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Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) Net Margin % : 98.90% (As of Dec. 2023)


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What is Western Asset Investment Gradeome Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Asset Investment Gradeome Fund's Net Income for the six months ended in Dec. 2023 was $7.02 Mil. Western Asset Investment Gradeome Fund's Revenue for the six months ended in Dec. 2023 was $7.10 Mil. Therefore, Western Asset Investment Gradeome Fund's net margin for the quarter that ended in Dec. 2023 was 98.90%.

The historical rank and industry rank for Western Asset Investment Gradeome Fund's Net Margin % or its related term are showing as below:

PAI' s Net Margin % Range Over the Past 10 Years
Min: 42.44   Med: 97.83   Max: 105.93
Current: 97.24


PAI's Net Margin % is ranked better than
69.54% of 1671 companies
in the Asset Management industry
Industry Median: 86.28 vs PAI: 97.24

Western Asset Investment Gradeome Fund Net Margin % Historical Data

The historical data trend for Western Asset Investment Gradeome Fund's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Asset Investment Gradeome Fund Net Margin % Chart

Western Asset Investment Gradeome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 97.95 97.05 42.44 101.17 97.24

Western Asset Investment Gradeome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.77 100.62 121.50 94.11 98.90

Competitive Comparison of Western Asset Investment Gradeome Fund's Net Margin %

For the Asset Management subindustry, Western Asset Investment Gradeome Fund's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Asset Investment Gradeome Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Investment Gradeome Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Western Asset Investment Gradeome Fund's Net Margin % falls into.



Western Asset Investment Gradeome Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Western Asset Investment Gradeome Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=10.586/10.887
=97.24 %

Western Asset Investment Gradeome Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=7.023/7.101
=98.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Asset Investment Gradeome Fund  (NYSE:PAI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Western Asset Investment Gradeome Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Western Asset Investment Gradeome Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, MA, USA, 10018
Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. The company designed primarily as a long-term investment and not as a trading vehicle. The fund seeks a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. Its portfolio is invested in securities which may be convertible into or exchangeable for, or carry warrants to purchase, common stock or other equity interests; and preferred stock.
Executives
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Oliveira Marc De officer: Secretary / Chief LGL Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Investment Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Michael Larson director 2365 CARILLON POINT, KIRKLAND WA 98033
Ronald L Olson director EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010
Jane F Dasher director KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
S. Kenneth Leech other: Portfolio Manager - Adviser 385 EAST COLORADO BLVD, PASADENA CA 91101
John Kenney other: Director of Subadviser 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202

Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) Headlines

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