Western Asset Investment Grade Defined Opportunity Trust Inc.Portfolio Compositionas of March 31, 2013
Investment Objectives: The Fund's primary investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund's net assets to stockholders on or about December 2, 2024. Capital appreciation is a secondary investment objective.
Investment Strategy: The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in investment grade corporate fixed income securities of varying maturities.
Investment Grade Corporate Bonds
High Yield Corporate Bonds
Corporates External Currency
Sovereign Debt External Currency
Cash & Other Securities
Credit Quality Allocation**
Top Ten Investment Grade Industries
Consumer Non Cyclical
Top Five High Yield Industries
Average Life (years)
Effective Duration (years)
Average Coupon (%)
June 26, 2009
(Daily NAV is available on market quotation systems using the symbol XIGIX.)
$0.1000 per share
(declared monthly, paid monthly)
* Portfolio holdings and weightings are historical and are presented here for
** Credit quality is a measure of a bond issuer's ability to repay interest and
*** The Fund will not leverage its capital structure by issuing senior securities such
Western Asset Investment Grade Defined Opportunity Trust Inc., a non-diversified closed-end investment management company, is advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the advisor.
Past performance is no guarantee of future results. An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate.
Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.
For more information, please call Fund Investor Relations at 888-777-0102 or consult the Fund's web site at http://www.lmcef.com.
Maria Rosati, 1-212-805-6036
KEYWORDS: United States North America New York
The article Western Asset Investment Grade Defined Opportunity Trust Inc. Portfolio Composition as of March 31, 2013 originally appeared on Fool.com.
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