[SCHEDULE 13G/A] Western Asset Inflation-Linked Opportunities & Income Fund SEC Filing
On 06/30/2025, Morgan Stanley and its subsidiary Parametric Portfolio Associates LLC filed Amendment No. 2 to Schedule 13G for Western Asset Inflation-Linked Opportunities & Income Fund (WIW). The joint filers report beneficial ownership of 5,224,323 common shares, equal to 8.5 % of the fund鈥檚 outstanding shares. Both entities have 0 shares with sole voting or dispositive power; voting authority over 536,173 shares and dispositive authority over the full stake are held on a shared basis. Morgan Stanley is classified as a parent holding company (HC, CO) and Parametric as an investment adviser (IA, CO), indicating the position is distributed across client and affiliate accounts. The filing is made under Rule 13d-1(b), certifying that the stake is passive and not intended to influence control of the issuer.
Il 30/06/2025, Morgan Stanley e la sua controllata Parametric Portfolio Associates LLC hanno presentato la Modifica n. 2 al Schedule 13G per il Western Asset Inflation-Linked Opportunities & Income Fund (WIW). I soggetti congiunti dichiarano la propriet脿 effettiva di 5.224.323 azioni ordinarie, pari al 8,5% delle azioni in circolazione del fondo. Entrambe le entit脿 non detengono azioni con potere di voto o di disposizione esclusivo; l鈥檃utorit脿 di voto su 536.173 azioni e il potere di disposizione sull鈥檌ntera partecipazione sono esercitati su base condivisa. Morgan Stanley 猫 classificata come societ脿 madre (HC, CO) e Parametric come consulente d鈥檌nvestimento (IA, CO), indicando che la posizione 猫 distribuita tra conti clienti e affiliati. La comunicazione 猫 effettuata ai sensi della Regola 13d-1(b), certificando che la partecipazione 猫 passiva e non mira a influenzare il controllo dell鈥檈mittente.
El 30/06/2025, Morgan Stanley y su subsidiaria Parametric Portfolio Associates LLC presentaron la Enmienda n.潞 2 al Schedule 13G para el Western Asset Inflation-Linked Opportunities & Income Fund (WIW). Los declarantes conjuntos reportan la propiedad beneficiaria de 5.224.323 acciones comunes, equivalentes al 8,5 % de las acciones en circulaci贸n del fondo. Ambas entidades no poseen acciones con poder exclusivo de voto o disposici贸n; la autoridad de voto sobre 536.173 acciones y la autoridad dispositiva sobre toda la participaci贸n se mantienen de forma compartida. Morgan Stanley est谩 clasificada como compa帽铆a matriz (HC, CO) y Parametric como asesor de inversiones (IA, CO), lo que indica que la posici贸n est谩 distribuida entre cuentas de clientes y afiliados. La presentaci贸n se realiza bajo la Regla 13d-1(b), certificando que la participaci贸n es pasiva y no tiene la intenci贸n de influir en el control del emisor.
2025雲� 6鞗� 30鞚�, 氇贝 鞀ろ儬毽檧 攴� 鞛愴殞靷澑 Parametric Portfolio Associates LLC電� Western Asset Inflation-Linked Opportunities & Income Fund(WIW)鞐� 雽�頃� Schedule 13G 靾橃爼鞎� 2順鸽ゼ 鞝滌稖頄堨姷雼堧嫟. 瓿惦彊 鞝滌稖鞛愲姅 5,224,323欤� 氤错喌欤�鞚� 鞁れ 靻岇湢甓岇潉 氤搓碃頄堨溂氅�, 鞚措姅 韼�霌� 氚滍枆 欤检嫕鞚� 8.5%鞐� 頃措嫻頃╇媹雼�. 霊� 氩曥澑 氇憪 雼弲 鞚橁舶甓� 霕愲姅 觳橂秳甓岇澊 鞛堧姅 欤检嫕鞚� 0欤�鞚措┌, 536,173欤检棎 雽�頃� 鞚橁舶甓岅臣 鞝勳泊 歆�攵勳棎 雽�頃� 觳橂秳甓岇潃 瓿惦彊鞙茧 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 氇贝 鞀ろ儬毽姅 氇殞靷�(HC, CO)搿� 攵勲霅橂┌, Parametric鞚� 韴瀽 鞛愲靷�(IA, CO)搿� 攵勲霅橃柎 鞚� 歆�攵勳澊 瓿犼皾 氚� 瓿勳棿靷� 瓿勳鞐� 攵勳偘霅橃柎 鞛堨潓鞚� 雮橅儉雰呺媹雼�. 鞚� 鞝滌稖鞚� 攴滌箼 13d-1(b)鞐� 霐半澕 鞚措（鞏挫鞙茧┌, 歆�攵勳澊 靾橂彊鞝侅澊氅� 氚滍枆鞛� 韱奠牅鞐� 鞓來枼鞚� 氙胳箻霠る姅 鞚橂弰臧� 鞐嗢潓鞚� 鞚胳頃╇媹雼�.
