Western Asset Investment Grade Defined Opportunity Trust Inc.

Western Asset Investment Grade Defined Opportunity Trust Inc.verified

IGI

Price:

$18.08

Market Cap:

$196.13M

Western Asset Investment Grade Defined Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited. The fund invests in fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in investment-grade corporate debt securities with varied maturities. It will liquidate on or about December 2, 2024. The fund conducts in-house research to make its investments...[Read more]

Industry

Asset Management

IPO Date

2009-07-01

Stock Exchange

NYSE

Ticker

IGI

The PE Ratio as of September 2024 (TTM) for Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) is 18.64

According to Western Asset Investment Grade Defined Opportunity Trust Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 18.64. This represents a change of 175.95% compared to the average of 6.75 of the last 4 quarters.

Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) Historical PE Ratio (quarterly & annually)

How has IGI PE Ratio performed in the past?

The mean historical PE Ratio of Western Asset Investment Grade Defined Opportunity Trust Inc. over the last ten years is 19.01. The current 18.64 PE Ratio has changed 9.71% with respect to the historical average. Over the past ten years (40 quarters), IGI's PE Ratio was at its highest in in the May 2020 quarter at 410.97. The PE Ratio was at its lowest in in the May 2021 quarter at -24.75.

Quarterly (TTM)
Annual

Average

19.01

Median

9.50

Minimum

-23.40

Maximum

123.62

Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Western Asset Investment Grade Defined Opportunity Trust Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual PE Ratio = 123.62

Minimum Annual Increase = -632.90%

Minimum Annual PE Ratio = -23.40

Quarterly (TTM)
Annual
YearPE RatioChange
202325.55-632.90%
2022-4.79-103.88%
2021123.62952.01%
202011.7561.91%
20197.26-131.01%
2018-23.40-293.86%
201712.07Infinity%

Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) Average PE Ratio

How has IGI PE Ratio performed in the past?

The current PE Ratio of Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

48.12

5-year avg

32.68

10-year avg

19.01

Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) PE Ratio vs. Peers

How is IGI’s PE Ratio compared to its peers?

Western Asset Investment Grade Defined Opportunity Trust Inc.’s PE Ratio is greater than Pioneer Floating Rate Fund, Inc. (9.28), greater than The Gabelli Equity Trust Inc. PFD-G (4.82), less than Pioneer Municipal High Income Advantage Fund, Inc. (55.78), greater than Nuveen Global High Income Fund (6.81), greater than Western Asset High Income Opportunity Fund Inc. (7.60), less than Western Asset Global Corporate Defined Opportunity Fund Inc. (21.42), greater than Western Asset Global High Income Fund Inc. (5.51), greater than The European Equity Fund, Inc. (3.91), less than John Hancock Investments - John Hancock Tax-Advantaged Global Shareholder Yield Fund (24.94), greater than Pioneer Municipal High Income Fund, Inc. (4.92), greater than Nuveen Mortgage and Income Fund (8.04), less than MFS Municipal Income Trust (22.46), greater than RiverNorth Specialty Finance Corporation (8.56), greater than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (5.23), greater than The Gabelli Equity Trust Inc. (4.82), less than Virtus Convertible & Income Fund (31.30), greater than Tri-Continental Corporation PFD $2.50 (5.94), less than MFS Investment Grade Municipal Trust (28.45), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than Invesco High Income 2024 Target Term Fund (3.77), less than Federated Hermes Premier Municipal Income Fund (26.65), greater than Nuveen California Select Tax-Free Income Portfolio (5.79),

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