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Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NYSE:PAI

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

$11.94
0.00 (0.00%)
(As of 03/18/2024 ET)
Today's Range
$11.94
$12.00
50-Day Range
$11.80
$12.24
52-Week Range
$10.59
$12.63
Volume
11,834 shs
Average Volume
25,093 shs
Market Capitalization
$113.37 million
P/E Ratio
N/A
Dividend Yield
4.77%
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

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They said crypto was dead. It went up 100X.
Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.
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

Today
3/18/2024
Ex-Dividend for 4/1 Dividend
3/20/2024
Dividend Payable
4/01/2024
Ex-Dividend for 5/1 Dividend
4/22/2024
Dividend Payable
5/01/2024
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
Market Cap
$113.37 million
Optionable
Not Optionable
Beta
0.50
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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 on January 1st, 2024. Since then, PAI shares have decreased by 0.8% and is now trading at $11.94.
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 decline in short interest in February. As of February 29th, there was short interest totaling 1,700 shares, a decline of 55.3% from the February 14th total of 3,800 shares. Based on an average daily volume of 25,800 shares, the short-interest ratio is currently 0.1 days.
View Western Asset Investment Grade Income Fund's Short Interest
.

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 Thursday, February 22nd. Investors of record on Thursday, May 23rd will be paid a dividend of $0.049 per share on Monday, June 3rd. This represents a $0.59 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date 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 4.75%. 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 many different institutional and retail investors. Top institutional shareholders include 1607 Capital Partners LLC (9.27%), Allspring Global Investments Holdings LLC (1.53%), SeaBridge Investment Advisors LLC (1.34%), Clifford Swan Investment Counsel LLC (0.63%), Tortoise Investment Management LLC (0.32%) and Meadow Creek Wealth Advisors LLC (0.31%).
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 3/19/2024 by MarketBeat.com Staff

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