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Western Asset Investment Grade Income Fund Inc. (PAI)

Financial Services | Asset Management | Pasadena, United States | NYSE
12.28 USD +0.03 (0.286%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 12.28 -0.02 (-0.020%) ⇩ (April 17, 2026, 4:04 p.m. EDT)
Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 3:54 p.m. EDT

PAI (Western Asset Investment Grade Income Fund Inc.) shows a mixed picture. Short-term momentum appears weak, with recent price movements hovering around the 52-week low and the stock trading below both the 50-day and 200-day moving averages. This suggests potential for a short-term rebound or consolidation, but with limited immediate upward momentum. The dividend yield is attractive at 5.14%, with consistent payouts, indicating a reliable income stream for dividend-focused investors. However, the long-term outlook is tempered by the stock's low valuation relative to its book value and the overall market conditions. While the fund's fundamentals remain solid, the recent dip and mixed short-term signals suggest a cautious approach for long-term investors, who might consider buying on dips if the fundamentals continue to hold.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.018130
MSTL0.018164
AutoETS0.018318
AutoTheta0.023275

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 55%
H-stat 2.61
Ljung-Box p 0.000
Jarque-Bera p 0.253
Excess Kurtosis -1.13
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-22
Last Dividend Date 2026-03-23
Revenue per Share 0.75
Market Cap 116,794,624
Trailing P/E 12.04
Beta 0.51
Profit Margins 135.20%
Website https://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=PAI

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.44% 5.22% 5.39% 5.28%
Dividend History
Date Dividend Yield %
2026-03-24 0.053 0.438379
2026-02-20 0.053 0.419482
2025-12-31 0.053 0.428316
2025-12-10 0.053 0.432556
2025-11-20 0.053 0.438650
2025-10-24 0.053 0.427656
2025-09-23 0.053 0.422453
2025-08-22 0.053 0.430211
2025-07-24 0.053 0.431674
2025-06-23 0.053 0.443961
2025-05-22 0.053 0.447669
2025-04-23 0.053 0.459264
2025-03-24 0.053 0.435039
2025-02-21 0.052 0.432652
2025-01-24 0.052 0.448203
2024-12-23 0.052 0.450100
2024-11-21 0.052 0.448364
2024-10-24 0.052 0.447358
2024-09-23 0.052 0.437322
2024-08-23 0.052 0.451046
2024-07-24 0.052 0.468689
2024-06-21 0.052 0.472272
2024-05-22 0.049 0.447702
2024-04-22 0.049 0.444718
2024-03-20 0.049 0.453636
2024-02-21 0.049 0.454362
2024-01-23 0.049 0.458520
2023-12-20 0.049 0.455809
2023-11-21 0.048 0.473072
2023-10-23 0.048 0.504234
2023-09-21 0.047 0.472195
2023-08-23 0.047 0.462674
2023-07-21 0.047 0.459414
2023-06-22 0.047 0.465231
2023-05-22 0.047 0.466309
2023-04-20 0.047 0.454135
2023-03-23 0.047 0.469240
2023-02-17 0.047 0.445853
2023-01-23 0.047 0.445397
2022-12-21 0.047 0.467119
2022-11-21 0.047 0.477446
2022-10-21 0.047 0.514830
2022-09-22 0.047 0.480229
2022-08-23 0.047 0.456305
2022-07-21 0.047 0.454737
2022-06-22 0.047 0.483368
2022-05-20 0.047 0.459427
2022-04-21 0.047 0.438828
2022-03-23 0.047 0.428223
2022-02-17 0.047 0.417246
2022-01-21 0.047 0.396768
2021-12-22 0.047 0.373622
2021-11-19 0.047 0.343676
2021-10-21 0.047 0.372206
2021-09-22 0.047 0.351089
2021-08-23 0.047 0.371536
2021-07-22 0.047 0.378152
2021-06-22 0.047 0.386522
2021-05-20 0.047 0.387970
2021-04-22 0.047 0.393569
2021-03-23 0.047 0.399042
2021-02-18 0.047 0.381838
2021-01-21 0.047 0.382742
2020-12-22 0.047 0.377845
2020-11-19 0.047 0.394123
2020-10-22 0.047 0.394309
2020-09-22 0.050 0.397627
2020-08-21 0.050 0.419059
2020-07-23 0.050 0.408740
