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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Western Asset Investment Gradeome Fund's selling, general, & admin. expense for the
six
months ended in Jun. 2026 was $0.09 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was $0.19 Mil.
Western Asset Investment Gradeome Fund (NYSE:PAI) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Western Asset Investment Gradeome Fund Selling, General, & Admin. Expense Related Terms
Western Asset Investment Gradeome Fund Selling, General, & Admin. Expense Historical Data
* 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 Selling, General, & Admin. Expense Chart
Western Asset Investment Gradeome Fund Annual Data
PAI vs GLU, JHI, NIM: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Western Asset Investment Gradeome Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Investment Gradeome Fund's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Western Asset Investment Gradeome Fund's Selling, General, & Admin. Expense falls into.
Western Asset Investment Gradeome Fund Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.19 Mil.
* 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.
What does a Selling, General, & Admin. Expense of $0.19 Mil mean?
Western Asset Investment Gradeome Fund (PAI) has a Selling, General, & Admin. Expense of $0.19 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Western Asset Investment Gradeome Fund and its competitors.
Is Western Asset Investment Gradeome Fund's Selling, General, & Admin. Expense too high?
Western Asset Investment Gradeome Fund's current Selling, General, & Admin. Expense is $0.19 Mil. Overall, Western Asset Investment Gradeome Fund has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Investment Gradeome Fund's Selling, General, & Admin. Expense compare to GLU and JHI?
Western Asset Investment Gradeome Fund's Selling, General, & Admin. Expense of $0.19 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Western Asset Investment Gradeome Fund and its competitors. Western Asset Investment Gradeome Fund's current Selling, General, & Admin. Expense is $0.19 Mil. 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 Overvalued. The stock's GF Value™ is $9.52, compared to a current price of $11.86 — trading 24.6% above its estimated fair value. The current Selling, General, & Admin. Expense is $0.19 Mil. Western Asset Investment Gradeome Fund's overall GF Score™ is 53/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Western Asset Investment Gradeome Fund (PAI), the current Selling, General, & Admin. Expense is $0.19 Mil as of Jun. 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 overvalued.
The current stock price of $11.86 is trading 24.6% above its estimated GF Value™ of $9.52.
GuruFocus considers Western Asset Investment Gradeome Fund to be Modestly Overvalued.
Key valuation signals for PAI:
Selling, General, & Admin. Expense: $0.19 Mil
GF Value™: $9.52 vs. price of $11.86 (24.6% above fair value)
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 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).
53GF Score
Get the complete analysis for PAI
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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