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        <name>JP Morgan Chase Commercial Mor</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>BAUSCH HEALTH AMERICAS</name>
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        <name>UNITED MEXICAN STATES</name>
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          <isin value="US91087BAF76"/>
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        <name>BROADCOM INC</name>
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        <name>GAZPROM (GAZ CAPITAL SA)</name>
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        <name>BONCER</name>
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        <name>ABU DHABI GOVT INT'L</name>
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        <title>Abu Dhabi Government International Bond</title>
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        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <name>MORGAN STANLEY &amp; COMPANY LLC</name>
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        <name>EOG RESOURCES INC</name>
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        <title>EOG Resources Inc</title>
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        <name>REPUBLIC OF INDONESIA</name>
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        <title>Indonesia Government International Bond</title>
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        <name>CREDIT SUISSE AG</name>
        <lei>ANGGYXNX0JLX3X63JN86</lei>
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        <name>MEX BONOS DESARR FIX RT</name>
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        <name>Fannie Mae - CAS</name>
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        <name>BUONI POLIENNALI DEL TES</name>
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        <name>BXMT Ltd</name>
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        <name>REPUBLIC OF INDONESIA</name>
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        <name>BHP BILLITON FIN USA LTD</name>
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        <title>BHP Billiton Finance USA Ltd</title>
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        <name>TSY INFL IX N/B</name>
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        <name>JP Morgan Chase Commercial Mor</name>
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        <name>BARCLAYS BANK PLC</name>
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        <name>EXXON MOBIL CORPORATION</name>
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        <title>Exxon Mobil Corp</title>
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        <name>STATE OF QATAR</name>
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        <title>Qatar Government International Bond</title>
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        <curCd>USD</curCd>
        <valUSD>4260194.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ILFC E-CAPITAL TRUST II</name>
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        <debtSec>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac - SCRT</name>
        <lei>N/A</lei>
        <title>Seasoned Credit Risk Transfer Trust Series 2017-2</title>
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          <isin value="US35563PBH10"/>
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        <balance>3690000.00000000</balance>
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        <curCd>USD</curCd>
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        <debtSec>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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          <ticker value="TUU0"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00R4ZBR33"/>
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        <curCd>USD</curCd>
        <valUSD>9864.13000000</valUSD>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US TREASURY N/B</issuerName>
                <issueTitle>United States Treasury Note/Bond</issueTitle>
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                  <cusip value="9128286Y1"/>
                  <isin value="US9128286Y11"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-09-30</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NOBLE ENERGY INC</name>
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          <isin value="US655044AN51"/>
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        <valUSD>2777420.40000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2020-NNN</title>
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          <isin value="US46652BAW90"/>
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        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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          <other otherDesc="INTERNAL" value="SW0WS035188"/>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>INTERCONTINENTAL EXCHANGE, INC.</counterpartyName>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-07-24</ncom:dateSigned>
      <ncom:nameOfApplicant>Western Asset Inflation-Linked Opportunities &amp; Income Fund</ncom:nameOfApplicant>
      <ncom:signature>Christopher Berarducci</ncom:signature>
      <ncom:signerName>Christopher Berarducci</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
