Business Description
Launched in 2003 and based in the United States, this closed-end fund was created by Guggenheim Partners and is managed by Western Asset Management across several of its global offices. The fund invests worldwide in fixed income assets, focusing primarily on inflation-protected securities, corporate bonds, and mortgage-backed securities with strong credit ratings. It targets a portfolio duration of up to 15 years and measures its results against two Barclays inflation-linked government bond indexes.