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Western Asset Investment Grade Income Fund (PAI) Competitors

Western Asset Investment Grade Income Fund logo
$13.02 -0.11 (-0.84%)
As of 07/3/2025 03:30 PM Eastern

PAI vs. TYG, RMT, MCI, EVN, MVF, SAR, HQL, MYN, LEO, 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 OTC MICRO (RMT), Barings Corporate Investors (MCI), Eaton Vance Municipal Income Trust (EVN), BlackRock MuniVest Fund (MVF), Saratoga Investment (SAR), abrdn Life Sciences Investors (HQL), BlackRock MuniYield New York Quality Fund (MYN), BNY Mellon Strategic Municipals (LEO), 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

Western Asset Investment Grade Income Fund (NYSE:PAI) and Tortoise Energy Infrastructure (NYSE:TYG) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, valuation, profitability, media sentiment, institutional ownership, analyst recommendations, dividends and risk.

In the previous week, Tortoise Energy Infrastructure had 1 more articles in the media than Western Asset Investment Grade Income Fund. MarketBeat recorded 1 mentions for Tortoise Energy Infrastructure and 0 mentions for Western Asset Investment Grade Income Fund. Tortoise Energy Infrastructure's average media sentiment score of 0.87 beat Western Asset Investment Grade Income Fund's score of 0.00 indicating that Tortoise Energy Infrastructure is being referred to more favorably in the news media.

19.0% of Western Asset Investment Grade Income Fund shares are held by institutional investors. Comparatively, 32.5% of Tortoise Energy Infrastructure shares are held by institutional investors. 1.0% of Western Asset Investment Grade Income Fund shares are held by company insiders. Comparatively, 0.3% of Tortoise Energy Infrastructure shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Western Asset Investment Grade Income Fund has a beta of 0.49, suggesting that its stock price is 51% less volatile than the S&P 500. Comparatively, Tortoise Energy Infrastructure has a beta of 1.04, suggesting that its stock price is 4% 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
Tortoise Energy Infrastructure N/A N/A N/A

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income FundN/AN/AN/AN/AN/A
Tortoise Energy InfrastructureN/AN/AN/AN/AN/A

Western Asset Investment Grade Income Fund pays an annual dividend of $0.62 per share and has a dividend yield of 4.8%. Tortoise Energy Infrastructure pays an annual dividend of $4.11 per share and has a dividend yield of 9.4%.

Summary

Tortoise Energy Infrastructure beats Western Asset Investment Grade Income Fund on 5 of the 6 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 PAI 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 FundFIN IndustryFinance SectorNYSE Exchange
Market Cap$123.83M$3.72B$12.12B$20.71B
Dividend Yield4.78%6.77%5.54%3.71%
P/E RatioN/AN/A20.0528.08
Price / SalesN/A30.9326.0438.37
Price / CashN/A17.7521.7022.53
Price / BookN/A1.172.284.58
Net IncomeN/A$158.51M$1.00B$985.54M
7 Day Performance1.72%1.51%2.25%2.79%
1 Month Performance5.47%2.44%3.69%4.37%
1 Year Performance8.05%2.80%541.99%15.08%

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$13.02
-0.8%
N/A+8.0%$123.83MN/A0.00204,000Gap Up
TYG
Tortoise Energy Infrastructure
N/A$42.04
-1.3%
N/A+23.9%$458.37MN/A0.00N/ANews Coverage
RMT
ROYCE OTC MICRO
N/A$8.81
+0.8%
N/A+4.7%$442.96MN/A0.00N/ANews Coverage
Positive News
MCI
Barings Corporate Investors
N/A$20.84
-1.5%
N/A+15.6%$429.52MN/A0.00N/A
EVN
Eaton Vance Municipal Income Trust
N/A$10.22
-0.2%
N/A+0.5%$406.19MN/A0.00N/ADividend Announcement
MVF
BlackRock MuniVest Fund
N/A$6.59
+0.2%
N/A-9.7%$397.11MN/A0.00147,000News Coverage
Dividend Announcement
High Trading Volume
SAR
Saratoga Investment
1.738 of 5 stars
$24.59
+0.4%
$24.25
-1.4%
+11.4%$376.29M$148.85M12.053,211Upcoming Earnings
Dividend Announcement
HQL
abrdn Life Sciences Investors
N/A$12.46
-1.0%
N/A-8.3%$363.21MN/A0.00N/ANews Coverage
MYN
BlackRock MuniYield New York Quality Fund
N/A$9.43
+0.2%
N/A-8.5%$360.53MN/A0.00N/ANews Coverage
Positive News
Dividend Announcement
LEO
BNY Mellon Strategic Municipals
N/A$5.79
+0.2%
N/A-2.9%$360.04MN/A0.00147,000Dividend Announcement
KTF
DWS Municipal Income Trust
N/A$8.74
+0.3%
N/A-7.7%$341.20MN/A0.00N/A

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This page (NYSE:PAI) was last updated on 7/6/2025 by MarketBeat.com Staff
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