Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
WESTERN ASSET INFLATION-LINKED INCOME FUND (WIA)
Sector: Financial Services; Industry: Asset Management

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. Ltd. It invests in fixed income markets across the globe. The fund primarily invests in investment-grade, inflation-linked securities such as U.S. TIPS, corporate bonds, and mortgage backed securities. The fund benchmarks the performance of its portfolio against the Barclays U.S. Government Inflation-Linked 1-10 Year Index and Barclays U.S. Government Inflation-Linked All Maturities Index.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2014-01-13 Fuller Kenneth Director Buy 332 $11.51 $3,821 No
2013-03-06 TOUPIN RONALD E JR Trustee Buy 100 $13.46 $1,346 No
2012-02-27 WALSH STEPHEN A CIO of Subadviser Sell 4,300 $12.89 $55,433 No
2012-02-24 WALSH STEPHEN A CIO of Subadviser Sell 3,000 $12.90 $38,690 No
2012-02-23 TOUPIN RONALD E JR Trustee Buy 100 $12.88 $1,288 No
2010-10-14 WALSH STEPHEN A CIO of Subadvisor Sell 5,000 $13.20 $66,016 No
2010-09-28 WALSH STEPHEN A CIO of Subadvisor Sell 1,100 $12.95 $14,245 No
2008-10-15 CASCADE INVESTMENT LLC 10%-Owner Buy 7,000 $9.96 $69,734 No
2008-10-14 CASCADE INVESTMENT LLC 10%-Owner Buy 11,000 $9.99 $109,910 No
2008-10-13 CASCADE INVESTMENT LLC 10%-Owner Buy 40,200 $9.62 $386,792 No
2008-10-10 CASCADE INVESTMENT LLC 10%-Owner Buy 42,000 $8.78 $368,579 No
2008-10-06 CASCADE INVESTMENT LLC 10%-Owner Buy 20,000 $10.23 $204,556 No
2008-10-03 CASCADE INVESTMENT LLC 10%-Owner Buy 35,000 $10.65 $372,606 No

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.