Western Asset Investment Grade Income Fund (PAI) Stock Price, News & Analysis

Company Overview

Western Asset Investment Grade Income Fund (NYSE: PAI) is a diversified, closed-end management investment company that seeks to provide high current income with a secondary objective of capital preservation. Established in 2005, the fund invests primarily in investment-grade debt securities issued by governments, government agencies, corporate issuers and securitized products. It employs both traditional fixed-income strategies and opportunistic positions to enhance its income profile.

The fund’s portfolio is broadly diversified across sectors and credit profiles, focusing on bonds rated investment-grade by major credit rating agencies. Key holdings typically include U.S. Treasury and agency securities, investment-grade corporate bonds, mortgage- and asset-backed securities, and certain high-quality foreign government debt. The fund may also use leverage in the form of borrowings and derivatives to seek additional income, subject to regulatory limitations.

While the fund is domiciled in the United States, its investment mandate allows for exposure to developed international markets, enabling managers to pursue yield opportunities and diversification benefits globally. Geographic allocation may shift over time in response to changing market conditions and relative value assessments across regions, sectors and currencies.

Advised by Western Asset Management Company, LLC, a subsidiary of Franklin Templeton, the fund benefits from the expertise of a seasoned team of fixed-income professionals. Western Asset’s investment team draws on decades of experience in credit research, interest rate strategies and portfolio construction to manage the fund’s assets in accordance with its income-oriented investment objectives.

Key Stats

• Today's Range: $11.99 to $12.10
• 50-Day Range: $11.92 to $12.32
• 52-Week Range: $11.72 to $13.66
• Volume: 53,852 shs
• Average Volume: 15,753 shs
• Market Capitalization: $114.17 million
• P/E Ratio: N/A
• Dividend Yield: 5.25%
• Price Target: N/A
• Consensus Rating: N/A

Company Calendar

• Record date for 4/30 Dividend: 4/23/2026
• Ex-Dividend for 4/30 Dividend: 4/23/2026
• Dividend Payable: 4/30/2026
• Today: 5/19/2026
• Record date for 5/29 Dividend: 5/21/2026
• Ex-Dividend for 5/29 Dividend: 5/21/2026
• Dividend Payable: 5/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - INVEST FUND
• Sub-Industry: Financial Services
• Current Symbol: NYSE:PAI
• CIK: 75398
• Web: institutional.myleggmason.com
• Phone: 626-844-9400
• Fax: N/A
• Employees: 204,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $9.93 million
• Price / Sales: 11.50
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 9,511,000
• Free Float: 9,416,000
• Market Cap: $114.17 million
• Optionable: Not Optionable
• Beta: 0.50