Western Asset Investment Grade Income Fund
PAI
About: Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. The company designed as a long-term investment and not as a trading vehicle. The fund seeks a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. Its portfolio is invested in securities which may be convertible into or exchangeable for, or carry warrants to purchase, common stock or other equity interests; and preferred stock.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
3% more funds holding
Funds holding: 33 [Q1] → 34 (+1) [Q2]
2% more capital invested
Capital invested by funds: $26.9M [Q1] → $27.4M (+$557K) [Q2]
0.25% more ownership
Funds ownership: 21.99% [Q1] → 22.23% (+0.25%) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
Financial journalist opinion