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Name

As of 05/03/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Western Asset Investment Grade Income Fund Inc

XPAIX | Fund

$12.80

$128 M

0.00%

0.73%

Vitals

YTD Return

-2.3%

1 yr return

0.3%

3 Yr Avg Return

-6.5%

5 Yr Avg Return

-2.6%

Net Assets

$128 M

Holdings in Top 10

10.5%

52 WEEK LOW AND HIGH

$12.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.73%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 18.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 05/03/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Western Asset Investment Grade Income Fund Inc

XPAIX | Fund

$12.80

$128 M

0.00%

0.73%

XPAIX - Profile

Distributions

  • YTD Total Return -2.3%
  • 3 Yr Annualized Total Return -6.5%
  • 5 Yr Annualized Total Return -2.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.66%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Western Asset Investment Grade Income Fund Inc
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Sep 26, 2001
  • Shares Outstanding
    9510962
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ryan Brist

Fund Description

XPAIX - Performance

Return Ranking - Trailing

Period XPAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -5.8% 3.1% 97.16%
1 Yr 0.3% -2.8% 9.5% 96.59%
3 Yr -6.5%* -10.0% 39.5% 96.53%
5 Yr -2.6%* -4.4% 26.2% 98.11%
10 Yr 0.9%* -0.6% 14.0% 96.00%

* Annualized

Return Ranking - Calendar

Period XPAIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -5.6% 6.3% 46.02%
2022 -19.9% -28.7% 142.1% 92.00%
2021 -3.3% -12.3% 4.9% 19.77%
2020 4.8% -8.0% 10.6% 66.07%
2019 10.6% 4.3% 13.4% 37.34%

Total Return Ranking - Trailing

Period XPAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -5.8% 3.1% 97.16%
1 Yr 0.3% -2.8% 9.5% 96.59%
3 Yr -6.5%* -10.0% 39.5% 96.53%
5 Yr -2.6%* -4.4% 26.2% 98.11%
10 Yr 0.9%* -0.6% 14.0% 96.00%

* Annualized

Total Return Ranking - Calendar

Period XPAIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -5.6% 12.9% 98.30%
2022 -19.9% -25.6% 151.8% 96.57%
2021 -3.3% -5.1% 7.5% 98.26%
2020 4.8% -8.0% 116.0% 97.02%
2019 13.2% 6.7% 17.4% 74.05%

NAV & Total Return History

XPAIX - Holdings

Concentration Analysis

XPAIX Category Low Category High XPAIX % Rank
Net Assets 128 M 5.45 M 47.3 B 81.82%
Number of Holdings 436 4 10179 59.09%
Net Assets in Top 10 13.5 M -29.6 M 3.67 B 83.52%
Weighting of Top 10 10.50% 1.5% 143.5% 76.70%

Top 10 Holdings

  1. Kinder Morgan, Inc. 7.8% 1.90%
  2. NatWest Group PLC 7.648% 1.40%
  3. Verizon Communications Inc. 5.15% 1.33%
  4. Magallanes Inc. 5.141% 1.27%
  5. Danske Bank A/S 5% 1.22%
  6. Anheuser-Busch InBev Worldwide Inc. 4.15% 1.05%
  7. The Boeing Company 3.1% 1.05%
  8. Vale Overseas Limited 6.875% 1.01%
  9. MetLife Inc. 6.4% 0.95%
  10. Bank of America Corporation 7.75% 0.92%

Asset Allocation

Weighting Return Low Return High XPAIX % Rank
Bonds 		92.92% 0.00% 136.47% 77.84%
Convertible Bonds 		6.07% 0.00% 78.47% 27.84%
Cash 		0.71% -43.80% 45.81% 93.18%
Preferred Stocks 		0.30% 0.00% 9.18% 18.18%
Stocks 		0.00% 0.00% 99.96% 55.68%
Other 		0.00% -1.14% 13.53% 85.23%

Bond Sector Breakdown

Weighting Return Low Return High XPAIX % Rank
Corporate 		92.27% 41.80% 99.80% 23.30%
Government 		5.52% 0.00% 25.63% 50.00%
Municipal 		1.31% 0.00% 3.62% 3.98%
Cash & Equivalents 		0.78% 0.00% 45.81% 75.00%
Securitized 		0.13% 0.00% 23.18% 81.25%
Derivative 		0.00% -0.21% 2.35% 73.30%

Bond Geographic Breakdown

Weighting Return Low Return High XPAIX % Rank
US 		63.60% 0.00% 109.04% 94.89%
Non US 		29.32% 0.00% 47.05% 5.11%

XPAIX - Expenses

Operational Fees

XPAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% 0.02% 46.23% 48.28%
Management Fee 0.70% 0.00% 1.35% 97.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

XPAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

XPAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XPAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 0.00% 259.00% 9.20%

XPAIX - Distributions

Dividend Yield Analysis

XPAIX Category Low Category High XPAIX % Rank
Dividend Yield 0.00% 0.00% 6.04% 98.30%

Dividend Distribution Analysis

XPAIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XPAIX Category Low Category High XPAIX % Rank
Net Income Ratio 3.66% 0.38% 5.93% 1.72%

Capital Gain Distribution Analysis

XPAIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Annually

Distributions History

View More +

XPAIX - Fund Manager Analysis

Managers

Ryan Brist

Start Date

Tenure

Tenure Rank

Jan 01, 2009

13.42

13.4%

– Western Asset Management Company, LLC – Head of Global Investment Grade Credit/Portfolio Manager, 2009- – Logan Circle Partners, L.P. – Chief Investment Officer, Portfolio Manager, 2007-2009 – Delaware Investment Advisors – Co-Chief Investment Officer, Sr. Portfolio Manager, 2000-2007 – Conseco Capital Management – Vice President, Corporate Bond Trading, 1995-2000 – Dean Witter Reynolds – Analyst, Corporate Finance, Retail Products Group, 1993-1995 – Indiana University, B.S. Finance – Chartered Financial Analyst

Michael Buchanan

Start Date

Tenure

Tenure Rank

Sep 30, 2012

9.67

9.7%

– Western Asset Management Company, LLC – Deputy Chief Investment Officer, 2005– – Credit Suisse Asset Management – Managing Director, Head of U.S. Credit Products, 2003–2005 – Janus Capital Management – Executive Vice President, Portfolio Manager, 2003 – BlackRock Financial Management – Managing Director, Portfolio Manager, 1998–2003 – Conseco Capital Management – Vice President, Portfolio Manager, 1990–1998 – Brown University, B.A. – Chartered Financial Analyst

S. Leech

Start Date

Tenure

Tenure Rank

Mar 31, 2014

8.17

8.2%

– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 24.76 6.74 2.47

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