GLU vs PAI

Comparison between Gabelli Global Utility & Income Trust. (GLU, ETF) and Western Asset Investment Grade Income Fund Inc (PAI, ETF).

5-Year PerformanceGLU has outperformed PAI, delivering a return of +6.0% compared to -0.8%

GLU vs PAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GLU(ETF)	PAI(ETF)
Net Assets	$122M	$122M
Max Drawdown	56.45%	45.93%
Sharpe Ratio	0.77	-0.64
5Y Beta	0.42	0.22
5Y Dividends CAGR	1.30%	2.33%

Net Assets

Winner

GLU

$122M

PAI

$122M

Max Drawdown

GLU

56.45%

Winner

PAI

45.93%

Sharpe Ratio

Winner

GLU

0.77

PAI

-0.64

5Y Beta

GLU

0.42

Winner

PAI

0.22

5Y Dividends CAGR

GLU

1.30%

Winner

PAI

2.33%

GLU vs PAI - Historical Returns

Returns include dividend reinvestment.

Period	GLU	PAI
1 month	+0.98%	+0.36%
3 months	+0.70%	-0.43%
6 months	-6.35%	-3.43%
1 year	+15.49%	-0.67%
5 years(CAGR)	+6.01%	-0.84%
10 years(CAGR)	+7.91%	+1.91%
Max(CAGR)	+6.82%	+5.98%

Winner

GLU

+0.98%

PAI

+0.36%

Winner

GLU

+0.70%

PAI

-0.43%

GLU

-6.35%

Winner

PAI

-3.43%

Winner

GLU

+15.49%

PAI

-0.67%

5Y(CAGR)

Winner

GLU

+6.01%

PAI

-0.84%

10Y(CAGR)

Winner

GLU

+7.91%

PAI

+1.91%

Max(CAGR)

Winner

GLU

+6.82%

PAI

+5.98%

GLU vs PAI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GLU	PAI
2026	+4.69%	-1.79%
2025	+36.68%	+7.09%
2024	+23.41%	+9.44%
2023	+0.32%	+7.42%
2022	-28.75%	-21.03%
2021	+22.51%	+1.88%
2020	+4.60%	+6.17%
2019	+24.85%	+20.23%
2018	-18.99%	-11.78%
2017	+33.24%	+16.74%
2016	+10.68%	+15.58%
2015	-8.14%	+1.70%
2014	+5.28%	+7.73%
2013	+0.77%	-7.43%
2012	+3.43%	+12.40%
2011	+10.21%	+13.11%
2010	+10.14%	+6.63%
2009	+28.14%	+29.99%
2008	-26.01%	-16.92%
2007	+11.31%	-5.46%
2006	+31.52%	+16.18%
2005	-2.41%	-0.98%
2004	+1.22%	+10.46%
2003	N/A	+15.49%
2002	N/A	+6.03%
2001	N/A	+14.94%
2000	N/A	+25.82%
1999	N/A	-2.13%

GLU vs PAI Drawdown Comparison

The maximum drawdown for GLU was -50.51%, occurring on Mar 9, 2009. Recovery took 480 trading sessions.

The maximum drawdown for PAI was -38.96%, occurring on Nov 24, 2008. Recovery took 575 trading sessions.

The current GLU drawdown is -7.39%. The current PAI drawdown is -11.79%.

Rank	GLU	PAI
#1	-50.51% Jan 11, 2008 - Dec 7, 2009	-38.96% Jun 1, 2007 - Sep 11, 2009
#2	-46.54% Feb 24, 2020 - Jan 6, 2021	-33.71% Dec 2, 2021 - Oct 20, 2022
#3	-38.34% May 11, 2021 - May 16, 2025	-30.98% Nov 15, 2019 - Jul 15, 2020
#4	-28.24% Apr 29, 2013 - Apr 10, 2017	-22.02% Nov 26, 2012 - Apr 22, 2016
#5	-24.56% Feb 2, 2018 - Dec 19, 2019	-19.82% Sep 28, 2017 - Jun 11, 2019
#6	-18.57% Jul 1, 2011 - Oct 10, 2011	-13.79% May 24, 2010 - Sep 1, 2011
#7	-16.91% May 18, 2007 - Oct 29, 2007	-13.48% Aug 30, 2016 - Jun 19, 2017
#8	-15.63% Apr 26, 2010 - Oct 5, 2010	-10.99% Mar 17, 2004 - Sep 15, 2004
#9	-13.79% Jan 6, 2010 - Apr 23, 2010	-9.79% Nov 9, 2012 - Nov 21, 2012
#10	-13.73% Feb 26, 2026 - Mar 20, 2026	-9.55% Sep 28, 2020 - Aug 20, 2021
#11	-11.67% Sep 27, 2005 - Jul 13, 2006	-9.15% Sep 24, 2002 - Dec 16, 2002
#12	-10.04% May 26, 2004 - Nov 16, 2004	-8.91% Jun 20, 2003 - Nov 20, 2003
#13	-9.31% Dec 16, 2011 - Jul 31, 2012	-8.83% Sep 30, 2009 - Mar 17, 2010
#14	-9.00% Feb 14, 2005 - Jun 30, 2005	-8.29% Sep 15, 2021 - Nov 19, 2021
#15	-8.79% Oct 14, 2011 - Nov 16, 2011	-8.08% Feb 10, 2005 - Jun 30, 2005

Correlation

Correlation between GLU and PAI is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

GLU vs PAI dividend yield comparison.

Year	GLU	PAI
2026	4.55%	3.09%
2025	6.23%	5.45%
2024	8.00%	4.83%
2023	9.10%	4.67%
2022	8.52%	4.82%
2021	5.70%	3.57%
2020	6.51%	3.82%
2019	6.36%	4.43%
2018	7.45%	5.23%
2017	5.63%	4.36%
2016	7.14%	4.82%
2015	7.22%	5.30%
2014	6.17%	5.13%
2013	5.99%	5.24%
2012	5.75%	4.84%
2011	5.70%	5.39%
2010	5.87%	6.13%
2009	6.18%	7.37%
2008	7.55%	9.37%
2007	7.10%	8.28%
2006	5.44%	5.59%
2005	9.18%	7.58%
2004	3.06%	9.41%
2003	0.00%	6.38%
2002	0.00%	6.97%
2001	0.00%	7.28%
2000	0.00%	8.00%
1999	0.00%	2.10%