SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
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☐ | | Definitive Proxy Statement |
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☒ | | Definitive Additional Materials |
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☐ | | Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12 |
WESTERN ASSET INFLATION-LINKED
INCOME FUND
(Name of Registrant as Specified in Its Charter)
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| | July 7, 2020 |
Dear Shareholder,
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| | u | | Our records indicate you have not voted your shares | | |
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| | u | | Your vote is required to approve new management contracts1 | | |
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| | u | | Once your vote has been counted, you will no longer receive these mailings from the Fund | | |
The Western Asset Inflation-Linked Income Fund (the “Fund”) Special Meeting of Shareholders scheduled to be held on July 14, 2020 is quickly approaching. Vote today to enable the Fund to continue to operate and deliver uninterrupted value that you rely on.
Please Vote Today for the Fund that is Delivering Monthly Distributions to You
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Vote “FOR” the new agreements with the Fund’s investment manager and subadvisers that are building on the Fund’s proven track record of significant value creation, including: | | | | | | Delivering a 1-year average distribution2 of 3.78%, up from 3.72% as of the same period in 2019 |
Remember, failure to vote has the same effect as voting against the new agreements.
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Protect the Value of Your Investment — Vote the Proxy Card Today We urge you to follow the unanimous recommendation of the Fund’s Board of Trustees, as well as an external third party recommendation from one of the leading independent proxy advisory firms, Institutional Shareholder Services, to vote “FOR” the new agreements on the proxy card. Please vote today to continue to receive the returns and distribution payouts you rely on! | | |
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| | Your Vote is Important, No Matter How Many or How Few Shares You Own | | |
| | You can vote by internet, telephone or by signing and dating the proxy card and mailing it in the envelope provided. | | |
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| | If you have any questions about how to vote your shares or need additional assistance, please contact: | | |
| | Innisfree M&A Incorporated | | | | Shareholders Call Toll Free: (877) 800-5185 Banks and Brokers Call: (212) 750-5833 | | |
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Notes
| 1 | | The “change of control” resulting from the pending combination of Legg Mason Inc. (“Legg Mason”), the parent company of the Fund’s investment manager and subadvisers, and Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton, will cause your Fund’s management and subadvisory agreements to terminate. | |
| 2 | | Based on market price for the period ended April 30, 2020. | |
Forward Looking Statement
Past performance is no guarantee of future results. The information provided is not intended to be a forecast of future events, a guarantee of future results or investment advice.
All investments are subject to risk including the possible loss of principal. All benchmark performance reflects no deduction for fees, expenses or taxes. Please note that an investor cannot invest directly in a benchmark.