Gabelli Global Utility (GLU) vs Western Asset Investment Grade Income Fund (PAI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Western Asset Investment Grade Income Fund is the larger company by market cap ($107.9 million vs $105.0 million), about 1.0 times the size. On valuation, Gabelli Global Utility trades at a lower trailing P/E (4.1x vs 12.5x for Western Asset Investment Grade Income Fund). Gabelli Global Utility offers the higher dividend yield (7.19% vs 5.56%).
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 | GLU | PAI |
|---|---|---|
| Share price | $17.52 | $11.34 |
| Market cap | $104.98M | $107.85M |
| 1-day change | -0.14% | +0.35% |
| YTD return | -9.08% | — |
| 1-year return | -4.11% | — |
| 5-year return | -13.48% | — |
| P/E ratio (TTM) | 4.14 | 12.46 |
| EPS (TTM) | $4.23 | $0.91 |
| Dividend yield | 7.19% | 5.56% |
| Annual dividend | $1.26 | $0.63 |
| 52-week high | $21.69 | $12.95 |
| 52-week low | $17.38 | $11.25 |
| Distance from 52-week high | -19.23% | -12.43% |
| Average volume | 7.37K | 18.29K |
| Shares outstanding | 5.99M | 9.51M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
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.
Key differences
- Western Asset Investment Grade Income Fund trades at a higher earnings multiple (12.5x vs 4.1x trailing P/E).
- Gabelli Global Utility offers a meaningfully higher dividend yield (7.19% vs 5.56%).
About Gabelli Global Utility
GLU stock →The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC.
Financial Services · Asset Management
About Western Asset Investment Grade Income Fund
PAI stock →Western Asset Investment Grade Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company.
Financial Services · Asset Management
GLU vs PAI FAQ
Which is bigger, Gabelli Global Utility or Western Asset Investment Grade Income Fund?
Western Asset Investment Grade Income Fund (PAI) is larger, with a market capitalization of $107.85M compared with $104.98M for Gabelli Global Utility (GLU).
Which has the lower P/E ratio, GLU or PAI?
GLU has the lower trailing P/E at 4.1, versus 12.5 for PAI. 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, Gabelli Global Utility or Western Asset Investment Grade Income Fund?
Gabelli Global Utility has the higher yield at 7.19%, compared with 5.56% for Western Asset Investment Grade Income Fund.
Are Gabelli Global Utility and Western Asset Investment Grade Income Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.