2020-06-22 0.050 0.423124
2020-05-20 0.053 0.488101
2020-04-22 0.053 0.499114
2020-03-23 0.053 0.617381
2020-02-20 0.055 0.461256
2020-01-23 0.055 0.458787
2019-12-19 0.055 0.470446
2019-11-21 0.058 0.476690
2019-10-17 0.058 0.498027
2019-09-19 0.058 0.498289
2019-08-22 0.058 0.517686
2019-07-18 0.058 0.509563
2019-06-20 0.058 0.529388
2019-05-23 0.058 0.551455
2019-04-17 0.058 0.556415
2019-03-21 0.058 0.557487
2019-02-14 0.058 0.579600
2019-01-17 0.058 0.608435
2018-12-20 0.058 0.589694
2018-11-21 0.058 0.600045
2018-10-18 0.058 0.615832
2018-09-20 0.058 0.603484
2018-08-23 0.058 0.593819
2018-07-19 0.058 0.610865
2018-06-21 0.058 0.615311
2018-05-24 0.058 0.612951
2018-04-19 0.058 0.610169
2018-03-22 0.058 0.606981
2018-02-15 0.058 0.593226
2018-01-18 0.058 0.556112
2017-12-21 0.058 0.545316
2017-11-22 0.058 0.542458
2017-10-19 0.058 0.529969
2017-09-21 0.058 0.514644
2017-08-23 0.058 0.540404
2017-07-19 0.058 0.563187
2017-06-21 0.058 0.566058
2017-05-17 0.058 0.596596
2017-04-19 0.058 0.604781
2017-03-22 0.058 0.620069
2017-02-15 0.058 0.614367
2017-01-18 0.058 0.625133
2016-12-21 0.058 0.622849
2016-11-16 0.058 0.632470
2016-10-19 0.058 0.615059
2016-09-21 0.058 0.596658
2016-08-17 0.058 0.591489
2016-07-20 0.058 0.634870
2016-06-15 0.058 0.652517
2016-05-18 0.058 0.660439
2016-04-20 0.058 0.676400
2016-03-16 0.058 0.703649
2016-02-17 0.058 0.737712
2016-01-20 0.058 0.731796
2015-12-16 0.058 0.716513
2015-11-18 0.058 0.713149
2015-10-21 0.058 0.709826
2015-09-16 0.058 0.716154
2015-08-19 0.058 0.718207
2015-07-22 0.058 0.725724
2015-06-17 0.058 0.735636
2015-05-20 0.058 0.721750
2015-04-15 0.058 0.693712
2015-03-18 0.058 0.707754
2015-02-18 0.058 0.721266
2015-01-21 0.058 0.723289
2014-12-17 0.058 0.731774
2014-11-19 0.058 0.737732
2014-10-22 0.058 0.743705
2014-09-17 0.058 0.741939
2014-08-20 0.058 0.732632
2014-07-16 0.058 0.738986
2014-06-18 0.058 0.738349
2014-05-21 0.058 0.740948
2014-04-15 0.058 0.750682
2014-03-19 0.058 0.778554
2014-02-19 0.058 0.782552
2014-01-22 0.058 0.777727
2013-12-18 0.058 0.807294
2013-11-20 0.058 0.807802
2013-10-16 0.058 0.823558
2013-09-18 0.058 0.828632
2013-08-21 0.058 0.865899
2013-07-17 0.058 0.827923
2013-06-19 0.058 0.816407
2013-05-22 0.058 0.761693
2013-04-17 0.058 0.745211
2013-03-13 0.058 0.757678
2013-02-13 0.058 0.747109
2013-01-16 0.058 0.734897
2012-12-12 0.058 0.723126
2012-11-20 0.060 0.714967
2012-10-17 0.060 0.726412
2012-09-19 0.060 0.733414
2012-08-22 0.060 0.772482
2012-07-18 0.060 0.803146
2012-06-20 0.060 0.837437
2012-05-16 0.060 0.829660
2012-04-18 0.060 0.826723
2012-03-21 0.060 0.815198
2012-02-15 0.060 0.842038
2012-01-18 0.060 0.880219
2011-12-14 0.060 0.888796
2011-11-16 0.060 0.897466
2011-10-19 0.060 0.895457
2011-09-21 0.060 0.897517
2011-08-17 0.060 0.914460
2011-07-20 0.060 0.923493
2011-06-15 0.060 0.934110
2011-05-18 0.065 0.987104
2011-04-19 0.065 1.026254
2011-03-16 0.065 1.037847
2011-02-11 0.065 1.052894
2011-01-12 0.065 1.062418
2010-12-21 0.065 1.068666
2010-11-10 0.065 1.025057
2010-10-13 0.065 1.023903
2010-09-13 0.065 1.018232
2010-08-11 0.065 1.001704
2010-07-13 0.065 1.045584
2010-06-11 0.065 1.114214
2010-05-12 0.065 1.070599
2010-04-13 0.065 1.076695
2010-03-11 0.065 1.120371
2010-02-10 0.070 1.234119
2010-01-13 0.070 1.213781
2009-12-11 0.070 1.223307
2009-11-10 0.075 1.374060
2009-10-13 0.075 1.335433
2009-09-11 0.080 1.397297
2009-08-12 0.080 1.437133
2009-07-13 0.080 1.551508
2009-06-11 0.080 1.655982
2009-05-13 0.080 1.739861
2009-04-13 0.080 1.788105
2009-03-11 0.080 1.919327
2009-02-11 0.080 1.700117
2009-01-13 0.080 1.743617
2008-12-11 0.080 2.001827
