NYSE:PAI Western Asset Investment Grade Income Fund - PAI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Western Asset Investment Grade Income Fund Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $11.78 +0.14 (+1.20%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.64▼$11.7950-Day Range$11.64▼$12.6952-Week Range$10.74▼$13.75Volume15,457 shsAverage Volume21,691 shsMarket Capitalization$112.03 millionP/E RatioN/ADividend Yield4.75%Price TargetN/A ProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Western Asset Investment Grade Income FundWestern 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 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 PAI Stock News HeadlinesMarch 18, 2023 | americanbankingnews.comWestern Asset Investment Grade Income Fund Inc. (NYSE:PAI) to Issue $0.05 DividendFebruary 23, 2023 | seekingalpha.comPAI Western Asset Income FundMarch 25, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS 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.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 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.comPAI Weighs Sale of $2 Billion U.K Infrastructure Services Firm M GroupMarch 6, 2022 | investing.comWestern Asset Income Fund (PAI)November 17, 2021 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. Announces Financial Position as of September 30, 2021May 26, 2021 | finance.yahoo.comLegg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July, August, and September 2021May 24, 2021 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2021May 10, 2021 | lse.co.uk“Renewables have now reached a tipping point”May 2, 2021 | forbes.comFinding Mutual Funds That Beat The MarketApril 5, 2021 | fool.caTFSA Retirees: 3 TSX Stocks With Dividend Yields Up to 6%March 19, 2021 | msn.comAlto Ingredients Inc (ALTO) Q4 2020 Earnings Call TranscriptFebruary 10, 2021 | finance.yahoo.comHighway Holdings Reports Fiscal 2021 Third Quarter and Nine-Month ResultsDecember 29, 2020 | finance.yahoo.comA Look At The Intrinsic Value Of Highway Holdings Limited (NASDAQ:HIHO)November 20, 2020 | seekingalpha.comU.S. 2020 Election Investment Pulse: Why Fixed Income NowAugust 18, 2020 | finance.yahoo.comHighway Holdings Reports Fiscal 2020 Fourth Quarter and Year-End ResultsJuly 31, 2020 | finance.yahoo.comHighway Holdings Announces Delay in Reporting Fiscal 2020 Results Due to CoronavirusJune 15, 2020 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. Announces Shareholder Approval of New Management and Subadvisory ContractsMay 12, 2020 | www.fool.comWestern Asset Municipal Defined Opportunity TrustMay 6, 2020 | markets.businessinsider.comBarrick Makes Solid Start to YearApril 21, 2020 | seekingalpha.comLeaning Towards Credit Quality In CEFsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 PAI Company Calendar Ex-Dividend for 4/3 Dividend3/23/2023Today3/25/2023Dividend Payable4/03/2023Ex-Dividend for 5/1 Dividend4/20/2023Dividend Payable5/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Investment offices, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:PAI CUSIPN/A CIK75398 Webinstitutional.myleggmason.com PhoneN/AFaxN/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 Shares9,510,000Free Float9,416,000Market Cap$112.03 million OptionableNot Optionable Beta0.51 Key ExecutivesMr. Kenneth Donald Fuller (Age 65)Chief Exec. Officer, Pres and Director Key CompetitorsMFS High Income Municipal TrustNYSE:CXEHigh Income Securities FundNYSE:PCFNuveen Select Maturities Municipal FundNYSE:NIMThe Korea FundNYSE:KFMFS Government Markets Income TrustNYSE:MGFView All CompetitorsInstitutional OwnershipWhitener Capital Management Inc.Bought 5,000 shares on 3/1/2023Ownership: 0.284%Morgan StanleyBought 7,642 shares on 2/15/2023Ownership: 0.298%Cetera Advisor Networks LLCSold 1,770 shares on 2/14/2023Ownership: 0.135%Wells Fargo & Company MNSold 848 shares on 2/13/2023Ownership: 0.139%Bank of America Corp DESold 3,280 shares on 2/10/2023Ownership: 0.102%View All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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