Western Asset Investment Grade Income Fund (PAI) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in Western Asset Investment Grade Income Fund (PAI) ten years ago, at the end of Oct 2016, was worth $12,475 at the end of Oct 2026 with every dividend reinvested: 2.2% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $22,609 reinvested (4.4% a year), or $18,160 taking the dividends as cash, $9,686 of it paid out along the way.
PAI became
$22,609
S&P 500: $72,756
Return a year
4.4%
S&P 500: 11.1%
Payouts reinvested
$16,439
bought more shares
Worst drop
-36.2%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | PAI total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −4.7% | $916 | +11.7% |
| 2025 | +5.4% | $1,276 | +17.7% |
| 2024 | +9.2% | $1,075 | +24.9% |
| 2023 | +9.1% | $941 | +26.2% |
| 2022 | −22.5% | $884 | −18.2% |
| 2021 | +1.9% | $856 | +28.7% |
| 2020 | +6.7% | $899 | +18.3% |
| 2019 | +23.1% | $990 | +31.2% |
| 2018 | −12.3% | $938 | −4.6% |
| 2017 | +15.7% | $884 | +21.7% |
| 2016 | +15.5% | $862 | +12.0% |
| 2015 | +1.9% | $806 | +1.2% |
| 2014 | +7.4% | $760 | +13.5% |
| 2013 | −6.4% | $721 | +32.3% |
| 2012 | +12.8% | $731 | +16.0% |
| 2011 | +13.3% | $704 | +1.9% |
| 2010 | +7.3% | $706 | +15.1% |
| 2009 | +31.8% | $795 | +26.4% |
| 2008 | −16.2% | $694 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: PAI total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Western Asset Investment Grade Income Fund (PAI) at the end of Dec 2007, with dividends reinvested, was worth $22,609 at the end of Oct 2026: 4.4% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, PAI turned $10,000 into $12,475 with dividends reinvested, 2.2% a year.
- Over the 5 years to Oct 2026, PAI returned -1.3% a year with dividends reinvested (S&P 500: 12.0%).
- Taking PAI's dividends as cash instead of reinvesting them, the same $10,000 ended at $18,160, including $9,686 of cash received; reinvesting added $4,449.
- PAI's best calendar year in that time was 2009 (31.8%) and its worst 2022 (-22.5%), with dividends reinvested.
Cite this page
SmarterDividends, "Western Asset Investment Grade Income Fund (PAI) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/PAI/total-return
PAI total return questions
If I invested $10,000 in PAI 10 years ago, how much would I have?
About $12,475 at the end of Oct 2026, with every dividend reinvested: 2.2% a year. Taking them as cash, you'd have shares worth $7,857 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is PAI's total return since Dec 2007?
126% in total, or 4.4% a year, through Oct 2026 with dividends reinvested. The share price alone fell 15%.
How much of PAI's return came from dividends?
About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $4,449 better off on a $10,000 start.
What was PAI's worst year?
2022, at -22.5% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -36.2%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.