Western Asset Investment Grade Income Fund Inc.

Western Asset Investment Grade Income Fund Inc. is a closed-ended fixed income mutual fund established in 1973 and headquartered in Pasadena, California. The fund is launched and managed by Western Asset Management Company, with co-management provided by Western Asset Management Company Limited. It operates as a publicly traded investment company listed on the NYSE with a market capitalization of approximately $100 million.

The fund's primary investment focus is the U.S. fixed income markets, with a portfolio concentrated in investment-grade debt securities. Holdings include government securities, bank debt, commercial paper, and cash equivalents. The fund benchmarks its performance against the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index, reflecting its positioning across multiple segments of the investment-grade credit spectrum.

As a closed-ended fund structure, the company generates revenue through management fees charged on assets under management. The fund distributes income to shareholders through regular dividend payments, with a current dividend yield of approximately 4.78 percent. The asset management operations are based in the United States, with investment activities limited to domestic fixed income markets.