PAI (Western Asset Investment Gradeome Fund) Moat Score: 3/10 (As of Jul. 24, 2026)

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PAI Western Asset Investment Grade Income Fund Inc PAI
57 GF Score
Price $11.90
GF Value $16.49
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Western Asset Investment Gradeome Fund Moat Score?

Western Asset Investment Gradeome Fund PAI -0.11% 57 Moat Score is 3 as of Jul. 24, 2026. GuruFocus rates PAI with a GF Score™ of 57/100 and a GF Value™ of $16.49 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,694 Asset Management companies, Western Asset Investment Gradeome Fund ranks better than 90.67% on this metric.

Western Asset Investment Gradeome Fund has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Western Asset Investment Gradeome Fund has No Moat: Western Asset Investment Grade Income Fund lacks significant competitive advantages. It operates in a highly competitive financial services sector with low switching costs and no significant brand strength or regulatory barriers.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Western Asset Investment Gradeome Fund might have No Moat - Very weak/transient advantages.

Western Asset Investment Gradeome Fund  (NYSE:PAI) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Western Asset Investment Gradeome Fund Moat Score Related Terms

PAI vs MCN, JHI, NIM: Moat Score Comparison

For the Asset Management subindustry, Western Asset Investment Gradeome Fund's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Asset Management Industry

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

* The bar in red indicates where Western Asset Investment Gradeome Fund's Moat Score falls into.


PAI
57GF Score
Western Asset Investment Grade Income Fund Inc PAI
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
Western Asset Investment Gradeome Fund (PAI) has a Moat Score of 3 as of Jul. 24, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Western Asset Investment Gradeome Fund ranks #158 out of 1694 companies in the Asset Management industry, placing it in the top 9.3%.
Is Western Asset Investment Gradeome Fund's Moat Score too high?
Western Asset Investment Gradeome Fund's current Moat Score is 3. Based on the distribution chart, Western Asset Investment Gradeome Fund ranks #158 out of 1694 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Western Asset Investment Gradeome Fund has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Investment Gradeome Fund's Moat Score compare to MCN and JHI?
According to the Asset Management industry distribution chart, Western Asset Investment Gradeome Fund ranks #158 out of 1694 companies for Moat Score. This places Western Asset Investment Gradeome Fund in the top 9% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Western Asset Investment Gradeome Fund's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Investment Gradeome Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Investment Gradeome Fund (PAI) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.49, compared to a current price of $11.90 — trading 27.9% below its estimated fair value. The current Moat Score is 3. Western Asset Investment Gradeome Fund's overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Western Asset Investment Gradeome Fund (PAI), the current Moat Score is 3 as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Asset Investment Gradeome Fund (PAI) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Investment Gradeome Fund stock appears to be undervalued. The current stock price of $11.90 is trading 27.9% below its estimated GF Value™ of $16.49. GuruFocus considers Western Asset Investment Gradeome Fund to be Modestly Undervalued.

Key valuation signals for PAI:

  • Moat Score: 3
  • GF Value™: $16.49 vs. price of $11.90 (27.9% below fair value)
  • GF Score™: 57/100 with 1 warning sign

No single metric tells the full story. See the PAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Western Asset Investment Gradeome Fund Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. Its primary investment objective is to seek a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. To a lesser extent, the fund also invests in privately placed debt securities and in certain equity securities. Capital appreciation is its secondary investment objective. The fund invests a majority of its net assets in fixed income securities that are rated in the Baa or BBB categories or above at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations (NRSROs) or unrated securities of comparable quality at the time of purchase (as determined by the investment adviser).
57GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.90
Price
$16.49
GF Value