Karpus Management buys/holds 383,342 shares in Western Asset (IGI) — 6.40% stake

Rhea-AI Filing Summary

Western Asset Investment Grade Opportunity Trust Inc. Karpus Management, Inc. reports beneficial ownership of 383,342 shares of Common stock, representing 6.40% of the class as disclosed in Item 4. The shares are owned directly by accounts managed by Karpus, which holds sole voting and sole dispositive power over 383,342 shares.

Insights

Institutional Ownership Analyst

Karpus reports a significant 6.40% stake held in managed accounts.

Karpus Management discloses beneficial ownership of 383,342 shares and sole voting and dispositive power over the same amount. The filing identifies ownership as held directly in accounts managed by Karpus rather than by an affiliated parent.

Implications depend on Karpus's portfolio purpose and any future Schedule 13D filings; subsequent disclosures would show meaningful changes in position or intentions.

Compliance & Regulatory Counsel

Filing follows Schedule 13G passive/beneficial ownership disclosure conventions.

The statement lists Karpus as the reporting person, cites SEC Release No. 34-39538 regarding attribution to its parent, and provides the CUSIP 95790A101. The signature block is dated 05/14/2026.

Any change in intent or control would typically require conversion to Schedule 13D; current disclosures show voting and dispositive power exercised by Karpus for these managed accounts.

Key Figures

Shares beneficially owned: 383,342 shares Percent of class: 6.40% Sole voting power: 383,342 shares +3 more

6 metrics

Shares beneficially owned 383,342 shares Item 4 ownership disclosure

Percent of class 6.40% Item 4 percent of class

Sole voting power 383,342 shares Item 4(i) sole power to vote

Sole dispositive power 383,342 shares Item 4(iii) sole power to dispose

CUSIP 95790A101 Item 2(d) security identifier

Signature date 05/14/2026 Signature block date

Key Terms

Schedule 13G, Beneficial ownership, Sole dispositive power, CUSIP

4 terms

Schedule 13G regulatory

"Item 1 and header identifying the statement type"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficial ownership regulatory

"Item 4 lists Amount beneficially owned and Percent of class"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Sole dispositive power regulatory

"Item 4(iii) Sole power to dispose or to direct the disposition"

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.

CUSIP other

"Item 2(d) CUSIP Number(s): 95790A101"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

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

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Accepted by SEC EDGAR 05/14/2026 - 04:12 PM Learn about SEC filing dates

FAQ

What stake does Karpus Management report in Western Asset Investment Grade Opportunity Trust (IGI)?

Karpus Management reports beneficial ownership of 383,342 shares, representing 6.40% of the Common class as stated in Item 4. The filing ties these shares to accounts managed directly by Karpus.

Who holds voting and dispositive power for the shares reported by Karpus?

The filing states Karpus has sole voting power and sole dispositive power over 383,342 shares. These rights are exercised by Karpus for the managed accounts named in the statement.

What CUSIP and security class are disclosed in the filing for IGI?

The filing identifies the security as Common stock with CUSIP 95790A101. This links the disclosed share count and percentage specifically to that class of securities.

Does the filing attribute ownership to Karpus’s parent, City of London Investment Group?

The filing explains effective informational barriers to CLIG and states voting and investment power are exercised by Karpus independently, so attribution to CLIG is not required under the cited SEC release.

What are the relevant dates shown in the Schedule 13G filing?

The header shows the reporting date 03/31/2026 and the signature block is dated 05/14/2026. The ownership figures appear in Item 4 of the statement.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Western Asset Investment Grade Opportunity Trust Inc.

(Name of Issuer)

Common

(Title of Class of Securities)

95790A101

(CUSIP Number)

03/31/2026

(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 383,342.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 383,342.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

383,342.00

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)

6.40 %

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 Number(s): 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: 383,342.00
(b)	Percent of class: 6.40 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 383,342.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 383,342.00
	(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:	05/14/2026