Western Asset Investment Grade Opportunity Trust Inc. Announces Financial Position as of February 28, 2025
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) has released its financial position for February 28, 2025. The Fund reported total net assets of $104,648,369, with a NAV per share of $17.46 and a market price of $16.69, representing a discount of 4.41%.
For the quarter, the Fund recorded total net investment income of $1,272,473 ($0.21 per share) and a net realized/unrealized loss of $648,126 ($0.11 per share), resulting in a net increase in assets from operations of $624,347 ($0.10 per share).
A significant development occurred on October 2, 2024, when the Fund completed a tender offer, accepting 4,854,372 common shares at $18.15 per share, reducing the outstanding shares from 10,848,022 to 5,993,650.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) ha pubblicato la sua situazione finanziaria al 28 febbraio 2025. Il Fondo ha riportato attività nette totali per $104.648.369, con un valore patrimoniale netto (NAV) per azione di $17,46 e un prezzo di mercato di $16,69, corrispondente a uno sconto del 4,41%.
Nel trimestre, il Fondo ha registrato un reddito netto da investimenti totale di $1.272.473 ($0,21 per azione) e una perdita netta realizzata/non realizzata di $648.126 ($0,11 per azione), con un aumento netto delle attività derivante dalle operazioni di $624.347 ($0,10 per azione).
Un evento significativo è avvenuto il 2 ottobre 2024, quando il Fondo ha completato un'offerta pubblica di acquisto, accettando 4.854.372 azioni ordinarie a $18,15 per azione, riducendo le azioni in circolazione da 10.848.022 a 5.993.650.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) ha publicado su posición financiera al 28 de febrero de 2025. El Fondo reportó activos netos totales por $104,648,369, con un valor liquidativo (NAV) por acción de $17.46 y un precio de mercado de $16.69, representando un descuento del 4.41%.
En el trimestre, el Fondo registró ingresos netos totales por inversiones de $1,272,473 ($0.21 por acción) y una pérdida neta realizada/no realizada de $648,126 ($0.11 por acción), resultando en un aumento neto de activos por operaciones de $624,347 ($0.10 por acción).
Un acontecimiento importante tuvo lugar el 2 de octubre de 2024, cuando el Fondo completó una oferta pública de adquisición, aceptando 4,854,372 acciones ordinarias a $18.15 por acción, reduciendo las acciones en circulación de 10,848,022 a 5,993,650.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI)는 2025년 2월 28일 기준 재무상태를 발표했습니다. 펀드는 총 순자산 $104,648,369를 보고했으며, 주당 순자산가치(NAV)는 $17.46, 시장 가격은 $16.69로 4.41% 할인율을 나타냈습니다.
분기 동안 펀드는 총 순투자수익 $1,272,473($0.21 주당)과 순실현/미실현 손실 $648,126($0.11 주당)을 기록하여, 영업활동으로 인한 순자산 증가는 $624,347($0.10 주당)였습니다.
중요한 사건으로 2024년 10월 2일, 펀드는 공개매수(tender offer)를 완료하여 4,854,372 보통주를 주당 $18.15에 인수하며, 유통 주식 수를 10,848,022에서 5,993,650으로 줄였습니다.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE : IGI) a publié sa situation financière au 28 février 2025. Le Fonds a déclaré un actif net total de 104 648 369 $, avec une valeur liquidative (NAV) par action de 17,46 $ et un cours de marché de 16,69 $, représentant une décote de 4,41 %.
Au cours du trimestre, le Fonds a enregistré un revenu net total d'investissement de 1 272 473 $ (0,21 $ par action) et une perte nette réalisée/non réalisée de 648 126 $ (0,11 $ par action), entraînant une augmentation nette des actifs provenant des opérations de 624 347 $ (0,10 $ par action).
Un événement important s'est produit le 2 octobre 2024, lorsque le Fonds a finalisé une offre publique d'achat, acceptant 4 854 372 actions ordinaires au prix de 18,15 $ par action, réduisant ainsi le nombre d'actions en circulation de 10 848 022 à 5 993 650.
