Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) to Issue Monthly Dividend of $0.07 on September 30th

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) declared a monthly dividend on Wednesday, August 5th. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.071 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Wednesday, September 23rd.

Western Asset Investment Grade Defined Opportunity Trust Trading Down 0.1%

Shares of NYSE:IGI opened at $15.76 on Friday. Western Asset Investment Grade Defined Opportunity Trust has a 1 year low of $15.56 and a 1 year high of $17.09. The business has a fifty day simple moving average of $16.00 and a 200 day simple moving average of $16.16.

Western Asset Investment Grade Defined Opportunity Trust Company Profile

Western Asset Investment Grade Defined Opportunity Trust (NYSE: IGI) is a closed-end management investment company that seeks to provide high current income while preserving capital through investments primarily in investment-grade fixed-income securities. The trust pursues a total return strategy by allocating assets across a variety of debt instruments, including senior secured and unsecured corporate bonds, asset-backed securities, mortgage-backed securities and U.S. government agency obligations.

The fund’s portfolio is actively managed to capitalize on yield opportunities and manage risk, combining top-down macroeconomic analysis with bottom-up credit research.