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Western Asset Invstm Grd Dfnd Opp Tr (Western Asset Invstm Grd Dfnd Opp Tr) Market Cap : $182.98 Mil (As of May. 28, 2024)


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What is Western Asset Invstm Grd Dfnd Opp Tr Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Western Asset Invstm Grd Dfnd Opp Tr's share price for the quarter that ended in Nov. 2023 was $16.35. Western Asset Invstm Grd Dfnd Opp Tr's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 10.85 Mil. Therefore, Western Asset Invstm Grd Dfnd Opp Tr's market cap for the quarter that ended in Nov. 2023 was $177.36 Mil.

Western Asset Invstm Grd Dfnd Opp Tr's quarterly market cap declined from Nov. 2022 ($178.67 Mil) to May. 2023 ($177.15 Mil) but then increased from May. 2023 ($177.15 Mil) to Nov. 2023 ($177.36 Mil).

Western Asset Invstm Grd Dfnd Opp Tr's annual market cap declined from Nov. 2021 ($238.96 Mil) to Nov. 2022 ($178.67 Mil) and declined from Nov. 2022 ($178.67 Mil) to Nov. 2023 ($177.36 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Western Asset Invstm Grd Dfnd Opp Tr's Enterprise Value for Today is $182.87 Mil.


Western Asset Invstm Grd Dfnd Opp Tr Market Cap Historical Data

The historical data trend for Western Asset Invstm Grd Dfnd Opp Tr's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Asset Invstm Grd Dfnd Opp Tr Market Cap Chart

Western Asset Invstm Grd Dfnd Opp Tr Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
Get a 7-Day Free Trial 230.17 232.23 238.96 178.67 177.36

Western Asset Invstm Grd Dfnd Opp Tr Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 238.96 191.14 178.67 177.15 177.36

Competitive Comparison of Western Asset Invstm Grd Dfnd Opp Tr's Market Cap

For the Asset Management subindustry, Western Asset Invstm Grd Dfnd Opp Tr's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Asset Invstm Grd Dfnd Opp Tr's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Invstm Grd Dfnd Opp Tr's Market Cap distribution charts can be found below:

* The bar in red indicates where Western Asset Invstm Grd Dfnd Opp Tr's Market Cap falls into.



Western Asset Invstm Grd Dfnd Opp Tr Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Western Asset Invstm Grd Dfnd Opp Tr's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=$16.35*10.848
=$177.36

Western Asset Invstm Grd Dfnd Opp Tr's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=$16.35*10.848
=$177.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Asset Invstm Grd Dfnd Opp Tr  (NYSE:IGI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Western Asset Invstm Grd Dfnd Opp Tr Market Cap Related Terms

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Western Asset Invstm Grd Dfnd Opp Tr (Western Asset Invstm Grd Dfnd Opp Tr) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Invstm Grd Dfnd Opp Tr Inc operates as a non-diversified closed-end management investment company. Its primary investment objective is to provide current income and then liquidate & distribute substantially all of the Fund's net assets to stockholders. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing at least 80% of its net assets in investment-grade corporate fixed-income securities of varying maturities.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202