Summary
18.02 0.03(0.17%)09/13/2024
Western Asset Investment Grade Defined Opportunity Trust Inc (IGI)
Western Asset Investment Grade Defined Opportunity Trust Inc (IGI)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.17 | 0.67 | 2.95 | 5.02 | 4.29 | 12.43 | 44.58 | 284.66 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 18.02 | |
| Open | 18.02 | |
| High | 18.04 | |
| Low | 18.00 | |
| Volume | 11,270 | |
| Change | 0.03 | |
| Change % | 0.17 | |
| Avg Volume (20 Days) | 20,194 | |
| Volume/Avg Volume (20 Days) Ratio | 0.56 | |
| 52 Week Range | 15.13 - 18.04 | |
| Price vs 52 Week High | -0.11% | |
| Price vs 52 Week Low | 19.10% | |
| Range | 0.22 | |
| Gap Up/Down | -0.08 | |
Fundamentals | ||
| Market Capitalization (Mln) | 195 | |
| EBIDTA | 0 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 0.0000 | |
| Earnings Per Share | 0.0000 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 0.0000 | |
| Revenues | ||
| Profit Marging | 0.0000 | |
| Operating Marging (TTM) | 0.0000 | |
| Return on asset (TTM) | 0.0000 | |
| Return on equity (TTM) | -99,999.9900 | |
| Revenue TTM | 0 | |
| Revenue per share TTM | 0.0000 | |
| Quarterly Revenue Growth (YOY) | 0.0000 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 0 | |
| Dividends | ||
| Dividend Share | 0.8000 | |
| Dividend Yield | 0.0472 | |
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.9879 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 10,843,800 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 33.68 | |
08/18 09:31 EST - seekingalpha.com
CEF Weekly Review: PCF Tries To Get Shareholders To Care
We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, High Income Securities Fund, is implementing a novel strategy to get its initiatives approved by shareholders.
CEF Weekly Review: PCF Tries To Get Shareholders To Care
We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, High Income Securities Fund, is implementing a novel strategy to get its initiatives approved by shareholders.
07/08 09:00 EST - businesswire.com
IGI to Release Second Quarter and Half Year 2024 Financial Results on August 6, 2024
HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the second quarter and half year 2024, on Tuesday, August 6, 2024, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the Investors section of the Company website at www.iginsure.com. The Company will host an investor teleconference, incl.
IGI to Release Second Quarter and Half Year 2024 Financial Results on August 6, 2024
HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the second quarter and half year 2024, on Tuesday, August 6, 2024, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the Investors section of the Company website at www.iginsure.com. The Company will host an investor teleconference, incl.
06/11 09:00 EST - businesswire.com
IGI Increases its Repurchase Authorization to 7.5 Million Common Shares
HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has increased the Company's existing share repurchase authorization to 7.5 million shares of its issued and outstanding common stock. This represents an increase of 2.5 million common shares to its prior 5 million common share authorization which was announced in May 2022. As of the close of the US financial markets on June 10, 202.
IGI Increases its Repurchase Authorization to 7.5 Million Common Shares
HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has increased the Company's existing share repurchase authorization to 7.5 million shares of its issued and outstanding common stock. This represents an increase of 2.5 million common shares to its prior 5 million common share authorization which was announced in May 2022. As of the close of the US financial markets on June 10, 202.
06/11 08:00 EST - businesswire.com
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Results of Special Meeting of Stockholders and Other Fund Developments
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Results of Special Meeting of Stockholders and Other Fund Developments
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
05/23 11:03 EST - prnewswire.com
CHARLES & COLVARD FORGES EXCLUSIVE STRATEGIC ALLIANCE WITH IGI TO SUPPLY MOISSANITE GRADING REPORTS
RESEARCH TRIANGLE PARK, N.C., May 23, 2024 /PRNewswire/ -- Charles & Colvard, Ltd.
CHARLES & COLVARD FORGES EXCLUSIVE STRATEGIC ALLIANCE WITH IGI TO SUPPLY MOISSANITE GRADING REPORTS
RESEARCH TRIANGLE PARK, N.C., May 23, 2024 /PRNewswire/ -- Charles & Colvard, Ltd.
