NEW YORK–(BUSINESS WIRE)–Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) announces its
portfolio composition as of March 31, 2019.
Investment Objective: The Fund’s seeks a high level of current
income, consistent with prudent investment risk through investment in a
diversified portfolio of debt securities. To a lesser extent, the Fund
may also invest in privately placed debt securities and in certain
equity securities. Capital appreciation is a secondary investment
|Investment Grade Corporate Bonds||77.1%|
|Emerging Markets Debt||11.3%|
|Corporates External Currency||4.1%|
|Sovereign Debt External Currency||7.1%|
|High Yield Corporate Bonds||8.4%|
|Cash & Other Securities||0.4%|
Credit Quality Allocation**
Top Ten Investment Grade Industries
|Consumer Non Cyclical||9.1%|
Top Five High Yield Industries
|Consumer Non Cyclical||0.9%|
|Average Life (years)||11.7|
|Effective Duration (years)||7.2|
|Average Coupon (%)||5.9|
|Inception Date||March 22, 1973|
(Daily NAV is available on market quotation systems using the symbol
|Distribution Rate||$0.0575 per share|
|Frequency||Monthly (declared monthly, paid monthly)|
Note: Prior to March 29, 2018, this fund was known as Western Asset
Portfolio holdings and weightings are historical and are presented
Credit quality is a measure of a bond issuer’s ability to repay
The difference between total assets and net assets, if any, is due
Percentages are based on total assets. If the Fund employs
Western Asset Investment Grade Income Fund Inc., a diversified
closed-end investment management company, is advised by Western Asset
Management Company, a wholly owned subsidiary of Legg Mason, Inc. and is
sub-advised by Western Asset Management Company Limited, an affiliate of
An investment in the Fund involves risk, including loss of principal.
Investment return and the value of shares will fluctuate. Fixed income
securities are subject to credit risk, inflation risk, call risk, and
interest rate risks. As interest rates rise, bond prices fall, reducing
the value of the Fund’s share price. High yield bonds are subject to
additional risk and volatility.
Data and commentary provided in this press release are for informational
purposes only. Legg Mason and its affiliates do not engage in selling
shares of the Fund.
For more information, please call Fund Investor Services at
1-888-777-0102, or consult the Fund’s web site at http://www.lmcef.com.
Hard copies of the Fund’s complete audited financial statements are
available free of charge upon request.
Fund Investor Services