NYSE:PAI

Western Asset Investment Grade Income Fund Stock Forecast, Price & News

$16.62
+0.04 (+0.24 %)
(As of 09/22/2021 12:00 AM ET)
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Today's Range
$16.55
$16.70
50-Day Range
$15.47
$16.92
52-Week Range
$14.72
$16.95
Volume11,854 shs
Average Volume17,982 shs
Market Capitalization$158.04 million
P/E RatioN/A
Dividend Yield3.38%
Beta0.45
30 days | 90 days | 365 days | Advanced Chart
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About Western Asset Investment Grade Income Fund

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.

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MarketRank

Overall MarketRank

0.99 out of 5 stars

Finance Sector

1234th out of 1,332 stocks

Investment Offices, Not Elsewhere Classified Industry

127th out of 156 stocks

Analyst Opinion: 0.0Community Rank: 4.1Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
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Western Asset Investment Grade Income Fund (NYSE:PAI) Frequently Asked Questions

What stocks does MarketBeat like better than Western Asset Investment Grade Income Fund?

Wall Street analysts have given Western Asset Investment Grade Income Fund a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Western Asset Investment Grade Income Fund wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Western Asset Investment Grade Income Fund?

Western Asset Investment Grade Income Fund saw a drop in short interest in the month of August. As of August 13th, there was short interest totaling 7,600 shares, a drop of 18.3% from the July 29th total of 9,300 shares. Based on an average daily volume of 20,100 shares, the days-to-cover ratio is currently 0.4 days.
View Western Asset Investment Grade Income Fund's Short Interest
.

How has Western Asset Investment Grade Income Fund's stock price been impacted by Coronavirus (COVID-19)?

Western Asset Investment Grade Income Fund's stock was trading at $14.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PAI stock has increased by 17.4% and is now trading at $16.62.
View which stocks have been most impacted by COVID-19
.

How often does Western Asset Investment Grade Income Fund pay dividends? What is the dividend yield for Western Asset Investment Grade Income Fund?

Western Asset Investment Grade Income Fund announced a monthly dividend on Friday, May 28th. Shareholders of record on Thursday, September 23rd will be paid a dividend of $0.0465 per share on Friday, October 1st. This represents a $0.56 annualized dividend and a yield of 3.36%. The ex-dividend date is Wednesday, September 22nd.
View Western Asset Investment Grade Income Fund's dividend history
.

Is Western Asset Investment Grade Income Fund a good dividend stock?

Western Asset Investment Grade Income Fund pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.38%.
View Western Asset Investment Grade Income Fund's dividend history.

Who are Western Asset Investment Grade Income Fund's key executives?

Western Asset Investment Grade Income Fund's management team includes the following people:
  • Mr. Kenneth Donald Fuller, Chief Exec. Officer, Pres and Director (Age 63)

Who are some of Western Asset Investment Grade Income Fund's key competitors?

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

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

What is Western Asset Investment Grade Income Fund's stock symbol?

Western Asset Investment Grade Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAI."

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

Western Asset Investment Grade Income Fund's stock is owned by many different institutional and retail investors. Top institutional investors include Lido Advisors LLC (0.66%), Fiera Capital Corp (0.56%), Shaker Financial Services LLC (0.45%), Granite Investment Partners LLC (0.37%), Morgan Stanley (0.27%) and Morgan Stanley (0.27%).
View institutional ownership trends for Western Asset Investment Grade Income Fund
.

Which major investors are selling Western Asset Investment Grade Income Fund stock?

PAI stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Granite Investment Partners LLC, Wells Fargo & Company MN, and Bank of America Corp DE.
View insider buying and selling activity for Western Asset Investment Grade Income Fund
or view top insider-selling stocks.

Which major investors are buying Western Asset Investment Grade Income Fund stock?

PAI stock was acquired by a variety of institutional investors in the last quarter, including Foresight Wealth Management LLC, LPL Financial LLC, Fiera Capital Corp, Lido Advisors LLC, Kovack Advisors Inc., Shaker Financial Services LLC, Morgan Stanley, and Morgan Stanley.
View insider buying and selling activity for Western Asset Investment Grade Income Fund
or or view top insider-buying stocks.

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

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

What is Western Asset Investment Grade Income Fund's stock price today?

One share of PAI stock can currently be purchased for approximately $16.62.

How much money does Western Asset Investment Grade Income Fund make?

Western Asset Investment Grade Income Fund has a market capitalization of $158.04 million.

How many employees does Western Asset Investment Grade Income Fund have?

Western Asset Investment Grade Income Fund employs 204,000 workers across the globe.

What is Western Asset Investment Grade Income Fund's official website?

The official website for Western Asset Investment Grade Income Fund is institutional.myleggmason.com.


This page was last updated on 9/23/2021 by MarketBeat.com Staff
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