05/20 07:18 EST - https://www.defenseworld.net
Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) to Issue Monthly Dividend of $0.07 on June 3rd
Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI – Get Free Report) declared a monthly dividend on Thursday, February 22nd, Wall Street Journal reports. Investors of record on Thursday, May 23rd will be paid a dividend of 0.07 per share on Monday, June 3rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Wednesday, May 22nd. Western Asset Investment Grade Defined Opportunity Trust has decreased its dividend payment by an average of 1.5% annually over the last three years and has raised its dividend every year for the last 2 years. Western Asset Investment Grade Defined Opportunity Trust Price Performance Shares of NYSE IGI opened at $17.01 on Monday. Western Asset Investment Grade Defined Opportunity Trust has a 1-year low of $15.13 and a 1-year high of $17.79. The business’s 50 day moving average is $16.96 and its two-hundred day moving average is $16.94. Western Asset Investment Grade Defined Opportunity Trust Company Profile (Get Free Report) 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.
Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) to Issue Monthly Dividend of $0.07 on June 3rd
Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI – Get Free Report) declared a monthly dividend on Thursday, February 22nd, Wall Street Journal reports. Investors of record on Thursday, May 23rd will be paid a dividend of 0.07 per share on Monday, June 3rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Wednesday, May 22nd. Western Asset Investment Grade Defined Opportunity Trust has decreased its dividend payment by an average of 1.5% annually over the last three years and has raised its dividend every year for the last 2 years. Western Asset Investment Grade Defined Opportunity Trust Price Performance Shares of NYSE IGI opened at $17.01 on Monday. Western Asset Investment Grade Defined Opportunity Trust has a 1-year low of $15.13 and a 1-year high of $17.79. The business’s 50 day moving average is $16.96 and its two-hundred day moving average is $16.94. Western Asset Investment Grade Defined Opportunity Trust Company Profile (Get Free Report) 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.
05/20 01:18 EST - https://www.defenseworld.net
Financial Comparison: Everest Group (NYSE:EG) vs. Selective Insurance Group (NASDAQ:SIGI)
Everest Group (NYSE:EG – Get Free Report) and Selective Insurance Group (NASDAQ:SIGI – Get Free Report) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, risk, valuation, earnings, institutional ownership, analyst recommendations and profitability. Profitability This table compares Everest Group and Selective Insurance Group’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Everest Group 18.69% 24.86% 6.36% Selective Insurance Group 8.02% 13.73% 3.09% Valuation & Earnings This table compares Everest Group and Selective Insurance Group’s revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Everest Group $14.59 billion 1.17 $2.52 billion $67.29 5.84 Selective Insurance Group $4.40 billion 1.35 $365.24 million $5.66 17.28 Everest Group has higher revenue and earnings than Selective Insurance Group. Everest Group is trading at a lower price-to-earnings ratio than Selective Insurance Group, indicating that it is currently the more affordable of the two stocks. Dividends Everest Group pays an annual dividend of $7.00 per share and has a dividend yield of 1.8%. Selective Insurance Group pays an annual dividend of $1.40 per share and has a dividend yield of 1.4%. Everest Group pays out 10.4% of its earnings in the form of a dividend. Selective Insurance Group pays out 24.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Everest Group has increased its dividend for 2 consecutive years and Selective Insurance Group has increased its dividend for 10 consecutive years. Everest Group is clearly the better dividend stock, given its higher yield and lower payout ratio. Analyst Recommendations This is a breakdown of recent ratings and target prices for Everest Group and Selective Insurance Group, as reported by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Everest Group 0 3 3 1 2.71 Selective Insurance Group 1 4 1 0 2.00 Everest Group currently has a consensus price target of $432.11, suggesting a potential upside of 9.97%. Selective Insurance Group has a consensus price target of $105.17, suggesting a potential upside of 7.55%. Given Everest Group’s stronger consensus rating and higher probable upside, equities analysts clearly believe Everest Group is more favorable than Selective Insurance Group. Volatility and Risk Everest Group has a beta of 0.57, meaning that its share price is 43% less volatile than the S&P 500. Comparatively, Selective Insurance Group has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500. Insider and Institutional Ownership 92.6% of Everest Group shares are owned by institutional investors. Comparatively, 82.9% of Selective Insurance Group shares are owned by institutional investors. 1.2% of Everest Group shares are owned by insiders. Comparatively, 1.5% of Selective Insurance Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term. Summary Everest Group beats Selective Insurance Group on 14 of the 18 factors compared between the two stocks. About Everest Group (Get Free Report) Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda. About Selective Insurance Group (Get Free Report) Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey.
