Western Asset Investment Grade Income Fund Inc. Declares Dividend for the Months of March, April and May 2019, Payable on April 01, 2019, May 01, 2019 and June 03, 2019
February 28, 2019 at 08:30 am EST
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Western Asset Investment Grade Income Fund Inc. declared dividend of $0.575 per share for the month of March, April and May 2019. The distributions will be paid on April 01, 2019, May 01, 2019 and June 03, 2019 with the record dates of March 22, 2019, April 18, 2019 and May 24, 2019. Ex-Dividend dates are March 21, 2019, April 17, 2019 and May 23, 2019.
Western Asset Investment Grade Income Fund Inc. (the Fund) is a diversified closed-end management investment company. The Fund primary investment objective is to seek a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. The Fund may also invest in privately placed debt securities and in certain equity securities. The Fund invests at least 80% of its net assets in fixed income securities that are rated in the Baa or BBB categories or above at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations (NRSROs) or unrated securities of comparable quality at the time of purchase (as determined by the Adviser). In addition, the Fund may invest up to 20% in other fixed income securities, and not more than 25% in securities restricted as to resale. The Fund's investment adviser is Western Asset Management Company, LLC (Western Asset).
Western Asset Investment Grade Income Fund Inc. Declares Dividend for the Months of March, April and May 2019, Payable on April 01, 2019, May 01, 2019 and June 03, 2019