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

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) announced a monthly dividend on Thursday, May 14th. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.071 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Western Asset Investment Grade Defined Opportunity Trust Stock Down 0.1%

Shares of NYSE IGI opened at $16.17 on Friday. The stock has a fifty day moving average price of $16.11 and a 200 day moving average price of $16.28. Western Asset Investment Grade Defined Opportunity Trust has a 1-year low of $15.78 and a 1-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.