Western Asset Investment Grade Income Fund Inc. Declares Distribution for the Months of October 2021 and November 2021, Payable on November 1, 2021 and December 1, 2021 Respectively
September 27, 2021 at 08:00 am EDT
Share
Western Asset Investment Grade Income Fund Inc. declared distribution of $0.04650 per share for the months of October 2021 and November 2021. Record dates are October 22, 2021 and November 22, 2021 respectively. Ex-Dividend are October 21, 2021 and November 19, 2021 respectively. Payable Date are November 1, 2021 and December 1, 2021 respectively.
Western Asset Investment Grade Income Fund Inc. (the Fund) is a diversified closed-end management investment company. The Fund primary investment objective is to seek a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. The Fund may also invest in privately placed debt securities and in certain equity securities. The Fund invests at least 80% of its net assets in fixed income securities that are rated in the Baa or BBB categories or above at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations (NRSROs) or unrated securities of comparable quality at the time of purchase (as determined by the Adviser). In addition, the Fund may invest up to 20% in other fixed income securities, and not more than 25% in securities restricted as to resale. The Fund's investment adviser is Western Asset Management Company, LLC (Western Asset).
Western Asset Investment Grade Income Fund Inc. Declares Distribution for the Months of October 2021 and November 2021, Payable on November 1, 2021 and December 1, 2021 Respectively