NYSE:PAI

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

$11.66

+0.06 (+0.52%)

(As of 04:00 PM ET)

Compare

Today's Range: $11.60
▼
$11.69
50-Day Range: $11.57
▼
$12.17
52-Week Range: $10.74
▼
$13.58

Volume: 9,763 shs
Average Volume: 14,071 shs
Market Capitalization: $110.89 million

P/E Ratio: N/A
Dividend Yield: 4.80%
Price Target: N/A

About Western Asset Investment Grade Income Fund (NYSE:PAI) Stock

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

May 22, 2023 | msn.com

Western Asset Inv Grade Income Fund Inc declares $0.0465 dividend

May 22, 2023 | americanbankingnews.com

Western Asset Investment Grade Income Fund Inc. Declares Monthly Dividend of $0.05 (NYSE:PAI)

May 31, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

May 21, 2023 | americanbankingnews.com

Western Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on October 2nd

May 20, 2023 | americanbankingnews.com

Western Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on June 1st

May 20, 2023 | americanbankingnews.com

Western Asset Investment Grade Income Fund Inc. (PAI) to Issue Monthly Dividend of $0.05 on August 1st

May 18, 2023 | finance.yahoo.com

Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2023

February 23, 2023 | seekingalpha.com

PAI Western Asset Income Fund

May 31, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

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 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

January 28, 2021 | apnews.com

MVIS CryptoCompare Institutional Bitcoin Index Licensed to Ninepoint Partners LP

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

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30 days | 90 days | 365 days | Advanced Chart

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PAI Company Calendar

Ex-Dividend for 4/3 Dividend: 3/23/2023
Dividend Payable: 4/03/2023
Ex-Dividend for 6/1 Dividend: 5/22/2023
Today: 5/31/2023
Dividend Payable: 6/01/2023
Fiscal Year End: 12/31/2023

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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: $110.60 million
Optionable: Not Optionable
Beta: 0.50

Key Executives

Mr. Kenneth Donald Fuller (Age 65)
Chief Exec. Officer, Pres and Director

Key Competitors

View All Competitors

Institutional Ownership

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 0.4% and is now trading at $11.63.
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 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. Stockholders of record on Friday, September 22nd will be paid a dividend of $0.0465 per share on Monday, October 2nd. This represents a $0.56 annualized dividend and a dividend yield of 4.80%. The ex-dividend date of this dividend 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 4.79%. 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 variety of institutional and retail 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 $11.63.
How much money does Western Asset Investment Grade Income Fund make?: Western Asset Investment Grade Income Fund (NYSE:PAI) has a market capitalization of $110.60 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 5/31/2023 by MarketBeat.com Staff

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