Company: WIA
Filing Date: 2025-01-28
Form Type: N-CSR
Source: 0001133228-25-000566
Chunk: 35

Company: WESTERN ASSET INFLATION-LINKED INCOME FUND
Filing Date: 2025-01-28
Form: N-CSR
Chunk 35
---
    | $0.0500 |
| 2/21/2025   | 2/28/2025    | $0.0500 |

7. Share repurchase program On March 2, 2016, the Fund announced that the Fund’s Board of Trustees (the “Board”) had authorized the Fund to repurchase in the open market up to approximately 10% of the Fund’s outstanding common shares when the Fund’s shares are trading at a discount to net asset value. The Board has directed management of the Fund to repurchase the Fund’s common shares at such times and in such amounts as management reasonably believes may enhance shareholder value. The Fund is under no obligation to purchase shares at any specific discount levels or in any specific amounts. During the years ended November 30, 2024, and November 30, 2023, the Fund did not repurchase any shares. 8. Transactions with affiliated company As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for

Western Asset Inflation-Linked Income Fund 2024 Annual Report 45

Notes to consolidated financial statements (cont’d)

all or some portion of the year ended November 30, 2024. The following transactions were effected in such company for the year ended November 30, 2024.

|                                                                    | AffiliateValue atNovember 30,2023 |   Purchased |            |        Sold |            |
| Cost                                                               |                            Shares |    Proceeds |     Shares |             |            |
| Western AssetPremierInstitutionalGovernmentReserves, PremiumShares |                        $7,912,398 | $90,985,439 | 90,985,439 | $92,735,781 | 92,735,781 |

| (cont’d)                                                             | RealizedGain (Loss) | DividendIncome | Net Increase(Decrease) inUnrealizedAppreciation(Depreciation) | AffiliateValue atNovember 30,2024 |
| Western Asset PremierInstitutionalGovernment Reserves,Premium Shares | —                   |       $245,262 | —                                                             |                        $6,162,056 |

9. Income tax information and distributions to shareholders The tax character of distributions paid during the fiscal years ended November 30, was as follows:

|                          |