Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
IGI 
Western Asset Investment Grade Defined Opportunity Closed Fund (IGI)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: IGI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 4.53% | Avg. Invested days 53 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 181.16M USD | Price to earnings Ratio 17.22 | 1Y Target Price - |
Price to earnings Ratio 17.22 | 1Y Target Price - | ||
Volume (30-day avg) 15312 | Beta - | 52 Weeks Range 15.73 - 17.77 | Updated Date 03/30/2025 |
52 Weeks Range 15.73 - 17.77 | Updated Date 03/30/2025 | ||
Dividends yield (FY) 5.33% | Basic EPS (TTM) 0.97 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 17.22 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 5.82 |
Enterprise Value - | Price to Sales(TTM) 5.82 | ||
Enterprise Value to Revenue 5.82 | Enterprise Value to EBITDA - | Shares Outstanding 10848000 | Shares Floating - |
Shares Outstanding 10848000 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 37.13 |
Analyst Ratings
Rating 3 | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Western Asset Investment Grade Defined Opportunity Closed Fund
Company Overview
History and Background
Western Asset Investment Grade Defined Opportunity Closed Fund is a closed-end fund managed by Western Asset Management Company. It primarily invests in investment-grade corporate debt securities. The fund seeks to provide high current income, with a secondary objective of capital appreciation. Details on exact founding year and milestones were difficult to obtain.
Core Business Areas
- Investment Grade Corporate Debt: The fund invests primarily in investment-grade corporate debt securities issued by U.S. and foreign corporations. It may also invest in other fixed-income securities, such as government bonds and mortgage-backed securities.
Leadership and Structure
The fund is managed by a team of portfolio managers at Western Asset Management Company. Information on the exact leadership team for this specific fund needs further lookup on their official site.
Top Products and Market Share
Key Offerings
- Closed-End Fund Investing in Investment Grade Debt: The fund offers investors access to a portfolio of investment-grade corporate debt securities, managed by experienced portfolio managers. Specific market share data is unavailable for this particular fund but can be inferred relative to broader closed-end fund market. Competitors include other fixed income closed-end funds.
Market Dynamics
Industry Overview
The closed-end fund market is a segment of the broader investment management industry. It is influenced by factors such as interest rates, credit spreads, and investor sentiment. Demand for fixed-income investments tends to increase during times of economic uncertainty.
Positioning
The fund is positioned as an option for investors seeking high current income from investment-grade corporate debt. Its competitive advantages may include the expertise of its portfolio managers and its track record of performance.
Total Addressable Market (TAM)
The TAM for fixed income closed-end funds is in the tens of billions of dollars. Western Asset Investment Grade Defined Opportunity Closed Fund's positioning within this TAM depends on its AUM and relative performance versus peers.
Upturn SWOT Analysis
Strengths
- Experienced portfolio management team
- Focus on investment-grade corporate debt
- Potential for high current income
- Diversification within fixed income
Weaknesses
- Closed-end fund structure (can trade at a discount to NAV)
- Sensitivity to interest rate changes
- Credit risk associated with corporate debt
- Limited liquidity compared to open-end funds
Opportunities
- Increased demand for fixed-income investments
- Expansion into new fixed-income asset classes
- Growing AUM through effective marketing
- Strategic partnerships with other financial institutions
Threats
- Rising interest rates
- Economic recession
- Increased competition from other fixed-income funds
- Changes in regulatory environment
Competitors and Market Share
Key Competitors
- EAD
- GOF
- UTF
Competitive Landscape
The fund competes with other closed-end funds that invest in fixed-income securities. Its competitive advantage depends on its investment strategy, track record, and expense ratio. Competitors include both actively and passively managed funds.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Requires analysis of the fund's historical AUM and NAV growth.
Future Projections: Future projections are usually based on market conditions, interest rate forecasts and fund manager's strategies. Need analyst reports to provide projections.
Recent Initiatives: Recent strategic initiatives needs up-to-date research on the fund's activities.
Summary
Western Asset Investment Grade Defined Opportunity Closed Fund offers investors exposure to investment-grade corporate debt, potentially providing high current income. However, it's a closed-end fund, exposing it to trading at a discount to NAV. Rising interest rates and credit risk remain key concerns. The fund's success hinges on the portfolio manager's expertise and ability to navigate volatile markets.
Similar Companies
- EAD
- GOF
- UTF
Sources and Disclaimers
Data Sources:
- Company website
- Financial news articles
- Fund fact sheets
- Third-party financial data providers
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Western Asset Investment Grade Defined Opportunity Closed Fund
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2009-06-26 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Western Asset Investment Grade Defined Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited. The fund invests in fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in investment-grade corporate debt securities with varied maturities. It will liquidate on or about December 2, 2024. The fund conducts in-house research to make its investments. Western Asset Investment Grade Defined Opportunity Trust Inc. was formed on June 26, 2009 and is domiciled in the United States.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.