menu search

PAI / PAI: Yield Is Too Low, Just Buy Treasuries

PAI: Yield Is Too Low, Just Buy Treasuries
The Western Asset Inv Grade Income Fund Inc has a current yield of 4.96%, lower than most money market funds. The PAI closed-end fund has outperformed bond indices over the past year, but its low yield and limited potential for capital gains make it unattractive. The fund's use of leverage is relatively low, but it also limits its ability to provide a higher yield. Read More
Posted: Oct 2 2023, 16:48
Author Name: Seeking Alpha
Views: 102164

PAI News  

PAI: Yield Is Too Low, Just Buy Treasuries

By Seeking Alpha
October 2, 2023

PAI: Yield Is Too Low, Just Buy Treasuries

The Western Asset Inv Grade Income Fund Inc has a current yield of 4.96%, lower than most money market funds. The PAI closed-end fund has outperformed more_horizontal

WDI And PAI: Attractively Discounted And Delivering Investors Income

By Seeking Alpha
July 17, 2023

WDI And PAI: Attractively Discounted And Delivering Investors Income

WDI and PAI are two funds that can deliver regular income to investors with a monthly distribution, though they pay out substantially different levels more_horizontal

NAD And PAI: Choosing Quality

By Seeking Alpha
March 20, 2023

NAD And PAI: Choosing Quality

NAD is a leveraged municipal bond fund emphasizing higher credit quality. PAI is a non-leveraged fund focused on investment-grade corporate bonds. more_horizontal


Search within

Pages Search Results: