GDL Fund The (GDL) vs Western Asset Investment Grade Opportunity (IGI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Western Asset Investment Grade Opportunity is the larger company by market cap ($91.9 million vs $90.3 million), about 1.0 times the size. On valuation, GDL Fund The trades at a lower trailing P/E (12.6x vs 13.6x for Western Asset Investment Grade Opportunity).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GDL | IGI |
|---|---|---|
| Share price | $8.41 | $15.33 |
| Market cap | $90.35M | $91.88M |
| 1-day change | +0.96% | +0.07% |
| P/E ratio (TTM) | 12.55 | 13.57 |
| EPS (TTM) | $0.67 | $1.13 |
| Dividend yield | 5.76% | 5.56% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $8.67 | $16.93 |
| 52-week low | $8.01 | $15.08 |
| Distance from 52-week high | -3.00% | -9.45% |
| Average volume | 10.97K | 13.51K |
| Shares outstanding | 10.74M | 5.99M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About GDL Fund The
GDL stock →The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC.
Finance · Investment Managers
About Western Asset Investment Grade Opportunity
IGI stock →Western Asset Investment Grade Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Investment Managers
GDL vs IGI FAQ
Which is bigger, GDL Fund The or Western Asset Investment Grade Opportunity?
Western Asset Investment Grade Opportunity (IGI) is larger, with a market capitalization of $91.88M compared with $90.35M for GDL Fund The (GDL).
Which has the lower P/E ratio, GDL or IGI?
GDL has the lower trailing P/E at 12.6, versus 13.6 for IGI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, GDL Fund The or Western Asset Investment Grade Opportunity?
GDL Fund The has the higher yield at 5.76%, compared with 5.56% for Western Asset Investment Grade Opportunity.
Are GDL Fund The and Western Asset Investment Grade Opportunity in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.