NYSE:PAI

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

$12.03
-0.03 (-0.25%)
(As of 05/17/2024 ET)
Today's Range
$12.00
$12.11
50-Day Range
$11.70
$12.20
52-Week Range
$10.59
$12.29
Volume
16,734 shs
Average Volume
21,939 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
4.74%
Price Target
N/A
PAI stock logo

About Western Asset Investment Grade Income Fund Stock (NYSE:PAI)

Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index. Western Asset Income Fund was formed on March 22, 1973 and is domiciled in the United States.

PAI Stock Price History

PAI Stock News Headlines

5 Closed-End Fund Buys In The Month Of April 2024
PAI Western Asset Income Fund
Western Asset Investment Grade Income Fund Inc
Western Asset Income Fund (PAI)
See More Headlines
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Company Calendar

Ex-Dividend for 5/1 Dividend
4/22/2024
Dividend Payable
5/01/2024
Today
5/18/2024
Ex-Dividend for 6/3 Dividend
5/22/2024
Next Earnings (Estimated)
5/22/2024
Dividend Payable
6/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
204,000
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.51
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PAI Stock Analysis - Frequently Asked Questions

How have PAI shares performed in 2024?

Western Asset Investment Grade Income Fund's stock was trading at $12.04 at the beginning of the year. Since then, PAI stock has decreased by 0.1% and is now trading at $12.03.
View the best growth stocks for 2024 here
.

Are investors shorting Western Asset Investment Grade Income Fund?

Western Asset Investment Grade Income Fund saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,400 shares, an increase of 92.9% from the April 15th total of 2,800 shares. Based on an average daily trading volume, of 24,500 shares, the days-to-cover ratio is currently 0.2 days.
View Western Asset Investment Grade Income Fund's Short Interest
.

When is Western Asset Investment Grade Income Fund's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our PAI earnings forecast
.

How often does Western Asset Investment Grade Income Fund pay dividends? What is the dividend yield for Western Asset Investment Grade Income Fund?

Western Asset Investment Grade Income Fund declared a monthly dividend on Tuesday, February 20th. Shareholders of record on Thursday, May 23rd will be given a dividend of $0.049 per share on Monday, June 3rd. This represents a $0.59 annualized dividend and a dividend yield of 4.89%. The ex-dividend date of this dividend is Wednesday, May 22nd.
Read our dividend analysis for PAI
.

Is Western Asset Investment Grade Income Fund a good dividend stock?

Western Asset Investment Grade Income Fund (NYSE:PAI) pays an annual dividend of $0.57 per share and currently has a dividend yield of 4.73%. PAI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PAI.

What other stocks do shareholders of Western Asset Investment Grade Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Investment Grade Income Fund investors own include AT&T (T), Enterprise Products Partners (EPD), AbbVie (ABBV), Dominion Energy (D), GSK (GSK), International Business Machines (IBM), MetLife (MET), Altria Group (MO), Southern (SO) and Blackrock Resources & Commodities Strategy Trust (BCX).

Who are Western Asset Investment Grade Income Fund's major shareholders?

Western Asset Investment Grade Income Fund's stock is owned by a number of institutional and retail investors. Top institutional investors include Karpus Management Inc. (0.00%), Hennion & Walsh Asset Management Inc. (0.00%), Allspring Global Investments Holdings LLC (0.00%), SeaBridge Investment Advisors LLC (0.00%), Aviance Capital Partners LLC (0.00%) and Martin Capital Partners LLC (0.00%).
View institutional ownership trends
.

How do I buy shares of Western Asset Investment Grade Income Fund?

Shares of PAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PAI) was last updated on 5/18/2024 by MarketBeat.com Staff

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