Western Asset Investment Trust Reports Earnings
- Earnings Per Share: Western Asset Investment Grade Defined Opportunity Trust reported a net investment income of $0.22 per common share, indicating the company's ability to maintain stable earnings amidst economic fluctuations.
- Total Investment Income: The trust achieved a total net investment income of $1,301,296, reflecting strong performance in its investment portfolio, which provides ongoing cash flow to shareholders.
- Asset Size: As of the reporting date, the trust's total net assets stood at $106,106,862, demonstrating the company's robustness in asset management and market confidence, enhancing its potential for future investments.
- Dividend Performance: The dividend scorecard for Western Asset Investment Trust highlights transparency and stability in its dividend policy, further attracting investors seeking reliable income streams.
Trade with 70% Backtested Accuracy
Analyst Views on IGI
No data
About IGI
About the author
Western Asset Investment Trust Reports Earnings
- Earnings Per Share: Western Asset Investment Grade Defined Opportunity Trust reported a net investment income of $0.22 per common share, indicating the company's ability to maintain stable earnings amidst economic fluctuations.
- Total Investment Income: The trust achieved a total net investment income of $1,301,296, reflecting strong performance in its investment portfolio, which provides ongoing cash flow to shareholders.
- Asset Size: As of the reporting date, the trust's total net assets stood at $106,106,862, demonstrating the company's robustness in asset management and market confidence, enhancing its potential for future investments.
- Dividend Performance: The dividend scorecard for Western Asset Investment Trust highlights transparency and stability in its dividend policy, further attracting investors seeking reliable income streams.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) or (the “Fund”) Announces Portfolio Management Team Update
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.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) or (the "Fund") Announces Portfolio Management Team Update
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.
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Retirement of Directors
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.
Western Asset Investment Trust Reports Earnings
- Earnings Per Share: Western Asset Investment Grade Defined Opportunity Trust reported a net investment income of $0.22 per common share, indicating the company's ability to maintain stable earnings amidst economic fluctuations.
- Total Investment Income: The trust achieved a total net investment income of $1,301,296, reflecting strong performance in its investment portfolio, which provides ongoing cash flow to shareholders.
- Asset Size: As of the reporting date, the trust's total net assets stood at $106,106,862, demonstrating the company's robustness in asset management and market confidence, enhancing its potential for future investments.
- Dividend Performance: The dividend scorecard for Western Asset Investment Trust highlights transparency and stability in its dividend policy, further attracting investors seeking reliable income streams.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) or (the “Fund”) Announces Portfolio Management Team Update
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.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) or (the "Fund") Announces Portfolio Management Team Update
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.
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Retirement of Directors
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.
