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WIW Stock Summary
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WIW
In the News
'Soft Landing' Pivot Could Be Goldilocks For WIW
The Western Asset/Claymore Inflation-Linked Opportunities & Income Fund has performed poorly in 2023 as 'higher for longer' interest rates acted as a headwind. The Federal Reserve's shift to a 'soft landing' policy stance and potential rate cuts in 2024 may benefit long-duration bond funds like WIW. The key risk for WIW and bond investors is whether the Fed's declaration of victory over inflation is premature, potentially leading to a comeback of inflation in 2024.
WIW: Good For What It Does
Western Asset Infl-Linked Opps & Inc Fd is a fund that primarily invests in Treasury Inflation-Protected Securities. As of June 30, 2023, WIW's investment portfolio was heavily skewed towards inflation-linked securities, primarily TIPS. I think we are closer than ever to a credit event which would collapse inflation expectations to crash for a moment in time.
WIW: Beware A Higher For Longer Fed
WIW provides high current income from a leveraged portfolio of inflation-linked securities like TIPS. The WIW fund has a 7.9% forward yield.
CEF Weekly Review: Factors Behind Higher CEF Yields This Year
We review closed-end fund market valuation and performance through the first week of December and highlight recent market action. CEFs had a strong week, with all sectors seeing positive total NAV returns.
Quality Closed-End Fund Report, November 2022
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.
WIW: Inflation Hedge CEF, Fully Covered 6.9% Distribution Yield, 6.5% Discount To NAV
Inflation is high and rising. Inflation hedge funds perform particularly well during recessions.
The Month In Closed-End Funds: July 2021
The Month In Closed-End Funds: July 2021
The Month In Closed-End Funds: May 2021
For the seventh month in a row, equity closed-end funds (CEFs) on average posted positive returns, rising 1.90% on a NAV basis for May. While for the third month running fixed income CEFs posted plus-side returns (+0.86%).
WIW Financial details
WIW Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2023-11-30
Metric | History | 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 1.24 | 1.34 | 1.39 | -2.18 | 0.06 | |
Net income per share | 1.21 | 1.31 | 1.36 | -2.22 | 0.02 | |
Operating cash flow per share | 0.06 | -0.24 | 0.19 | 1.93 | 1 | |
Free cash flow per share | 0.06 | -0.24 | 0.19 | 1.93 | 1 | |
Cash per share | 0.43 | 0.49 | 0.22 | 0.11 | 0.32 | |
Book value per share | 12.68 | 13.65 | 14.59 | 10.98 | 9.92 | |
Tangible book value per share | 12.68 | 13.65 | 14.59 | 10.98 | 9.92 | |
Share holders equity per share | 12.68 | 13.65 | 14.59 | 10.98 | 9.92 | |
Interest debt per share | 11.82 | 12.89 | 13.1 | 12.75 | 12.56 | |
Market cap | 684.86M | 724.42M | 826.6M | 583.7M | 520.68M | |
Enterprise value | 1.04B | 1.11B | 1.23B | 968.63M | 892.83M | |
P/E ratio | 9.21 | 9.02 | 9.9 | -4.29 | 497.52 | |
Price to sales ratio | 9.01 | 8.81 | 9.69 | -4.38 | 136.07 | |
POCF ratio | 189.28 | -50.23 | 71.5 | 4.94 | 8.55 | |
PFCF ratio | 189.28 | -50.23 | 71.5 | 4.94 | 8.55 | |
P/B Ratio | 0.88 | 0.87 | 0.93 | 0.87 | 0.86 | |
PTB ratio | 0.88 | 0.87 | 0.93 | 0.87 | 0.86 | |
EV to sales | 13.73 | 13.53 | 14.38 | -7.26 | 233.33 | |
Enterprise value over EBITDA | 14.03 | 13.86 | 14.69 | -7.12 | 853.12 | |
EV to operating cash flow | 288.48 | -77.15 | 106.11 | 8.2 | 14.66 | |
EV to free cash flow | 288.48 | -77.15 | 106.11 | 8.2 | 14.66 | |
Earnings yield | 0.11 | 0.11 | 0.1 | -0.23 | 0 | |
Free cash flow yield | 0.01 | -0.02 | 0.01 | 0.2 | 0.12 | |
Debt to equity | 0.92 | 0.94 | 0.9 | 1.15 | 1.23 | |
Debt to assets | 0.62 | 0.63 | 0.61 | 0.73 | 0.76 | |
Net debt to EBITDA | 4.82 | 4.84 | 4.79 | -2.83 | 355.6 | |
Current ratio | 1.24 | 7.51 | 6.24 | 3.29 | 1.36 | |
Interest coverage | 8.66 | 18.1 | 378.06 | -29.34 | 0.05 | |
Income quality | 0.05 | -0.18 | 0.14 | -0.87 | 58.2 | |
Dividend Yield | 0.04 | 0.03 | 0.03 | 0.15 | 0.13 | |
Payout ratio | 0.36 | 0.31 | 0.31 | -0.62 | 63.14 | |
Sales general and administrative to revenue | 0.02 | 0.02 | 0.01 | -0.01 | 0.25 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
Graham number | 18.58 | 20.08 | 21.17 | 23.44 | 1.95 | |