2008-11-12 0.080 2.035743
2008-10-10 0.080 2.202596
2008-09-11 0.078 1.577703
2008-08-13 0.078 1.592782
2008-07-11 0.078 1.558212
2008-06-11 0.078 1.436191
2008-05-19 0.045 0.821279
2008-05-13 0.078 1.431207
2008-04-11 0.078 1.490604
2008-03-12 0.078 1.461145
2008-02-13 0.078 1.386519
2008-01-11 0.078 1.412356
2007-12-12 0.204 3.910159
2007-11-13 0.078 1.522991
2007-10-11 0.078 1.436615
2007-09-12 0.078 1.459460
2007-08-13 0.078 1.525826
2007-07-11 0.078 1.463459
2007-06-13 0.078 1.443436
2007-05-16 0.073 1.298171
2007-05-11 0.075 1.347052
2007-04-11 0.075 1.394505
2007-03-13 0.075 1.394075
2007-02-13 0.075 1.376247
2007-01-11 0.075 1.383016
2006-12-20 0.070 1.274579
2006-12-13 0.075 1.380673
2006-11-13 0.075 1.415875
2006-10-11 0.075 1.440036
2006-09-13 0.072 1.437511
2006-08-11 0.072 1.452718
2006-07-12 0.072 1.524864
2006-06-13 0.072 1.524069
2006-05-11 0.072 1.513452
2006-04-11 0.072 1.519076
2006-03-13 0.072 1.487587
2006-01-11 0.072 1.488803
2005-12-13 0.072 1.569013
2005-11-10 0.072 1.561284
2005-10-12 0.072 1.510710
2005-09-13 0.072 1.463465
2005-08-11 0.072 1.490375
2005-07-13 0.072 1.482604
2005-05-20 0.215 4.654377
2005-02-23 0.225 4.691213
2004-11-19 0.735 15.657844
2004-08-25 0.234 5.268875
2004-05-14 0.234 5.814126
2004-02-23 0.250 5.665082
2003-11-14 0.240 5.639121
2003-08-27 0.246 6.197752
2003-05-16 0.248 5.996738
2003-02-14 0.246 6.182401
2002-11-15 0.250 6.622061
2002-08-30 0.250 6.707555
2002-05-17 0.250 6.582016
2002-02-20 0.250 6.842387
2001-11-20 0.265 7.292681
2001-08-29 0.265 7.424639
2001-05-22 0.265 7.675859
2001-02-20 0.265 7.834099
2000-11-29 0.020 0.687910
2000-11-17 0.265 9.129338
2000-08-29 0.265 9.094945
2000-04-18 0.260 9.381368
2000-02-29 0.260 10.029981
1999-11-10 0.285 10.676353
1999-08-24 0.250 9.346833
1999-05-27 0.275 9.683051
1999-02-24 0.275 8.877512
1998-12-09 0.645 20.293214
1998-08-25 0.295 9.626326
1998-05-13 0.295 10.029711
1998-02-25 0.295 9.941883
1997-12-09 0.675 24.082005
1997-08-26 0.295 11.156827
1997-05-14 0.295 12.001444
1997-02-26 0.295 12.038491
1996-12-10 0.590 25.410064
1996-08-21 0.295 13.115721
1996-05-15 0.295 13.615846
1996-02-21 0.295 13.094556
1995-11-21 0.300 13.924414
1995-08-22 0.300 14.707118
1995-05-19 0.300 15.283262
1995-02-17 0.300 15.332359
1994-11-18 0.380 21.738125
1994-08-19 0.300 16.114104
1994-05-20 0.300 15.631808
1994-02-18 0.300 15.310196
1993-11-23 0.320 16.510864
1993-11-18 0.320 16.326832
1993-08-20 0.320 16.776313
1993-05-21 0.320 16.719283
1993-02-22 0.320 17.175033
1992-11-16 0.350 20.238140
1992-08-21 0.350 19.440200
1992-05-22 0.350 20.797288
1992-02-24 0.350 22.144881
1991-11-22 0.365 22.689914
1991-08-16 0.365 23.976541
1991-05-17 0.365 26.039432
1991-02-25 0.365 27.172737
1990-11-16 0.350 29.317421
1990-08-20 0.370 29.539292
1990-05-21 0.370 30.341156
1990-02-16 0.370 29.814306
1989-11-24 0.370 29.071140
1989-08-21 0.385 30.995603
1989-05-22 0.385 32.573268
1989-02-21 0.385 34.905373
1988-11-18 0.395 34.636714
1988-08-23 0.462 42.252314
1988-05-23 0.370 35.173596
1988-02-22 0.370 34.050845
1987-11-23 0.755 78.019456
1987-08-24 0.385 39.714507
1987-05-26 0.385 41.043601
1987-02-24 0.385 36.566692
Additional Data
dividendRate 0.63
dividendYield 5.13
exDividendDate 2026-04-23
trailingAnnualDividendRate 0.627
trailingAnnualDividendYield 0.051204573
lastDividendValue 0.053
lastDividendDate 2026-03-24
dividendDate 2019-03-01

Info Dump

Attribute Value
52 Week Change 0.024247527
Address1 385 East Colorado Boulevard
All Time High 17.79
All Time Low 8.39
Ask 12.3
Ask Size 700
Average Daily Volume10 Day 11,550
Average Daily Volume3 Month 12,819
Average Volume 12,819
