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Western Asset Invstm Grd Dfnd Opp Tr (Western Asset Invstm Grd Dfnd Opp Tr) 5-Year Yield-on-Cost % : 3.66 (As of May. 14, 2024)


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What is Western Asset Invstm Grd Dfnd Opp Tr 5-Year Yield-on-Cost %?

Western Asset Invstm Grd Dfnd Opp Tr's yield on cost for the quarter that ended in Nov. 2023 was 3.66.


The historical rank and industry rank for Western Asset Invstm Grd Dfnd Opp Tr's 5-Year Yield-on-Cost % or its related term are showing as below:

IGI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.65   Med: 3.59   Max: 4.72
Current: 3.66


During the past 7 years, Western Asset Invstm Grd Dfnd Opp Tr's highest Yield on Cost was 4.72. The lowest was 2.65. And the median was 3.59.


IGI's 5-Year Yield-on-Cost % is ranked worse than
68.04% of 1217 companies
in the Asset Management industry
Industry Median: 5.92 vs IGI: 3.66

Competitive Comparison of Western Asset Invstm Grd Dfnd Opp Tr's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Western Asset Invstm Grd Dfnd Opp Tr's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Invstm Grd Dfnd Opp Tr's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Western Asset Invstm Grd Dfnd Opp Tr's 5-Year Yield-on-Cost % falls into.



Western Asset Invstm Grd Dfnd Opp Tr 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Western Asset Invstm Grd Dfnd Opp Tr is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Western Asset Invstm Grd Dfnd Opp Tr  (NYSE:IGI) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Western Asset Invstm Grd Dfnd Opp Tr 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Western Asset Invstm Grd Dfnd Opp Tr's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


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