Le 30/06/2025, Morgan Stanley et sa filiale Parametric Portfolio Associates LLC ont d茅pos茅 l'Amendement n掳 2 au Schedule 13G pour le Western Asset Inflation-Linked Opportunities & Income Fund (WIW). Les d茅posants conjoints d茅clarent une propri茅t茅 b茅n茅ficiaire de 5 224 323 actions ordinaires, repr茅sentant 8,5 % des actions en circulation du fonds. Les deux entit茅s ne d茅tiennent aucune action avec pouvoir exclusif de vote ou de disposition ; le pouvoir de vote sur 536 173 actions et le pouvoir de disposition sur l'int茅gralit茅 de la participation sont exerc茅s sur une base 辫补谤迟补驳茅别. Morgan Stanley est class茅e comme soci茅t茅 m猫re (HC, CO) et Parametric comme conseiller en investissement (IA, CO), indiquant que la position est r茅partie entre des comptes clients et affili茅s. Le d茅p么t est effectu茅 en vertu de la r猫gle 13d-1(b), certifiant que la participation est passive et n'a pas pour but d'influencer le contr么le de l'茅metteur.
Am 30.06.2025 reichten Morgan Stanley und seine Tochtergesellschaft Parametric Portfolio Associates LLC die 脛nderung Nr. 2 zum Schedule 13G f眉r den Western Asset Inflation-Linked Opportunities & Income Fund (WIW) ein. Die gemeinsamen Melder berichten 眉ber den wirtschaftlichen Eigentum an 5.224.323 Stammaktien, was 8,5 % der ausstehenden Fondsanteile entspricht. Beide Einheiten besitzen keine Aktien mit alleinigem Stimm- oder Verf眉gungsrecht; das Stimmrecht 眉ber 536.173 Aktien und das Verf眉gungsrecht 眉ber den gesamten Anteil werden gemeinsam ausge眉bt. Morgan Stanley wird als Muttergesellschaft (HC, CO) und Parametric als Anlageberater (IA, CO) klassifiziert, was darauf hinweist, dass die Position auf Kunden- und Tochterkonten verteilt ist. Die Meldung erfolgt gem盲脽 Regel 13d-1(b) und best盲tigt, dass die Beteiligung passiv ist und nicht darauf abzielt, die Kontrolle 眉ber den Emittenten zu beeinflussen.
- Institutional ownership rises to 8.5 %, signalling confidence from Morgan Stanley and improving WIW鈥檚 liquidity profile.
- Limited voting authority (0.8 % of shares) suggests the new holder is unlikely to advocate for management or policy changes, limiting potential upside from activism.
Insights
TL;DR 鈥� Passive 8.5 % stake by Morgan Stanley/Parametric; neutral governance impact.
The 13G shows a sizeable but passive holding. Morgan Stanley鈥檚 5.2 M-share position lifts institutional ownership, potentially enhancing WIW鈥檚 liquidity and market visibility. However, with no sole voting power and only 0.8 M shares subject to shared voting, influence on fund policy is minimal. Because the filing is under Rule 13d-1(b), no activist intentions are signalled. Overall valuation or distribution policy for WIW is unlikely to change on this disclosure alone.
TL;DR 鈥� Large adviser stake can support secondary-market demand; modestly positive.
Parametric鈥檚 involvement as an IA suggests the stake resides in systematic income portfolios, providing a stable shareholder base for WIW. For a leveraged inflation-linked bond fund, an 8.5 % holding by a well-capitalised broker-dealer group can improve trading depth and potentially narrow the fund鈥檚 market discount. Absence of control intent limits downside risk of disruptive governance moves. Impact is constructive but not transformative.
Il 30/06/2025, Morgan Stanley e la sua controllata Parametric Portfolio Associates LLC hanno presentato la Modifica n. 2 al Schedule 13G per il Western Asset Inflation-Linked Opportunities & Income Fund (WIW). I soggetti congiunti dichiarano la propriet脿 effettiva di 5.224.323 azioni ordinarie, pari al 8,5% delle azioni in circolazione del fondo. Entrambe le entit脿 non detengono azioni con potere di voto o di disposizione esclusivo; l鈥檃utorit脿 di voto su 536.173 azioni e il potere di disposizione sull鈥檌ntera partecipazione sono esercitati su base condivisa. Morgan Stanley 猫 classificata come societ脿 madre (HC, CO) e Parametric come consulente d鈥檌nvestimento (IA, CO), indicando che la posizione 猫 distribuita tra conti clienti e affiliati. La comunicazione 猫 effettuata ai sensi della Regola 13d-1(b), certificando che la partecipazione 猫 passiva e non mira a influenzare il controllo dell鈥檈mittente.
El 30/06/2025, Morgan Stanley y su subsidiaria Parametric Portfolio Associates LLC presentaron la Enmienda n.潞 2 al Schedule 13G para el Western Asset Inflation-Linked Opportunities & Income Fund (WIW). Los declarantes conjuntos reportan la propiedad beneficiaria de 5.224.323 acciones comunes, equivalentes al 8,5 % de las acciones en circulaci贸n del fondo. Ambas entidades no poseen acciones con poder exclusivo de voto o disposici贸n; la autoridad de voto sobre 536.173 acciones y la autoridad dispositiva sobre toda la participaci贸n se mantienen de forma compartida. Morgan Stanley est谩 clasificada como compa帽铆a matriz (HC, CO) y Parametric como asesor de inversiones (IA, CO), lo que indica que la posici贸n est谩 distribuida entre cuentas de clientes y afiliados. La presentaci贸n se realiza bajo la Regla 13d-1(b), certificando que la participaci贸n es pasiva y no tiene la intenci贸n de influir en el control del emisor.