Western Asset Investment Grade Opportunity Trust Inc. (NYSE: IGI) hat seine finanzielle Lage zum 28. Februar 2025 veröffentlicht. Der Fonds meldete Gesamt-Nettovermögen von 104.648.369 $, mit einem Nettoinventarwert (NAV) je Aktie von 17,46 $ und einem Marktpreis von 16,69 $, was einem Abschlag von 4,41 % entspricht.
Im Quartal verzeichnete der Fonds Nettoanlageerträge in Höhe von 1.272.473 $ (0,21 $ je Aktie) und einen realisierten/unerwarteten Nettoverlust von 648.126 $ (0,11 $ je Aktie), was zu einem Nettovermögenszuwachs aus dem operativen Geschäft von 624.347 $ (0,10 $ je Aktie) führte.
Eine bedeutende Entwicklung fand am 2. Oktober 2024 statt, als der Fonds ein Rückkaufangebot abschloss und 4.854.372 Stammaktien zu je 18,15 $ annahm, wodurch die ausstehenden Aktien von 10.848.022 auf 5.993.650 reduziert wurden.
- None.
- None.
| Current Q | Previous Q | Prior Yr Q | ||||||
| February 28, 2025 | November 30, 2024 | February 29, 2024 | ||||||
| Total Net Assets | $ |
104,648,369 |
$ |
105,300,669 |
* | $ |
188,642,691 |
|
| NAV Per Share of Common Stock (a) | $ |
17.46 |
$ |
17.57 |
$ |
17.39 |
||
| Market Price Per Share | $ |
16.69 |
$ |
16.75 |
$ |
17.06 |
||
| Premium / (Discount) |
|
(4.41)% |
|
(4.67)% |
|
(1.90)% |
||
| Outstanding Shares |
|
5,993,650 |
|
5,993,650 |
* |
|
10,848,022 |
|
| Total Net Investment Income (b) | $ |
1,272,473 |
$ |
1,516,386 |
$ |
2,271,249 |
||
| Total Net Realized/Unrealized Gain/(Loss) (b) | $ |
(648,126) |
$ |
(131,357) |
$ |
3,462,903 |
||
| Net Increase (Decrease) in Net Assets From Operations (b) | $ |
624,347 |
$ |
1,385,029 |
$ |
5,734,152 |
||
| Earnings per Common Share Outstanding | ||||||||
| Total Net Investment Income (b) | $ |
0.21 |
$ |
0.25 |
$ |
0.21 |
||
| Total Net Realized/Unrealized Gain/(Loss) (b) | $ |
(0.11) |
$ |
(0.02) |
$ |
0.32 |
||
| Net Increase (Decrease) in Net Assets From Operations (b) | $ |
0.10 |
$ |
0.23 |
$ |
0.53 |
||
| Undistributed Net Investment Income (c) | $ |
(387,665) |
$ |
(383,491) |
$ |
(518,605) |
||
| Undistributed Net Investment Income | ||||||||
| Per Share (c) | $ |
(0.06) |
$ |
(0.06) |
$ |
(0.05) |
||
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. |
|
* |
On October 2, 2024, Western Asset Investment Grade Opportunity Trust Inc. accepted for tender 4,854,372 common shares that were repurchased at |
|
This financial data is unaudited.
The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset Investment Grade Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is advised by Franklin Templeton Fund Advisor, LLC (“FTFA”) and is sub-advised by Western Asset Management Company (“Western Asset”). FTFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. (“Franklin Resources”).
For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. 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. Franklin Resources and its affiliates do not engage in selling shares of the Fund.
Category: Financials
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20250416976828/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
What was IGI's NAV per share as of February 28, 2025?
How many shares were repurchased in IGI's October 2024 tender offer?
What was IGI's total net investment income for the quarter ending February 28, 2025?
How does IGI's current market price compare to its NAV (premium/discount)?
How did IGI's total net assets change compared to the previous year?
