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Press release content from Business Wire. The AP news staff was not involved in its creation.

Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of August 31, 2019

October 30, 2019

NEW YORK--(BUSINESS WIRE)--Oct 30, 2019--

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of August 31, 2019.

 
Current QPrevious QPrior Yr Q
August 31, 2019May 31, 2019August 31, 2018
Total Net Assets

$

229,423,193

 

$

220,107,866

 

$

215,535,827

 

NAV Per Share of Common Stock (a)

$

21.18

 

$

20.32

 

$

19.91

 

Market Price Per Share

$

21.44

 

$

20.73

 

$

20.02

 

Premium / (Discount)

 

1.23%

 

2.02%

 

0.55%

Outstanding Shares

 

10,833,788

 

 

10,830,780

 

 

10,825,293

 

 
Total Net Investment Income (b)

$

2,388,691

 

$

2,501,251

 

$

2,413,811

 

Total Net Realized/Unrealized Gain/(Loss) (b)

$

9,626,646

 

$

5,942,666

 

$

(1,251,818

)

Net Increase (Decrease) in Net Assets From Operations (b)

$

12,015,337

 

$

8,443,917

 

$

1,161,993

 

 
Earnings per Common Share Outstanding
Total Net Investment Income (b)

$

0.22

 

$

0.23

 

$

0.22

 

Total Net Realized/Unrealized Gain/(Loss) (b)

$

0.90

 

$

0.55

 

$

(0.11

)

 
Net Increase (Decrease) in Net Assets From Operations (b)

$

1.12

 

$

0.78

 

$

0.11

 

 
Undistributed Net Investment Income (c)

$

(1,020,942

)

$

(647,272

)

$

(84,083

)

Undistributed Net Investment Income
Per Share (c)

$

(0.09

)

$

(0.06

)

$

(0.01

)

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, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website at www.sec.gov. To obtain information on Form N-Q 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 managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, an affiliate of the adviser.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. 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. Legg Mason and its affiliates do not engage in selling shares of the Fund.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191030005473/en/

Fund Investor Services 1-888-777-0102 

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Western Asset Investment Grade Defined Opportunity Trust Inc.

Copyright Business Wire 2019.

PUB: 10/30/2019 08:00 AM/DISC: 10/30/2019 08:00 AM

http://www.businesswire.com/news/home/20191030005473/en