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StockVS

NYSE · Asset Management · USD

Western Asset Investment Grade Income Fund Inc. (PAI) Stock Analysis

Western Asset Investment Grade Income Fund Inc. (PAI) is a Asset Management stock listed on NYSE and quoted in US Dollar.

PAI

$11.86

−$0.01 (−0.08%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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PAI Key Statistics

As of Sep 4, 2026
Trading
Open
$11.82
Previous Close
$11.87
Day's Range
11.82–11.89
52-Week Range
11.72–13.01
Volume
10.50K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.48
Valuation
Market Cap
$112.80M
P/E Ratio
12.89
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
15.61
EPS (ttm)Profit attributable to each share over the last twelve months.
0.92
Financials (FY)
Revenue (FY)
$9.93M+146.36%
Net Income (FY)
$9.65M+155.00%
Profit marginThe share of revenue left as profit after all costs and taxes.
79.56%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
9.51M
1-Year Return
−1.56%
Dividend and dates
Dividend
$0.63+5.31%
Ex-Dividend Date
August 24, 2026
Avg Volume
15.24K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

PAI Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−2.45%
2025+5.39%
2024+9.21%
2023+9.15%
2022−22.46%
2021+1.92%
2020+6.74%
2019+23.21%
2018−12.31%
2017+15.81%
2016 (partial year)−2.37%

As of September 4, 2026.

PAI Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$9.93M$9.65M97.2%
2024$4.03M$3.78M93.9%
2023$10.89M$10.59M97.2%
2022−$24.20M−$24.49M101.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$9.93M——$9.65M97.2%
2024$4.03M——$3.78M93.9%
2023$10.89M——$10.59M97.2%
2022−$24.20M——−$24.49M101.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

PAI Dividend History

$0.69+12.8% vs 2024

Dividends per share, 2025 · 13 payments

YearDividends per sharePaymentsChange
2026*$0.377—
2025$0.6913+12.8%
2024$0.6112+7.2%
2023$0.5712+0.7%
YearDividends per sharePaymentsChange
2026 (partial year)$0.377—
2025$0.6913+12.8%
2024$0.6112+7.2%
2023$0.5712+0.7%
2022$0.5612+0.0%
2021$0.5612−7.5%
2020$0.6112−12.0%
2019$0.6912−0.4%
2018$0.7012+0.0%
2017$0.7012+200.0%
2016$0.234—

Most recent payment: $0.05 per share, ex-dividend August 24, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

PAI Valuation vs Asset Management Median

Median of 561 stocks
MetricPAIAsset Management medianvs median
P/E12.8910.3425% above
P/S ratio15.6110.4250% above
Profit margin79.56%24.09%55.5 pts above

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Western Asset Investment Grade Income Fund Inc. (PAI) carries a market capitalisation of $112.80M. It is classified in the Asset Management industry, within the Financial Services sector.

The 52-week range on file runs from $11.72 to $13.01. The most recent close on file for PAI is $11.86, dated September 4, 2026. That is −$0.01 (−0.08%) against the previous close. The latest close sits 1.19% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $9.93M. That is +146.36% against the prior fiscal year, when revenue was $4.03M. Net income for the same year was $9.65M. That is +155.00% against the prior fiscal year. The reported profit margin is 79.57%. That is 55.5 percentage points above the Asset Management median of 24.09%. Earnings per share on a trailing basis come to 0.92.

Across the 4 fiscal years on file, revenue moves from −$24.20M in 2022 to $9.93M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 12.89 times earnings. That is 24.66% above the Asset Management median of 10.34. Measured against sales, the shares trade at 15.61 times revenue. On price-to-sales that is 49.82% above the Asset Management median of 10.42. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is −1.56%. Measured over 10 years, that is +2.20% a year compounded. Beta against the wider market is reported at 0.48. Daily returns over the trailing 10 years annualize to a volatility of 15.28%.

Growth & Income

PAI pays a dividend yielding 5.31%. That is 2.8 percentage points below the Asset Management median yield of 8.11%. The indicated annual rate is $0.63 a share. The ex-dividend date on file is August 24, 2026. Dividends are recorded for 11 calendar years; 2026 shows 7 payments totalling $0.37 a share. The year before, 2025, totalled $0.69 a share.

Across the complete calendar years on file, 2019 returned +23.21% and 2022 returned −22.46%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the price is −2.45%.

Peer Comparison

Western Asset Investment Grade Income Fund Inc. (PAI) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Western Asset Investment Grade Income Fund Inc. PAI $112.80M 12.9
BlackRock, Inc. BLK $182.35B 26.9
Blackstone Inc. BX $162.74B 30.5
KKR & Co. Inc. KKR $99.50B 34.4

The Asset Management industry average P/E ratio is 10.3x. Western Asset Investment Grade Income Fund Inc. trades at a P/E of 12.9.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Western Asset Investment Grade Income Fund Inc.

Western Asset Investment Grade Income Fund Inc. 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 Investment Grade Income Fund Inc. was formed on March 22, 1973 and is domiciled in the United States.

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