Karpus reports 8.83% stake in Western Asset IGI

Rhea-AI Filing Summary

Karpus Management, Inc., doing business as Karpus Investment Management, reports beneficial ownership of common shares of Western Asset Investment Grade Opportunity Trust Inc. As of June 30, 2026, Karpus beneficially owned 529,003 common shares, representing 8.83% of the outstanding class.

Karpus, a New York corporation and registered investment adviser, has sole voting power and sole dispositive power over all 529,003 shares, with no shared voting or dispositive power. The shares are owned directly by accounts managed by Karpus. Karpus is controlled by City of London Investment Group plc, but informational barriers mean voting and investment power over these securities is exercised independently by Karpus.

Key Figures

Shares beneficially owned: 529,003 shares Percent of class: 8.83% Sole voting power: 529,003 shares +2 more

5 metrics

Shares beneficially owned 529,003 shares Common shares of Western Asset Investment Grade Opportunity Trust Inc. beneficially owned by Karpus as of June 30, 2026

Percent of class 8.83% Portion of IGI common shares represented by Karpus’s beneficial ownership

Sole voting power 529,003 shares Number of IGI shares over which Karpus has sole power to vote or direct the vote

Sole dispositive power 529,003 shares Number of IGI shares over which Karpus has sole power to dispose or direct disposition

Signature date 08/14/2026 Date on which the Chief Compliance Officer signed the ownership statement

Key Terms

beneficially owned, sole voting power, sole dispositive power, registered investment adviser, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 529,003.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Sole power to vote or to direct the vote: 529,003.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Sole power to dispose or to direct the disposition of: 529,003.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

registered investment adviser financial

"Karpus is a registered investment adviser under Section 203"

A registered investment adviser (RIA) is a firm or individual legally registered with regulators to give personalized investment advice and manage clients' money, with a duty to put clients’ interests ahead of their own. Think of an RIA as a licensed financial guide who must disclose fees, conflicts and how they are paid; that transparency and legal duty matter to investors because it reduces the risk of hidden costs or biased recommendations.

informational barriers regulatory

"effective informational barriers have been established between Karpus and CLIG"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership stake in IGI does Karpus Management, Inc. report?

Karpus Management, Inc. reports beneficial ownership of 529,003 common shares of Western Asset Investment Grade Opportunity Trust Inc. (IGI), representing 8.83% of the outstanding class as of June 30, 2026.

Does Karpus have sole or shared voting power over IGI shares?

Karpus reports sole voting power over 529,003 IGI shares and no shared voting power. It also has sole dispositive power over the same number of shares, indicating full control over how these shares are voted and disposed.

How many IGI shares does Karpus have dispositive power over?

Karpus has sole dispositive power over 529,003 IGI common shares and no shared dispositive power. Dispositive power refers to the authority to decide whether and how to sell or otherwise transfer the shares held in managed accounts.

What is the relationship between Karpus and City of London Investment Group plc regarding IGI?

Karpus is controlled by City of London Investment Group plc, but effective informational barriers are in place. Karpus states that voting and investment power over IGI securities is exercised independently, so beneficial ownership is not attributed between Karpus and CLIG.

Who signed the ownership report for Karpus related to IGI?

The report was signed by Jodi L. Hedberg, Chief Compliance Officer of Karpus Management, Inc., on August 14, 2026. This signature certifies the accuracy of the reported IGI share ownership and related powers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/14/2026 - 04:27 PM Accepted by SEC EDGAR 08/14/2026 - 04:04 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Western Asset Investment Grade Opportunity Trust Inc.

(Name of Issuer)

Common

(Title of Class of Securities)

95790A101

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 95790A101

1

Names of Reporting Persons

KARPUS MANAGEMENT, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 529,003.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 529,003.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

529,003.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.83 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Western Asset Investment Grade Opportunity Trust Inc.
(b)	Address of issuer's principal executive offices: One Madison Avenue, 17th Floor, New York, NY 10010
Item 2.
(a)	Name of person filing: This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus" or the "Reporting Person"). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc ("CLIG"), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG. The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
(b)	Address or principal business office or, if none, residence: 183 Sully's Trail, Pittsford, New York 14534.
(c)	Citizenship: The members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.
(d)	Title of class of securities: Common
(e)	CUSIP No.: 95790A101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 529,003.00
(b)	Percent of class: 8.83 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 529,003.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 529,003.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

KARPUS MANAGEMENT, INC.

Signature:	/s/ Jodi L. Hedberg
Name/Title:	Jodi L. Hedberg / Chief Compliance Officer
Date:	08/14/2026