Western Asset Investment Grade Defined Opportunity Closed Fund (IGI) — Defensive Interval Ratio
Western Asset Investment Grade Defined Opportunity Closed Fund (IGI) has a Defensive Interval Ratio of 748 days as of November 2025. Defensive assets of $1.89 Million (cash $-, short-term investments $313.39K, receivables $1.58 Million) cover 748 days of daily cash needs of $2.53K/day. Explore IGI strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Western Asset Investment Grade Defined Opportunity Closed Fund Defensive Interval Ratio (2017–2025)
This chart shows how Western Asset Investment Grade Defined Opportunity Closed Fund's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of November 2025, the ratio stands at 748 days, meaning defensive assets of $1.89 Million can fund 748 days of operations without new revenue. Read IGI total debt and obligations for a breakdown of total debt and financial obligations.
Annual Defensive Interval Ratio for Western Asset Investment Grade Defined Opportunity Closed Fund (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Western Asset Investment Grade Defined Opportunity Closed Fund from 2017 to 2025, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see total assets of Western Asset Investment Grade Defined O.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 748 days | $1.89 Million | $2.53K/day | $- | $313.39K | ▲ +277 days |
| 2024 | 471 days | $2.06 Million | $4.37K/day | $- | $554.47K | ▼ -1388 days |
| 2023 | 1859 days | $3.78 Million | $2.04K/day | $- | $1.26 Million | ▲ +1087 days |
| 2022 | 771 days | $3.31 Million | $4.29K/day | $- | $838.03K | ▼ -463 days |
| 2021 | 1234 days | $4.85 Million | $3.93K/day | $- | $2.39 Million | ▼ -463 days |
| 2020 | 1697 days | $3.35 Million | $1.98K/day | $- | $781.60K | ▲ +967 days |
| 2019 | 730 days | $4.96 Million | $6.79K/day | $- | $2.21 Million | ▲ +422 days |
| 2018 | 308 days | $3.17 Million | $10.29K/day | $- | $- | ▼ -319 days |
| 2017 | 627 days | $4.38 Million | $6.99K/day | $- | $- | — |