SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)

Western Asset Inflation-Linked Income Fund

(Name of Issuer)

Common Shares

(Title of Class of Securities)

95766Q106

(CUSIP Number)

Jodi L. Hedberg, CCO
Karpus Management, Inc., 183 Sully's Trail
Pittsford, NY, 14534
585-586-4680

Adam W. Finerman, Esq.
BakerHostetler, 45 Rockfeller Plaza
New York, NY, 10111
212-589-4233

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

01/05/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox checked

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No.

95766Q106

Name of reporting person

KARPUS MANAGEMENT, INC.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 8,146,653.87
8	Shared Voting Power 0.00
9	Sole Dispositive Power 8,146,653.87
10	Shared Dispositive Power 0.00

Aggregate amount beneficially owned by each reporting person

8,146,653.87

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

34.93 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

This Amendment No. 4 ("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, and by Amendment No. 3 filed on April 9, 2025 (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

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 8,146,653.87 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 8,146,653.87 Shares beneficially owned by Karpus is approximately $77,696,709.73, 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 January 5, 2026, Karpus beneficially owned an aggregate of 8,146,653.87 Shares held in the Accounts, which represents approximately 34.93% of the 23,322,256 Shares outstanding, which is the total number of Shares outstanding as of July 29, 2025 on Form N-CSR filed by the Issuer for the reporting period ending May 31, 2025.

(b)

Item 5(b) is hereby amended to read as follows: Sole voting power and sole dispositive power: 8,146,653.87

(c)

Item 5(c) is hereby amended to read as follows: The transactions in the Shares by Karpus through the Accounts during the past sixty (60) days 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.

KARPUS MANAGEMENT, INC.

Signature:	/s/ Jodi L. Hedberg
Name/Title:	Jodi L. Hedberg / Chief Compliance Officer
Date:	01/07/2026

Amendment: SEC Form SCHEDULE 13D/A filed by Western Asset Inflation-Linked Income Fund