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Western Asset Investment Grade Income Fund (PAI) Competitors

Western Asset Investment Grade Income Fund logo
$12.48 +0.13 (+1.05%)
As of 02:41 PM Eastern

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.

Company Net Margins Return on Equity Return on Assets
Tortoise Energy InfrastructureN/A N/A N/A
Western Asset Investment Grade Income Fund N/A N/A N/A

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.

CompanyUnderperformOutperform
Tortoise Energy InfrastructureOutperform Votes
243
69.43%
Underperform Votes
107
30.57%
Western Asset Investment Grade Income FundOutperform Votes
112
61.54%
Underperform Votes
70
38.46%

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tortoise Energy Infrastructure$214.33M2.15N/AN/AN/A
Western Asset Investment Grade Income Fund$4.03M29.45N/AN/AN/A

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tortoise Energy Infrastructure
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Western Asset Investment Grade Income Fund
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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.

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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 FundInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$118.70M$7.14B$11.73B$19.87B
Dividend Yield5.02%6.78%5.66%3.83%
P/E RatioN/A3.5923.0535.60
Price / Sales29.4524.7226.8643.81
Price / CashN/A7.5117.6017.51
Price / BookN/A0.922.894.85
Net IncomeN/A$66.51M$1.04B$1.02B
7 Day Performance0.48%1.00%1.53%1.94%
1 Month Performance-0.20%1.79%1.45%3.02%
1 Year Performance2.89%2.69%540.37%9.87%

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$12.48
+1.1%
N/A+3.2%$118.70M$4.03M0.00204,000News Coverage
Positive News
Short Interest ↓
TYG
Tortoise Energy Infrastructure
N/A$41.09
+1.4%
N/A+26.4%$442.28M$214.33M0.00N/A
RMT
Royce Micro-Cap Trust
N/A$8.71
-0.5%
N/A-4.4%$441.44M$66.96M0.00N/AShort Interest ↑
Gap Down
EVN
Eaton Vance Municipal Income Trust
N/A$10.23
-0.2%
N/A+1.0%$405.87M$38.57M0.00N/APositive News
MVF
BlackRock MuniVest Fund
N/A$6.68
-0.1%
N/A-6.1%$402.90M$11.04M0.00147,000Positive News
Short Interest ↓
MCI
Barings Corporate Investors
N/A$19.53
-6.4%
N/A+11.3%$396.34M$37.92M0.00N/AShort Interest ↑
High Trading Volume
SAR
Saratoga Investment
1.3365 of 5 stars
$24.59
-0.8%
$24.58
0.0%
-0.5%$377.83M$42.10M9.923,211News Coverage
Analyst Downgrade
MYN
BlackRock MuniYield New York Quality Fund
N/A$9.51
-0.3%
N/A-10.0%$364.36M$1.69M0.00N/AShort Interest ↓
LEO
BNY Mellon Strategic Municipals
N/A$5.78
-0.9%
N/A-3.6%$360.04M$2.18M0.00147,000Positive News
Short Interest ↓
HQL
Abrdn Life Sciences Investors
N/A$12.32
+0.7%
N/A-5.8%$355.82M$86.69M0.00N/A
KTF
DWS Municipal Income Trust
N/A$8.89
-1.0%
N/A-7.2%$348.25M$35.07M0.00N/ANews Coverage
Dividend Announcement
Short Interest ↓

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This page (NYSE:PAI) was last updated on 6/12/2025 by MarketBeat.com Staff
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