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Western Asset Investment Grade Opportunity Trust Inc. (IGI)

Financial Services | Asset Management | New York, United States | NYSE
16.20 USD +0.13 (0.809%) ⇧ (July 14, 2026, 9:46 a.m. EDT)
Short-term:★★⯪☆☆Long-term:★★☆☆☆Dividends:★★★☆☆
Hot Take ↕ | July 11, 2026, 5:54 a.m. EDT

The most critical observation is the persistent structural decline in the underlying business, evidenced by a nearly 25% drop in value over the last nine years and a trailing loss of nearly 5% in the most recent fiscal year. While the asset currently trades near its five-year low, offering a headline yield of 5.3%, this payout is precarious; the company is distributing 85% of its earnings, leaving little room for error if income generation falters. The recent price action shows a lack of meaningful momentum, hovering flatly around the 50-day average while lagging significantly behind the 200-day line, suggesting the market remains skeptical of a recovery. Although the dividend has been mechanically maintained, the combination of deteriorating capital appreciation prospects and a payout ratio that consumes the majority of profits makes this a speculative hold rather than a core investment.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.011744
AutoETS0.014240
AutoARIMA0.014318
MSTL_1260.014522
MSTL0.014938
MSTL_840.017234
MSTL_84_1260.019552

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 65%
H-stat 0.75
Ljung-Box p 0.000
Jarque-Bera p 0.496
Excess Kurtosis -0.67
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-23
Last Dividend Date 2026-06-22
Market Cap 97,097,152
Trailing P/E 16.20
Previous Name Western Asset Investment Grade Defined Opportunity Trust Inc.
Website https://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=IGI

