Western Asset Investment Grade Income Fund Inc.

Western Asset Investment Grade Income Fund Inc.verified

PAI

Price:

$12.79

Market Cap:

$121.65M

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 ROE as of September 2024 (TTM) for Western Asset Investment Grade Income Fund Inc. (PAI) is 5.94%

According to Western Asset Investment Grade Income Fund Inc.’s latest financial reports and current stock price. The company's current ROE is 5.94%. This represents a change of 189.97% compared to the average of 2.05% of the last 4 quarters.

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

How has PAI ROE performed in the past?

The mean historical ROE of Western Asset Investment Grade Income Fund Inc. over the last ten years is 3.00%. The current 5.94% ROE has changed 97.56% with respect to the historical average. Over the past ten years (40 quarters), PAI's ROE was at its highest in in the June 2019 quarter at 9.90%. The ROE was at its lowest in in the March 2022 quarter at -9.65%.

Quarterly (TTM)
Annual

Average

3.00%

Median

7.81%

Minimum

-20.50%

Maximum

14.01%

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

Discovering the peaks and valleys of Western Asset Investment Grade Income Fund Inc. ROE, 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 = 1.07%

Maximum Annual ROE = 14.01%

Minimum Annual Increase = -13426.58%

Minimum Annual ROE = -20.50%

Quarterly (TTM)
Annual
YearROEChange
20238.49%-141.41%
2022-20.50%-13426.58%
20210.15%-98.15%
20208.30%-40.72%
201914.01%-379.35%
2018-5.01%-152.50%
20179.55%-4.32%
20169.98%-542.26%
2015-2.26%-130.83%
20147.32%1.07%

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

How has PAI ROE performed in the past?

The current ROE of Western Asset Investment Grade Income Fund Inc. (PAI) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-3.95%

5-year avg

2.09%

10-year avg

3.00%

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

How is PAI’s ROE compared to its peers?

Western Asset Investment Grade Income Fund Inc.’s ROE is less than The Gabelli Dividend & Income Trust (12.62%), less than Voya Global Advantage and Premium Opportunity Fund (10.49%), less than Invesco California Value Municipal Income Trust (22.20%), less than Fiduciary/Claymore Energy Infrastructure Fund (49.70%), less than John Hancock Investors Trust (15.29%), less than PIMCO New York Municipal Income Fund (9.18%), less than Invesco Pennsylvania Value Municipal Income Trust (7.94%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.45%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Nuveen New York Quality Municipal Income Fund (10.18%), less than BlackRock MuniVest Fund, Inc. (4.18%), less than DWS Municipal Income Trust (2.78%), less than BlackRock MuniVest Fund II, Inc. (0.06%), less than Credit Suisse Asset Management Income Fund, Inc. (25.86%), less than Delaware Investments National Municipal Income Fund (1.53%), less than Invesco Trust for Investment Grade New York Municipals (20.43%), less than PIMCO New York Municipal Income Fund II (3.13%), less than Eaton Vance New York Municipal Income Trust (4.98%), less than PIMCO New York Municipal Income Fund III (3.43%), less than BlackRock New York Municipal Income Trust (3.69%), less than GAMCO Natural Resources, Gold & Income Trust (8.26%), less than Nuveen Pennsylvania Quality Municipal Income Fund (9.90%), less than Invesco Advantage Municipal Income Trust II (20.74%),

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