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 PE Ratio is 21.43. This represents a change of -23.89% compared to the average of 28.15 of the last 4 quarters.
The mean historical PE Ratio of Western Asset Investment Grade Income Fund Inc. over the last ten years is 66.43. The current 21.43 PE Ratio has changed 3.13% with respect to the historical average. Over the past ten years (40 quarters), PAI's PE Ratio was at its highest in in the December 2021 quarter at 233.44. The PE Ratio was at its lowest in in the June 2021 quarter at -837.79.
Average
66.43
Median
10.25
Minimum
-41.67
Maximum
647.47
Discovering the peaks and valleys of Western Asset Investment Grade Income Fund Inc. PE 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 = 5.39%
Maximum Annual PE Ratio = 647.47
Minimum Annual Increase = -436.76%
Minimum Annual PE Ratio = -41.67
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 31.45 | 189.97% |
| 2023 | 10.85 | -341.17% |
| 2022 | -4.50 | -100.69% |
| 2021 | 647.47 | 5.39% |
| 2020 | 11.80 | 64.99% |
| 2019 | 7.15 | -138.04% |
| 2018 | -18.80 | -275.75% |
| 2017 | 10.70 | 9.05% |
| 2016 | 9.81 | -123.54% |
| 2015 | -41.67 | -436.76% |
The current PE Ratio of Western Asset Investment Grade Income Fund Inc. (PAI) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
12.60
5-year avg
139.42
10-year avg
66.43
Western Asset Investment Grade Income Fund Inc.’s PE Ratio is greater than Western Asset Investment Grade Defined Opportunity Trust Inc. (10.42), greater than Madison Dividend Income Fd Cl Y (6.88), greater than John Hancock Investors Trust (14.65), less than MFS High Income Municipal Trust (62.11), greater than Meeder Tactical Income Retail (0), greater than Western Asset Mortgage Opportunity Fund Inc. (8.41), greater than Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (10.32), greater than Greenspring Fund Inc. (0), greater than MFS Government Markets Income Trust (19.68), greater than John Hancock Income Securities Trust (12.85),
| Company | PE Ratio | Market cap |
|---|---|---|
| 10.42 | $98.60M | |
| 6.88 | $116.63M | |
| 14.65 | $123.91M | |
| 62.11 | $117.91M | |
| 0 | $123.99M | |
| 8.41 | $131.31M | |
| 10.32 | $124.23M | |
| 0 | $123.40M | |
| 19.68 | $101.36M | |
| 12.85 | $136.27M |
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