Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of August 31, 2023
October 24, 2023 at 08:08 am EDT
Share
Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of August 31, 2023.
Current Q
Previous Q
Prior Yr Q
August 31, 2023
May 31, 2023
August 31, 2022
Total Net Assets
$
184,724,718
$
186,178,777
$
191,951,274
NAV Per Share of Common Stock (a)
$
17.03
$
17.16
$
17.69
Market Price Per Share
$
16.18
$
16.33
$
17.14
Premium / (Discount)
(4.99
)%
(4.84
)%
(3.11
)%
Outstanding Shares
10,848,022
10,848,022
10,848,022
Total Net Investment Income (b)
$
2,251,563
$
2,218,081
$
2,152,250
Total Net Realized/Unrealized Gain/(Loss) (b)
$
(1,541,442
)
$
(898,829
)
$
(8,405,481
)
Net Increase (Decrease) in Net Assets From Operations (b)
$
710,121
$
1,319,252
$
(6,253,231
)
Earnings per Common Share Outstanding
Total Net Investment Income (b)
$
0.21
$
0.20
$
0.20
Total Net Realized/Unrealized Gain/(Loss) (b)
$
(0.14
)
$
(0.08
)
$
(0.77
)
Net Increase (Decrease) in Net Assets From Operations (b)
$
0.07
$
0.12
$
(0.57
)
Undistributed Net Investment Income (c)
$
(504,290
)
$
(591,673
)
$
(754,247
)
Undistributed Net Investment Income
Per Share (c)
$
(0.05
)
$
(0.05
)
$
(0.07
)
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20231024514149/en/
Western Asset Investment Grade Defined Opportunity Trust Inc. is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund's net assets to stockholders. 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. The Fund's investment portfolio sectors include corporate bonds and notes; consumer discretionary; consumer staples; financials; energy; health care; industrials; information technology; utilities; materials; communication services; municipal bonds, and real estate. Legg Mason Partners Fund Advisor, LLC is the Fund's investment manager.
WESTERN ASSET INVESTMENT GRADE DEFINED OPPORTUNITY TRUST INC. 