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.44% 5.22% 5.10% 4.84%
Dividend History
Date Dividend Yield %
2026-06-23 0.071 0.442920
2026-05-21 0.071 0.445980
2026-04-23 0.071 0.441268
2026-03-24 0.071 0.444862
2026-02-20 0.071 0.429782
2026-01-23 0.071 0.431349
2025-12-23 0.071 0.433720
2025-11-20 0.071 0.433455
2025-10-24 0.071 0.425404
2025-09-23 0.071 0.422871
2025-08-22 0.071 0.431087
2025-07-24 0.071 0.433720
2025-06-23 0.071 0.435583
2025-05-22 0.071 0.437731
2025-04-23 0.071 0.444028
2025-03-24 0.071 0.429522
2025-02-21 0.071 0.424641
2025-01-24 0.071 0.434517
2024-12-23 0.071 0.431873
2024-11-21 0.071 0.427453
2024-10-24 0.071 0.419622
2024-09-23 0.071 0.394007
2024-08-23 0.071 0.398429
2024-07-24 0.071 0.412551
2024-06-21 0.071 0.412791
2024-05-22 0.070 0.414446
2024-04-22 0.070 0.417412
2024-03-20 0.070 0.408163
2024-02-21 0.070 0.411039
2024-01-23 0.070 0.406032
2023-12-20 0.070 0.401146
2023-11-21 0.069 0.425401
2023-10-23 0.069 0.451571
2023-09-21 0.069 0.435057
2023-08-23 0.067 0.413580
2023-07-21 0.067 0.404834
2023-06-22 0.067 0.408786
2023-05-22 0.067 0.410791
2023-04-20 0.067 0.395747
2023-03-23 0.067 0.398810
2023-02-17 0.067 0.392962
2023-01-23 0.067 0.393423
2022-12-21 0.067 0.407791
2022-11-21 0.067 0.415118
2022-10-21 0.067 0.437337
2022-09-22 0.067 0.402644
2022-08-23 0.067 0.388406
2022-07-21 0.067 0.393192
2022-06-22 0.067 0.403858
2022-05-20 0.067 0.394118
2022-04-21 0.067 0.377465
2022-03-23 0.067 0.362554
2022-02-17 0.067 0.345896
2022-01-21 0.067 0.332506
2021-12-22 0.067 0.295806
2021-11-19 0.067 0.302074
2021-10-21 0.067 0.308898
2021-09-22 0.067 0.286325
2021-08-23 0.067 0.306777
2021-07-22 0.067 0.305936
2021-06-22 0.067 0.314259
2021-05-20 0.067 0.317235
2021-04-22 0.067 0.310473
2021-03-23 0.067 0.320574
2021-02-18 0.067 0.310329
2021-01-21 0.067 0.307199
2020-12-22 0.067 0.299241
2020-11-19 0.067 0.312646
2020-10-22 0.067 0.322736
2020-09-22 0.067 0.315146
2020-08-21 0.071 0.322727
2020-07-23 0.071 0.325390
2020-06-22 0.071 0.326287
2020-05-20 0.071 0.336174
2020-04-22 0.071 0.350617
2020-03-23 0.071 0.443750
2020-02-20 0.077 0.351598
2020-01-23 0.077 0.352080
2019-12-19 0.077 0.353698
2019-11-21 0.085 0.396825
2019-10-17 0.085 0.400566
2019-09-19 0.085 0.410430
2019-08-22 0.085 0.403417
2019-07-18 0.085 0.392973
2019-06-20 0.085 0.399812
2019-05-23 0.085 0.412421
2019-04-17 0.085 0.434560
2019-03-21 0.085 0.426279
2019-02-14 0.085 0.434116
2019-01-17 0.085 0.455520
2018-12-20 0.085 0.490479
2018-11-21 0.085 0.467033
2018-10-18 0.085 0.454545
2018-09-20 0.085 0.419132
2018-08-23 0.085 0.419753
2018-07-19 0.085 0.418926
2018-06-21 0.085 0.414634
2018-05-24 0.085 0.397940
2018-04-19 0.085 0.417076
2018-03-22 0.085 0.385488
2018-02-15 0.085 0.413223
2018-01-18 0.085 0.389908
2017-12-21 0.085 0.377778
2017-11-22 0.085 0.393883
2017-10-19 0.085 0.401133
2017-09-21 0.085 0.402653
2017-08-23 0.090 0.404676
2017-07-19 0.090 0.419972
2017-06-21 0.090 0.423131
2017-05-17 0.090 0.434993
2017-04-19 0.090 0.439024
2017-03-22 0.090 0.444664
2017-02-15 0.090 0.437743
2017-01-18 0.090 0.424929
2016-12-21 0.090 0.446650
2016-11-16 0.100 0.477327
2016-10-19 0.100 0.476644
2016-09-21 0.100 0.459770
2016-08-17 0.100 0.446229
2016-07-20 0.100 0.466200
2016-06-15 0.100 0.463177
2016-05-18 0.100 0.462535
2016-04-20 0.100 0.474158
2016-03-16 0.100 0.487805
2016-02-17 0.100 0.515464
2016-01-20 0.100 0.507099
2015-12-16 0.100 0.493827
2015-11-18 0.100 0.491159
2015-10-21 0.100 0.490437
2015-09-16 0.100 0.494560
2015-08-19 0.100 0.487092
2015-07-22 0.100 0.485909
2015-06-17 0.100 0.487805
2015-05-20 0.100 0.484966
2015-04-15 0.100 0.477099
2015-03-18 0.100 0.481928
2015-02-18 0.100 0.472813
2015-01-21 0.100 0.469704
2014-12-17 0.100 0.492854
2014-11-19 0.100 0.487567
2014-10-22 0.100 0.493340
2014-09-17 0.100 0.492611
2014-08-20 0.100 0.469484
2014-07-16 0.100 0.481928
2014-06-18 0.100 0.485201
2014-05-21 0.100 0.490196
2014-04-15 0.100 0.495540
2014-03-19 0.100 0.498753
2014-02-19 0.100 0.500000
2014-01-22 0.100 0.503525
2013-12-18 0.410 2.126556
2013-11-20 0.100 0.501253
2013-10-16 0.100 0.513084
2013-09-18 0.100 0.515730
2013-08-21 0.100 0.502260
2013-07-17 0.100 0.479846
2013-06-19 0.100 0.479386
2013-05-22 0.100 0.437445
2013-04-17 0.100 0.439560
2013-03-13 0.100 0.444444
2013-02-13 0.100 0.451264
2013-01-16 0.100 0.431034
2012-11-20 0.104 0.452174
2012-10-17 0.105 0.446239
2012-09-19 0.105 0.444162
2012-08-22 0.105 0.464396
2012-07-18 0.105 0.457516
2012-06-20 0.105 0.475543
2012-05-16 0.105 0.461741
2012-04-18 0.105 0.471063
2012-03-21 0.105 0.490884
2012-02-15 0.105 0.482759
2012-01-18 0.105 0.472760
2011-12-14 0.246 1.171987
2011-11-16 0.105 0.493885
2011-10-19 0.105 0.517496
2011-09-21 0.105 0.480549
2011-08-17 0.105 0.486111
2011-07-20 0.105 0.507246
2011-06-15 0.105 0.516732
2011-05-18 0.105 0.508228
2011-04-19 0.105 0.522388
2011-03-16 0.105 0.540123
2011-02-16 0.105 0.539291
2011-01-19 0.105 0.537634
2010-12-21 0.142 0.718987
2010-11-17 0.105 0.510949
2010-10-20 0.105 0.475543
2010-09-15 0.105 0.477273
2010-08-18 0.105 0.487692
2010-07-21 0.105 0.487239
2010-06-16 0.105 0.502633
2010-05-19 0.105 0.515717
2010-04-21 0.105 0.509461
2010-03-17 0.105 0.517241
2010-02-17 0.105 0.521610
2010-01-20 0.105 0.528169
2009-12-16 0.105 0.531646
2009-11-18 0.105 0.536261
2009-10-21 0.105 0.543197
2009-09-16 0.105 0.543760
2009-08-12 0.105 0.535714
Additional Data
dividendRate 0.85
dividendYield 5.3
exDividendDate 2026-07-24
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.071
lastDividendDate 2026-06-23
dividendDate 2019-03-01