Average Volume10Days 11,550
Beta 0.511
Bid 12.29
Bid Size 500
Book Value 13.236
City Pasadena
Compensation As Of Epoch Date 1,388,448,000
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.28
Current Ratio 1.426
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 12.345
Day Low 12.15
Display Name Western Asset Investment Grade Income Fund
Dividend Date 1,551,398,400
Dividend Rate 0.63
Dividend Yield 5.13
Earnings Growth 0.267
Earnings Quarterly Growth 0.267
Earnings Timestamp End 1,740,653,940
Earnings Timestamp Start 1,740,653,940
Ebitda Margins 0.0
Enterprise To Revenue 16.366
Enterprise Value 116,777,656
Eps Trailing Twelve Months 1.02
Esg Populated 0
Ex Dividend Date 1,776,902,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 626 844 9450
Fifty Day Average 12.3868
Fifty Day Average Change -0.10680008
Fifty Day Average Change Percent -0.0086220885
Fifty Two Week Change Percent 2.4247527
Fifty Two Week High 13.66
Fifty Two Week High Change -1.3800001
Fifty Two Week High Change Percent -0.1010249
Fifty Two Week Low 11.72
Fifty Two Week Low Change 0.55999947
Fifty Two Week Low Change Percent 0.047781523
Fifty Two Week Range 11.72 - 13.66
Financial Currency USD
First Trade Date Milliseconds 322,151,400,000
Five Year Avg Dividend Yield 4.57
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 7,135,269
Has Pre Post Market Data 1
Held Percent Insiders 0.000120000004
Held Percent Institutions 0.33396998
Implied Shares Outstanding 9,510,963
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,774,310,400
Last Dividend Value 0.053
Last Fiscal Year End 1,767,139,200
Long Business Summary Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index. Western Asset Income Fund was formed on March 22, 1973 and is domiciled in the United States.
Long Name Western Asset Investment Grade Income Fund Inc.
Market us_market
Market Cap 116,794,624
Market State CLOSED
Max Age 86,400
Message Board Id finmb_6890672
Most Recent Quarter 1,767,139,200
Net Income To Common 9,646,606
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 116,794,613
Open 12.27
Operating Margins 0.8633
Payout Ratio 0.6167
Phone 626 844 9400
Post Market Change -0.020000458
Post Market Change Percent -0.16260535
Post Market Price 12.28
Post Market Time 1,776,456,261
Previous Close 12.245
Price Hint 2
Price To Book 0.9277727
Price To Sales Trailing12 Months 16.368637
Profit Margins 1.35196
Quick Ratio 1.179
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0349998
Regular Market Change Percent 0.28583
Regular Market Day High 12.345
Regular Market Day Low 12.15
Regular Market Day Range 12.15 - 12.345
Regular Market Open 12.27
Regular Market Previous Close 12.245
Regular Market Price 12.28
Regular Market Time 1,776,456,002
Regular Market Volume 6,919
Return On Assets 0.03083
Return On Equity 0.0776
Revenue Growth 0.031
Revenue Per Share 0.75
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 9,510,962
Shares Percent Shares Out 0.00029999999
Shares Short 6,516
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 4,603
Short Name Western Asset Investment Grade
Short Ratio 0.42
Source Interval 15
State CA
Symbol PAI
Total Cash 16,960
Total Cash Per Share 0.002
Total Debt 0
Total Revenue 7,135,269
Tradeable 0
Trailing Annual Dividend Rate 0.627
Trailing Annual Dividend Yield 0.051204573
Trailing Eps 1.02
Trailing P E 12.039216
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.58745
Two Hundred Day Average Change -0.3074503
Two Hundred Day Average Change Percent -0.024425145
Type Disp Equity
Volume 6,919
Website https://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=PAI
Zip 91,101-1923