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Western Asset Investment Grade Defined Opportunity Trust

Executive Summary

Western Asset Investment Grade Defined Opportunity Trust Inc. More Details


Snowflake Analysis

Share Price & News

How has Western Asset Investment Grade Defined Opportunity Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IGI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: IGI's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

-1.8%

IGI

-2.6%

US Capital Markets

-3.6%

US Market


1 Year Return

3.3%

IGI

38.2%

US Capital Markets

36.5%

US Market

Return vs Industry: IGI underperformed the US Capital Markets industry which returned 38.1% over the past year.

Return vs Market: IGI underperformed the US Market which returned 36.4% over the past year.


Shareholder returns

IGIIndustryMarket
7 Day-1.8%-2.6%-3.6%
30 Day-0.8%8.2%2.7%
90 Day-0.6%16.2%7.5%
1 Year7.5%3.3%41.5%38.2%39.5%36.5%
3 Year16.6%1.5%39.5%29.2%53.5%43.6%
5 Year33.8%4.9%140.6%110.9%117.5%93.2%

Long-Term Price Volatility Vs. Market

How volatile is Western Asset Investment Grade Defined Opportunity Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

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?

13.8%

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?

14.7%

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?


Upcoming Dividend Payment


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?

12.1yrs

Average board tenure


CEO

Ken Fuller (62 yo)

7.67yrs

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. Mr. Full...


Board Members

NamePositionTenureCompensationOwnership
Kenneth Fuller
Chairman7.67yrsno datano data
William Hutchinson
Lead Independent Director6.75yrsUS$5.15kno data
Paolo Cucchi
Independent Director12.08yrsUS$4.48kno data
Eileen Kamerick
Independent Director8yrsUS$3.91kno data
Carol Colman
Independent Director12.08yrsUS$4.73kno data
Leslie Gelb
Independent Director12.08yrsUS$4.48kno data
Daniel Cronin
Independent Director12.08yrsUS$4.73kno data
Riordan Roett
Independent Director12.08yrsUS$4.48kno data

12.1yrs

Average Tenure

76yo

Average Age

Experienced Board: IGI's board of directors are seasoned and experienced ( 12.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: IGI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Western Asset Investment Grade Defined Opportunity Trust Inc.'s company bio, 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IGINYSE (New York Stock Exchange)YesCOMUSUSDJun 2009

Biography

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 Mana...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 23:34
End of Day Share Price2021/02/26 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.