Financial Comparison: Everest Group (NYSE:EG) vs. Selective Insurance Group (NASDAQ:SIGI)
Everest Group (NYSE:EG – Get Free Report) and Selective Insurance Group (NASDAQ:SIGI – Get Free Report) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, risk, valuation, earnings, institutional ownership, analyst recommendations and profitability. Profitability This table compares Everest Group and Selective Insurance Group’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Everest Group 18.69% 24.86% 6.36% Selective Insurance Group 8.02% 13.73% 3.09% Valuation & Earnings This table compares Everest Group and Selective Insurance Group’s revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Everest Group $14.59 billion 1.17 $2.52 billion $67.29 5.84 Selective Insurance Group $4.40 billion 1.35 $365.24 million $5.66 17.28 Everest Group has higher revenue and earnings than Selective Insurance Group. Everest Group is trading at a lower price-to-earnings ratio than Selective Insurance Group, indicating that it is currently the more affordable of the two stocks. Dividends Everest Group pays an annual dividend of $7.00 per share and has a dividend yield of 1.8%. Selective Insurance Group pays an annual dividend of $1.40 per share and has a dividend yield of 1.4%. Everest Group pays out 10.4% of its earnings in the form of a dividend. Selective Insurance Group pays out 24.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Everest Group has increased its dividend for 2 consecutive years and Selective Insurance Group has increased its dividend for 10 consecutive years. Everest Group is clearly the better dividend stock, given its higher yield and lower payout ratio. Analyst Recommendations This is a breakdown of recent ratings and target prices for Everest Group and Selective Insurance Group, as reported by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Everest Group 0 3 3 1 2.71 Selective Insurance Group 1 4 1 0 2.00 Everest Group currently has a consensus price target of $432.11, suggesting a potential upside of 9.97%. Selective Insurance Group has a consensus price target of $105.17, suggesting a potential upside of 7.55%. Given Everest Group’s stronger consensus rating and higher probable upside, equities analysts clearly believe Everest Group is more favorable than Selective Insurance Group. Volatility and Risk Everest Group has a beta of 0.57, meaning that its share price is 43% less volatile than the S&P 500. Comparatively, Selective Insurance Group has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500. Insider and Institutional Ownership 92.6% of Everest Group shares are owned by institutional investors. Comparatively, 82.9% of Selective Insurance Group shares are owned by institutional investors. 1.2% of Everest Group shares are owned by insiders. Comparatively, 1.5% of Selective Insurance Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term. Summary Everest Group beats Selective Insurance Group on 14 of the 18 factors compared between the two stocks. About Everest Group (Get Free Report) Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda. About Selective Insurance Group (Get Free Report) Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey.
04/29 08:00 EST - businesswire.com
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of February 29, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of February 29, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
04/17 08:00 EST - businesswire.com
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Results of Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Results of Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
03/04 08:00 EST - businesswire.com
Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
12/15 13:00 EST - seekingalpha.com
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.
12/03 02:34 EST - seekingalpha.com
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatility to consider when investing in these funds, which would otherwise be for more conservative investors. Besides the higher yields, when rates decline investment-grade funds should see a significant rebound, adding a catalyst for potential upside and 'locking in' higher yields now.
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatility to consider when investing in these funds, which would otherwise be for more conservative investors. Besides the higher yields, when rates decline investment-grade funds should see a significant rebound, adding a catalyst for potential upside and 'locking in' higher yields now.
