Western Asset Investment Grade Income Fund (PAI) Stock Price, News & Analysis

Company Overview

Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index. Western Asset Income Fund was formed on March 22, 1973 and is domiciled in the United States.

Key Stats

• Today's Range: $12.27 to $12.40
• 50-Day Range: $11.82 to $12.95
• 52-Week Range: $11.41 to $13.18
• Volume: 11,023 shs
• Average Volume: 16,313 shs
• Market Capitalization: $117.37 million
• P/E Ratio: N/A
• Dividend Yield: 4.54%
• Price Target: N/A
• Consensus Rating: N/A

PAI Stock Analysis - Frequently Asked Questions

How have PAI shares performed this year?

Western Asset Investment Grade Income Fund's stock was trading at $12.51 at the start of the year. Since then, PAI shares have decreased by 1.4% and is now trading at $12.34.
View the best growth stocks for 2025 here.

Who are Western Asset Investment Grade Income Fund's major shareholders?

Top institutional shareholders of Western Asset Investment Grade Income Fund include 1607 Capital Partners LLC (7.01%), Hennion & Walsh Asset Management Inc. (2.69%), SeaBridge Investment Advisors LLC (2.68%) and Clifford Swan Investment Counsel LLC (0.43%).
View institutional ownership trends.

How do I buy shares of Western Asset Investment Grade Income Fund?

Shares of PAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Western Asset Investment Grade Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Asset Investment Grade Income Fund investors own include AT&T (T), Enterprise Products Partners (EPD), International Business Machines (IBM), MetLife (MET), Altria Group (MO), AbbVie (ABBV) and Dominion Energy (D).

Company Calendar

• Ex-Dividend for 4/1 Dividend: 3/24/2025
• Record date for 4/1 Dividend: 3/25/2025
• Dividend Payable: 4/01/2025
• Record date for 5/1 Dividend: 4/23/2025
• Ex-Dividend for 5/1 Dividend: 4/23/2025
• Dividend Payable: 5/01/2025
• Today: 5/27/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment offices, not elsewhere classified
• Sub-Industry: Financial Services
• Current Symbol: NYSE:PAI
• CIK: 75398
• Web: institutional.myleggmason.com
• Phone: 626-844-9400
• Fax: N/A
• Employees: 204,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $4.03 million
• Price / Sales: 29.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 9,511,000
• Free Float: 9,416,000
• Market Cap: $117.14 million
• Optionable: Not Optionable
• Beta: 0.51