Portfolio Management Team Announcement: Effective January 3, 2025, the Fund will have a new portfolio management team consisting of Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh, and Molly Schwartz.
About Franklin Templeton and Western Asset: Franklin Templeton is a global investment management organization with over $1.6 trillion in assets under management, while Western Asset specializes in fixed-income management with $324.1 billion in AUM as of November 30, 2024.
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Wall Street analysts forecast IGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IGI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast IGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IGI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 16.590
Low
Averages
High
Current: 16.590
Low
Averages
High
No data
About IGI
Western Asset Investment Grade Defined Opportunity Trust Inc. is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund's net assets to stockholders. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in investment grade corporate fixed-income securities of varying maturities. The Fund's investment portfolio sectors include corporate bonds and notes; consumer discretionary; consumer staples; financials; energy; health care; industrials; information technology; utilities; materials; communication services; municipal bonds, and real estate. Legg Mason Partners Fund Advisor, LLC is the Fund's investment manager.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) or (the “Fund”) Announces Portfolio Management Team Update
Jan 03 2025Businesswire
Portfolio Management Team Announcement: Effective January 3, 2025, the Fund will have a new portfolio management team consisting of Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh, and Molly Schwartz.
About Franklin Templeton and Western Asset: Franklin Templeton is a global investment management organization with over $1.6 trillion in assets under management, while Western Asset specializes in fixed-income management with $324.1 billion in AUM as of November 30, 2024.
See More
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) or (the "Fund") Announces Portfolio Management Team Update
Jan 03 2025Newsfilter
Portfolio Management Team Announcement: Effective January 3, 2025, the Fund will be overseen by a new portfolio management team consisting of Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh, and Molly Schwartz.
About Franklin Templeton and Western Asset: Franklin Templeton is a global investment management organization with over $1.6 trillion in assets under management, while Western Asset specializes in fixed-income management with $324.1 billion in AUM, emphasizing long-term value investing and robust risk management.
See More
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Retirement of Directors
Dec 20 2024Newsfilter
Board Changes Announced: The Boards of various funds managed by Franklin Templeton announced the retirements of Directors Daniel J. Cronin and Paolo M. Cucchi, reducing the number of Directors from ten to eight effective December 31, 2024. Hillary A. Sale and Peter Mason will take over as Chairs of the Nominating and Compensation Committees, respectively, starting January 1, 2025.
Investment Risk Disclaimer: The press release emphasizes that investments in the Funds are subject to risks, including potential loss of value, and shares may trade at a discount to their net asset value on the New York Stock Exchange.
See More
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) or (the “Fund”) Announces Portfolio Management Team Update
Jan 03 2025Businesswire
Portfolio Management Team Announcement: Effective January 3, 2025, the Fund will have a new portfolio management team consisting of Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh, and Molly Schwartz.
About Franklin Templeton and Western Asset: Franklin Templeton is a global investment management organization with over $1.6 trillion in assets under management, while Western Asset specializes in fixed-income management with $324.1 billion in AUM as of November 30, 2024.
See More
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) or (the "Fund") Announces Portfolio Management Team Update
Jan 03 2025Newsfilter
Portfolio Management Team Announcement: Effective January 3, 2025, the Fund will be overseen by a new portfolio management team consisting of Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh, and Molly Schwartz.
About Franklin Templeton and Western Asset: Franklin Templeton is a global investment management organization with over $1.6 trillion in assets under management, while Western Asset specializes in fixed-income management with $324.1 billion in AUM, emphasizing long-term value investing and robust risk management.
See More
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Retirement of Directors
Dec 20 2024Newsfilter
Board Changes Announced: The Boards of various funds managed by Franklin Templeton announced the retirements of Directors Daniel J. Cronin and Paolo M. Cucchi, reducing the number of Directors from ten to eight effective December 31, 2024. Hillary A. Sale and Peter Mason will take over as Chairs of the Nominating and Compensation Committees, respectively, starting January 1, 2025.
Investment Risk Disclaimer: The press release emphasizes that investments in the Funds are subject to risks, including potential loss of value, and shares may trade at a discount to their net asset value on the New York Stock Exchange.