Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI) To Go Ex-Dividend on August 24th

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) declared a monthly dividend on Thursday, May 14th. Investors of record on Monday, August 24th will be paid a dividend of 0.071 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Investment Grade Defined Opportunity Trust Stock Up 0.3%

NYSE IGI opened at $15.96 on Friday. The stock’s 50-day moving average price is $15.97 and its 200-day moving average price is $16.12. Western Asset Investment Grade Defined Opportunity Trust has a 52 week low of $15.56 and a 52 week high of $17.09.

About Western Asset Investment Grade Defined Opportunity Trust

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.