Western Asset Investment Grade Defined Opportunity Trust

Western Asset Investment Grade Defined Opportunity Trust, Inc. operates as a mutual fund, closed-end investment trust. Its objective is to distribute net investment income on a monthly basis and realize capital gains. The company was founded on June 26, 2009 and is headquartered in New York, NY.

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We review the CEF market valuation and performance through the third week of September and highlight recent market action. CEF market activity was mixed with tighter discounts and lower NAVs. Western Asset Investment Grade Defined Opportunity Trust's tender offer saw less than 50% shares tendered.

CEF Weekly Review: Rights Offerings Are Contingent Alpha

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Final Results of Issuer Tender Offer for Common Stock and Elimination of Term

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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.

CEF Weekly Review: PCF Tries To Get Shareholders To Care

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Tender Offer Details

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Results of Special Meeting of Stockholders and Other Fund Developments

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of February 29, 2024

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Results of Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) Announces Portfolio Management Team Update

Western Asset Mortgage Opportunity Fund

Western Asset Global High Income Fund

Western Asset High Income Opportunity Fund Inc

Western Asset High Income Fund

Western Asset High Yield Defined Opportunity Fund Inc

Western Asset Municipal High Income Fund

Western Asset Managed Municipals Fund

Western Asset

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

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Morgan Stanley Emerging Markets Debt Fund

Nuveen Municipal Credit Opportunities Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

PIMCO Access Income Fund

PIMCO Income Strategy Fund II

Franklin Templeton Emerging Markets Income Fund

Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.

CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities

Blackrock Core Bond Trust

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BlackRock Credit Allocation Income Trust

BlackRock Enhanced Government Fund

iShares iBoxx High Yield Corporate Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

MFS Government Markets Income Trust

MFS Intermediate Income Trust

Western Asset Investment Grade Income Fund

Western Asset Premier Bond Fund

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.

Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider

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Miller/Howard High Income Equity Fund

Nuveen Intermediate Duration Municipal Term Fund

Nuveen Multi-Asset Income Fund

PIMCO Dynamic Income Opportunities Fund

RiverNorth Capital and Income Fund

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.

Closed-End Funds: Term Structure Potential Vs. Perpetual Funds

TORONTO--( BUSINESS WIRE )--FrontWell Capital Partners Inc. (“FrontWell”) today announced the closing of a CAD 25 million secured credit facility with Mara Technologies Inc. and Mara Technologies USA Inc. (“Mara”), a manufacturer of electronic boards and assemblies focused in infrastructure, broad band communications and power management systems. Mara is a subsidiary of the Invotek Group, a global leader in electronics manufacturing services based in Markham, Ontario.

FrontWell Capital Partners Provides CAD 25 Million Senior Secured Credit Facility to Mara Technologies

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ClearBridge Energy MLP Fund Inc

ClearBridge Energy MLP Total Return Fund Inc

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Western Asset Municipal Partners Fund Inc

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The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independent Director of the Funds, who recently passed away. The Boards also announced that Nisha Kumar will succeed Ms. Kamerick as Chair of each Fund's Audit Committee.

Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director

NEW YORK--(BUSINESS WIRE)--Category: Financials

Western Asset Investment Grade Defined Opportunity Trust Inc.  Announces Financial Position as of August 31, 2022

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October, and November 2022

Western Asset Investment Grade Defined Opportunity Trust Inc.  Announces Financial Position as of February 28, 2022

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2022

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Gabelli Go Awhr Registered Shs

Guggenheim Strategic Opportunities Fund

Guggenheim Enhanced Equity Income Fund

Highland Income Fund

New American High Income Fund

Nuveen Diversified Dividend And Income Fund

Nuveen Tax-Advantaged Total Return Strategy Fund

Nuveen Tax-Advantaged Dividend Growth Fund

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Barings Participation Investors

Mexico Equity & Income Fund Inc

Nuveen Municipal Value Fund Inc

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.

Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Mergers Completed (November 14, 2021)

NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of August 31, 2021.   Current Q Previous Q Prior Yr Q   August 31, 2021 May 31, 2021 August 31, 2020 Total Net Assets   $ 237,992,225   $ 232,825,980   $ 234,200,164   NAV Per Share of Common Stock (a)   $ 21.94   $ 21.47   $ 21.60   Market Price Per Share   $ 21.68   $ 21.38   $ 21.78   Premium / (Discount)     (1.19 )%   (0.42 )%   0.83 % O

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of August 31, 2021

NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of February 28, 2021. Current Q Previous Q Prior Yr Q February 28, 2021 November 30, 2020 February 29, 2020 Total Net Assets $ 234,054,499 $ 239,462,059 $ 233,104,707 NAV Per Share of Common Stock (a) $ 21.59 $ 22.09 $ 21.51 Market Price Per Share $ 21.29 $ 21.42 $ 20.61 Premium / (Discount)   (1.39)%   (3.03)%   (4.18)% Outstanding Shares

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of February 28, 2021

NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of August 31, 2020. Current Q Previous Q Prior Yr Q August 31, 2020 May 31, 2020 August 31, 2019 Total Net Assets $ 234,200,164   $ 224,266,434   $ 229,423,193   NAV Per Share of Common Stock (a) $ 21.60   $ 20.69   $ 21.18   Market Price Per Share $ 21.78   $ 20.91   $ 21.44   Premium / (Discount)   0.83 %   (1.06 )%   1.23 % Outstanding Sha

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of August 31, 2020

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News for Western Asset Investment Grade Defined Opportunity Trust ETF (IGI)