Business Context and Reporting Period
This Form 8-K filing by Western Asset Inflation-Linked Income Fund (formerly Western Asset/Claymore Inflation-Linked Securities & Income Fund) reports a corporate event dated December 29, 2017. The Fund is incorporated in Massachusetts and maintains its principal executive offices in Pasadena, CA.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on an operational change regarding custodial services.
Material Changes
The Fund has entered into an agreement with The Bank of New York Mellon (BNY Mellon) to serve as its new custodian. The current custodian, State Street Bank and Trust, will continue to provide services until the transition is complete. The full transfer of custody functions is scheduled to occur during a transition period in 2018.
Outlook and Management Commentary
Management commentary is limited to the confirmation of the custodian change. There is no financial guidance, risk disclosure, or discussion of contingencies provided in this specific filing.
Investor Verification Checklist
- Confirm the exact date of the full transition from State Street Bank and Trust to BNY Mellon in 2018.
- Verify if the change in custodian impacts the Fund's operational costs or fee structure.
- Review subsequent filings for confirmation of the completed transfer.