05/15 08:00 EST - businesswire.com
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2023. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date June 6/23/2023 6/22/2023 7/3/2023 July 7/24/2023 7/21/2023 8/1/2023 August 8/24/2023 8/23/2023 9/1/2023 Ticker Fund Name Month Amount Type Change from Previous Distribution WDI Western Asset Diversified Income Fund June $0.13500 Income $0.00500 July $0.13500 Income August $0.13500 Income HIX Western Asset High Income Fund II Inc. June $0.04900 Income - July $0.04900 Income August $0.04900 Income HIO Western Asset High Income Opportunity June $0.03000 Income - Fund Inc. July $0.03000 Income August $0.03000 Income HYI Western Asset High Yield Defined Opportunity June $0.09450 Income - Fund Inc. July $0.09450 Income August $0.09450 Income EHI Western Asset Global High Income Fund Inc. June $0.06700 Income - July $0.06700 Income August $0.06700 Income GDO Western Asset Global Corporate Defined June $0.10100 Income - Opportunity Fund Inc. July $0.10100 Income August $0.10100 Income IGI Western Asset Investment Grade Defined June $0.06650 Income - Opportunity Trust Inc. July $0.06650 Income August $0.06650 Income DMO Western Asset Mortgage Opportunity Fund Inc. June $0.10500 Income $0.00500 July $0.10500 Income August $0.10500 Income SBI Western Asset Intermediate Muni Fund Inc. June $0.02350 Income - July $0.02350 Income August $0.02350 Income MMU Western Asset Managed Municipals Fund Inc. June $0.03650 Income - July $0.03650 Income August $0.03650 Income MHF Western Asset Municipal High Income June $0.01980 Income - Fund Inc. July $0.01980 Income August $0.01980 Income MNP Western Asset Municipal Partners Fund Inc. June $0.04300 Income - July $0.04300 Income August $0.04300 Income This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2024, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”). For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2023. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date June 6/23/2023 6/22/2023 7/3/2023 July 7/24/2023 7/21/2023 8/1/2023 August 8/24/2023 8/23/2023 9/1/2023 Ticker Fund Name Month Amount Type Change from Previous Distribution WDI Western Asset Diversified Income Fund June $0.13500 Income $0.00500 July $0.13500 Income August $0.13500 Income HIX Western Asset High Income Fund II Inc. June $0.04900 Income - July $0.04900 Income August $0.04900 Income HIO Western Asset High Income Opportunity June $0.03000 Income - Fund Inc. July $0.03000 Income August $0.03000 Income HYI Western Asset High Yield Defined Opportunity June $0.09450 Income - Fund Inc. July $0.09450 Income August $0.09450 Income EHI Western Asset Global High Income Fund Inc. June $0.06700 Income - July $0.06700 Income August $0.06700 Income GDO Western Asset Global Corporate Defined June $0.10100 Income - Opportunity Fund Inc. July $0.10100 Income August $0.10100 Income IGI Western Asset Investment Grade Defined June $0.06650 Income - Opportunity Trust Inc. July $0.06650 Income August $0.06650 Income DMO Western Asset Mortgage Opportunity Fund Inc. June $0.10500 Income $0.00500 July $0.10500 Income August $0.10500 Income SBI Western Asset Intermediate Muni Fund Inc. June $0.02350 Income - July $0.02350 Income August $0.02350 Income MMU Western Asset Managed Municipals Fund Inc. June $0.03650 Income - July $0.03650 Income August $0.03650 Income MHF Western Asset Municipal High Income June $0.01980 Income - Fund Inc. July $0.01980 Income August $0.01980 Income MNP Western Asset Municipal Partners Fund Inc. June $0.04300 Income - July $0.04300 Income August $0.04300 Income This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2024, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”). For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
04/24 08:00 EST - businesswire.com
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of February 28, 2023
NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of February 28, 2023. Current Q Previous Q Prior Yr Q February 28, 2023 November 30, 2022 February 28, 2022 $ 187,023,706 $ 186,949,622 $ 218,112,215 $ 17.24 $ 17.23 $ 20.11 $ 16.55 $ 16.47 $ 19.19 (4.00)% (4.41)% (4.57)% 10,848,022 10,848,022 10,848,022 $ 2,217,361 $ 2,177,528 $ 1,997,936 $ 20,903 $ (5,015,000) $ (14,596,127) $ 2,238,264 $ (2,837,472) $ (12,598,191) $ 0.20 $ 0.20 $ 0.18 $ 0.00 $ (0.46) $ (1.35) $ 0.20 $ (0.26) $ (1.17) $ (645,573) $ (698,754) $ (677,399) $ (0.06) $ (0.06) $ (0.06) Footnotes: (a) NAVs are calculated as of the close of business on the last business day in the periods indicated above. This financial data is unaudited. The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102. Western Asset Investment Grade Defined Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, an affiliate of the adviser. For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. Category: Financials Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of February 28, 2023
NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of February 28, 2023. Current Q Previous Q Prior Yr Q February 28, 2023 November 30, 2022 February 28, 2022 $ 187,023,706 $ 186,949,622 $ 218,112,215 $ 17.24 $ 17.23 $ 20.11 $ 16.55 $ 16.47 $ 19.19 (4.00)% (4.41)% (4.57)% 10,848,022 10,848,022 10,848,022 $ 2,217,361 $ 2,177,528 $ 1,997,936 $ 20,903 $ (5,015,000) $ (14,596,127) $ 2,238,264 $ (2,837,472) $ (12,598,191) $ 0.20 $ 0.20 $ 0.18 $ 0.00 $ (0.46) $ (1.35) $ 0.20 $ (0.26) $ (1.17) $ (645,573) $ (698,754) $ (677,399) $ (0.06) $ (0.06) $ (0.06) Footnotes: (a) NAVs are calculated as of the close of business on the last business day in the periods indicated above. This financial data is unaudited. The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102. Western Asset Investment Grade Defined Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, an affiliate of the adviser. For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. Category: Financials Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
02/14 08:00 EST - businesswire.com
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2023. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date March 3/24/2023 3/23/2023 4/3/2023 April 4/21/2023 4/20/2023 5/1/2023 May 5/23/2023 5/22/2023 6/1/2023 Ticker Fund Name Month Amount Type Change from Previous Distribution WDI Western Asset Diversified Income Fund March $0.13000 Income $0.00200 April $0.13000 Income May $0.13000 Income HIX Western Asset High Income Fund II Inc. March $0.04900 Income - April $0.04900 Income May $0.04900 Income HIO Western Asset High Income Opportunity March $0.03000 Income - Fund Inc. April $0.03000 Income May $0.03000 Income HYI Western Asset High Yield Defined Opportunity March $0.09450 Income - Fund Inc. April $0.09450 Income May $0.09450 Income EHI Western Asset Global High Income Fund Inc. March $0.06700 Income - April $0.06700 Income May $0.06700 Income GDO Western Asset Global Corporate Defined March $0.10100 Income - Opportunity Fund Inc. April $0.10100 Income May $0.10100 Income IGI Western Asset Investment Grade Defined March $0.06650 Income - Opportunity Trust Inc. April $0.06650 Income May $0.06650 Income DMO Western Asset Mortgage Opportunity Fund Inc. March $0.10000 Income - April $0.10000 Income May $0.10000 Income SBI Western Asset Intermediate Muni Fund Inc. March $0.02350 Income - April $0.02350 Income May $0.02350 Income MMU Western Asset Managed Municipals Fund Inc. March $0.03650 Income - April $0.03650 Income May $0.03650 Income MHF Western Asset Municipal High Income March $0.01980 Income - Fund Inc. April $0.01980 Income May $0.01980 Income MNP Western Asset Municipal Partners Fund Inc. March $0.04300 Income - April $0.04300 Income May $0.04300 Income This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2024, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”). For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2023. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date March 3/24/2023 3/23/2023 4/3/2023 April 4/21/2023 4/20/2023 5/1/2023 May 5/23/2023 5/22/2023 6/1/2023 Ticker Fund Name Month Amount Type Change from Previous Distribution WDI Western Asset Diversified Income Fund March $0.13000 Income $0.00200 April $0.13000 Income May $0.13000 Income HIX Western Asset High Income Fund II Inc. March $0.04900 Income - April $0.04900 Income May $0.04900 Income HIO Western Asset High Income Opportunity March $0.03000 Income - Fund Inc. April $0.03000 Income May $0.03000 Income HYI Western Asset High Yield Defined Opportunity March $0.09450 Income - Fund Inc. April $0.09450 Income May $0.09450 Income EHI Western Asset Global High Income Fund Inc. March $0.06700 Income - April $0.06700 Income May $0.06700 Income GDO Western Asset Global Corporate Defined March $0.10100 Income - Opportunity Fund Inc. April $0.10100 Income May $0.10100 Income IGI Western Asset Investment Grade Defined March $0.06650 Income - Opportunity Trust Inc. April $0.06650 Income May $0.06650 Income DMO Western Asset Mortgage Opportunity Fund Inc. March $0.10000 Income - April $0.10000 Income May $0.10000 Income SBI Western Asset Intermediate Muni Fund Inc. March $0.02350 Income - April $0.02350 Income May $0.02350 Income MMU Western Asset Managed Municipals Fund Inc. March $0.03650 Income - April $0.03650 Income May $0.03650 Income MHF Western Asset Municipal High Income March $0.01980 Income - Fund Inc. April $0.01980 Income May $0.01980 Income MNP Western Asset Municipal Partners Fund Inc. March $0.04300 Income - April $0.04300 Income May $0.04300 Income This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2024, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”). For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
01/31 13:51 EST - seekingalpha.com
Closed-End Funds: Term Structure Potential Vs. Perpetual Funds
Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.
