Hennessy Advisors (HNNA) 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 $80.5 million), about 1.1 times the size. On valuation, Hennessy Advisors trades at a lower trailing P/E (9.7x vs 13.6x for Western Asset Investment Grade Opportunity). Hennessy Advisors pays a dividend yielding 5.67%, while Western Asset Investment Grade Opportunity does not currently pay one.
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 | HNNA | IGI |
|---|---|---|
| Share price | $10.19 | $15.33 |
| Market cap | $80.55M | $91.88M |
| 1-day change | -0.20% | +0.07% |
| YTD return | +6.35% | — |
| 1-year return | -3.13% | — |
| 5-year return | -1.83% | — |
| P/E ratio (TTM) | 9.70 | 13.57 |
| Forward P/E | 8.15 | — |
| EPS (TTM) | $1.05 | $1.13 |
| Dividend yield | 5.67% | 5.56% |
| Annual dividend | $0.578 | $0.00 |
| 52-week high | $11.02 | $16.93 |
| 52-week low | $8.90 | $15.08 |
| Distance from 52-week high | -7.53% | -9.45% |
| Average volume | 6.88K | 13.51K |
| Shares outstanding | 7.90M | 5.99M |
| Employees | 17 | — |
| 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.
Key differences
- Western Asset Investment Grade Opportunity trades at a higher earnings multiple (13.6x vs 9.7x trailing P/E).
About Hennessy Advisors
HNNA stock →Hennessy Advisors, Inc. is an publicly owned investment manager.
Finance · Investment Managers · 17 employees
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
HNNA vs IGI FAQ
Which is bigger, Hennessy Advisors or Western Asset Investment Grade Opportunity?
Western Asset Investment Grade Opportunity (IGI) is larger, with a market capitalization of $91.88M compared with $80.55M for Hennessy Advisors (HNNA).
Which has the lower P/E ratio, HNNA or IGI?
HNNA has the lower trailing P/E at 9.7, 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, Hennessy Advisors or Western Asset Investment Grade Opportunity?
Hennessy Advisors has the higher yield at 5.67%, compared with 5.56% for Western Asset Investment Grade Opportunity.
Are Hennessy Advisors and Western Asset Investment Grade Opportunity in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.