FMP
Western Asset Investment Grade Defined Opportunity Trust Inc.
IGI
NYSE
Western Asset Investment Grade Defined 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 Defined Opportunity Trust Inc. was formed on June 26, 2009 and is domiciled in the United States.
16.44 USD
0.01 (0.06083%)
Tony Dante
Nov 20, 2024
Mawson Infrastructure Group Inc. (NASDAQ: MIGI) is a company that focuses on digital infrastructure platforms, catering to sectors like artificial intelligence, high-performance computing, and digital assets. Despite its innovative business model, MIGI's recent financial performance has raised some concerns. On November 14, 2024, the company reported an earnings per share (EPS) of -$0.66, which was below the expected EPS of -$0.31. Additionally, the revenue of approximately $12.3 million fell sh...
Seeking Alpha
Aug 18, 2024
We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, High Income Securities Fund, is implementing a novel strategy to get its initiatives approved by shareholders.
Seeking Alpha
Dec 3, 2023
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatility to consider when investing in these funds, which would otherwise be for more conservative investors. Besides the higher yields, when rates decline investment-grade funds should see a significant rebound, adding a catalyst for potential upside and 'locking in' higher yields now.
Davit Kirakosyan
Feb 7, 2023
Selective Insurance Group (NASDAQ:SIGI) shares gained more than 7% since the company’s reported Q4 results on Thursday, with EPS of $1.46 coming in better than the Street estimate of $1.45 and in line with the recently pre-announced figure. Revenue was $952.2 million, beating the Street estimate of $820.32 million. Better-than-anticipated Personal Lines and E&S results were offset by weaker-than-anticipated Commercial Lines results. Other positives from the results include Double-digit premium ...
Seeking Alpha
Jan 31, 2023
Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.
Seeking Alpha
Nov 25, 2021
15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results.
seekingalpha.com
Sep 9, 2020
13 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. Commodities lead while MLPs lag.
seekingalpha.com
Sep 9, 2020
The sudden stop to markets induced by COVID-19 caused a substantial repricing of credit risk globally, and central banks, treasuries, and ministries of finance around the world responded unequivocally.
seekingalpha.com
Sep 9, 2020
We downgrade investment grade credit to neutral and increase our overweight in high yield as we see volatility rising after a rally in risk assets.
seekingalpha.com
Aug 31, 2020
8 out of 23 CEF sectors positive on price and 7 out of 23 sectors positive on NAV last week. Taxable munis gain while MLPs lag.