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Western Asset Investment Grade Income Fund (PAI) Competitors

Western Asset Investment Grade Income Fund logo
$12.36 -0.08 (-0.60%)
Closing price 05/21/2025 03:58 PM Eastern
Extended Trading
$12.36 0.00 (0.00%)
As of 05/21/2025 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

PAI vs. RMT, TYG, MVF, EVN, 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 Royce Micro-Cap Trust (RMT), Tortoise Energy Infrastructure (TYG), BlackRock MuniVest Fund (MVF), Eaton Vance Municipal Income Trust (EVN), 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.

Western Asset Investment Grade Income Fund (NYSE:PAI) and Royce Micro-Cap Trust (NYSE:RMT) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, media sentiment, risk, community ranking, dividends, profitability and institutional ownership.

19.0% of Western Asset Investment Grade Income Fund shares are held by institutional investors. Comparatively, 35.0% of Royce Micro-Cap Trust shares are held by institutional investors. 1.0% of Western Asset Investment Grade Income Fund shares are held by insiders. Comparatively, 0.2% of Royce Micro-Cap Trust shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Western Asset Investment Grade Income Fund received 26 more outperform votes than Royce Micro-Cap Trust when rated by MarketBeat users. However, 68.25% of users gave Royce Micro-Cap Trust an outperform vote while only 61.54% of users gave Western Asset Investment Grade Income Fund an outperform vote.

CompanyUnderperformOutperform
Western Asset Investment Grade Income FundOutperform Votes
112
61.54%
Underperform Votes
70
38.46%
Royce Micro-Cap TrustOutperform Votes
86
68.25%
Underperform Votes
40
31.75%

Western Asset Investment Grade Income Fund has a beta of 0.51, indicating that its share price is 49% less volatile than the S&P 500. Comparatively, Royce Micro-Cap Trust has a beta of 1.18, indicating that its share price is 18% more volatile than the S&P 500.

Company Net Margins Return on Equity Return on Assets
Western Asset Investment Grade Income FundN/A N/A N/A
Royce Micro-Cap Trust N/A N/A N/A

Western Asset Investment Grade Income Fund pays an annual dividend of $0.56 per share and has a dividend yield of 4.5%. Royce Micro-Cap Trust pays an annual dividend of $0.74 per share and has a dividend yield of 8.5%.

In the previous week, Western Asset Investment Grade Income Fund had 4 more articles in the media than Royce Micro-Cap Trust. MarketBeat recorded 4 mentions for Western Asset Investment Grade Income Fund and 0 mentions for Royce Micro-Cap Trust. Royce Micro-Cap Trust's average media sentiment score of 1.88 beat Western Asset Investment Grade Income Fund's score of 0.92 indicating that Royce Micro-Cap Trust is being referred to more favorably in the news media.

Company Overall Sentiment
Western Asset Investment Grade Income Fund Positive
Royce Micro-Cap Trust Very Positive

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income Fund$4.03M29.18N/AN/AN/A
Royce Micro-Cap Trust$66.96M6.56N/AN/AN/A

Summary

Royce Micro-Cap Trust beats Western Asset Investment Grade Income Fund on 6 of the 10 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media 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.
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PAI vs. The Competition

MetricWestern Asset Investment Grade Income FundInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$117.60M$6.91B$11.49B$19.38B
Dividend Yield5.02%6.78%5.46%3.84%
P/E RatioN/A3.5722.4834.23
Price / Sales29.1821.7827.2834.85
Price / CashN/A7.5117.6217.51
Price / BookN/A0.892.794.69
Net IncomeN/A$66.51M$1.04B$1.02B
7 Day Performance0.45%-0.52%0.34%-1.34%
1 Month Performance3.39%4.88%8.69%9.79%
1 Year Performance2.70%-0.23%537.74%3.27%

Western Asset Investment Grade Income Fund Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PAI
Western Asset Investment Grade Income Fund
N/A$12.37
-0.6%
N/A+2.7%$118.32M$4.03M0.00204,000Dividend Announcement
RMT
Royce Micro-Cap Trust
N/A$8.81
flat
N/A-11.0%$446.51M$66.96M0.00N/APositive News
TYG
Tortoise Energy Infrastructure
N/A$41.41
-0.1%
N/A+16.2%$445.78M$214.33M0.00N/ANews Coverage
Positive News
Dividend Announcement
MVF
BlackRock MuniVest Fund
N/A$6.77
-0.4%
N/A-6.6%$410.14M$11.04M0.00147,000Positive News
EVN
Eaton Vance Municipal Income Trust
N/A$10.33
flat
N/A-0.2%$409.76M$38.57M0.00N/ANews Coverage
Positive News
MCI
Barings Corporate Investors
N/A$19.10
+0.9%
N/A+9.9%$387.71M$37.92M0.00N/ADividend Announcement
SAR
Saratoga Investment
1.5593 of 5 stars
$24.59
+0.8%
$24.58
0.0%
+4.1%$377.83M$42.10M9.923,211Positive News
MYN
BlackRock MuniYield New York Quality Fund
N/A$9.63
flat
N/A-8.9%$368.95M$1.69M0.00N/APositive News
LEO
BNY Mellon Strategic Municipals
N/A$5.88
-0.7%
N/A-3.5%$366.27M$73.46M0.00147,000Positive News
Dividend Increase
HQL
Abrdn Life Sciences Investors
N/A$12.46
+1.1%
N/A-10.4%$359.75M$86.69M0.00N/ADividend Announcement
Insider Trade
KTF
DWS Municipal Income Trust
N/A$9.08
-1.2%
N/A-5.9%$355.69M$35.07M0.00N/AEx-Dividend

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This page (NYSE:PAI) was last updated on 5/22/2025 by MarketBeat.com Staff
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