During the past 12 months, Western Asset Investment Gradeome Fund's average Total Assets Growth Rate was 4.20% per year.
During the past 3 years, the average Total Assets Growth Rate was -6.90% per year.
During the past 5 years, the average Total Assets Growth Rate was -2.70% per year.
During the past 7 years, Western Asset Investment Gradeome Fund's highest 3-Year average Total Assets Growth Rate was 4.00%. The lowest was -6.90%. And the median was -2.35%.
* 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 Total Assets Chart
Western Asset Investment Gradeome Fund Annual Data
Western Asset Investment Gradeome Fund Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
* 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) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Western Asset Investment Gradeome Fund's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Western Asset Investment Gradeome Fund Total Assets Related Terms
Thank you for viewing the detailed overview of Western Asset Investment Gradeome Fund's Total Assets 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
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
:PAI has been successfully added to your 