Western Asset Investment Grade Income Fund Inc. has announced its financial position as of March 31, 2025. The Fund reported a total net investment income of $1.523 million for the current quarter, consistent with the previous quarter's income of $1.523 million, and slightly above the prior year's $1.489 million. The total net realized/unrealized gain/loss showed a significant improvement, with a gain of $1.070 million compared to a loss of $5.110 million in the previous quarter. The net increase in net assets from operations was $2.593 million, contrasting with a decrease of $3.587 million in the previous quarter, and a smaller increase of $0.432 million in the prior year quarter. The earnings per common share from total net investment income remained stable at $0.16, while the gain/loss per share improved to $0.11 from a loss of $0.54 in the previous quarter. The net increase in net assets from operations per share was $0.27, compared to a decrease of $0.38 in the previous quarter. The Fund's total net assets were reported at $123.832 million, a slight increase from $122.717 million in the previous quarter. The NAV per share of common stock was $13.02, up from $12.90 in the previous quarter. The market price per share was $12.85, reflecting a smaller discount of 1.31% compared to the previous quarter's discount of 3.02%. The Fund continues to be managed by Western Asset Management Company, a subsidiary of Franklin Resources, maintaining its focus on a diversified portfolio of debt securities.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.