
- Sole dispositive power
- 8,894,690.39
- Shared dispositive power
- 0.00
- Aggregate excludes certain shares
- N
- Comments
- This Amendment No. 7 ("Amendment") amends and supplements the statement on Schedule 13D filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus"), on December 13, 2023, as amended by Amendment No. 1 filed on May 20, 2024, by Amendment No. 2 filed on September 18, 2024, by Amendment No. 3 filed on April 9, 2025, by Amendment No. 4 filed on January 7, 2026, by Amendment No. 5 filed on April 30, 2026, and by Amendment No. 6 filed on 6/11/2026 (collectively, the "Original Schedule 13D" and, as amended by this Amendment, the "Schedule 13D"), relating to the shares of Common Stock of Western Asset Inflation-Linked Income Fund, ("Shares"), a Massachusetts corporation (the "Issuer"). Except as specifically provided herein, each Item of the Original Schedule 13D remains unchanged. Capitalized terms used but not otherwise defined herein have the meanings set forth in the Original Schedule 13D.
Item 1
Issuer
Western Asset Inflation-Linked Income Fund
Security title
Common Shares
Principal address
Item 3
Source of funds
Item 3 is hereby amended to read as follows: Karpus an independent registered investment advisor, has accumulated 8,894,690.39 Shares on behalf of accounts managed by Karpus (the "Accounts") under limited powers of attorney. All funds that have been utilized in making such purchases for the Accounts (which are open market purchases unless otherwise noted) are from such Accounts. The aggregate purchase price of the 8,894,690.39 Shares beneficially owned by Karpus is approximately $83,374,236.69, excluding brokerage commissions. The Shares purchased by Karpus with working capital (which may at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases except as otherwise noted herein.
Item 5
Number of shares
Item 5(b) is hereby amended to read as follows: Sole voting power and sole dispositive power: 8,894,690.39
Transactions
Item 5(c) is hereby amended to read as follows: The transactions in the Shares by Karpus through the Accounts during the past sixty (60) days are set forth on Schedule B and incorporated herein for reference.
Percentage of class
Item 5(a) is hereby amended to read as follows: As of the close of business on September 29, 2026, Karpus beneficially owned an aggregate of 8,894,690.39 Shares held in the Accounts, which represents approximately 38.14% of the 23,322,256 Shares outstanding, which is the total number of Shares outstanding as of July 30, 2026 on Form N-CSR filed by the Issuer for the reporting period ending May 31, 2026.
Signature 1
- Reporting person
- KARPUS MANAGEMENT, INC.
- Signed
- /s/ Jodi L. Hedberg
- Title
- Jodi L. Hedberg / Chief Compliance Officer
- Date
- 10/01/2026
Filed exhibits
- SCHEDULE A AND SCHEDULE B ↗schedules.htm