Western Asset Investment Grade Income Fund (PAI) Competitors

Western Asset Investment Grade Income Fund logo
$12.14 +0.06 (+0.53%)
Closing price 06/18/2026 03:57 PM Eastern
Extended Trading
$12.08 -0.06 (-0.52%)
As of 06/18/2026 07:01 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. EVN, CCAP, AEF, LEO, and MCI

Should you buy Western Asset Investment Grade Income Fund stock or one of its competitors? MarketBeat compares Western Asset Investment Grade Income Fund with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Western Asset Investment Grade Income Fund include Eaton Vance Municipal Income Trust (EVN), Crescent Capital BDC (CCAP), Abrdn Emerging Markets Equity Income Fund (AEF), BNY Mellon Strategic Municipals (LEO), and Barings Corporate Investors (MCI). These companies are all part of the "financial services" industry.

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

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

19.0% of Western Asset Investment Grade Income Fund shares are owned by institutional investors. 1.0% of Eaton Vance Municipal Income Trust 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, endowments and large money managers believe a company is poised for long-term growth.

Eaton Vance Municipal Income Trust pays an annual dividend of $0.41 per share and has a dividend yield of 3.7%. Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.2%.

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

Eaton Vance Municipal Income Trust has a beta of 0.63, meaning that its share price is 37% less volatile than the broader market. Comparatively, Western Asset Investment Grade Income Fund has a beta of 0.49, meaning that its share price is 51% less volatile than the broader market.

In the previous week, Eaton Vance Municipal Income Trust and Eaton Vance Municipal Income Trust both had 1 articles in the media. Eaton Vance Municipal Income Trust's average media sentiment score of 1.13 beat Western Asset Investment Grade Income Fund's score of 0.87 indicating that Eaton Vance Municipal Income Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Eaton Vance Municipal Income Trust
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Western Asset Investment Grade Income Fund
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Eaton Vance Municipal Income TrustN/AN/AN/AN/AN/A
Western Asset Investment Grade Income FundN/AN/AN/AN/AN/A

Summary

Eaton Vance Municipal Income Trust and Western Asset Investment Grade Income Fund tied by winning 2 of the 4 factors compared between the two stocks.

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

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

49.5% of Crescent Capital BDC shares are held by institutional investors. Comparatively, 19.0% of Western Asset Investment Grade Income Fund shares are held by institutional investors. 1.2% of Crescent Capital BDC 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 large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Crescent Capital BDC currently has a consensus price target of $13.90, suggesting a potential upside of 24.33%. Given Crescent Capital BDC's stronger consensus rating and higher probable upside, equities analysts clearly believe Crescent Capital BDC is more favorable than Western Asset Investment Grade Income Fund.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Crescent Capital BDC
1 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.17
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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Crescent Capital BDC$167.29M2.46$34.51M$0.4127.27
Western Asset Investment Grade Income FundN/AN/AN/AN/AN/A

Crescent Capital BDC has a beta of 0.52, meaning that its stock price is 48% less volatile than the broader market. Comparatively, Western Asset Investment Grade Income Fund has a beta of 0.49, meaning that its stock price is 51% less volatile than the broader market.

Crescent Capital BDC pays an annual dividend of $1.68 per share and has a dividend yield of 15.0%. Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.2%. Crescent Capital BDC pays out 409.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Crescent Capital BDC has raised its dividend for 1 consecutive years. Crescent Capital BDC is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Crescent Capital BDC has a net margin of 9.26% compared to Western Asset Investment Grade Income Fund's net margin of 0.00%. Crescent Capital BDC's return on equity of 9.34% beat Western Asset Investment Grade Income Fund's return on equity.

Company Net Margins Return on Equity Return on Assets
Crescent Capital BDC9.26% 9.34% 4.04%
Western Asset Investment Grade Income Fund N/A N/A N/A

In the previous week, Crescent Capital BDC had 3 more articles in the media than Western Asset Investment Grade Income Fund. MarketBeat recorded 4 mentions for Crescent Capital BDC and 1 mentions for Western Asset Investment Grade Income Fund. Western Asset Investment Grade Income Fund's average media sentiment score of 0.87 beat Crescent Capital BDC's score of 0.03 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
Crescent Capital BDC
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Western Asset Investment Grade Income Fund
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Crescent Capital BDC beats Western Asset Investment Grade Income Fund on 13 of the 15 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 investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, risk, earnings, media sentiment and dividends.

