Western Asset Investment Grade Income Fund Inc. (PAI) Stock

About Western Asset Investment Grade Income Fund Inc.

The Western Asset Investment Grade Income Fund Inc. (PAI) functions as a closed-end mutual fund, concentrating its investments in fixed-income securities. Its oversight is primarily provided by Western Asset Management Company, with Western Asset Management Company Limited acting as a co-manager. The fund strategically allocates capital mainly within the debt markets of the United States. Its holdings are predominantly composed of investment-grade debt, which includes government bonds, bank-issued obligations, commercial paper, and highly liquid assets like cash. To evaluate its effectiveness, the fund's performance is benchmarked against both the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index. This fund was founded in the U.S. on March 22, 1973.

Western Asset Investment Grade Income Fund Inc. is headquartered in US.

Western Asset Investment Grade Income Fund Inc. (PAI) stock trades at $11.99 with a market capitalization of $114.04M. The stock is valued at a price-to-earnings (P/E) ratio of 11.87, price-to-book of 0.91, price-to-sales of 20.92. Over the past 52 weeks the stock has ranged between $11.72 and $13.09, and currently trades 8.4% below its 52-week high. It pays a dividend yielding 5.25%.

On profitability, Western Asset Investment Grade Income Fund Inc. generates a return on equity (ROE) of 7.69%, return on capital employed of 5.95%, an operating margin of 137.65%, a net profit margin of 176.96%.

Official website: institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=PAI