NYSE:PAI Western Asset Investment Grade Income Fund (PAI) Stock Price, News & Analysis → The AI Defense Stock Set to Soar (From Behind the Markets) (Ad) Free PAI Stock Alerts $12.19 +0.07 (+0.58%) (As of 10:53 AM ET) Add Compare Share Share Today's Range$12.12▼$12.2250-Day Range$11.80▼$12.2452-Week Range$10.59▼$12.63Volume6,126 shsAverage Volume23,743 shsMarket Capitalization$114.42 millionP/E RatioN/ADividend Yield4.68%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsDividendFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Western Asset Investment Grade Income Fund alerts: Email Address Ad MarketBeatYour $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionStart Your Risk-Free Trial Here About Western Asset Investment Grade Income Fund Stock (NYSE:PAI)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.Read More PAI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PAI Stock News HeadlinesMarch 18, 2024 | americanbankingnews.comWestern Asset Investment Grade Income Fund Inc. (NYSE:PAI) to Issue Dividend Increase - $0.05 Per ShareMarch 18, 2024 | americanbankingnews.comWestern Asset Investment Grade Income Fund Inc. (NYSE:PAI) Raises Dividend to $0.05 Per ShareMarch 28, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 16, 2024 | msn.comFairtree is investment industry’s new top performerMarch 4, 2024 | tmcnet.comWestern Asset Diversified Income Fund (NYSE: WDI) Announces Portfolio Management Team UpdateMarch 4, 2024 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. (NYSE: PAI) Announces Portfolio Management Team UpdateFebruary 25, 2024 | benzinga.comWestern Asset Investment Stock (NYSE:PAI) Dividends: History, Yield and DatesFebruary 20, 2024 | businesswire.comFranklin Templeton Fund Adviser, LLC Announces Distributions for the Months of March, April and May 2024March 28, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.February 16, 2024 | seekingalpha.com5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)December 19, 2023 | msn.comWestern Asset Inv Grade Income Fund Inc goes ex-dividend tomorrowDecember 5, 2023 | msn.comWestern Asset Mortgage holders approve merger with AG Mortgage InvestmentNovember 28, 2023 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. Announces Financial Position as of September 30, 2023November 21, 2023 | finance.yahoo.comLegg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2023 and January and February 2024October 2, 2023 | msn.comPAI: Yield Is Too Low, Just Buy TreasuriesSeptember 10, 2023 | fool.comWestern Asset Investment Grade Income Fund (NYSE: PAI)June 3, 2023 | finance.yahoo.comPAI - Western Asset Investment Grade Income Fund Inc.May 22, 2023 | msn.comWestern Asset Inv Grade Income Fund Inc declares $0.0465 dividendMay 18, 2023 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2023February 23, 2023 | seekingalpha.comPAI Western Asset Income FundFebruary 14, 2023 | finance.yahoo.comLegg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2023November 29, 2022 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. Announces Financial Position as of September 30, 2022November 12, 2022 | reuters.comWestern Asset Investment Grade Income Fund IncAugust 5, 2022 | seekingalpha.comWestern Asset Mortgage Capital Corp (WMC) CEO Bonnie Wongtrakool on Q2 2022 Results - Earnings Call TranscriptMay 26, 2022 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2022March 24, 2022 | ca.finance.yahoo.comPAI Weighs Sale of $2 Billion U.K Infrastructure Services Firm M GroupMarch 6, 2022 | investing.comWestern Asset Income Fund (PAI)See More Headlines Receive PAI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Asset Investment Grade Income Fund and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today3/28/2024Ex-Dividend for 5/1 Dividend4/22/2024Ex-Dividend for 5/1 Dividend4/22/2024Dividend Payable5/01/2024Dividend Payable5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment offices, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:PAI CUSIPN/A CIK75398 Webinstitutional.myleggmason.com Phone626-844-9400FaxN/AEmployees204,000Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket Cap$114.42 million OptionableNot Optionable Beta0.50 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Kenneth Donald Fuller (Age 66)Chief Executive Officer, President and Director Key CompetitorsJohn Hancock Investors TrustNYSE:JHIMFS High Income Municipal TrustNYSE:CXENuveen Select Maturities Municipal FundNYSE:NIMEllsworth Growth and Income FundNYSE:ECFHigh Income Securities FundNYSE:PCFView All CompetitorsInstitutional OwnershipTortoise Investment Management LLCBought 9,848 shares on 2/29/2024Ownership: 0.320%Royal Bank of CanadaBought 20,275 shares on 2/14/2024Ownership: 0.241%1607 Capital Partners LLCBought 142,853 shares on 2/13/2024Ownership: 9.272%Stifel Financial CorpBought 1,460 shares on 2/12/2024Ownership: 0.265%UBS Group AGSold 9,519 shares on 2/9/2024Ownership: 0.243%View All Institutional Transactions PAI Stock Analysis - Frequently Asked Questions How have PAI shares performed in 2024? Western Asset Investment Grade Income Fund's stock was trading at $12.04 on January 1st, 2024. Since then, PAI stock has increased by 1.2% and is now trading at $12.19. View the best growth stocks for 2024 here. Are investors shorting Western Asset Investment Grade Income Fund? Western Asset Investment Grade Income Fund saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 3,300 shares, an increase of 94.1% from the February 29th total of 1,700 shares. Based on an average daily trading volume, of 24,700 shares, the short-interest ratio is currently 0.1 days. View Western Asset Investment Grade Income Fund's Short Interest. 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 declared a monthly dividend on Thursday, February 22nd. Stockholders of record on Thursday, May 23rd will be given a dividend of $0.049 per share on Monday, June 3rd. This represents a $0.59 annualized dividend and a yield of 4.82%. The ex-dividend date is Wednesday, May 22nd. Read our dividend analysis for PAI. Is Western Asset Investment Grade Income Fund a good dividend stock? Western Asset Investment Grade Income Fund (NYSE:PAI) pays an annual dividend of $0.57 per share and currently has a dividend yield of 4.73%. PAI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PAI. 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), GSK (GSK), International Business Machines (IBM), MetLife (MET), Altria Group (MO), Southern (SO) and Blackrock Resources & Commodities Strategy Trust (BCX). Who are Western Asset Investment Grade Income Fund's major shareholders? Western Asset Investment Grade Income Fund's stock is owned by a variety of institutional and retail investors. Top institutional investors include 1607 Capital Partners LLC (9.27%), Allspring Global Investments Holdings LLC (1.53%), SeaBridge Investment Advisors LLC (1.34%), Clifford Swan Investment Counsel LLC (0.63%), Tortoise Investment Management LLC (0.32%) and Meadow Creek Wealth Advisors LLC (0.31%). 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. Compare Top Brokerages Here. This page (NYSE:PAI) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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