Closed-End Funds: Term Structure Potential Vs. Perpetual Funds
Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.
01/11 07:00 EST - businesswire.com
FrontWell Capital Partners Provides CAD 25 Million Senior Secured Credit Facility to Mara Technologies
TORONTO--( BUSINESS WIRE )--FrontWell Capital Partners Inc. (“FrontWell”) today announced the closing of a CAD 25 million secured credit facility with Mara Technologies Inc. and Mara Technologies USA Inc. (“Mara”), a manufacturer of electronic boards and assemblies focused in infrastructure, broad band communications and power management systems. Mara is a subsidiary of the Invotek Group, a global leader in electronics manufacturing services based in Markham, Ontario.
FrontWell Capital Partners Provides CAD 25 Million Senior Secured Credit Facility to Mara Technologies
TORONTO--( BUSINESS WIRE )--FrontWell Capital Partners Inc. (“FrontWell”) today announced the closing of a CAD 25 million secured credit facility with Mara Technologies Inc. and Mara Technologies USA Inc. (“Mara”), a manufacturer of electronic boards and assemblies focused in infrastructure, broad band communications and power management systems. Mara is a subsidiary of the Invotek Group, a global leader in electronics manufacturing services based in Markham, Ontario.
11/14 08:00 EST - businesswire.com
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2022, January and February 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2022, January and February 2023. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date December 12/22/2022 12/21/2022 12/30/2022 January 1/24/2023 1/23/2023 2/1/2023 February 2/21/2023 2/17/2023 3/1/2023 Change from Previous Ticker Fund Name Month Amount Type Distribution WDI Western Asset Diversified Income Fund December $0.12800 Income $0.0030 January $0.12800 Income February $0.12800 Income HIX Western Asset High Income Fund II Inc. December $0.04900 Income - January $0.04900 Income February $0.04900 Income HIO Western Asset High Income Opportunity Fund December $0.03000 Income - Inc. January $0.03000 Income February $0.03000 Income HYI Western Asset High Yield Defined Opportunity December $0.09450 Income - Fund Inc. January $0.09450 Income February $0.09450 Income EHI Western Asset Global High Income Fund Inc. December $0.06700 Income - January $0.06700 Income February $0.06700 Income GDO Western Asset Global Corporate Defined December $0.10100 Income - Opportunity Fund Inc. January $0.10100 Income February $0.10100 Income IGI Western Asset Investment Grade Defined December $0.06650 Income - Opportunity Trust Inc. January $0.06650 Income February $0.06650 Income DMO Western Asset Mortgage Opportunity Fund Inc. December $0.10000 Income - January $0.10000 Income February $0.10000 Income SBI Western Asset Intermediate Muni Fund Inc. December $0.02350 Income - January $0.02350 Income February $0.02350 Income MMU Western Asset Managed Municipals Fund Inc. December $0.03650 Income $(0.0025) January $0.03650 Income February $0.03650 Income MHF Western Asset Municipal High Income Fund December $0.01980 Income - Inc. January $0.01980 Income February $0.01980 Income MNP Western Asset Municipal Partners Fund Inc. December $0.04300 Income $(0.0045) January $0.04300 Income February $0.04300 Income This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2023 and early 2024, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”). For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2022, January and February 2023
NEW YORK--(BUSINESS WIRE)--Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2022, January and February 2023. The following dates apply to the distribution schedule below: Month Record Date Ex-Dividend Date Payable Date December 12/22/2022 12/21/2022 12/30/2022 January 1/24/2023 1/23/2023 2/1/2023 February 2/21/2023 2/17/2023 3/1/2023 Change from Previous Ticker Fund Name Month Amount Type Distribution WDI Western Asset Diversified Income Fund December $0.12800 Income $0.0030 January $0.12800 Income February $0.12800 Income HIX Western Asset High Income Fund II Inc. December $0.04900 Income - January $0.04900 Income February $0.04900 Income HIO Western Asset High Income Opportunity Fund December $0.03000 Income - Inc. January $0.03000 Income February $0.03000 Income HYI Western Asset High Yield Defined Opportunity December $0.09450 Income - Fund