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Western Asset Investment Grade Income Fund (PAI) Competitors

Western Asset Investment Grade Income Fund logo
$11.38 +0.03 (+0.26%)
Closing price 10/2/2026 03:59 PM Eastern
Extended Trading
$11.38 +0.00 (+0.01%)
As of 10/2/2026 05:00 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 Massive. Learn more.

PAI vs. GLAD, AEF, VALU, SOR, and EVN

Should you buy Western Asset Investment Grade Income Fund stock or one of its competitors? Western Asset Investment Grade Income Fund's main competitors and comparable companies include Gladstone Capital (GLAD), Abrdn Emerging Markets Equity Income Fund (AEF), Value Line (VALU), Source Capital (SOR), and Eaton Vance Municipal Income Trust (EVN). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "capital markets" industry.

How does Western Asset Investment Grade Income Fund compare to Gladstone Capital?

Gladstone Capital (NASDAQ:GLAD) and Western Asset Investment Grade Income Fund (NYSE:PAI) are both small-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, valuation, media sentiment, analyst recommendations, dividends and profitability.

In the previous week, Western Asset Investment Grade Income Fund had 2 more articles in the media than Gladstone Capital. MarketBeat recorded 3 mentions for Western Asset Investment Grade Income Fund and 1 mentions for Gladstone Capital. Western Asset Investment Grade Income Fund's average media sentiment score of 1.47 beat Gladstone Capital's score of 0.15 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
Gladstone Capital
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Western Asset Investment Grade Income Fund
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Gladstone Capital has a net margin of 50.48% compared to Western Asset Investment Grade Income Fund's net margin of 0.00%. Gladstone Capital's return on equity of 9.67% beat Western Asset Investment Grade Income Fund's return on equity.

Company Net Margins Return on Equity Return on Assets
Gladstone Capital50.48% 9.67% 5.00%
Western Asset Investment Grade Income Fund N/A N/A N/A

Gladstone Capital has higher revenue and earnings than Western Asset Investment Grade Income Fund.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Gladstone Capital$89.12M4.85$58.11M$2.069.30
Western Asset Investment Grade Income Fund$6.04M17.91N/AN/AN/A

Gladstone Capital has a beta of 0.94, suggesting that its stock price is 6% less volatile than the broader market. Comparatively, Western Asset Investment Grade Income Fund has a beta of 0.5, suggesting that its stock price is 50% less volatile than the broader market.

Gladstone Capital presently has a consensus target price of $21.67, suggesting a potential upside of 13.14%. Given Gladstone Capital's stronger consensus rating and higher possible upside, analysts clearly believe Gladstone Capital is more favorable than Western Asset Investment Grade Income Fund.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Gladstone Capital
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Western Asset Investment Grade Income Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Gladstone Capital pays an annual dividend of $1.80 per share and has a dividend yield of 9.4%. Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.5%. Gladstone Capital pays out 87.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Gladstone Capital has increased its dividend for 4 consecutive years. Gladstone Capital is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

10.7% of Gladstone Capital shares are held by institutional investors. Comparatively, 19.0% of Western Asset Investment Grade Income Fund shares are held by institutional investors. 3.8% of Gladstone Capital shares are held by insiders. Comparatively, 1.0% of Western Asset Investment Grade Income Fund shares are held 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.

Summary

Gladstone Capital beats Western Asset Investment Grade Income Fund on 11 of the 16 factors compared between the two stocks.

How does Western Asset Investment Grade Income Fund compare to Abrdn Emerging Markets Equity Income Fund?

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

Company Net Margins Return on Equity Return on Assets
Western Asset Investment Grade Income FundN/A N/A N/A
Abrdn Emerging Markets Equity Income Fund N/A N/A N/A

Western Asset Investment Grade Income Fund has a beta of 0.5, indicating that its share price is 50% less volatile than the broader market. Comparatively, Abrdn Emerging Markets Equity Income Fund has a beta of 1.02, indicating that its share price is 2% more volatile than the broader market.

19.0% of Western Asset Investment Grade Income Fund shares are held by institutional investors. Comparatively, 73.9% of Abrdn Emerging Markets Equity Income Fund shares are held by institutional investors. 1.0% of Western Asset Investment Grade Income Fund shares are held by insiders. Comparatively, 16.7% of Abrdn Emerging Markets Equity Income Fund shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income Fund$6.04M17.91N/AN/AN/A
Abrdn Emerging Markets Equity Income Fund$197.03M1.98N/AN/AN/A

Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.5%. Abrdn Emerging Markets Equity Income Fund pays an annual dividend of $0.88 per share and has a dividend yield of 9.2%.

In the previous week, Western Asset Investment Grade Income Fund had 2 more articles in the media than Abrdn Emerging Markets Equity Income Fund. MarketBeat recorded 3 mentions for Western Asset Investment Grade Income Fund and 1 mentions for Abrdn Emerging Markets Equity Income Fund. Western Asset Investment Grade Income Fund's average media sentiment score of 1.47 beat Abrdn Emerging Markets Equity Income Fund's score of 1.18 indicating that Western Asset Investment Grade Income Fund is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Asset Investment Grade Income Fund
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Abrdn Emerging Markets Equity Income Fund
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Abrdn Emerging Markets Equity Income Fund beats Western Asset Investment Grade Income Fund on 5 of the 8 factors compared between the two stocks.

How does Western Asset Investment Grade Income Fund compare to Value Line?

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

Western Asset Investment Grade Income Fund has a beta of 0.5, meaning that its stock price is 50% less volatile than the broader market. Comparatively, Value Line has a beta of 1.01, meaning that its stock price is 1% more volatile than the broader market.

In the previous week, Western Asset Investment Grade Income Fund had 3 more articles in the media than Value Line. MarketBeat recorded 3 mentions for Western Asset Investment Grade Income Fund and 0 mentions for Value Line. Western Asset Investment Grade Income Fund's average media sentiment score of 1.47 beat Value Line's score of 0.00 indicating that Western Asset Investment Grade Income Fund is being referred to more favorably in the media.

Company Overall Sentiment
Western Asset Investment Grade Income Fund Positive
Value Line Neutral

Value Line has a net margin of 60.27% compared to Western Asset Investment Grade Income Fund's net margin of 0.00%. Value Line's return on equity of 18.43% beat Western Asset Investment Grade Income Fund's return on equity.

Company Net Margins Return on Equity Return on Assets
Western Asset Investment Grade Income FundN/A N/A N/A
Value Line 60.27%18.43%13.14%

19.0% of Western Asset Investment Grade Income Fund shares are owned by institutional investors. Comparatively, 6.3% of Value Line shares are owned by institutional investors. 1.0% of Western Asset Investment Grade Income Fund shares are owned by insiders. Comparatively, 0.0% of Value Line shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Asset Investment Grade Income Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Value Line
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Value Line has higher revenue and earnings than Western Asset Investment Grade Income Fund.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income Fund$6.04M17.91N/AN/AN/A
Value Line$33.45M11.36$21.63M$2.1119.19

Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.5%. Value Line pays an annual dividend of $1.40 per share and has a dividend yield of 3.5%. Value Line pays out 66.4% of its earnings in the form of a dividend. Value Line has raised its dividend for 11 consecutive years.

Summary

Western Asset Investment Grade Income Fund and Value Line tied by winning 7 of the 14 factors compared between the two stocks.

How does Western Asset Investment Grade Income Fund compare to Source Capital?

Source Capital (NYSE:SOR) and Western Asset Investment Grade Income Fund (NYSE:PAI) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, media sentiment, risk, earnings, dividends, valuation, profitability and analyst recommendations.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Source CapitalN/AN/AN/AN/AN/A
Western Asset Investment Grade Income Fund$6.04M17.91N/AN/AN/A

Source Capital pays an annual dividend of $2.50 per share and has a dividend yield of 5.5%. Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.5%.

Source Capital has a beta of 0.47, indicating that its stock price is 53% less volatile than the broader market. Comparatively, Western Asset Investment Grade Income Fund has a beta of 0.5, indicating that its stock price is 50% less volatile than the broader market.

