Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) To Go Ex-Dividend on January 23rd

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, January 23rd will be paid a dividend of 0.071 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, January 23rd.

Western Asset Investment Grade Defined Opportunity Trust Trading Down 0.1%

Shares of IGI opened at $16.42 on Wednesday. The stock has a 50 day moving average price of $16.45 and a 200 day moving average price of $16.57. Western Asset Investment Grade Defined Opportunity Trust has a one year low of $15.70 and a one year high of $17.09.

Western Asset Investment Grade Defined Opportunity Trust Company Profile

Western Asset Investment Grade Defined Opportunity Trust (NYSE: IGI) is a closed-end management investment company that seeks to provide high current income while preserving capital through investments primarily in investment-grade fixed-income securities. The trust pursues a total return strategy by allocating assets across a variety of debt instruments, including senior secured and unsecured corporate bonds, asset-backed securities, mortgage-backed securities and U.S. government agency obligations.

The fund’s portfolio is actively managed to capitalize on yield opportunities and manage risk, combining top-down macroeconomic analysis with bottom-up credit research.