In the previous week, Western Asset Investment Grade Income Fund and Western Asset Investment Grade Income Fund both had 1 articles in the media. Western Asset Investment Grade Income Fund's average media sentiment score of 0.87 beat Abrdn Emerging Markets Equity Income Fund's score of 0.00 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
0 Very Positive mention(s)
1 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)
Neutral

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income FundN/AN/AN/AN/AN/A
Abrdn Emerging Markets Equity Income Fund$96.44M4.19N/AN/AN/A

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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.2%. Abrdn Emerging Markets Equity Income Fund pays an annual dividend of $0.79 per share and has a dividend yield of 7.9%.

Western Asset Investment Grade Income Fund has a beta of 0.49, meaning that its stock price is 51% less volatile than the broader market. Comparatively, Abrdn Emerging Markets Equity Income Fund has a beta of 0.99, meaning that its stock price is 1% less volatile than the broader market.

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

Summary

Abrdn Emerging Markets Equity Income Fund beats Western Asset Investment Grade Income Fund on 5 of the 6 factors compared between the two stocks.

How does Western Asset Investment Grade Income Fund compare to BNY Mellon Strategic Municipals?

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income FundN/AN/AN/AN/AN/A
BNY Mellon Strategic MunicipalsN/AN/AN/AN/AN/A

Company Net Margins Return on Equity Return on Assets
Western Asset Investment Grade Income FundN/A N/A N/A
BNY Mellon Strategic Municipals N/A N/A N/A

Western Asset Investment Grade Income Fund has a beta of 0.49, indicating that its stock price is 51% less volatile than the broader market. Comparatively, BNY Mellon Strategic Municipals has a beta of 0.63, indicating that its stock price is 37% less volatile than the broader market.

Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.2%. BNY Mellon Strategic Municipals pays an annual dividend of $0.24 per share and has a dividend yield of 3.8%.

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

In the previous week, Western Asset Investment Grade Income Fund had 1 more articles in the media than BNY Mellon Strategic Municipals. MarketBeat recorded 1 mentions for Western Asset Investment Grade Income Fund and 0 mentions for BNY Mellon Strategic Municipals. Western Asset Investment Grade Income Fund's average media sentiment score of 0.87 beat BNY Mellon Strategic Municipals' score of 0.00 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 BNY Mellon Strategic Municipals on 4 of the 5 factors compared between the two stocks.

How does Western Asset Investment Grade Income Fund compare to Barings Corporate Investors?

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

In the previous week, Western Asset Investment Grade Income Fund and Western Asset Investment Grade Income Fund both had 1 articles in the media. Western Asset Investment Grade Income Fund's average media sentiment score of 0.87 beat Barings Corporate Investors' score of 0.00 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
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Barings Corporate Investors
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Company Net Margins Return on Equity Return on Assets
Western Asset Investment Grade Income FundN/A N/A N/A
Barings Corporate Investors 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, 1.1% of Barings Corporate Investors 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income FundN/AN/AN/AN/AN/A
Barings Corporate InvestorsN/AN/AN/AN/AN/A

Western Asset Investment Grade Income Fund has a beta of 0.49, suggesting that its stock price is 51% less volatile than the broader market. Comparatively, Barings Corporate Investors has a beta of 0.33, suggesting that its stock price is 67% less volatile than the broader market.

Western Asset Investment Grade Income Fund pays an annual dividend of $0.63 per share and has a dividend yield of 5.2%. Barings Corporate Investors pays an annual dividend of $1.60 per share and has a dividend yield of 9.0%.

Summary

Western Asset Investment Grade Income Fund beats Barings Corporate Investors on 3 of the 5 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$114.89M$4.84B$13.93B$23.21B
Dividend Yield5.22%6.82%5.74%4.06%
P/E RatioN/A0.0220.1831.61
Price / SalesN/A50.57143.9722.35
Price / CashN/A4.8019.5724.44
Price / BookN/A3.112.254.68
Net IncomeN/A$388.27M$1.14B$1.08B
7 Day Performance0.24%0.11%-0.42%-0.82%
1 Month Performance0.81%0.90%1.14%1.61%
1 Year Performance-2.18%14.04%22.73%24.87%

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$12.14
+0.5%
N/A-2.0%$114.89MN/AN/A204,000
EVN
Eaton Vance Municipal Income Trust
N/A$10.94
+0.1%
N/A+7.0%$436.16M$2.26MN/AN/A
CCAP
Crescent Capital BDC
4.8095 of 5 stars
$11.36
0.0%
$13.90
+22.4%
-22.6%$418.53M$26.38M27.70N/A
AEF
Abrdn Emerging Markets Equity Income Fund
N/A$9.91
+0.4%
N/A+74.1%$402.15M$96.44MN/AN/A
LEO
BNY Mellon Strategic Municipals
N/A$6.42
+0.2%
N/A+10.2%$399.59MN/AN/A147,000

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This page (NYSE:PAI) was last updated on 6/20/2026 by MarketBeat.com Staff.
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