PAI: Bonds And The Fed May Still Be Too Optimistic [Seeking Alpha]
Western Asset Investment Grade Income Fund Inc. (PAI)
US:NYSE Investor Relations:
leggmason.com/en-us/products/closed-end-funds/western-asset-income-fund.html
Company Research
Source: Seeking Alpha
The fund has outperformed the Bloomberg U.S. Aggregate Bond Index over the past six months, but it was beaten by some other investment-grade CEFs. The fund's strategy primarily focuses on investing in long-dated investment-grade bonds, which exposes it to interest rate risk. There is a very real possibility that interest rates will remain higher than the Fed expects this year, which could cause problems for this fund going forward. The fund is probably fine to hold at this point, but the risks are very real for potential buyers. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » The Western Asset Investment Grade Income Fund NYSE: PAI ) is a closed-end fund that can be employed by those investors who are seeking to earn a high level of income from the assets in their portfolios. Unfortunately, it is not particularly good at this as its 4.92% current yield is worse than that
Show less
Read more
Impact Snapshot
Event Time:
PAI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PAI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PAI alerts
High impacting Western Asset Investment Grade Income Fund Inc. news events
Weekly update
A roundup of the hottest topics
PAI
Sec Filings
- 4/17/24 - Form DEF
- 3/11/24 - Form N-CEN
- 3/1/24 - Form N-CSR
- PAI's page on the SEC website