Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) Stock

About Western Asset Investment Grade Defined Opportunity Trust Inc.

The Western Asset Investment Grade Defined Opportunity Trust Inc. operates as a closed-end mutual fund concentrating on fixed income, initially established and overseen by Legg Mason Partners Fund Advisor, LLC. Its management is shared among several entities, including Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited. This U.S.-domiciled trust, formed on June 26, 2009, allocates its capital specifically within the fixed income markets of the United States. Its investment objective is to acquire securities from companies spanning a broad range of diversified sectors, with a primary focus on investment-grade corporate debt instruments possessing various maturity dates. All investment decisions are informed by the fund's proprietary in-house research. The trust is scheduled to liquidate on or around December 2, 2024.

Western Asset Investment Grade Defined Opportunity Trust Inc. is headquartered in US.

Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) stock trades at $16.09 with a market capitalization of $96.44M. The stock is valued at a price-to-earnings (P/E) ratio of 16.16, price-to-book of 0.91, price-to-sales of 23.31. Over the past 52 weeks the stock has ranged between $15.78 and $17.09, and currently trades 5.9% below its 52-week high. It pays a dividend yielding 5.28%.

On profitability, Western Asset Investment Grade Defined Opportunity Trust Inc. generates a return on equity (ROE) of 5.74%, return on capital employed of 5.65%, an operating margin of 145.00%, a net profit margin of 145.02%.

Official website: individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=IGI