PAI vs. TYG, RMT, EVN, MVF, MCI, SAR, MYN, LEO, HQL, and KTF
Should you be buying Western Asset Investment Grade Income Fund stock or one of its competitors? The main competitors of Western Asset Investment Grade Income Fund include Tortoise Energy Infrastructure (TYG), Royce Micro-Cap Trust (RMT), Eaton Vance Municipal Income Trust (EVN), BlackRock MuniVest Fund (MVF), Barings Corporate Investors (MCI), Saratoga Investment (SAR), BlackRock MuniYield New York Quality Fund (MYN), BNY Mellon Strategic Municipals (LEO), Abrdn Life Sciences Investors (HQL), and DWS Municipal Income Trust (KTF). These companies are all part of the "financial services" industry.
Western Asset Investment Grade Income Fund vs. Its Competitors
Tortoise Energy Infrastructure (NYSE:TYG) and Western Asset Investment Grade Income Fund (NYSE:PAI) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their community ranking, valuation, institutional ownership, analyst recommendations, dividends, earnings, profitability, risk and media sentiment.
32.5% of Tortoise Energy Infrastructure shares are owned by institutional investors. Comparatively, 19.0% of Western Asset Investment Grade Income Fund shares are owned by institutional investors. 0.3% of Tortoise Energy Infrastructure shares are owned by insiders. Comparatively, 1.0% of Western Asset Investment Grade Income Fund shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Tortoise Energy Infrastructure received 131 more outperform votes than Western Asset Investment Grade Income Fund when rated by MarketBeat users. Likewise, 69.43% of users gave Tortoise Energy Infrastructure an outperform vote while only 61.54% of users gave Western Asset Investment Grade Income Fund an outperform vote.
In the previous week, Western Asset Investment Grade Income Fund had 1 more articles in the media than Tortoise Energy Infrastructure. MarketBeat recorded 2 mentions for Western Asset Investment Grade Income Fund and 1 mentions for Tortoise Energy Infrastructure. Western Asset Investment Grade Income Fund's average media sentiment score of 1.62 beat Tortoise Energy Infrastructure's score of 0.48 indicating that Western Asset Investment Grade Income Fund is being referred to more favorably in the news media.
Tortoise Energy Infrastructure pays an annual dividend of $4.11 per share and has a dividend yield of 9.6%. Western Asset Investment Grade Income Fund pays an annual dividend of $0.56 per share and has a dividend yield of 4.5%.
Tortoise Energy Infrastructure has a beta of 1.02, indicating that its share price is 2% more volatile than the S&P 500. Comparatively, Western Asset Investment Grade Income Fund has a beta of 0.48, indicating that its share price is 52% less volatile than the S&P 500.
Summary
Tortoise Energy Infrastructure beats Western Asset Investment Grade Income Fund on 6 of the 10 factors compared between the two stocks.
Get Western Asset Investment Grade Income Fund News Delivered to You Automatically
Sign up to receive the latest news and ratings for PAI and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding PAI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart
Western Asset Investment Grade Income Fund Competitors List
Related Companies and Tools
This page (NYSE:PAI) was last updated on 6/12/2025 by MarketBeat.com Staff