NYSE:HIO Western Asset High Income Opportunity Fund (HIO) Stock Forecast, Price & News $3.78 0.00 (0.00%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$3.76▼$3.7950-Day Range$3.65▼$3.9252-Week Range$3.60▼$4.31Volume100,438 shsAverage Volume263,890 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield9.54%Price TargetN/A ProfileProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Western Asset High Income Opportunity Fund (NYSE:HIO) StockWestern Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.Read More Receive HIO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Western Asset High Income Opportunity Fund and its competitors with MarketBeat's FREE daily newsletter. Email Address HIO Stock News HeadlinesMay 23, 2023 | wsj.comWestern Asset Macro Opportunities Fund;AMay 22, 2023 | msn.comWestern Asset High Income Opportunity Fund (HIO) Declares $0.03 DividendJune 7, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.May 22, 2023 | msn.comWestern Asset Diversified Income Fund (WDI) Declares $0.14 DividendMay 19, 2023 | americanbankingnews.comWestern Asset High Income Opportunity Fund Inc. (HIO) To Go Ex-Dividend on August 23rdMay 17, 2023 | seekingalpha.comHIO Western Asset High Income Opportunity Fund Inc.April 1, 2023 | benzinga.comWestern Asset High Income Stock (NYSE:HIO), Quotes and News SummaryMarch 22, 2023 | americanbankingnews.comWestern Asset High Income Opportunity Fund Inc. Announces Monthly Dividend of $0.03 (NYSE:HIO)June 7, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.February 22, 2023 | benzinga.comWestern Asset High Income Stock (NYSE:HIO), DividendsFebruary 15, 2023 | finance.yahoo.comWestern Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2022January 2, 2023 | msn.comGulf sovereign wealth funds 'set to shine more than ever' in global markets in 2023December 20, 2022 | msn.comWestern Asset High Yield Defined Opportunity Fund goes ex dividend tomorrowSeptember 28, 2022 | fool.comWestern Asset Global Corporate Defined Opportunity Fund (NYSE: GDO)August 10, 2022 | finance.yahoo.comWestern Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2022August 4, 2022 | seekingalpha.comATI's (ATI) CEO Bob Wetherbee on Q2 2022 Results - Earnings Call TranscriptAugust 4, 2022 | seekingalpha.comAlbemarle Corporation (ALB) CEO Kent Masters on Q2 2022 Results - Earnings Call TranscriptAugust 1, 2022 | msn.comAustralia politics live: Coalition targets Labor power bill promise in question time; Greens say RBA interest rate hikes won’t solve inflationJune 20, 2022 | msn.comBritain’s Unbridgeable DivideJune 7, 2022 | finance.yahoo.comWestern Digital Says It Will Consider Splitting Main UnitsJune 2, 2022 | seekingalpha.comCarillon Eagle Small Cap Growth Fund Q1 2022 CommentaryMay 19, 2022 | seekingalpha.comWestern Asset High Income Opportunity Fund Inc. declares $0.03 dividendMay 11, 2022 | msn.comAustralia election 2022 live news: Morrison announces mental health funding boost; 41 Covid deaths recordedMay 7, 2022 | seekingalpha.comRocky Brands, Inc. (RCKY) CEO Jason Brooks on Q12022Results - Earnings Call TranscriptApril 21, 2022 | ft.comLive news updates: US to send $800mn of new military aid to UkraineApril 14, 2022 | ft.comLive news updates: Russia’s Moskva warship has sunk, defence ministry confirmsApril 13, 2022 | finance.yahoo.comWestlake and Western Funding Now Fund Deals in Real-Time!See More Headlines HIO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HIO Company Calendar Today6/07/2023Ex-Dividend for 7/3 Dividend6/22/2023Dividend Payable7/03/2023Ex-Dividend for 8/1 Dividend7/21/2023Dividend Payable8/01/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Investment Trusts & Mutual Funds Sub-IndustryN/A SectorMiscellaneous Current SymbolNYSE:HIO CUSIPN/A CIK910068 Webwww.leggmason.com PhoneN/AFaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$-29,717,269.00 Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Key ExecutivesMr. Kenneth Donald Fuller (Age 65)Chairman, Chief Exec. Officer and Pres Key CompetitorsAberdeen Total Dynamic