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Western Asset Investment Grade Income Fund Inc. (PAI)

$12.40

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Key data on PAI

AUM

$117935929

P/E ratio

--

Dividend yield

4.6896%

Expense ratio

0.73%

Beta

0.509322

Price on PAI

Previous close

$12.42

Today's open

$12.43

Day's range

$12.35 - $12.43

52 week range

$11.41 - $13.66

Profile about PAI

Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

PAI industries and sectors

Bonds

Domestic

News on PAI

Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of September 30, 2025

NEW YORK--(BUSINESS WIRE)--Category: Financials.

news source

Business Wire • Nov 24, 2025

news preview

Income-Covered Closed-End Fund Report, October 2025

This report screens ~400 closed-end funds for those with distribution coverage above 100%, aiming to identify lower-risk income opportunities for investors. Key metrics include premium/discount, z-score, leverage, baseline expense, and coverage. Top picks feature funds that offer high yields, deep discounts, and strong coverage, highlighting attractive value and income potential.

news source

Seeking Alpha • Oct 21, 2025

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Income-Covered Closed-End Fund Report, September 2025

This report screens ~400 closed-end funds (CEFs) for those with 100%+ net investment income coverage, highlighting lower risk of distribution cuts. Top lists identify CEFs with the widest discounts, most attractive z-scores, highest covered yields, and best combinations of value and income. Investors are encouraged to use these rankings as a starting point for due diligence, not as final buy or sell recommendations.

news source

Seeking Alpha • Sep 22, 2025

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Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of September, October and November 2025

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

news source

Business Wire • Sep 11, 2025

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Western Asset Investment Grade Income Fund Inc. (NYSE: PAI) Announces Portfolio Management Team Update

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

news source

Business Wire • Aug 19, 2025

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Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2025

NEW YORK--(BUSINESS WIRE)--Category: Financials.

news source

Business Wire • May 19, 2025

news preview

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of June, July and August 2025

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

news source

Business Wire • May 15, 2025

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PAI: Robust Corporate Bond CEF, But Spreads Are Too Low

Western Asset Inv Grade Income Fund is a closed-end fund focused on investment-grade corporate bonds, emphasizing high current income and capital appreciation. PAI's portfolio is heavily weighted towards BBB-rated bonds, which have low default rates but are vulnerable to downgrades in a risk-off environment. Historically, PAI has outperformed passive ETFs, but its current valuation is unattractive due to narrow credit spreads and a flat discount to NAV.

news source

Seeking Alpha • Jan 30, 2025

news preview

Western Asset Investment Grade Income Fund (NYSE: PAI) or (the “Fund”) Announces Portfolio Management Team Update

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

news source

Business Wire • Jan 3, 2025

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Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of December 2024, January and February 2025

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

news source

Business Wire • Nov 25, 2024

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¹ Disclosures

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