Western Asset Inv Grade Income Fund Inc (PAI)

15.79 -0.10  -0.63% NYSE Feb 18, 16:59 Delayed 2m USD
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Key Stats

Net Asset Value 15.83
Discount or Premium to NAV 0.38%
Turnover Ratio 52.00%
1 Year Fund Level Flows --

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 0.60% 2.03% 1.74% 43
3M -2.56% 4.32% 3.94% 58
6M 7.68% 5.36% 5.16% 29
YTD 2.74% 2.62% 2.41% 43
1Y 19.82% 14.66% 14.65% 67
3Y 8.46% 7.27% 6.81% 34
5Y 8.23% 5.93% 5.46% 34
10Y 7.70% 6.86% 7.01% 34
15Y 6.32% 5.48% 6.00% 75
20Y 8.07% 6.62% 6.28% 1
As of Feb. 14, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 0.78% 0.78% 0.00%
Stock 0.00% 0.00% 0.00%
Bond 94.24% 94.24% 0.00%
Convertible 4.69% 4.69% 0.00%
Preferred 0.28% 0.28% 0.00%
Other 0.00% 0.00% 0.00%
As of Dec. 31, 2019

Region Exposure

Americas 73.59%
North America 66.31%
Latin America 7.28%
Greater Europe 24.34%
United Kingdom 7.43%
Europe Developed 14.74%
Europe Emerging 0.15%
Africa/Middle East 2.02%
Greater Asia 2.08%
Japan 0.00%
Australasia 0.62%
Asia Developed 0.92%
Asia Emerging 0.53%
Market Classification
% Developed Markets 90.35%
% Emerging Markets 9.65%
As of Dec. 31, 2019. Region breakdown data is calculated by using the long position holdings of the portfolio.

PAI Bond Exposure

Government 5.94%
Corporate 91.68%
Securitized 0.24%
Municipal 1.36%
Cash 0.78%
Derivative 0.00%
As of Dec. 31, 2019

PAI Bond Credit Quality Exposure

AAA 1.88%
AA 4.66%
A 37.18%
BBB 47.82%
BB 5.13%
B 2.37%
Below B 0.80%
As of Dec. 31, 2019

PAI Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 0.11%
183 to 364 Days 0.48%
1 to 3 Years 7.04%
3 to 5 Years 14.23%
5 to 7 Years 13.21%
7 to 10 Years 14.41%
10 to 15 Years 8.69%
15 to 20 Years 16.64%
20 to 30 Years 22.18%
Over 30 Years 3.01%
As of Dec. 31, 2019
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- Kinder Morgan, Inc. 7.8% 1.92% -- --
-- Verizon Communications Inc. 5.15% 1.37% -- --
-- Royal Bank of Scotland Group plc 7.65% 1.35% -- --
-- Danske Bank A/S 5% 1.30% -- --
-- Anheuser-Busch InBev Worldwide Inc. 4.15% 1.05% -- --
-- Vale Overseas Limited 6.88% 1.02% -- --
-- The Boeing Company 3.1% 0.99% -- --
-- Bank of America Corporation 7.75% 0.97% -- --
-- MetLife Inc. 6.4% 0.96% -- --
-- Comcast Corporation 6.4% 0.92% -- --
As of Dec. 31, 2019
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Basic Info

Investment Strategy
The Fund will invest at least 80% of its net assets in fixed income securities that are rated in the Baa or BBB categories or above at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations (“NRSROs”) or unrated securities of comparable quality at the time of purchase (as determined by the adviser). In addition, the Fund may invest up to 20% in other fixed income securities, and not more than 25% in securities restricted as to resale.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style Medium Quality/Extensive Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name Legg Mason Partners Fund Advisor, LLC
Benchmark Index
BBgBarc US Corporate High Yield TR USD 50.00%
BBgBarc US Credit TR USD 50.00%
Reports
One Page Report Download

Manager Info

Name Tenure
Michael Buchanan 7.25 yrs
Ryan Brist 11.00 yrs
S. Leech 5.76 yrs

Net Fund Flows

1M --
3M --
6M --
YTD --
1Y --
3Y --
5Y --
10Y --
Date Unavailable

Risk Info

Beta (5Y) 1.191
Max Drawdown (All) 38.96%
Historical Sharpe Ratio (10Y) 0.718
Historical Sortino (All) 0.581
30-Day Rolling Volatility 19.12%
Daily Value at Risk (VaR) 1% (All) 2.71%
Monthly Value at Risk (VaR) 1% (All) 9.24%

Fundamentals

Dividend Yield TTM (2-18-20) 4.34%
30-Day SEC Yield (9-30-10) 4.95%
7-Day SEC Yield (4-17-19) 0.00%
Current Yield 4.50%
Yield to Maturity 3.66%
Effective Duration 7.585
Average Coupon 5.62%
Average Credit Score 11.00 (BBB)
Average Price 118.33
Number of Holdings 369
As of Dec. 31, 2019

Comparables

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Attributes

Key Dates
Inception Date 3/22/1973
Termination Date
Last Annual Report Date 12/31/2018
Last Prospectus Date 10/19/1992
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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