Western Asset Investment Grade Defined Opportunity Trust Inc. Announces Financial Position as of August 31, 2009

Mon Oct 5, 5:03 PM

NEW YORK--(BUSINESS WIRE)--Western Asset Investment Grade Defined Opportunity Trust Inc., which is listed on the New York Stock Exchange under the symbol “IGI”, today announced the financial position of the Fund as of August 31, 2009.

 

Current Qtr (a)

August 31, 2009

Total Net Assets $211,934,353
NAV Per Share of Common Stock (b) $20.10
Market Price Per Share $19.75
Premium / (Discount) (1.74)%
Outstanding Shares 10,542,556
 
Total Net Investment Income (a) $1,550,071
Total Net Investment Income Per Share (a) $0.15
 
Total Net Realized/Unrealized Gain/(Loss) (a) $10,534,270
Total Net Realized/Unrealized Gain/(Loss) Per Share (a) $1.00
 
Undistributed/(Overdistributed) Net Investment Income (c) $450,194
Undistributed/(Overdistributed) Net Investment Income
Per Share (c) $0.04

Footnotes:

(a)   For the period June 26, 2009 (inception date) to August 31, 2009.
(b) NAV is calculated as of the close of business on the last business day in the period indicated above.
(c) As of the period 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, 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 investment manager.

Contact the Fund at 1-888-777-0102 for additional information, or consult the Fund’s website at www.leggmason.com/cef.

All data and commentary provided within this press release is for informational purposes only. Legg Mason, Inc. and all of its affiliates do not engage in selling any of the shares of the Fund. The Fund's common shares are traded on the New York Stock Exchange.

Legg Mason & Co., LLC
Brenda Grandell, 1-212-857-8087
Director, Closed-End Funds