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The gold catalyst we’ve waited for (Ad)
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The gold catalyst we’ve waited for (Ad)
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Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
The gold catalyst we’ve waited for (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
The gold catalyst we’ve waited for (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
The gold catalyst we’ve waited for (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
The gold catalyst we’ve waited for (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
The gold catalyst we’ve waited for (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
The gold catalyst we’ve waited for (Ad)
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NYSE:PAI

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

$11.78
+0.14 (+1.20%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$11.64
▼
$11.79
50-Day Range
$11.64
▼
$12.69
52-Week Range
$10.74
▼
$13.75
Volume
15,457 shs
Average Volume
21,691 shs
Market Capitalization
$112.03 million
P/E Ratio
N/A
Dividend Yield
4.75%
Price Target
N/A

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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PAI Stock News Headlines

March 18, 2023 | americanbankingnews.com
Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) to Issue $0.05 Dividend
February 23, 2023 | seekingalpha.com
PAI Western Asset Income Fund
March 25, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
February 14, 2023 | finance.yahoo.com
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2023
November 29, 2022 | finance.yahoo.com
Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of September 30, 2022
November 12, 2022 | reuters.com
Western Asset Investment Grade Income Fund Inc
August 5, 2022 | seekingalpha.com
Western Asset Mortgage Capital Corp (WMC) CEO Bonnie Wongtrakool on Q2 2022 Results - Earnings Call Transcript
May 26, 2022 | finance.yahoo.com
Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2022
March 25, 2023 | Investor Place Media (Ad)
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
March 24, 2022 | ca.finance.yahoo.com
PAI Weighs Sale of $2 Billion U.K Infrastructure Services Firm M Group
March 6, 2022 | investing.com
Western Asset Income Fund (PAI)
November 17, 2021 | finance.yahoo.com
Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of September 30, 2021
May 26, 2021 | finance.yahoo.com
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July, August, and September 2021
May 24, 2021 | finance.yahoo.com
Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2021
May 10, 2021 | lse.co.uk
“Renewables have now reached a tipping point”
May 2, 2021 | forbes.com
Finding Mutual Funds That Beat The Market
April 5, 2021 | fool.ca
TFSA Retirees: 3 TSX Stocks With Dividend Yields Up to 6%
March 19, 2021 | msn.com
Alto Ingredients Inc (ALTO) Q4 2020 Earnings Call Transcript
February 10, 2021 | finance.yahoo.com
Highway Holdings Reports Fiscal 2021 Third Quarter and Nine-Month Results
December 29, 2020 | finance.yahoo.com
A Look At The Intrinsic Value Of Highway Holdings Limited (NASDAQ:HIHO)
November 20, 2020 | seekingalpha.com
U.S. 2020 Election Investment Pulse: Why Fixed Income Now
August 18, 2020 | finance.yahoo.com
Highway Holdings Reports Fiscal 2020 Fourth Quarter and Year-End Results
July 31, 2020 | finance.yahoo.com
Highway Holdings Announces Delay in Reporting Fiscal 2020 Results Due to Coronavirus
June 15, 2020 | finance.yahoo.com
Western Asset Investment Grade Income Fund Inc. Announces Shareholder Approval of New Management and Subadvisory Contracts
May 12, 2020 | www.fool.com
Western Asset Municipal Defined Opportunity Trust
May 6, 2020 | markets.businessinsider.com
Barrick Makes Solid Start to Year
April 21, 2020 | seekingalpha.com
Leaning Towards Credit Quality In CEFs
See More Headlines
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PAI Company Calendar

Ex-Dividend for 4/3 Dividend
3/23/2023
Today
3/25/2023
Dividend Payable
4/03/2023
Ex-Dividend for 5/1 Dividend
4/20/2023
Dividend Payable
5/01/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:PAI
CUSIP
N/A
CIK
75398
Web
institutional.myleggmason.com
Phone
N/A
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
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
9,510,000
Free Float
9,416,000
Market Cap
$112.03 million
Optionable
Not Optionable
Beta
0.51














PAI Stock - Frequently Asked Questions

How have PAI shares performed in 2023?

Western Asset Investment Grade Income Fund's stock was trading at $11.58 at the start of the year. Since then, PAI shares have increased by 1.7% and is now trading at $11.78.
View the best growth stocks for 2023 here.

Are investors shorting Western Asset Investment Grade Income Fund?

Western Asset Investment Grade Income Fund saw a drop in short interest in February. As of February 28th, there was short interest totaling 4,300 shares, a drop of 28.3% from the February 13th total of 6,000 shares. Based on an average trading volume of 15,300 shares, the short-interest ratio is currently 0.3 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 announced a dividend on Friday, March 17th. Shareholders of record on Friday, March 24th will be paid a dividend of $0.0465 per share on Monday, April 3rd. This represents a yield of 4.78%. The ex-dividend date is Thursday, March 23rd.
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 $0.56 per share and currently has a dividend yield of 4.77%. 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).

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 shareholders include Hennion & Walsh Asset Management Inc. (1.21%), Fiera Capital Corp (0.96%), Clifford Swan Investment Counsel LLC (0.74%), Allspring Global Investments Holdings LLC (0.31%), Morgan Stanley (0.30%) and Whitener Capital Management Inc. (0.28%).
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 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 $11.78.

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

Western Asset Investment Grade Income Fund (NYSE:PAI) has a market capitalization of $112.03 million.

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

The company employs 204,000 workers across the globe.

This page (NYSE:PAI) was last updated on 3/25/2023 by MarketBeat.com Staff