Western Asset Investment Grade Defined Opportunity Closed Fund Net Assets
Western Asset Investment Grade Defined Opportunity Closed Fund net assets. Based on the latest financial reports, Western Asset Investment Grade Defined Opportunity Closed Fund (IGI) has net assets worth $104.36 Million USD as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($107.11 Million) and total liabilities ($2.75 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Western Asset Investment Grade Defined O growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $104.36 Million |
| % of Total Assets | 97.43% |
| Annual Growth Rate | -9.06% |
| 5-Year Change | -54.39% |
| 10-Year Change | N/A |
| Growth Volatility | 15.86 |
Net Assets of Western Asset Investment Grade Defined Opportunity Closed Fund (2017–2025)
Net assets of Western Asset Investment Grade Defined Opportunity Closed Fund from 2017 to 2025. This chart illustrates how Western Asset Investment Grade Defined Opportunity Closed Fund's net assets have evolved over time, based on quarterly financial data. See IGI equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Western Asset Investment Grade Defined Opportunity Closed Fund (2017–2025)
The table below shows the annual net assets of Western Asset Investment Grade Defined Opportunity Closed Fund from 2017 to 2025. For live market cap and overall valuation, see IGI stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $106.19 Million | +0.85% |
| 2024-11-30 | $105.30 Million | -43.13% |
| 2023-11-30 | $185.17 Million | -0.95% |
| 2022-11-30 | $186.95 Million | -19.71% |
| 2021-11-30 | $232.85 Million | -2.84% |
| 2020-11-30 | $239.65 Million | +4.61% |
| 2019-11-30 | $229.09 Million | +10.14% |
| 2018-11-30 | $208.00 Million | -8.41% |
| 2017-11-30 | $227.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Western Asset Investment Grade Defined Opportunity Closed Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 236184.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Western Asset Investment Grade Defined Opportunity Closed Fund Net Assets Breakdown (November 2025)
Western Asset Investment Grade Defined Opportunity Closed Fund net assets breakdown by equity component as of November 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.99K | 0.01% |
| Other Components | $118.35 Million | 111.45% |
| Total Equity | $106.19 Million | 100.00% |
Western Asset Investment Grade Defined Opportunity Closed Fund Competitors by Market Cap
The table below lists competitors of Western Asset Investment Grade Defined Opportunity Closed Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Winsome Resources Ltd
AU:WR1
|
$92.90 Million |
|
ATW Technology Inc
TWO:8097
|
$92.91 Million |
|
Y.C.C. Parts MFG Co Ltd
TW:1339
|
$92.95 Million |
|
Empire Petroleum Corp
NYSE MKT:EP
|
$92.98 Million |
|
Evertop Wire Cable Corp
TW:1616
|
$92.84 Million |
|
Seanergy Maritime Holdings Corp
F:RHSR
|
$92.81 Million |
|
Intech Biopharm Ltd
TWO:6461
|
$92.80 Million |
|
Thinkific Labs Inc
TO:THNC
|
$92.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Western Asset Investment Grade Defined Opportunity Closed Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 105,300,669 to 106,192,567, a change of 891,898 (0.8%).
- Net income of 5,998,488 contributed positively to equity growth.
- Other factors decreased equity by 5,106,590.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.00 Million | +5.65% |
| Other Changes | $-5.11 Million | -4.81% |
| Total Change | $- | 0.85% |
Book Value vs Market Value Analysis
This analysis compares Western Asset Investment Grade Defined Opportunity Closed Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.87x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.74x to 0.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-11-30 | $21.06 | $15.49 | x |
| 2018-11-30 | $19.32 | $15.49 | x |
| 2019-11-30 | $21.12 | $15.49 | x |
| 2020-11-30 | $22.09 | $15.49 | x |
| 2021-11-30 | $21.47 | $15.49 | x |
| 2022-11-30 | $17.23 | $15.49 | x |
| 2023-11-30 | $17.07 | $15.49 | x |
| 2024-11-30 | $8.44 | $15.49 | x |
| 2025-11-30 | $17.72 | $15.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Western Asset Investment Grade Defined Opportunity Closed Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 145.02%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.01x
- Recent ROE (5.65%) is above the historical average (3.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.59% | 98.50% | 0.09x | 1.01x | $-3.19 Million |
| 2018 | -3.98% | 0.00% | -0.04x | 1.02x | $-29.09 Million |
| 2019 | 13.86% | 99.09% | 0.14x | 1.01x | $8.83 Million |
| 2020 | 8.25% | 98.42% | 0.08x | 1.00x | $-4.18 Million |
| 2021 | 0.83% | 84.23% | 0.01x | 1.01x | $-21.35 Million |
| 2022 | -19.93% | 0.00% | -0.20x | 1.01x | $-55.96 Million |
| 2023 | 3.75% | 97.51% | 0.04x | 1.01x | $-11.57 Million |
| 2024 | 15.87% | 251.45% | 0.06x | 1.02x | $6.18 Million |
| 2025 | 5.65% | 145.02% | 0.04x | 1.01x | $-4.62 Million |
Industry Comparison
This section compares Western Asset Investment Grade Defined Opportunity Closed Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $657,677,591
- Average return on equity (ROE) among peers: -7.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Western Asset Investment Grade Defined Opportunity Closed Fund (IGI) | $104.36 Million | 8.59% | 0.03x | $92.84 Million |
| Acadian Asset Management Inc (AAMI) | $2.54 Billion | 1.01% | 2.37x | $3.22 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.54 Billion | 13.44% | 0.00x | $3.10 Billion |
| Associated Capital Group Inc (AC) | $964.38 Million | 0.92% | 0.04x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $134.30 Million | -18.79% | 0.03x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $91.65 Million | 11.30% | 0.03x | $71.46 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $165.43 Million | -10.20% | 0.18x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $85.02 Million | -7.77% | 0.44x | $239.77 Million |
| Amber International Holding Limited (AMBR) | $279.09 Million | -5.30% | 0.68x | $144.90 Million |
| Affiliated Managers Group, Inc. (AMG) | $769.46 Million | 19.66% | 2.46x | $9.59 Billion |
About Western Asset Investment Grade Defined Opportunity Closed Fund
Western Asset Investment Grade Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited. The fund invests in fixed income markets of the United Sta… Read more