Western Asset Invstm Grd Dfnd Opp Tr Inc:IGI

    Manage Alerts


    As of 3/24/2023

    52 Wk Avg$16.89$17.68-4.49%
    52 Wk High$18.81$19.66-0.99%
    52 Wk Low$15.22$16.09-7.94%
    Regular Distribution TypeIncome Only
    Distribution Rate4.75%
    Distribution Amount$0.0665
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To provide current income and then to liquidate and distribute substantially all of the Fund’s net assets to stockholders on or about December 2, 2024. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in investment grade corporate fixed income securities of varying maturities.

    Capital Structure

    As of 3/24/2023

    Total Investment Exposure:$187.454M
    Total Common Assets:$187.454M
    Common Shares Outstanding:10,848,022
    Annual Expense Ratios

    As of 11/30/2022

      Per Common Share
    Management Fees0.65%
    Other Expenses:0.13%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 0.78%
    Fund Management

    Fund Sponsor
    Franklin Templeton Investments

    Portfolio Managers
    Ryan K. Brist, Blanton Y, Keh, Kurt D. Halvorson, Dan Alexander, S. Kenneth Leech, Michael C. Buchanan

    Category: Fixed Income - Taxable-Investment Grade
    Ticker: IGI
    NAV Ticker: XIGIX
    Average Daily Volume (shares): 29,437
    Average Daily Volume (USD): $0.496M
    Inception Date: 6/26/2009
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: Yes
    Fiscal Year End: November 30
    Third Party Links & Reports


    As of 3/24/2023

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2022
    Annualized Distribution Rate on NAV:
    As of 3/24/2023
    Total Return on NAV (12 months):
    As of 3/24/2023
    Avg. Portfolio Coupon:
    As of 3/24/2023
    Total % Portfolio Effectively Leveraged:
    As of 3/24/2023

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 3/27/2023

    PeriodAvg Discount
    6 Month-4.56%
    1 Year-4.49%
    3 Year-1.49%
    5 Year-0.68%

    As of 3/24/2023

    3 Month1.44
    6 Month1.76
    1 Year1.53
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 2/28/2023
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 2/28/2023
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 3/24/2023
    Number of Holdings:
    As of 1/31/2023
    Annual Portfolio Turnover:
    As of 11/30/2022
    Average Bond Price:
    As of 1/31/2023
    Asset Allocation

    As of 1/31/2023

    Top Sectors

    As of 1/31/2023

    Corporate (Super Sector)89.55%
    Corporate Bond88.30%
    Cash Equivalents (Super Sector)1.39%
    Cash Equivalents1.39%
    Government (Super Sector)1.05%
    Municipal (Super Sector)0.78%
    Government Related0.57%
    Bank Loan0.54%
    State Allocation

    As of 1/31/2023

    State% Portfolio
    Top Holdings

    As of 1/31/2023

    HoldingValue% Portfolio
    FirstEnergy Corp. 7.375%$3.55M1.82%
    Goldman Sachs Group, Inc. 6.25%$2.97M1.53%
    Walt Disney Company 6.65%$2.87M1.47%
    Comcast Corporation 6.4%$2.86M1.47%
    WarnerMedia Holdings Inc. 5.141%$2.41M1.23%
    The Boeing Company 3.1%$2.10M1.08%
    CVS Health Corp 4.78%$2.01M1.03%
    British Telecommunications PLC 9.625%$1.97M1.01%
    Citigroup Inc. 4.125%$1.91M0.98%
    ConocoPhillips Co. 6.5%$1.83M0.94%
    Credit Quality

    As of 1/31/2023

    Maturity Breakdown

    As of 1/31/2023

    Country Allocation

    As of 1/31/2023

    Country% Portfolio
    United States - Fixed Income75.17%
    United Kingdom - Fixed Income5.41%
    Switzerland - Fixed Income2.01%
    Others - Fixed Income1.83%
    Netherlands - Fixed Income1.68%
    France - Fixed Income1.54%
    Italy - Fixed Income1.31%
    Mexico - Fixed Income1.19%
    Belgium - Fixed Income0.85%
    Canada - Fixed Income0.62%
    Argentina - Fixed Income0.49%
    Brazil - Fixed Income0.35%
    Spain - Fixed Income0.32%
    Ireland - Fixed Income0.32%
    Denmark - Fixed Income0.27%
    Australia - Fixed Income0.22%
    Germany - Fixed Income0.22%
    China - Fixed Income0.21%
    Colombia - Fixed Income0.15%
    Israel - Fixed Income0.10%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.