Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of February 29, 2016

NEW YORK--()--Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) today announced the financial position of the Fund as of February 29, 2016.

           
Current Q Previous Q Prior Yr Q
February 29, 2016 November 30, 2015 February 28, 2015
Total Net Assets $ 209,974,367 $ 218,725,503 $ 234,250,847
NAV Per Share of Common Stock (a) $ 19.46 $ 20.28 $ 21.75
Market Price Per Share $ 20.30 $ 20.77 $ 21.48
Premium / (Discount) 4.32 % 2.42 % (1.24 )%
Outstanding Shares 10,788,867 10,783,083 10,767,868
 
Total Net Investment Income (b) $ 2,650,299 $ 2,652,418 $ 2,562,124
Total Net Realized/Unrealized Gain/(Loss) (b) $ (8,278,131 ) $ (670,597 ) $ 2,122,344  
Net Increase (Decrease) in Net Assets From Operations (b) $ (5,627,832 ) $ 1,981,821   $ 4,684,468  
 

Earnings per Common Share Outstanding

Total Net Investment Income (b) $ 0.25 $ 0.24 $ 0.24
Total Net Realized/Unrealized Gain/(Loss) (b) $ (0.77 ) $ (0.06 ) $ 0.20  
Net Increase (Decrease)in Net Assets From Operations (b) $ (0.52 ) $ 0.18   $ 0.44  
 
Undistributed Net Investment Income (c) $ 1,167,635 $ 1,752,839 $ 2,329,546
Undistributed Net Investment Income
Per Share (c) $ 0.11 $ 0.16 $ 0.22
 
Footnotes:
(a)     NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(b) For the quarter indicated.
(c) As of the date indicated above.
 

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset Investment Grade Defined Opportunity Trust Inc., a non-diversified, limited-term, closed-end management investment company, is managed 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 adviser.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

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.

Contacts

Legg Mason, Inc.
Maria Rosati, 212-805-6036
mrosati@leggmason.com.

Contacts

Legg Mason, Inc.
Maria Rosati, 212-805-6036
mrosati@leggmason.com.