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Upturn AI Summary - About
Western Asset Investment Grade Defined Opportunity Closed Fund(IGI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for IGI
09/25/2026: IGI (1-star) is currently NOT-A-BUY. Pass it for now.
Western Asset Investment Grade Defined Opportunity Closed Fund is a specialized closed-end fund focusing on high-quality corporate debt to provide steady monthly income. The fund benefits from the extensive credit research capabilities of its management team, making it a strong fit for income-oriented investors. Its primary investment story centers on capturing yield from investment-grade bonds while managing market-driven discount fluctuations. However, investors must consider risks such as interest rate sensitivity, potential NAV discounts, and broader credit market volatility. The fund best suits those seeking consistent income, provided they can tolerate the price volatility inherent in the closed-end fund structure, and is a candidate for monitoring during interest rate shifts.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund is designed for income rather than capital appreciation growth. |
| Momentum investor | Mixed fit | Momentum can be found during tightening credit spreads, but this is primarily an income vehicle. |
| Value investor | Strong fit | Investors may find value when the fund trades at a significant discount to its underlying NAV. |
| Dividend investor | Strong fit | The fund is specifically structured to provide regular income distributions for investors. |
| Low-risk investor | Mixed fit | While investment-grade bonds are lower risk, the closed-end fund structure introduces market price volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The market price of the fund can fluctuate independently of the underlying bond values. |
| Valuation risk | Medium | Buying at a premium to NAV poses risk to total return if the premium narrows. |
| Competition risk (Fixed Income CEF) | Medium | Other funds may offer higher yields or better structures, drawing demand away from IGI. |
| Business quality | Strong | The management team at Western Asset is highly experienced in institutional fixed income. |
| Dividend income | Medium | Distributions are subject to the underlying portfolio's income generation and interest rate changes. |
| Execution risk | Low | The fund's passive income strategy limits execution complexity, focusing on security selection. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 4.37% | Avg. Invested days 60 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 94.40M USD | Price to earnings Ratio 14.06 | 1Y Target Price - |
Price to earnings Ratio 14.06 | 1Y Target Price - | ||
Volume (30-day avg) 18.1K shares | Beta - | 52 Weeks Range 15.01 - 16.43 | Updated Date 09/25/2026 |
52 Weeks Range 15.01 - 16.43 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.12 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Investment Portfolio Income | Interest income from high-quality corporate bonds held in the portfolio. | The fund collects interest from the bonds it owns and pays that out to shareholders. |
Valuation
Trailing PE 14.06 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 13.61 |
Enterprise Value - | Price to Sales(TTM) 13.61 | ||
Enterprise Value to Revenue 13.61 | Enterprise Value to EBITDA - | Shares Outstanding 5.99M | Shares Floating - |
Shares Outstanding 5.99M | Shares Floating - | ||
Percent Insiders 0.01 | Percent Institutions 49.35 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Western Asset Investment Grade Defined Opportunity Closed Fund
Exchange NYSE | Headquarters 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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