NYSE:HIOWestern Asst High Incm Opprtnty Fnd Stock Price, Forecast & News

$4.74

-0.02 (-0.42 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$4.73

Now: $4.74▼

$4.78

50-Day Range

$4.25

MA: $4.43▼

$4.76

52-Week Range

$3.00

Now: $4.74▼

$5.28

Volume467,000 shs

Average Volume750,092 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.07%

BetaN/A

Western 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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Western Asst High Incm Opprtnty Fnd.

2.6 Community Rank

Outperform Votes
Western Asst High Incm Opprtnty Fnd has received 76 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Western Asst High Incm Opprtnty Fnd has received 71 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Western Asst High Incm Opprtnty Fnd has received 51.70% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Western Asst High Incm Opprtnty Fnd and other stocks. Vote “Outperform” if you believe HIO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HIO will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Western Asst High Incm Opprtnty Fnd is a leading dividend payer. It pays a dividend yield of 0.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Western Asst High Incm Opprtnty Fnd has only been increasing its dividend for 1 years.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Western Asst High Incm Opprtnty Fnd insiders have bought more of their company's stock than they have sold. Specifically, they have bought $523,500.00 in company stock and sold $0.00 in company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.45 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:HIO

Previous Symbol

CUSIPN/A

CIK910068

Webwww.leggmason.com

PhoneN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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Western Asst High Incm Opprtnty Fnd (NYSE:HIO) Frequently Asked Questions

How has Western Asst High Incm Opprtnty Fnd's stock been impacted by COVID-19 (Coronavirus)?

Western Asst High Incm Opprtnty Fnd's stock was trading at $4.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HIO shares have increased by 2.6% and is now trading at $4.74. View which stocks have been most impacted by Coronavirus.

How often does Western Asst High Incm Opprtnty Fnd pay dividends? What is the dividend yield for Western Asst High Incm Opprtnty Fnd?

Western Asst High Incm Opprtnty Fnd announced a monthly dividend on Thursday, May 21st. Shareholders of record on Monday, August 24th will be given a dividend of $0.0325 per share on Tuesday, September 1st. This represents a $0.39 annualized dividend and a yield of 8.23%. The ex-dividend date of this dividend is Friday, August 21st. View Western Asst High Incm Opprtnty Fnd's dividend history.

Has Western Asst High Incm Opprtnty Fnd been receiving favorable news coverage?

News stories about HIO stock have trended very negative on Thursday, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Western Asst High Incm Opprtnty Fnd earned a news impact score of -3.2 on InfoTrie's scale. They also gave news stories about the closed-end fund a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutWestern Asst High Incm Opprtnty Fnd.

Who are some of Western Asst High Incm Opprtnty Fnd's key competitors?

Some companies that are related to Western Asst High Incm Opprtnty Fnd include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BLACKROCK 2022/COM (BGIO), Blackrock Coporate High Yield Fund (HYT) and Blackrock Credit Allocation Income Trust (BTZ). View all competitors.

What other stocks do shareholders of Western Asst High Incm Opprtnty Fnd own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asst High Incm Opprtnty Fnd investors own include Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), TRANSAT AT (TRZ), AEGON (AEG), Advent Claymore Convertible Secrts &IFII (AGC), Apache (APA), Eaton Vance Floating-Rate Income Trust (EFT), Endologix (ELGX), American Airlines Group (AAL) and Acadia Healthcare (ACHC).

Who are Western Asst High Incm Opprtnty Fnd's key executives?

Western Asst High Incm Opprtnty Fnd's management team includes the following people:

Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 61)
Mr. Richard F. Sennett, principal Financial Officer (Age 49)
Mr. Robert I. Frenkel, Chief Legal Officer and Sec. (Age 65)
Mr. Theodore Paul Becker, Chief Compliance Officer (Age 68)
Mr. Steven Frank, Treasurer (Age 52)

What is Western Asst High Incm Opprtnty Fnd's stock symbol?

Western Asst High Incm Opprtnty Fnd trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIO."

Who are Western Asst High Incm Opprtnty Fnd's major shareholders?

Western Asst High Incm Opprtnty Fnd's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Saba Capital Management L.P. (0.00%), RiverNorth Capital Management LLC (0.00%), Morgan Stanley (0.00%), Morgan Stanley (0.00%), Eaton Vance Management (0.00%) and UBS Group AG (0.00%). View institutional ownership trends for Western Asst High Incm Opprtnty Fnd.

Which institutional investors are selling Western Asst High Incm Opprtnty Fnd stock?

HIO stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Saba Capital Management L.P., RiverNorth Capital Management LLC, Parametric Portfolio Associates LLC, Capital Investment Advisors LLC, Raymond James Financial Services Advisors Inc., Pin Oak Investment Advisors Inc., and Citigroup Inc.. View insider buying and selling activity for Western Asst High Incm Opprtnty Fnd.

Which institutional investors are buying Western Asst High Incm Opprtnty Fnd stock?

HIO stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., RFG Advisory LLC, Almitas Capital LLC, City of London Investment Management Co. Ltd., First Trust Advisors LP, and Advisor Group Holdings Inc.. View insider buying and selling activity for Western Asst High Incm Opprtnty Fnd.

How do I buy shares of Western Asst High Incm Opprtnty Fnd?

Shares of HIO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Western Asst High Incm Opprtnty Fnd's stock price today?

One share of HIO stock can currently be purchased for approximately $4.74.

What is Western Asst High Incm Opprtnty Fnd's official website?

The official website for Western Asst High Incm Opprtnty Fnd is www.leggmason.com.

This page was last updated on 6/4/2020 by MarketBeat.com Staff