In the previous week, Western Asset Investment Grade Income Fund had 2 more articles in the media than Source Capital. MarketBeat recorded 3 mentions for Western Asset Investment Grade Income Fund and 1 mentions for Source Capital. Source Capital's average media sentiment score of 1.93 beat Western Asset Investment Grade Income Fund's score of 1.47 indicating that Source Capital is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Source Capital
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Western Asset Investment Grade Income Fund
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

13.2% of Source Capital shares are owned by institutional investors. Comparatively, 19.0% of Western Asset Investment Grade Income Fund shares are owned by institutional investors. 77.0% of Source Capital 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Company Net Margins Return on Equity Return on Assets
Source CapitalN/A N/A N/A
Western Asset Investment Grade Income Fund N/A N/A N/A

Summary

Western Asset Investment Grade Income Fund beats Source Capital on 5 of the 7 factors compared between the two stocks.

How does Western Asset Investment Grade Income Fund compare to Eaton Vance Municipal Income Trust?

Western Asset Investment Grade Income Fund (NYSE:PAI) and Eaton Vance Municipal Income Trust (NYSE:EVN) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, profitability, media sentiment, institutional ownership and earnings.

Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.5%. Eaton Vance Municipal Income Trust pays an annual dividend of $0.26 per share and has a dividend yield of 2.8%.

Company Net Margins Return on Equity Return on Assets
Western Asset Investment Grade Income FundN/A N/A N/A
Eaton Vance Municipal Income Trust N/A N/A N/A

19.0% of Western Asset Investment Grade Income Fund shares are owned by institutional investors. 1.0% of Western Asset Investment Grade Income Fund shares are owned by insiders. Comparatively, 1.0% of Eaton Vance Municipal Income Trust shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income Fund$6.04M17.91N/AN/AN/A
Eaton Vance Municipal Income TrustN/AN/AN/AN/AN/A

Western Asset Investment Grade Income Fund has a beta of 0.5, indicating that its share price is 50% less volatile than the broader market. Comparatively, Eaton Vance Municipal Income Trust has a beta of 0.65, indicating that its share price is 35% less volatile than the broader market.

In the previous week, Western Asset Investment Grade Income Fund had 2 more articles in the media than Eaton Vance Municipal Income Trust. MarketBeat recorded 3 mentions for Western Asset Investment Grade Income Fund and 1 mentions for Eaton Vance Municipal Income Trust. Western Asset Investment Grade Income Fund's average media sentiment score of 1.47 beat Eaton Vance Municipal Income Trust's score of 1.00 indicating that Western Asset Investment Grade Income Fund is being referred to more favorably in the media.

Summary

Western Asset Investment Grade Income Fund beats Eaton Vance Municipal Income Trust 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 FundCapital Markets IndustryFinance SectorNYSE Exchange
Market Cap$108.24M$5.16B$13.12B$22.78B
Dividend Yield5.54%7.57%6.04%3.73%
P/E RatioN/A29.4524.4227.75
Price / SalesN/A1,198.95499.7821.40
Price / CashN/A47.6745.5138.23
Price / BookN/A3.482.704.64
Net IncomeN/A$416.56M$1.32B$1.08B
7 Day Performance-0.96%-0.74%-1.04%-1.06%
1 Month Performance-4.13%-2.71%-3.20%-5.60%
1 Year Performance-11.23%9.00%10.47%5.09%

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$11.38
+0.3%
N/A-11.2%$108.24MN/AN/A204,000
GLAD
Gladstone Capital
2.1123 of 5 stars
$19.16
-1.3%
$21.67
+13.1%
-10.3%$432.76M$89.12M9.3065
AEF
Abrdn Emerging Markets Equity Income Fund
N/A$9.58
+2.6%
N/A+47.5%$387.74M$197.03MN/AN/A
VALU
Value Line
1.5189 of 5 stars
$40.38
+2.0%
N/A+4.0%$378.67M$33.45M19.13106
SOR
Source Capital
N/A$45.36
+0.9%
N/A+0.0%$373.28MN/AN/AN/A

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This page (NYSE:PAI) was last updated on 10/4/2026 by MarketBeat.com Staff.
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