IGI News and Press, Western Asset Investment Grade Defined Opportunity Trust Inc. From 11/14/22

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of December 2022, January and February 2023. The following dates apply to the distribution schedule below: This press release is not for tax repor...

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of August 31, 2022. Footnotes: (a) NAVs are calculated as of the close of business on the last business day in the periods indicated above. (b) For t...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of September, October, and November 2022. The following dates apply to the distribution schedule below: This press release is not for tax reportin...

The expected risk premium continued sliding in April for the Global Markets Index (GMI). Tuesday’s revision reflects a drop to a 5.4% annualized increase for the long term – a relatively large cut of 40 basis points from last month’s estimate. The forecast ref...

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI) today announced the financial position of the Fund as of February 28, 2022. Footnotes: (a) NAVs are calculated as of the close of business on the last business day in the periods indicated above. (b) For...

The expected risk premium for the Global Market Index ticked slightly higher in March to an annualized 5.8% pace, fractionally above last month’s estimate. Using short-term momentum and medium-term mean-reversion market factors (defined below) to adjust the forecast trims GMI&#...

As the world reels from the crisis, the blowback is rippling across the world economy and markets. The current risk premia analysis implicitly recommends managing expectations down for GMI and other global multi-asset-class portfolios. The mean reversion factor is estimated as the...

We highlight FFC - a strong performer in the preferreds sector that has just moved out to an attractive valuation. We also use FFC as a case study of how the Fed's rate hiking trajectory will raise most fund leverage costs and reduce CEF net income levels. And discuss strategies f...

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2022. The following dates apply to the distribution schedule below: This press release is not for tax reporting purposes b...

The expected risk premium for the Global Market Index edged down in January from the previous month’s estimate. Using short-term momentum and medium-term mean-reversion market factors to adjust the forecast reduces GMI’s ex-ante risk premium to an annualized 5.4%. Th...