Western Asset Investment Grade Income Fund Inc. Portfolio Composition as of December 31, 2018
NEW YORK--(BUSINESS WIRE)--Jan 30, 2019--Western Asset Investment Grade Income Fund Inc. (NYSE:PAI) announces its portfolio composition as of December 31, 2018.
Investment Objective: The Fund seeks a high level of current income, consistent with prudent investment risk through investment in a diversified portfolio of debt securities. To a lesser extent, the Fund may also invest in privately placed debt securities and in certain equity securities. Capital appreciation is a secondary investment objective.
Note: Prior to March 29, 2018, this fund was known as Western Asset Income Fund.
Western Asset Investment Grade Income Fund Inc., a diversified closed-end investment management company, is advised by Western Asset Management Company, a wholly owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company Limited, an affiliate of the advisor.
An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Fixed income securities are subject to credit risk, inflation risk, call risk, and interest rate risks. As interest rates rise, bond prices fall, reducing the value of the Fund’s share price. High yield bonds are subject to additional risk and volatility.
Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.
For more information, please call Fund Investor Services at 1-888-777-0102, or consult the Fund’s web site at http://www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.
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CONTACT: Fund Investor Services
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Western Asset Investment Grade Income Fund Inc.
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PUB: 01/30/2019 05:30 PM/DISC: 01/30/2019 05:30 PM