SCHEDULE 13D
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| CUSIP Number(s): | 95766Q106 |
| 1 |
Name of reporting person
KARPUS MANAGEMENT, INC. | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
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| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
NEW YORK
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
9,052,796.97 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
38.82 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA |
Comment for Type of Reporting Person:
This Amendment No. 8 ("Amendment") amends and supplements the statement on Schedule 13D filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus"), on December 13, 2023, as amended by Amendment No. 1 filed on May 20, 2024, by Amendment No. 2 filed on September 18, 2024, by Amendment No. 3 filed on April 9, 2025, by Amendment No. 4 filed on January 7, 2026, by Amendment No. 5 filed on April 30, 2026, by Amendment No. 6 filed on June 11, 2026, and by Amendment No. 7 filed on October 1, 2026 (collectively, the "Original Schedule 13D" and, as amended by this Amendment, the "Schedule 13D"), relating to the shares of Common Stock of Western Asset Inflation-Linked Income Fund, ("Shares"), a Massachusetts corporation (the "Issuer"). Except as specifically provided herein, each Item of the Original Schedule 13D remains unchanged. Capitalized terms used but not otherwise defined herein have the meanings set forth in the Original Schedule 13D.
SCHEDULE 13D
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| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Shares |
| (b) | Name of Issuer:
Western Asset Inflation-Linked Income Fund |
| (c) | Address of Issuer's Principal Executive Offices:
One Madison Avenue, 17th Floor, New York,
NEW YORK
, 10010. |
| Item 3. | Source and Amount of Funds or Other Consideration |
Item 3 is hereby amended to read as follows:
Karpus an independent registered investment advisor, has accumulated 9,052,796.97 Shares on behalf of accounts managed by Karpus (the "Accounts") under limited powers of attorney. All funds that have been utilized in making such purchases for the Accounts (which are open market purchases unless otherwise noted) are from such Accounts.
The aggregate purchase price of the 9,052,796.97 Shares beneficially owned by Karpus is approximately $84,547,042.83, excluding brokerage commissions. The Shares purchased by Karpus with working capital (which may at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases except as otherwise noted herein. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | Item 5(a) is hereby amended to read as follows:
As of the close of business on October 29, 2026, Karpus beneficially owned an aggregate of 9,052,796.97 Shares held in the Accounts, which represents approximately 38.82% of the 23,322,256 Shares outstanding, which is the total number of Shares outstanding as of July 30, 2026 on Form N-CSR filed by the Issuer for the reporting period ending May 31, 2026. |
| (b) | Item 5(b) is hereby amended to read as follows:
Sole voting power and sole dispositive power: 9,052,796.97 |
| (c) | Item 5(c) is hereby amended to read as follows:
The transactions in the Shares by Karpus through the Accounts since the amended Schedule 13D filing on October 1, 2026 are set forth on Schedule B and incorporated herein for reference. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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(a)