PAI
Price:
$12.45
Market Cap:
$118.41M
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
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.
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%.
Average
3.00%
Median
7.81%
Minimum
-20.50%
Maximum
14.01%
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%
Year | ROE | Change |
---|---|---|
2023 | 8.49% | -141.41% |
2022 | -20.50% | -13426.58% |
2021 | 0.15% | -98.15% |
2020 | 8.30% | -40.72% |
2019 | 14.01% | -379.35% |
2018 | -5.01% | -152.50% |
2017 | 9.55% | -4.32% |
2016 | 9.98% | -542.26% |
2015 | -2.26% | -130.83% |
2014 | 7.32% | 1.07% |
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.’s ROE is less than The Gabelli Dividend & Income Trust (10.66%), less than Voya Global Advantage and Premium Opportunity Fund (7.87%), less than Invesco California Value Municipal Income Trust (18.35%), less than Fiduciary/Claymore Energy Infrastructure Fund (49.70%), less than John Hancock Investors Trust (10.21%), less than PIMCO New York Municipal Income Fund (9.18%), less than Invesco Pennsylvania Value Municipal Income Trust (8.25%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.63%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Nuveen New York Quality Municipal Income Fund (7.27%), less than BlackRock MuniVest Fund, Inc. (5.73%), less than DWS Municipal Income Trust (3.59%), greater than BlackRock MuniVest Fund II, Inc. (-1.05%), less than Credit Suisse Asset Management Income Fund, Inc. (13.23%), greater than Delaware Investments National Municipal Income Fund (-23.62%), less than Invesco Trust for Investment Grade New York Municipals (16.50%), 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 (3.54%), less than GAMCO Natural Resources, Gold & Income Trust (6.79%), less than Nuveen Pennsylvania Quality Municipal Income Fund (6.55%), less than Invesco Advantage Municipal Income Trust II (12.62%),
Company | ROE | Market cap |
---|---|---|
10.66% | $1.79B | |
7.87% | $175.44M | |
18.35% | $495.19M | |
49.70% | $85.91M | |
10.21% | $122.86M | |
9.18% | $62.60M | |
8.25% | $264.27M | |
3.63% | $322.98M | |
11.25% | $266.40M | |
7.27% | $354.62M | |
5.73% | $450.34M | |
3.59% | $386.24M | |
-1.05% | $228.22M | |
13.23% | $158.74M | |
-23.62% | $130.33M | |
16.50% | $221.07M | |
3.13% | $83.02M | |
4.98% | $81.95M | |
3.43% | $33.80M | |
3.54% | $253.71M | |
6.79% | $95.44M | |
6.55% | $438.05M | |
12.62% | $396.99M |
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How does the current ROE for Western Asset Investment Grade Income Fund Inc. (PAI) compare to its historical average?