Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2021
May 24 2021 - 8:00AM
Business Wire
Western Asset Investment Grade Income Fund Inc. (NYSE: PAI)
today announced the financial position of the Fund as of March 31,
2021.
Current Q Previous Q Prior Yr Q March 31,
2021 December 31, 2020 March 31, 2020 Total Net
Assets
$
147,247,556
$
154,288,602
$
130,047,438
NAV Per Share of Common Stock (a)
$
15.48
$
16.23
$
13.68
Market Price Per Share
$
15.17
$
15.90
$
13.34
Premium / (Discount)
(2.00
)%
(2.03
)%
(2.49
)%
Outstanding Shares
9,509,295
9,509,295
9,503,287
Total Net Investment Income (b)
$
1,374,326
$
1,459,665
$
1,397,211
Total Net Realized/Unrealized Gain/(Loss) (b)
$
(7,088,825
)
$
6,351,516
$
(16,990,744
)
Net Increase (Decrease) in Net Assets From Operations (b)
$
(5,714,499
)
$
7,811,181
$
(15,593,533
)
Earnings per Common Share
Outstanding Total Net Investment Income (b)
$
0.14
$
0.15
$
0.15
Total Net Realized/Unrealized Gain/(Loss) (b)
$
(0.75
)
$
0.67
$
(1.79
)
Net Increase (Decrease) in Net Assets From Operations (b)
$
(0.61
)
$
0.82
$
(1.64
)
Undistributed/(Overdistributed) Net Investment Income (c)
$
(9,137
)
$
(56,916
)
$
28,318
Undistributed/(Overdistributed) Net Investment Income Per Share (c)
$
(0.00
)
*
$
(0.01
)
$
0.00
*
Footnotes:
(a)
NAVs are calculated as of the close of business on the last
business day in the periods indicated above.
(b)
For the quarter indicated.
(c)
As of the period indicated above.
*
Amount represents less than $0.01 per share.
This financial data is unaudited.
The Fund files its semi-annual and annual
reports with the Securities and Exchange Commission (“SEC”), as
well as its complete schedule of portfolio holdings for the first
and third quarters of each fiscal year as an exhibit to its reports
on Form N-PORT. These reports are available on the SEC’s website at
www.sec.gov. To obtain information on Forms N-PORT or a semi-annual
or annual report from the Fund, shareholders can call
1-888-777-0102.
Legg Mason Partners Fund Advisor, LLC, is an indirect,
wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin
Resources”).
Western Asset Investment Grade Income Fund Inc. is a closed-end
investment company that invests predominantly in a diversified
portfolio of debt securities. Its investment adviser is Western
Asset Management Company, a subsidiary of Franklin Resources.
Western Asset Management Company has managed the Fund since its
inception in March 1973.
For more information about the Fund, please call 1-888-777-0102
or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete
audited financial statements are available free of charge upon
request.
Data and commentary provided in this press release are for
informational purposes only. Franklin Resources and its affiliates
do not engage in selling shares of the Fund.
Category: Financials
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
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version on businesswire.com: https://www.businesswire.com/news/home/20210524005423/en/
Investor Contact: Fund Investor Services
1-888-777-0102
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