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Upturn AI SWOT - About
IGI 
Western Asset Investment Grade Defined Opportunity Closed Fund (IGI)
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Upturn Advisory Summary
08/14/2025: IGI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.
Analysis of Past Performance
Type Stock | Historic Profit 4.41% | Avg. Invested days 53 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 99.37M USD | Price to earnings Ratio 12.37 | 1Y Target Price - |
Price to earnings Ratio 12.37 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 15.70 - 18.30 | Updated Date 06/29/2025 |
52 Weeks Range 15.70 - 18.30 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 5.14% | Basic EPS (TTM) 1.34 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 12.37 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 5.83 |
Enterprise Value - | Price to Sales(TTM) 5.83 | ||
Enterprise Value to Revenue 5.83 | Enterprise Value to EBITDA - | Shares Outstanding 5993650 | Shares Floating - |
Shares Outstanding 5993650 | Shares Floating - | ||
Percent Insiders 12.88 | Percent Institutions 37.99 |
Upturn AI SWOT
Western Asset Investment Grade Defined Opportunity Closed Fund
Company Overview
History and Background
Western Asset Investment Grade Defined Opportunity Closed Fund (IGI) is a closed-end fund. Details on exact founding year and early milestones are limited in readily available public sources, but it invests primarily in investment-grade corporate debt securities and other fixed-income instruments.
Core Business Areas
- Investment Management: Primary business is the active management of a portfolio comprised mainly of investment-grade corporate bonds and other fixed-income assets. Focus is generating income and capital appreciation.
Leadership and Structure
The fund is managed by Western Asset Management, a global fixed-income investment manager. Specific individual leadership details for the fund level (e.g., portfolio managers) would require looking at fund-specific documentation.
Top Products and Market Share
Key Offerings
- Investment-Grade Bond Portfolio: The Fund's main offering is a portfolio of investment-grade corporate bonds designed to generate income and capital appreciation. It competes with other closed-end bond funds, mutual funds, and ETFs focused on investment-grade debt. Market share data at the specific fund level is not readily available but is a relatively small slice of the overall fixed income market. Competitors include PIMCO, BlackRock, and Nuveen.
Market Dynamics
Industry Overview
The closed-end fund industry focused on fixed income is driven by interest rates, credit spreads, and investor demand for income. It is sensitive to macroeconomic conditions and monetary policy.
Positioning
IGI seeks to offer income and capital appreciation through active management of investment-grade bonds. It competes with numerous other fixed-income investment vehicles.
Total Addressable Market (TAM)
The total addressable market consists of the entire investment grade fixed income market, worth trillions of dollars. IGI's position is a very small portion of this, actively competing for investor capital within the closed-end fund structure.
Upturn SWOT Analysis
Strengths
- Experienced Management Team (Western Asset Management)
- Diversified Investment-Grade Portfolio
- Potential for Discount to Net Asset Value (NAV) opportunities
Weaknesses
- Closed-End Fund Structure (potential for discount to NAV)
- Reliance on Managerial Expertise
- Sensitivity to Interest Rate Changes
Opportunities
- Exploiting Market Inefficiencies in Fixed Income
- Growing Demand for Income-Generating Assets
- Capitalizing on Credit Spread Volatility
Threats
- Rising Interest Rates
- Credit Downgrades
- Economic Recession
- Increased Competition
Competitors and Market Share
Key Competitors
- PIMCO Corporate & Income Opportunity Fund (PTY)
- BlackRock Corporate High Yield Fund, Inc. (HYT)
- Nuveen Credit Strategies Income Fund (JQC)
Competitive Landscape
IGI competes with other actively managed closed-end funds in the investment-grade fixed income space. Advantages and disadvantages relative to peers depend on fund performance, expense ratios, and investment strategy.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is tied to the performance of the underlying bond portfolio and market conditions.
Future Projections: Future projections are dependent on macroeconomic factors and the manager's ability to generate returns.
Recent Initiatives: Recent initiatives will be disclosed in fund reports, potentially including adjustments to portfolio allocation based on market outlook.
Summary
Western Asset Investment Grade Defined Opportunity Closed Fund (IGI) offers income and capital appreciation opportunities through investment-grade bonds, overseen by Western Asset Management. Its closed-end structure presents both opportunities and risks, sensitive to interest rate changes and economic conditions. Strong management and diversified portfolio are strengths, while the NAV discount and market volatility pose challenges. Monitoring the fund's performance, dividend payouts, and competitive positioning are key to gauging its long-term prospects.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Financial News Sources (e.g., Bloomberg, Reuters)
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions can change rapidly, and past performance is not indicative of future results. Please consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Western Asset Investment Grade Defined Opportunity Closed Fund
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2009-06-26 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Western Asset Investment Grade Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited. The fund invests in fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in investment-grade corporate debt securities with varied maturities. It will liquidate on or about December 2, 2024. The fund conducts in-house research to make its investments. Western Asset Investment Grade Opportunity Trust Inc. was formed on June 26, 2009 and is domiciled in the United States.
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