Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of August 31, 2024

NEW YORK--(BUSINESS WIRE)--October 29, 2024-- 

Western Asset Investment Grade Defined Opportunity Trust Inc. $(IGI)$ today announced the financial position of the Fund as of August 31, 2024.

 
                         Current Q         Previous Q        Prior Yr Q 
                      August 31, 2024     May 31, 2024    August 31, 2023 
Total Net Assets      $193,643,800      $187,788,087      $184,724,718 
NAV Per Share of 
 Common Stock (a)     $      17.85      $      17.31      $      17.03 
Market Price Per 
 Share                $      17.81      $      16.85      $      16.18 
Premium / (Discount)         (0.22)%           (2.66)%           (4.99)% 
Outstanding Shares      10,848,022        10,848,022        10,848,022 
 
Total Net Investment 
 Income (b)           $  2,297,018      $  2,315,679      $  2,251,563 
Total Net 
 Realized/Unrealized 
 Gain/(Loss) (b)      $  5,869,324      $   (892,199)     $ (1,541,442) 
                       -----------       -----------       ----------- 
Net Increase 
 (Decrease) in Net 
 Assets From 
 Operations (b)       $  8,166,342      $  1,423,480      $    710,121 
                       ===========       ===========       =========== 
 
Earnings per Common 
 Share Outstanding 
-------------------- 
Total Net Investment 
 Income (b)           $       0.21      $       0.21      $       0.21 
Total Net 
 Realized/Unrealized 
 Gain/(Loss) (b)      $       0.54      $      (0.08)     $      (0.14) 
                       -----------       -----------       ----------- 
Net Increase 
 (Decrease) in Net 
 Assets From 
 Operations (b)       $       0.75      $       0.13      $       0.07 
                       ===========       ===========       =========== 
 
Undistributed Net 
 Investment Income 
 (c)                  $   (494,621)     $   (481,010)     $   (504,290) 
Undistributed Net 
 Investment Income 
  Per Share (c)       $      (0.05)     $      (0.04)     $      (0.05) 
 
Footnotes: 
(a) NAVs are calculated as of the close of business on the last business 
day in the periods indicated above. 
(b) For the quarter indicated. 
(c) As of the date indicated above. 
 

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission ("SEC"), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC's website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset Investment Grade Defined Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is advised by Franklin Templeton Fund Advisor, LLC ("FTFA") (formerly known as Legg Mason Partners Fund Advisor, LLC) and is sub-advised by Western Asset Management Company ("Western Asset"). FTFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. ("Franklin Resources").

For more information about the Fund, please call 1-888-777-0102 or consult the Fund's web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund's complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Category: Financials

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20241029955312/en/

 
    CONTACT: 

Investor Contact: Fund Investor Services 1-888-777-0102

(END) Dow Jones Newswires

October 29, 2024 08:00 ET (12:00 GMT)