NYSE:PAI Western Asset Investment Grade Income Fund (PAI) Stock Forecast, Price & News $11.57 -0.04 (-0.34%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$11.57▼$11.6550-Day Range$11.57▼$12.1752-Week Range$10.74▼$13.58Volume8,784 shsAverage Volume13,036 shsMarket Capitalization$110.03 millionP/E RatioN/ADividend Yield4.84%Price TargetN/A ProfileProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Western Asset Investment Grade Income Fund (NYSE:PAI) StockWestern 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 HeadlinesJune 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 dividendJune 10, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>May 22, 2023 | americanbankingnews.comWestern Asset Investment Grade Income Fund Inc. Declares Monthly Dividend of $0.05 (NYSE:PAI)May 21, 2023 | americanbankingnews.comWestern Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on October 2ndMay 20, 2023 | americanbankingnews.comWestern Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on June 1stMay 20, 2023 | americanbankingnews.comWestern Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on August 1stMay 18, 2023 | finance.yahoo.comWestern Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2023June 10, 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 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)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 ResultsJanuary 28, 2021 | apnews.comMVIS CryptoCompare Institutional Bitcoin Index Licensed to Ninepoint Partners LPDecember 29, 2020 | finance.yahoo.comA Look At The Intrinsic Value Of Highway Holdings Limited (NASDAQ:HIHO)See More Headlines PAI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PAI Company Calendar Ex-Dividend for 4/3 Dividend3/23/2023Dividend Payable4/03/2023Today6/09/2023Ex-Dividend for 8/1 Dividend7/21/2023Dividend Payable8/01/2023Fiscal 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$110.13 million OptionableNot Optionable Beta0.51 Key ExecutivesMr. Kenneth Donald Fuller (Age 65)Chief Exec. Officer, Pres and Director Key CompetitorsJohn Hancock Investors TrustNYSE:JHIMFS High Income Municipal TrustNYSE:CXEHigh Income Securities FundNYSE:PCFPCM FundNYSE:PCMNuveen Select Maturities Municipal FundNYSE:NIMView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Sold 3,889 shares on 5/22/2023Ownership: 0.394%Waverly Advisors LLCBought 29,760 shares on 5/16/2023Ownership: 0.313%UBS Group AGSold 3,471 shares on 5/12/2023Ownership: 0.279%Stifel Financial CorpBought 6,520 shares on 5/12/2023Ownership: 0.189%Guggenheim Capital LLCBought 6,987 shares on 5/11/2023Ownership: 0.721%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 beginning of the year. Since then, PAI stock has increased by 0.0% and is now trading at $11.58. 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 during the month of May. As of May 15th, there was short interest totaling 100 shares, a drop of 97.4% from the April 30th total of 3,800 shares. Based on an average trading volume of 15,000 shares, the short-interest ratio is presently 0.0 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 monthly dividend on Monday, May 22nd. Investors of record on Friday, September 22nd will be given a dividend of $0.0465 per share on Monday, October 2nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date is Thursday, September 21st. 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 4.81%. 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 a number of retail and institutional investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (1.29%), SeaBridge Investment Advisors LLC (1.20%), Fiera Capital Corp (0.94%), Guggenheim Capital LLC (0.72%), Clifford Swan Investment Counsel LLC (0.72%) and Allspring Global Investments Holdings LLC (0.53%). 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 $11.58. How much money does Western Asset Investment Grade Income Fund make? Western Asset Investment Grade Income Fund (NYSE:PAI) has a market capitalization of $110.13 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 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.