2025雲� 6鞗� 30鞚�, 氇贝 鞀ろ儬毽檧 攴� 鞛愴殞靷澑 Parametric Portfolio Associates LLC電� Western Asset Inflation-Linked Opportunities & Income Fund(WIW)鞐� 雽�頃� Schedule 13G 靾橃爼鞎� 2順鸽ゼ 鞝滌稖頄堨姷雼堧嫟. 瓿惦彊 鞝滌稖鞛愲姅 5,224,323欤� 氤错喌欤�鞚� 鞁れ 靻岇湢甓岇潉 氤搓碃頄堨溂氅�, 鞚措姅 韼�霌� 氚滍枆 欤检嫕鞚� 8.5%鞐� 頃措嫻頃╇媹雼�. 霊� 氩曥澑 氇憪 雼弲 鞚橁舶甓� 霕愲姅 觳橂秳甓岇澊 鞛堧姅 欤检嫕鞚� 0欤�鞚措┌, 536,173欤检棎 雽�頃� 鞚橁舶甓岅臣 鞝勳泊 歆�攵勳棎 雽�頃� 觳橂秳甓岇潃 瓿惦彊鞙茧 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 氇贝 鞀ろ儬毽姅 氇殞靷�(HC, CO)搿� 攵勲霅橂┌, Parametric鞚� 韴瀽 鞛愲靷�(IA, CO)搿� 攵勲霅橃柎 鞚� 歆�攵勳澊 瓿犼皾 氚� 瓿勳棿靷� 瓿勳鞐� 攵勳偘霅橃柎 鞛堨潓鞚� 雮橅儉雰呺媹雼�. 鞚� 鞝滌稖鞚� 攴滌箼 13d-1(b)鞐� 霐半澕 鞚措（鞏挫鞙茧┌, 歆�攵勳澊 靾橂彊鞝侅澊氅� 氚滍枆鞛� 韱奠牅鞐� 鞓來枼鞚� 氙胳箻霠る姅 鞚橂弰臧� 鞐嗢潓鞚� 鞚胳頃╇媹雼�.
Le 30/06/2025, Morgan Stanley et sa filiale Parametric Portfolio Associates LLC ont d茅pos茅 l'Amendement n掳 2 au Schedule 13G pour le Western Asset Inflation-Linked Opportunities & Income Fund (WIW). Les d茅posants conjoints d茅clarent une propri茅t茅 b茅n茅ficiaire de 5 224 323 actions ordinaires, repr茅sentant 8,5 % des actions en circulation du fonds. Les deux entit茅s ne d茅tiennent aucune action avec pouvoir exclusif de vote ou de disposition ; le pouvoir de vote sur 536 173 actions et le pouvoir de disposition sur l'int茅gralit茅 de la participation sont exerc茅s sur une base 辫补谤迟补驳茅别. Morgan Stanley est class茅e comme soci茅t茅 m猫re (HC, CO) et Parametric comme conseiller en investissement (IA, CO), indiquant que la position est r茅partie entre des comptes clients et affili茅s. Le d茅p么t est effectu茅 en vertu de la r猫gle 13d-1(b), certifiant que la participation est passive et n'a pas pour but d'influencer le contr么le de l'茅metteur.
Am 30.06.2025 reichten Morgan Stanley und seine Tochtergesellschaft Parametric Portfolio Associates LLC die 脛nderung Nr. 2 zum Schedule 13G f眉r den Western Asset Inflation-Linked Opportunities & Income Fund (WIW) ein. Die gemeinsamen Melder berichten 眉ber den wirtschaftlichen Eigentum an 5.224.323 Stammaktien, was 8,5 % der ausstehenden Fondsanteile entspricht. Beide Einheiten besitzen keine Aktien mit alleinigem Stimm- oder Verf眉gungsrecht; das Stimmrecht 眉ber 536.173 Aktien und das Verf眉gungsrecht 眉ber den gesamten Anteil werden gemeinsam ausge眉bt. Morgan Stanley wird als Muttergesellschaft (HC, CO) und Parametric als Anlageberater (IA, CO) klassifiziert, was darauf hinweist, dass die Position auf Kunden- und Tochterkonten verteilt ist. Die Meldung erfolgt gem盲脽 Regel 13d-1(b) und best盲tigt, dass die Beteiligung passiv ist und nicht darauf abzielt, die Kontrolle 眉ber den Emittenten zu beeinflussen.
FAQ
How many WIW shares does Morgan Stanley now own?
Is Morgan Stanley鈥檚 stake in WIW activist or passive?
What voting power does Morgan Stanley have in WIW?
When was the reportable event for this WIW Schedule 13G/A?
Why is Parametric Portfolio Associates included in the WIW filing?