Info Dump

Attribute Value
52 Week Change -0.020719051
Address1 One Madison Avenue
Address2 17th Floor
All Time High 24.89
All Time Low 15.05
Ask 16.2
Ask Size 3,900
Average Daily Volume10 Day 7,150
Average Daily Volume3 Month 18,172
Average Volume 18,172
Average Volume10Days 7,150
Bid 16.02
Bid Size 1,000
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 16.2
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 16.1633
Day Low 16.1633
Display Name Western Asset Investment Grade Defined Opportunity Trust
Dividend Date 1,551,398,400
Dividend Rate 0.85
Dividend Yield 5.3
Ebitda Margins 0.0
Eps Trailing Twelve Months 1.0
Esg Populated 0
Ex Dividend Date 1,784,851,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.0804
Fifty Day Average Change 0.119600296
Fifty Day Average Change Percent 0.007437644
Fifty Two Week Change Percent -2.0719051
Fifty Two Week High 17.09
Fifty Two Week High Change -0.8899994
Fifty Two Week High Change Percent -0.0520772
Fifty Two Week Low 15.78
Fifty Two Week Low Change 0.42000103
Fifty Two Week Low Change Percent 0.026616035
Fifty Two Week Range 15.78 - 17.09
First Trade Date Milliseconds 1,246,455,000,000
Five Year Avg Dividend Yield 4.76
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.000120000004
Held Percent Institutions 0.4941
Implied Shares Outstanding 5,993,651
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,782,172,800
Last Dividend Value 0.071
Long Business Summary Western Asset Investment Grade 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 Opportunity Trust Inc. was formed on June 26, 2009 and is domiciled in the United States.
Long Name Western Asset Investment Grade Opportunity Trust Inc.
Market us_market
Market Cap 97,097,152
Market State REGULAR
Max Age 86,400
Message Board Id finmb_58272009
Name Change Date 2,026-07-14
Non Diluted Market Cap 96,317,955
Open 16.2
Operating Margins 0.0
Payout Ratio 0.852
Phone 800-822-5544
Prev Name Western Asset Investment Grade Defined Opportunity Trust Inc.
Previous Close 16.07
Price Hint 2
Profit Margins 0.0
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.13000107
Regular Market Change Percent 0.8089675
Regular Market Day High 16.1633
Regular Market Day Low 16.1633
Regular Market Day Range 16.1633 - 16.1633
Regular Market Open 16.2
Regular Market Previous Close 16.07
Regular Market Price 16.2
Regular Market Time 1,784,036,764
Regular Market Volume 401
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 5,993,650
Shares Percent Shares Out 0.0007
Shares Short 4,181
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 8,757
Short Name Western Asset Investment Grade
Short Percent Of Float 0.00090000004
Short Ratio 0.26
Source Interval 15
State NY
Symbol IGI
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.0
Trailing P E 16.2
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.33775
Two Hundred Day Average Change -0.13774872
Two Hundred Day Average Change Percent -0.008431315
Type Disp Equity
Volume 401
Website https://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=IGI
Zip 10,010