Dividend FundNYSE:AODAbrdn Global Dynamic Dividend FundNYSE:AGDAbrdn Income Credit Strategies FundNYSE:ACPAllianceBernstein National Municipal Income FundNYSE:AFBApollo Tactical Income FundNYSE:AIFView All CompetitorsInstitutional OwnershipCentaurus Financial Inc.Sold 33,888 shares on 5/18/2023Ownership: 0.000%Thrivent Financial for LutheransBought 22,000 shares on 5/17/2023Ownership: 0.000%First Trust Advisors LPSold 63,361 shares on 5/16/2023Ownership: 0.000%Jane Street Group LLCBought 16,124 shares on 5/16/2023Ownership: 0.000%Susquehanna International Group LLPSold 34,799 shares on 5/16/2023Ownership: 0.000%View All Institutional Transactions HIO Stock - Frequently Asked Questions How have HIO shares performed in 2023? Western Asset High Income Opportunity Fund's stock was trading at $3.95 at the beginning of the year. Since then, HIO shares have decreased by 4.4% and is now trading at $3.7750. View the best growth stocks for 2023 here. Are investors shorting Western Asset High Income Opportunity Fund? Western Asset High Income Opportunity Fund saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 17,200 shares, a decline of 83.3% from the April 15th total of 103,000 shares. Based on an average daily trading volume, of 266,800 shares, the days-to-cover ratio is currently 0.1 days. View Western Asset High Income Opportunity Fund's Short Interest. How often does Western Asset High Income Opportunity Fund pay dividends? What is the dividend yield for Western Asset High Income Opportunity Fund? Western Asset High Income Opportunity Fund announced a monthly dividend on Monday, May 15th. Shareholders of record on Friday, June 23rd will be paid a dividend of $0.03 per share on Monday, July 3rd. This represents a $0.36 annualized dividend and a dividend yield of 9.54%. The ex-dividend date is Thursday, June 22nd. Read our dividend analysis for HIO. What ETFs hold Western Asset High Income Opportunity Fund's stock? ETFs with the largest weight of Western Asset High Income Opportunity Fund (NYSE:HIO) stock in their portfolio include Rareview Dynamic Fixed Income ETF (RDFI), Invesco CEF Income Composite ETF (PCEF), First Trust Income Opportunities ETF (FCEF), Invesco Zacks Multi-Asset Income ETF (CVY), Is Western Asset High Income Opportunity Fund a good dividend stock? Western Asset High Income Opportunity Fund (NYSE:HIO) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.07%. Read our dividend analysis for HIO. What other stocks do shareholders of Western Asset High Income Opportunity Fund own? Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset High Income Opportunity Fund investors own include Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Transat A.T. (TRZ), Aegon (AEG), Eaton Vance Floating-Rate Income Trust (EFT), Endologix (ELGX), American Airlines Group (AAL) and Acadia Healthcare (ACHC). What is Western Asset High Income Opportunity Fund's stock symbol? Western Asset High Income Opportunity Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIO." Who are Western Asset High Income Opportunity Fund's major shareholders? Western Asset High Income Opportunity Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include Bramshill Investments LLC (0.00%), Capital Investment Advisors LLC (0.00%), Guggenheim Capital LLC (0.00%), FCA Corp TX (0.00%), UBS Group AG (0.00%) and Bank of America Corp DE (0.00%). Insiders that own company stock include Carol L Colman, Carol L Colman, Daniel P Cronin, Saba Capital Management, LP and William R Hutchinson. View institutional ownership trends. How do I buy shares of Western Asset High Income Opportunity Fund? Shares of HIO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Western Asset High Income Opportunity Fund's stock price today? One share of HIO stock can currently be purchased for approximately $3.78. This page (NYSE:HIO) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Western Asset High Income Opportunity Fund Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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