Western Asset Investment Grade Income Fund Inc.

Western Asset Investment Grade Income Fund Inc.verified

PAI

Price:

$12.56

Market Cap:

$119.46M

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.[Read more]

Industry

Asset Management - Income

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

PAI

The PE Ratio as of December 2024 (TTM) for Western Asset Investment Grade Income Fund Inc. (PAI) is 16.10

According to Western Asset Investment Grade Income Fund Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 16.10. This represents a change of -8.83% compared to the average of 17.66 of the last 4 quarters.

Western Asset Investment Grade Income Fund Inc. (PAI) Historical PE Ratio (quarterly & annually)

How has PAI PE Ratio performed in the past?

The mean historical PE Ratio of Western Asset Investment Grade Income Fund Inc. over the last ten years is 64.52. The current 16.10 PE Ratio has changed 2.40% with respect to the historical average. Over the past ten years (40 quarters), PAI's PE Ratio was at its highest in in the September 2021 quarter at 234.03. The PE Ratio was at its lowest in in the March 2021 quarter at -812.10.

Quarterly (TTM)
Annual

Average

64.52

Median

10.25

Minimum

-41.67

Maximum

647.47

Western Asset Investment Grade Income Fund Inc. (PAI) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Western Asset Investment Grade Income Fund 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 = 5.39%

Maximum Annual PE Ratio = 647.47

Minimum Annual Increase = -436.76%

Minimum Annual PE Ratio = -41.67

Quarterly (TTM)
Annual
YearPE RatioChange
202310.82-340.52%
2022-4.50-100.69%
2021647.475.39%
202011.8064.99%
20197.15-138.04%
2018-18.80-275.75%
201710.709.05%
20169.81-123.54%
2015-41.67-436.76%
201412.37-91.51%

Western Asset Investment Grade Income Fund Inc. (PAI) Average PE Ratio

How has PAI PE Ratio performed in the past?

The current PE Ratio of Western Asset Investment Grade Income Fund Inc. (PAI) 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

217.93

5-year avg

134.55

10-year avg

64.52

Western Asset Investment Grade Income Fund Inc. (PAI) PE Ratio vs. Peers

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

Western Asset Investment Grade Income Fund Inc.’s PE Ratio is greater than The Gabelli Dividend & Income Trust (8.32), greater than Voya Global Advantage and Premium Opportunity Fund (13.48), greater than Invesco California Value Municipal Income Trust (5.20), greater than Fiduciary/Claymore Energy Infrastructure Fund (0), greater than John Hancock Investors Trust (9.65), greater than PIMCO New York Municipal Income Fund (7.34), greater than Invesco Pennsylvania Value Municipal Income Trust (10.66), less than BlackRock MuniHoldings New York Quality Fund, Inc. (23.33), greater than Eaton Vance National Municipal Opportunities Trust (8.29), greater than Nuveen New York Quality Municipal Income Fund (13.19), greater than BlackRock MuniVest Fund, Inc. (15.29), less than DWS Municipal Income Trust (26.25), greater than BlackRock MuniVest Fund II, Inc. (-78.76), greater than Credit Suisse Asset Management Income Fund, Inc. (7.48), greater than Delaware Investments National Municipal Income Fund (-3.88), greater than Invesco Trust for Investment Grade New York Municipals (5.34), less than PIMCO New York Municipal Income Fund II (20.93), less than Eaton Vance New York Municipal Income Trust (16.56), less than PIMCO New York Municipal Income Fund III (18.08), less than BlackRock New York Municipal Income Trust (23.74), greater than GAMCO Natural Resources, Gold & Income Trust (9.67), greater than Nuveen Pennsylvania Quality Municipal Income Fund (12.78), greater than Invesco Advantage Municipal Income Trust II (6.93),

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