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Western Asset Investment Grade Income Fund (PAI) Competitors

Western Asset Investment Grade Income Fund logo
$12.60 -0.04 (-0.32%)
As of 04:00 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

PAI vs. TYG, RMT, IFN, MCI, MVF, EVN, MYN, KTF, HQL, and SAR

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 Tortoise Energy Infrastructure (TYG), Royce Micro-Cap Trust (RMT), The India Fund (IFN), Barings Corporate Investors (MCI), BlackRock MuniVest Fund (MVF), Eaton Vance Municipal Income Trust (EVN), BlackRock MuniYield New York Quality Fund (MYN), DWS Municipal Income Trust (KTF), Abrdn Life Sciences Investors (HQL), and Saratoga Investment (SAR). These companies are all part of the "financial services" industry.

Western Asset Investment Grade Income Fund vs.

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

Tortoise Energy Infrastructure pays an annual dividend of $3.73 per share and has a dividend yield of 8.9%. Western Asset Investment Grade Income Fund pays an annual dividend of $0.56 per share and has a dividend yield of 4.4%.

In the previous week, Tortoise Energy Infrastructure had 2 more articles in the media than Western Asset Investment Grade Income Fund. MarketBeat recorded 4 mentions for Tortoise Energy Infrastructure and 2 mentions for Western Asset Investment Grade Income Fund. Western Asset Investment Grade Income Fund's average media sentiment score of 1.47 beat Tortoise Energy Infrastructure's score of 1.05 indicating that Western Asset Investment Grade Income Fund is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tortoise Energy Infrastructure
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
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)
Positive

Tortoise Energy Infrastructure has a beta of 2.18, suggesting that its stock price is 118% more volatile than the S&P 500. Comparatively, Western Asset Investment Grade Income Fund has a beta of 0.53, suggesting that its stock price is 47% less volatile than the S&P 500.

32.5% of Tortoise Energy Infrastructure shares are held by institutional investors. Comparatively, 19.0% of Western Asset Investment Grade Income Fund shares are held by institutional investors. 0.3% of Tortoise Energy Infrastructure shares are held by company insiders. Comparatively, 1.0% of Western Asset Investment Grade Income Fund shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tortoise Energy Infrastructure$214.33M2.11N/AN/AN/A
Western Asset Investment Grade Income Fund$7.53M15.93N/AN/AN/A

Company Net Margins Return on Equity Return on Assets
Tortoise Energy InfrastructureN/A N/A N/A
Western Asset Investment Grade Income Fund N/A N/A N/A

Tortoise Energy Infrastructure received 131 more outperform votes than Western Asset Investment Grade Income Fund when rated by MarketBeat users. Likewise, 69.43% of users gave Tortoise Energy Infrastructure an outperform vote while only 61.54% of users gave Western Asset Investment Grade Income Fund an outperform vote.

CompanyUnderperformOutperform
Tortoise Energy InfrastructureOutperform Votes
243
69.43%
Underperform Votes
107
30.57%
Western Asset Investment Grade Income FundOutperform Votes
112
61.54%
Underperform Votes
70
38.46%

Summary

Tortoise Energy Infrastructure beats Western Asset Investment Grade Income Fund on 7 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$119.89M$8.06B$11.30B$19.80B
Dividend Yield4.79%6.82%5.66%3.93%
P/E RatioN/A3.4624.4033.99
Price / Sales15.9313.5025.4331.38
Price / CashN/A7.5117.7017.56
Price / BookN/A0.982.554.70
Net IncomeN/A$66.51M$1.03B$1.02B
7 Day Performance-0.87%-0.64%-0.92%-2.07%
1 Month Performance-1.06%-0.82%-1.94%-4.22%
1 Year Performance6.10%4.57%13.64%8.77%

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$12.61
-0.3%
N/A+7.2%$119.89M$7.53M0.00204,000Positive News
TYG
Tortoise Energy Infrastructure
N/A$44.44
-1.2%
N/A+43.9%$478.34M$214.33M0.00N/AShort Interest ↓
Positive News
RMT
Royce Micro-Cap Trust
N/A$9.44
-1.1%
N/A-5.8%$478.19M$93.64M0.00N/ADividend Cut
Short Interest ↑
IFN
The India Fund
N/A$14.97
-1.9%
N/A-30.8%$464.75M$175.62M0.0021,000Upcoming Earnings
MCI
Barings Corporate Investors
N/A$21.67
-6.5%
N/A+15.3%$439.82M$38.27M0.00N/AHigh Trading Volume
MVF
BlackRock MuniVest Fund
N/A$7.20
-1.4%
N/A+3.7%$434.23MN/A0.00147,000Dividend Announcement
Short Interest ↓
News Coverage
Positive News
EVN
Eaton Vance Municipal Income Trust
N/A$10.70
-0.2%
N/A+4.5%$424.24M$38.57M0.00N/ADividend Announcement
Insider Trade
News Coverage
Positive News
MYN
BlackRock MuniYield New York Quality Fund
N/A$10.18
+0.0%
N/A-2.7%$389.84M$19.20M0.00N/ADividend Increase
News Coverage
Positive News
KTF
DWS Municipal Income Trust
N/A$9.67
-0.2%
N/A+8.8%$378.61M$35.07M0.00N/A
HQL
Abrdn Life Sciences Investors
N/A$13.66
-1.4%
N/A-6.3%$373.56M$86.69M0.00N/A
SAR
Saratoga Investment
2.02 of 5 stars
$25.77
-0.8%
$25.08
-2.6%
+7.2%$369.63M$46.93M10.393,211Short Interest ↓
News Coverage

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This page (NYSE:PAI) was last updated on 3/5/2025 by MarketBeat.com Staff
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