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IGI

Western Asset Investment Grade Defined Opportunity TrustNYSE:IGI Stock Report

Last Price

US$20.32

Market Cap

US$231.3m

7D

-2.9%

1Y

-7.4%

Updated

19 Jan, 2022

Data

Company Financials
IGI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

IGI Stock Overview

Western Asset Investment Grade Defined Opportunity Trust Inc.

Price History & Performance

Summary of all time highs, changes and price drops for Western Asset Investment Grade Defined Opportunity Trust
Historical stock prices
Current Share PriceUS$20.32
52 Week HighUS$23.77
52 Week LowUS$20.26
Beta0
1 Month Change-10.09%
3 Month Change-6.32%
1 Year Change-7.43%
3 Year Change8.95%
5 Year Change-1.84%
Change since IPO1.60%

Recent News & Updates

Nov 17

Western Asset Investment Grade Defined Opportunity Trust declares $0.0665 dividend

Western Asset Investment Grade Defined Opportunity Trust (IGI) declares $0.0665/share monthly dividend, in line with previous.Forward yield 3.74%Payable Dec. 31; for shareholders of record Dec. 23; ex-div Dec. 22.Payable Feb. 1; for shareholders of record Jan. 22; ex-div Jan. 21.Payable March. 1; for shareholders of record Feb. 19; ex-div Feb. 18.See IGI Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

IGIUS Capital MarketsUS Market
7D-2.9%-5.5%-4.6%
1Y-7.4%24.6%7.7%

Return vs Industry: IGI underperformed the US Capital Markets industry which returned 25.7% over the past year.

Return vs Market: IGI underperformed the US Market which returned 10.2% over the past year.

Price Volatility

Is IGI's price volatile compared to industry and market?
IGI volatility
IGI Average Weekly Movement3.2%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: IGI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: IGI's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009n/aKen Fullerhttps://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=IGI

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.

Western Asset Investment Grade Defined Opportunity Trust Fundamentals Summary

How do Western Asset Investment Grade Defined Opportunity Trust's earnings and revenue compare to its market cap?
IGI fundamental statistics
Market CapUS$231.27m
Earnings (TTM)US$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IGI income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$0
EarningsUS$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did IGI perform over the long term?

See historical performance and comparison

Valuation

Is Western Asset Investment Grade Defined Opportunity Trust undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Western Asset Investment Grade Defined Opportunity Trust is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Western Asset Investment Grade Defined Opportunity Trust has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Western Asset Investment Grade Defined Opportunity Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Western Asset Investment Grade Defined Opportunity Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Western Asset Investment Grade Defined Opportunity Trust performed over the past 5 years?

20.3%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Western Asset Investment Grade Defined Opportunity Trust has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Western Asset Investment Grade Defined Opportunity Trust's financial position?


In this section we usually analyse Western Asset Investment Grade Defined Opportunity Trust's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Western Asset Investment Grade Defined Opportunity Trust has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Western Asset Investment Grade Defined Opportunity Trust current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IGI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IGI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IGI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IGI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IGI's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

13.0yrs

Average board tenure


CEO

Ken Fuller (63 yo)

8.58yrs

Tenure

Mr. Kenneth Donald Fuller, also known as Ken, has been Chief Executive Officer and President of Western Asset High Income Opportunity Fund Inc. and LMP Corporate Loan Fund Inc. since June 1, 2013. He serve...


Board Members

Experienced Board: IGI's board of directors are seasoned and experienced ( 13 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Western Asset Investment Grade Defined Opportunity Trust Inc.'s employee growth, exchange listings and data sources


Key Information


Location

  • Western Asset Investment Grade Defined Opportunity Trust Inc.
  • 620 Eighth Avenue
  • 49th Floor
  • New York
  • New York
  • 10018
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:46
End of Day Share Price2022/01/19 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.