ROIC | 0.05 | 0.05 | 0.05 | -0.09 | 0 | |
Return on tangible assets | 0.06 | 0.06 | 0.06 | -0.13 | 0 | |
Graham Net | -5.07 | -5.98 | -6.28 | -6.11 | -5.66 | |
Working capital | 4.58M | 8.49M | 4.56M | 6.59M | 1.81M | |
Tangible asset value | 779.52M | 835.21M | 892.83M | 671.94M | 606.91M | |
Net current asset value | -359.12M | -408.35M | -406.55M | -382.83M | -374.17M | |
Invested capital | 0.92 | 0.94 | 0.9 | 1.15 | 1.23 | |
Average receivables | 0 | 14.87M | 5.45M | 5.82M | 5.69M | |
Average payables | 0 | 10.29M | 1.09M | 1.87M | 3.94M | |
Average inventory | 0 | 45.25M | 28.48M | 17.21M | 18.69M | |
Days sales outstanding | 114.33 | 26.27 | 21.31 | -18.22 | 450.63 | |
Days payables outstanding | 1.44K | 92.73 | 58.61 | 209.11 | 413.84 | |
Days of inventory on hand | 4.07K | 2.55K | 1.42K | 971.76 | 1.99K | |
Receivables turnover | 3.19 | 13.89 | 17.13 | -20.03 | 0.81 | |
Payables turnover | 0.25 | 3.94 | 6.23 | 1.75 | 0.88 | |
Inventory turnover | 0.09 | 0.14 | 0.26 | 0.38 | 0.18 | |
ROE | 0.1 | 0.1 | 0.09 | -0.2 | 0 | |
Capex per share | 0 | 0 | 0 | 0 | 0 |
Quarterly Fundamentals Overview
Last date of statement is 2023-11-30 for Q4
Metric | History | 2022-11-30 | 2023-05-31 | 2023-11-30 |
---|---|---|---|---|
2.02K | 2.02K | 2.02K | ||
Revenue per share | -0.12 | 0.35 | 0.33 | |
Net income per share | -1.04 | 0.04 | -0.02 | |
Operating cash flow per share | -0.38 | 0.06 | 0.06 | |
Free cash flow per share | -0.38 | 0.06 | 0.06 | |
Cash per share | 0.11 | 0.14 | 0.32 | |
Book value per share | 10.98 | 10.42 | 9.92 | |
Tangible book value per share | 10.98 | 10.42 | 9.92 | |
Share holders equity per share | 10.98 | 10.42 | 9.92 | |
Interest debt per share | 12.74 | 12.64 | 12.41 | |
Market cap | 583.7M | 548.82M | 520.68M | |
Enterprise value | 968.63M | 929.03M | 892.83M | |
P/E ratio | -2.29 | 53.62 | -86.07 | |
Price to sales ratio | -78.94 | 25.41 | 26.15 | |
POCF ratio | -25.41 | 153.51 | 133.06 | |
PFCF ratio | -25.41 | 153.51 | 133.06 | |
P/B Ratio | 0.87 | 0.86 | 0.86 | |
PTB ratio | 0.87 | 0.86 | 0.86 | |
EV to sales | -131 | 43.02 | 44.83 | |
Enterprise value over EBITDA | -16.38 | 78.35 | 99.51 | |
EV to operating cash flow | -42.17 | 259.86 | 228.16 | |
EV to free cash flow | -42.17 | 259.86 | 228.16 | |
Earnings yield | -0.11 | 0 | 0 | |
Free cash flow yield | -0.04 | 0.01 | 0.01 | |
Debt to equity | 1.15 | 1.2 | 1.23 | |
Debt to assets | 0.73 | 0.74 | 0.76 | |
Net debt to EBITDA | -6.51 | 32.07 | 41.48 | |
Current ratio | 3.29 | 0.81 | 1.36 | |
Interest coverage | -15.83 | 1.27 | 0.85 | |
Income quality | 0.36 | 1.4 | -2.59 | |
Dividend Yield | 0.06 | 0.07 | 0.06 | |
Payout ratio | -0.51 | 14.37 | -19.38 | |
Sales general and administrative to revenue | 0 | 0 | 0 | |
Research and developement to revenue | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0 | |
Graham number | 16.04 | 3.13 | 2.35 | |
ROIC | -0.04 | 0.01 | 0.01 | |
Return on tangible assets | -0.06 | 0 | 0 | |
Graham Net | -6.11 | -6.12 | -5.66 | |
Working capital | 6.59M | -1.69M | 1.81M | |
Tangible asset value | 671.94M | 637.73M | 606.91M | |
Net current asset value | -382.83M | -386.67M | -374.17M | |
Invested capital | 1.15 | 1.2 | 1.23 | |
Average receivables | 0 | 5.91M | 4.94M | |
Average payables | 0 | 5.84M | 6.91M | |
Average inventory | 0 | 13.57M | 18.92M | |
Days sales outstanding | -81.07 | 21.51 | 21.35 | |
Days payables outstanding | 108.09 | 350.66 | 208.79 | |
Days of inventory on hand | 502.3 | 549.77 | 1K | |
Receivables turnover | -1.11 | 4.18 | 4.22 | |
Payables turnover | 0.83 | 0.26 | 0.43 | |
Inventory turnover | 0.18 | 0.16 | 0.09 | |
ROE | -0.09 | 0 | 0 | |
Capex per share | 0 | 0 | 0 |
WIW Frequently Asked Questions
What is Western Asset Inflation-Linked Opportunities & Income Fund stock symbol ?
Western Asset Inflation-Linked Opportunities & Income Fund is a US stock , located in Chicago of Il and trading under the symbol WIW
What is Western Asset Inflation-Linked Opportunities & Income Fund stock quote today ?
Western Asset Inflation-Linked Opportunities & Income Fund stock price is $8.63 today.
Is Western Asset Inflation-Linked Opportunities & Income Fund stock public?
Yes, Western Asset Inflation-Linked Opportunities & Income Fund is a publicly traded company.