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Western Asset Investment Grade Income Fund (PAI) Competitors

Western Asset Investment Grade Income Fund logo
$12.18 -0.45 (-3.56%)
Closing price 04/4/2025 03:54 PM Eastern
Extended Trading
$12.18 0.00 (0.00%)
As of 04/4/2025 04:05 PM Eastern
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PAI vs. IFN, MCI, TYG, RMT, MVF, EVN, MYN, KTF, SAR, and HQL

Should you be buying Western Asset Investment Grade Income Fund stock or one of its competitors? The main competitors of Western Asset Investment Grade Income Fund include The India Fund (IFN), Barings Corporate Investors (MCI), Tortoise Energy Infrastructure (TYG), Royce Micro-Cap Trust (RMT), BlackRock MuniVest Fund (MVF), Eaton Vance Municipal Income Trust (EVN), BlackRock MuniYield New York Quality Fund (MYN), DWS Municipal Income Trust (KTF), Saratoga Investment (SAR), and Abrdn Life Sciences Investors (HQL). These companies are all part of the "financial services" industry.

Western Asset Investment Grade Income Fund vs.

Western Asset Investment Grade Income Fund (NYSE:PAI) and The India Fund (NYSE:IFN) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, analyst recommendations, dividends, media sentiment, risk, institutional ownership, profitability, valuation and earnings.

In the previous week, The India Fund had 2 more articles in the media than Western Asset Investment Grade Income Fund. MarketBeat recorded 3 mentions for The India Fund and 1 mentions for Western Asset Investment Grade Income Fund. Western Asset Investment Grade Income Fund's average media sentiment score of 1.87 beat The India Fund's score of 1.31 indicating that Western Asset Investment Grade Income Fund is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Asset Investment Grade Income Fund
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
The India Fund
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Company Net Margins Return on Equity Return on Assets
Western Asset Investment Grade Income FundN/A N/A N/A
The India Fund N/A N/A N/A

Western Asset Investment Grade Income Fund has a beta of 0.51, indicating that its share price is 49% less volatile than the S&P 500. Comparatively, The India Fund has a beta of 0.85, indicating that its share price is 15% less volatile than the S&P 500.

The India Fund received 31 more outperform votes than Western Asset Investment Grade Income Fund when rated by MarketBeat users. Likewise, 67.14% of users gave The India Fund an outperform vote while only 61.54% of users gave Western Asset Investment Grade Income Fund an outperform vote.

CompanyUnderperformOutperform
Western Asset Investment Grade Income FundOutperform Votes
112
61.54%
Underperform Votes
70
38.46%
The India FundOutperform Votes
143
67.14%
Underperform Votes
70
32.86%

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Asset Investment Grade Income Fund$4.03M28.75N/AN/AN/A
The India Fund$110.12M4.05N/AN/AN/A

19.0% of Western Asset Investment Grade Income Fund shares are held by institutional investors. Comparatively, 10.8% of The India Fund shares are held by institutional investors. 1.0% of Western Asset Investment Grade Income Fund shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Western Asset Investment Grade Income Fund pays an annual dividend of $0.56 per share and has a dividend yield of 4.6%. The India Fund pays an annual dividend of $2.33 per share and has a dividend yield of 16.2%.

Summary

The India Fund beats Western Asset Investment Grade Income Fund on 6 of the 10 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PAI vs. The Competition

MetricWestern Asset Investment Grade Income FundInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$115.84M$7.25B$10.40B$17.77B
Dividend Yield4.78%6.76%5.42%3.79%
P/E RatioN/A3.6021.4529.98
Price / Sales28.7515.2425.0124.14
Price / CashN/A7.5117.6317.53
Price / BookN/A0.862.564.13
Net IncomeN/A$66.51M$1.03B$1.02B
7 Day Performance-4.81%-4.44%-5.37%-8.66%
1 Month Performance-3.37%-5.93%496.71%-10.76%
1 Year Performance2.07%-2.26%530.09%-5.27%

Western Asset Investment Grade Income Fund Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PAI
Western Asset Investment Grade Income Fund
N/A$12.18
-3.6%
N/A+1.5%$115.84M$4.03M0.00204,000News Coverage
Positive News
IFN
The India Fund
N/A$15.76
+0.5%
N/A-29.7%$489.51M$110.12M0.0021,000Positive News
MCI
Barings Corporate Investors
N/A$23.58
+3.4%
N/A+27.3%$478.55M$37.92M0.00N/AInsider Trade
News Coverage
Positive News
High Trading Volume
TYG
Tortoise Energy Infrastructure
N/A$43.02
-0.5%
N/A+21.6%$463.06M$214.33M0.00N/APositive News
RMT
Royce Micro-Cap Trust
N/A$8.41
-0.7%
N/A-16.6%$425.98M$66.96M0.00N/APositive News
Gap Down
MVF
BlackRock MuniVest Fund
N/A$7.01
-0.3%
N/A+1.4%$422.80M$29.36M0.00147,000Dividend Announcement
Short Interest ↓
News Coverage
Positive News
EVN
Eaton Vance Municipal Income Trust
N/A$10.29
-0.5%
N/A+0.3%$407.98M$38.57M0.00N/ADividend Announcement
MYN
BlackRock MuniYield New York Quality Fund
N/A$9.93
+0.2%
N/A-4.0%$380.26M$19.20M0.00N/ADividend Announcement
News Coverage
Positive News
KTF
DWS Municipal Income Trust
N/A$9.36
+0.2%
N/A-1.3%$366.46M$35.07M0.00N/ANews Coverage
Positive News
SAR
Saratoga Investment
1.6065 of 5 stars
$25.30
+0.4%
$25.08
-0.9%
+2.2%$362.95M$46.93M10.203,211Analyst Downgrade
HQL
Abrdn Life Sciences Investors
N/A$12.67
-1.6%
N/A-12.8%$346.54M$86.69M0.00N/AInsider Trade
News Coverage
High Trading Volume
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This page (NYSE:PAI) was last updated on 4/5/2025 by MarketBeat.com Staff
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