Inc. January $0.09450 Income February $0.09450 Income EHI Western Asset Global High Income Fund Inc. December $0.06700 Income - January $0.06700 Income February $0.06700 Income GDO Western Asset Global Corporate Defined December $0.10100 Income - Opportunity Fund Inc. January $0.10100 Income February $0.10100 Income IGI Western Asset Investment Grade Defined December $0.06650 Income - Opportunity Trust Inc. January $0.06650 Income February $0.06650 Income DMO Western Asset Mortgage Opportunity Fund Inc. December $0.10000 Income - January $0.10000 Income February $0.10000 Income SBI Western Asset Intermediate Muni Fund Inc. December $0.02350 Income - January $0.02350 Income February $0.02350 Income MMU Western Asset Managed Municipals Fund Inc. December $0.03650 Income $(0.0025) January $0.03650 Income February $0.03650 Income MHF Western Asset Municipal High Income Fund December $0.01980 Income - Inc. January $0.01980 Income February $0.01980 Income MNP Western Asset Municipal Partners Fund Inc. December $0.04300 Income $(0.0045) January $0.04300 Income February $0.04300 Income This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2023 and early 2024, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital). The Funds’ common shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. Legg Mason Partners Fund Advisor, LLC is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”). For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Funds’ complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Funds. Category: Distribution Related Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
11/10 08:00 EST - businesswire.com
Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director
The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independent Director of the Funds, who recently passed away. The Boards also announced that Nisha Kumar will succeed Ms. Kamerick as Chair of each Fund's Audit Committee.
Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director
The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independent Director of the Funds, who recently passed away. The Boards also announced that Nisha Kumar will succeed Ms. Kamerick as Chair of each Fund's Audit Committee.
10/24 08:00 EST - businesswire.com
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of August 31, 2022
NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of August 31, 2022. $ 191,951,274 $ 200,368,686 $ 237,992,225 $ 17.69 $ 18.47 $ 21.94 $ 17.14 $ 17.62 $ 21.68 (3.11)% (4.60)% (1.19)% 10,848,022 10,848,022 10,845,578 $ 2,152,250 $ 2,099,263 $ 2,039,928 $ (8,405,481) $ (17,678,614) $ 5,251,947 $ (6,253,231) $ (15,579,351) $ 7,291,875 $ 0.20 $ 0.19 $ 0.19 $ (0.77) $ (1.63) $ 0.48 $ (0.57) $ (1.44) $ 0.67 $ (754,247) $ (742,316) $ (835,662) $ (0.07) $ (0.07) $ (0.08) Footnotes: (a) NAVs are calculated as of the close of business on the last business day in the periods indicated above. (b) For the quarter indicated. (c) As of the date indicated above. This financial data is unaudited. The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102. Western Asset Investment Grade Defined Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, an affiliate of the adviser. For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. Category: Financials Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of August 31, 2022
NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of August 31, 2022. $ 191,951,274 $ 200,368,686 $ 237,992,225 $ 17.69 $ 18.47 $ 21.94 $ 17.14 $ 17.62 $ 21.68 (3.11)% (4.60)% (1.19)% 10,848,022 10,848,022 10,845,578 $ 2,152,250 $ 2,099,263 $ 2,039,928 $ (8,405,481) $ (17,678,614) $ 5,251,947 $ (6,253,231) $ (15,579,351) $ 7,291,875 $ 0.20 $ 0.19 $ 0.19 $ (0.77) $ (1.63) $ 0.48 $ (0.57) $ (1.44) $ 0.67 $ (754,247) $ (742,316) $ (835,662) $ (0.07) $ (0.07) $ (0.08) Footnotes: (a) NAVs are calculated as of the close of business on the last business day in the periods indicated above. (b) For the quarter indicated. (c) As of the date indicated above. This financial data is unaudited. The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102. Western Asset Investment Grade Defined Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, an affiliate of the adviser. For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. Category: Financials Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds