PAI
Price:
$12.43
Market Cap:
$118.22M
Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index. Western Asset Income Fund was formed on March 22, 1973 and is domiciled in the United States.
Industry
Asset Management - Income
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
PAI
According to Western Asset Investment Grade Income Fund Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.43. This represents a change of 45.55% compared to the average of 0.98 of the last 4 quarters.
The mean historical Current Ratio of Western Asset Investment Grade Income Fund Inc. over the last ten years is 17.81. The current 1.43 Current Ratio has changed 701.01% with respect to the historical average. Over the past ten years (40 quarters), PAI's Current Ratio was at its highest in in the December 2013 quarter at 33.59. The Current Ratio was at its lowest in in the December 2023 quarter at 0.
Average
17.81
Median
17.82
Minimum
0
Maximum
32.86
Discovering the peaks and valleys of Western Asset Investment Grade Income Fund Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 32.86
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.88 | -60.49% |
| 2023 | 12.36 | 101.24% |
| 2022 | 6.14 | -49.22% |
| 2021 | 12.09 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 29.15 | -11.28% |
| 2018 | 32.86 | 1.37% |
| 2017 | 32.42 | 30.42% |
| 2016 | 24.86 | 6.76% |
| 2015 | 23.28 | 831.86% |
The current Current Ratio of Western Asset Investment Grade Income Fund Inc. (PAI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.80
5-year avg
7.10
10-year avg
17.81
Western Asset Investment Grade Income Fund Inc.’s Current Ratio is greater than Western Asset Investment Grade Defined Opportunity Trust Inc. (0), less than Madison Dividend Income Fd Cl Y (1.65), less than John Hancock Investors Trust (1.79), greater than MFS High Income Municipal Trust (0.27), greater than Meeder Tactical Income Retail (0), greater than Western Asset Mortgage Opportunity Fund Inc. (0.43), greater than Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (1.20), greater than Greenspring Fund Inc. (0), less than MFS Government Markets Income Trust (12.87), greater than John Hancock Income Securities Trust (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $98.60M | |
| 1.65 | $116.63M | |
| 1.79 | $123.91M | |
| 0.27 | $117.91M | |
| 0 | $123.99M | |
| 0.43 | $131.31M | |
| 1.20 | $124.23M | |
| 0 | $123.40M | |
| 12.87 | $101.36M | |
| 0 | $136.27M |
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