Western Asset Investment Grade Income Fund (NYSE: PAI) or (the “Fund”) Announces Portfolio Management Team Update
Western Asset Investment Grade Income Fund (NYSE: PAI) has announced changes to its portfolio management team, effective January 3, 2025. The new team responsible for day-to-day oversight will consist of Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh, and Molly Schwartz.
The Fund trades on the New York Stock Exchange, and like other stocks, its share prices fluctuate with market conditions. Investors should note that closed-end fund shares often trade at a discount to their net asset value, which can increase investment risk. For additional information, investors can contact Fund Investor Services at 1-888-777-0102 or visit the Franklin Templeton website.
Il Western Asset Investment Grade Income Fund (NYSE: PAI) ha annunciato cambiamenti nel suo team di gestione del portafoglio, a partire dal 3 gennaio 2025. Il nuovo team responsabile della supervisione quotidiana sarà composto da Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh e Molly Schwartz.
Il fondo è quotato alla Borsa di New York e, come altre azioni, i suoi prezzi delle azioni fluttuano in base alle condizioni di mercato. Gli investitori devono notare che le azioni dei fondi chiusi spesso vengono scambiate a un prezzo inferiore rispetto al loro valore patrimoniale netto, il che può aumentare il rischio di investimento. Per ulteriori informazioni, gli investitori possono contattare i Servizi per gli Investitori del Fondo al numero 1-888-777-0102 o visitare il sito web di Franklin Templeton.
El Western Asset Investment Grade Income Fund (NYSE: PAI) ha anunciado cambios en su equipo de gestión de carteras, que entrarán en efecto el 3 de enero de 2025. El nuevo equipo responsable de la supervisión diaria estará compuesto por Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh y Molly Schwartz.
El fondo se negocia en la Bolsa de Nueva York y, como otras acciones, sus precios de acciones fluctúan con las condiciones del mercado. Los inversores deben tener en cuenta que las acciones de los fondos cerrados a menudo se negocian con un descuento sobre su valor neto de activos, lo que puede aumentar el riesgo de inversión. Para obtener más información, los inversores pueden ponerse en contacto con los Servicios para Inversores del Fondo al 1-888-777-0102 o visitar el sitio web de Franklin Templeton.
Western Asset Investment Grade Income Fund (NYSE: PAI)는 2025년 1월 3일부로 포트폴리오 관리 팀의 변화를 발표했습니다. 일상적인 관리 책임을 맡게 될 새로운 팀은 Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh, 그리고 Molly Schwartz로 구성됩니다.
이 펀드는 뉴욕 증권거래소에서 거래되며, 다른 주식과 마찬가지로 주가가 시장 상황에 따라 변동합니다. 투자자들은 폐쇄형 펀드 주식이 종종 순자산 가치에 비해 할인된 가격에 거래된다는 점을 유의해야 하며, 이는 투자 위험을 증가시킬 수 있습니다. 추가 정보가 필요할 경우, 투자자들은 펀드 투자 서비스에 1-888-777-0102로 연락하거나 Franklin Templeton 웹사이트를 방문할 수 있습니다.
Le Western Asset Investment Grade Income Fund (NYSE: PAI) a annoncé des changements dans son équipe de gestion de portefeuille, effectifs à compter du 3 janvier 2025. La nouvelle équipe responsable de la supervision quotidienne sera composée de Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh et Molly Schwartz.
Le fonds se négocie à la Bourse de New York et, comme d'autres actions, ses prix fluctuents en fonction des conditions du marché. Les investisseurs doivent noter que les actions des fonds fermés se négocient souvent à un prix inférieur à leur valeur nette d'actif, ce qui peut augmenter le risque d'investissement. Pour plus d'informations, les investisseurs peuvent contacter les Services aux Investisseurs du Fonds au 1-888-777-0102 ou visiter le site web de Franklin Templeton.
Der Western Asset Investment Grade Income Fund (NYSE: PAI) hat Änderungen in seinem Portfolio-Management-Team angekündigt, die am 3. Januar 2025 wirksam werden. Das neue Team, das für die tägliche Aufsicht verantwortlich sein wird, besteht aus Michael Buchanan, Dan Alexander, Ryan Brist, Blanton Keh und Molly Schwartz.
Der Fonds wird an der New Yorker Börse gehandelt, und wie bei anderen Aktien schwanken die Aktienkurse je nach Marktbedingungen. Anleger sollten beachten, dass der Aktienhandel von geschlossenen Fonds oft mit einem Abschlag auf den Nettoinventarwert erfolgt, was das Investitionsrisiko erhöhen kann. Für weitere Informationen können sich Anleger an die Fonds-Investorenservice unter 1-888-777-0102 wenden oder die Franklin Templeton-Website besuchen.
- None.
- None.
-
Michael
Buchanan - Dan Alexander
- Ryan Brist
- Blanton Keh
- Molly Schwartz
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.
For more information about the Fund, please call Fund Investor Services: 1-888-777-0102, or consult the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. The information contained on the Fund’s web site is not part of this press release. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.
The Fund’s shares are traded on the New York Stock Exchange. Similar to stocks, Fund share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.
About Western Asset
Western Asset is one of the world’s leading fixed-income managers with 50 years of experience and
Western Asset is an independent specialist investment manager of Franklin Templeton.
About Franklin Templeton
Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the
Category: Fund Announcement
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20250103643832/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Media Contact: Lisa Tibbitts
+1 (904) 942-4451
Lisa.Tibbitts@franklintempleton.com
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
When will the new portfolio management team take over Western Asset Investment Grade Income Fund (PAI)?
Who are the new portfolio managers for Western Asset PAI Fund?
How can investors get more information about Western Asset PAI Fund?
What are the trading characteristics of Western Asset PAI Fund shares?