PAI vs GLU

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

5-Year PerformanceGLU has outperformed PAI, delivering a return of +5.6% compared to -1.0%

PAI vs GLU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAI(ETF)	GLU(ETF)
Net Assets	$122M	$122M
Max Drawdown	45.93%	56.45%
Sharpe Ratio	-0.67	0.77
5Y Beta	0.22	0.42
5Y Dividends CAGR	2.33%	1.30%

Net Assets

PAI

$122M

Winner

GLU

$122M

Max Drawdown

Winner

PAI

45.93%

GLU

56.45%

Sharpe Ratio

PAI

-0.67

Winner

GLU

0.77

5Y Beta

Winner

PAI

0.22

GLU

0.42

5Y Dividends CAGR

Winner

PAI

2.33%

GLU

1.30%

PAI vs GLU - Historical Returns

Returns include dividend reinvestment.

Period	PAI	GLU
1 month	+0.87%	-0.06%
3 months	-0.06%	-0.02%
6 months	-4.26%	-7.10%
1 year	-0.82%	+14.41%
5 years(CAGR)	-0.97%	+5.58%
10 years(CAGR)	+1.85%	+7.77%
Max(CAGR)	+5.98%	+6.80%

Winner

PAI

+0.87%

GLU

-0.06%

PAI

-0.06%

Winner

GLU

-0.02%

Winner

PAI

-4.26%

GLU

-7.10%

PAI

-0.82%

Winner

GLU

+14.41%

5Y(CAGR)

PAI

-0.97%

Winner

GLU

+5.58%

10Y(CAGR)

PAI

+1.85%

Winner

GLU

+7.77%

Max(CAGR)

PAI

+5.98%

Winner

GLU

+6.80%

PAI vs GLU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PAI	GLU
2026	-1.71%	+4.17%
2025	+7.09%	+36.68%
2024	+9.44%	+23.41%
2023	+7.42%	+0.32%
2022	-21.03%	-28.75%
2021	+1.88%	+22.51%
2020	+6.17%	+4.60%
2019	+20.23%	+24.85%
2018	-11.78%	-18.99%
2017	+16.74%	+33.24%
2016	+15.58%	+10.68%
2015	+1.70%	-8.14%
2014	+7.73%	+5.28%
2013	-7.43%	+0.77%
2012	+12.40%	+3.43%
2011	+13.11%	+10.21%
2010	+6.63%	+10.14%
2009	+29.99%	+28.14%
2008	-16.92%	-26.01%
2007	-5.46%	+11.31%
2006	+16.18%	+31.52%
2005	-0.98%	-2.41%
2004	+10.46%	+1.22%
2003	+15.49%	N/A
2002	+6.03%	N/A
2001	+14.94%	N/A
2000	+25.82%	N/A
1999	-2.13%	N/A

PAI vs GLU Drawdown Comparison

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

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

The current PAI drawdown is -11.72%. The current GLU drawdown is -7.84%.

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

Correlation

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

0.92

-101

Dividend Comparison (1999 - 2026)

PAI vs GLU dividend yield comparison.

Year	PAI	GLU
2026	3.09%	4.57%
2025	5.45%	6.23%
2024	4.83%	8.00%
2023	4.67%	9.10%
2022	4.82%	8.52%
2021	3.57%	5.70%
2020	3.82%	6.51%
2019	4.43%	6.36%
2018	5.23%	7.45%
2017	4.36%	5.63%
2016	4.82%	7.14%
2015	5.30%	7.22%
2014	5.13%	6.17%
2013	5.24%	5.99%
2012	4.84%	5.75%
2011	5.39%	5.70%
2010	6.13%	5.87%
2009	7.37%	6.18%
2008	9.37%	7.55%
2007	8.28%	7.10%
2006	5.59%	5.44%
2005	7.58%	9.18%
2004	9.41%	3.06%
2003	6.38%	0.00%
2002	6.97%	0.00%
2001	7.28%	0.00%
2000	8.00%	0.00%
1999	2.10%	0.00%