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PAI

Western Asset Investment Grade Income Fund NYSE:PAI Stock Report

Last Price

US$11.57

Market Cap

US$111.3m

7D

0.5%

1Y

-7.4%

Updated

30 Nov, 2023

Data

Company Financials

Western Asset Investment Grade Income Fund Inc.

NYSE:PAI Stock Report

Mkt Cap: US$111.3m

PAI Stock Overview

Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company.

PAI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends1/6

Western Asset Investment Grade Income Fund Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Western Asset Investment Grade Income Fund
Historical stock prices
Current Share PriceUS$11.57
52 Week HighUS$13.05
52 Week LowUS$10.59
Beta0.51
1 Month Change8.13%
3 Month Change0.35%
1 Year Change-7.44%
3 Year Change-24.85%
5 Year Change-17.36%
Change since IPO-25.35%

Recent News & Updates

PAI: Yield Is Too Low, Just Buy Treasuries

Oct 02

WDI And PAI: Attractively Discounted And Delivering Investors Income

Jul 17

Recent updates

PAI: Yield Is Too Low, Just Buy Treasuries

Oct 02

WDI And PAI: Attractively Discounted And Delivering Investors Income

Jul 17

Shareholder Returns

PAIUS Capital MarketsUS Market
7D0.5%1.4%0.09%
1Y-7.4%2.5%10.4%

Return vs Industry: PAI underperformed the US Capital Markets industry which returned 2.5% over the past year.

Return vs Market: PAI underperformed the US Market which returned 10.4% over the past year.

Price Volatility

Is PAI's price volatile compared to industry and market?
PAI volatility
PAI Average Weekly Movement1.7%
Capital Markets Industry Average Movement2.1%
Market Average Movement6.0%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
1973n/aKen Fullerhttps://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=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.

Western Asset Investment Grade Income Fund Inc. Fundamentals Summary

How do Western Asset Investment Grade Income Fund's earnings and revenue compare to its market cap?
PAI fundamental statistics
Market CapUS$111.26m
Earnings (TTM)-US$24.49m
Revenue (TTM)US$6.56m

16.8x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PAI income statement (TTM)
RevenueUS$6.56m
Cost of RevenueUS$0
Gross ProfitUS$6.56m
Other ExpensesUS$31.05m
Earnings-US$24.49m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.58
Gross Margin100.00%
Net Profit Margin-373.06%
Debt/Equity Ratio0%

How did PAI perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

-22%

Payout Ratio

Does PAI pay a reliable dividends?

See PAI dividend history and benchmarks
When do you need to buy PAI by to receive an upcoming dividend?
Western Asset Investment Grade Income Fund dividend dates
Ex Dividend DateDec 20 2023
Dividend Pay DateDec 29 2023
Days until Ex dividend19 days
Days until Dividend pay date28 days

Does PAI pay a reliable dividends?

See PAI dividend history and benchmarks