Western Asset High Income Opportunity Fund Inc. is a diversified, closed-end management investment company. The Fund seeks high current income. Capital appreciation is a secondary objective. It invests, under normal market conditions, approximately 80% of its net assets in high-yield securities and over 20% in common stock equivalents, including options, warrants and rights. The Fund invests in sectors, such as auto components, hotels, restaurants and leisure, household durables, multiline retail, specialty retail, beverages, food and staples, food products, household products, tobacco, energy equipment and services, oil, gas and consumable fuels, banks, capital markets, consumer finance, insurance, biotechnology, healthcare equipment and supplies, pharmaceuticals, aerospace and defense, and building products. Western Asset Management Company and Western Asset Management Company Limited are the sub-advisors of the Fund. Legg Mason Partners Fund Advisor, LLC is its investment manager.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NYSE:HIO
- CUSIP: N/A
- Web: www.leggmason.com
Average Prices:- 50 Day Moving Avg: $5.12
- 200 Day Moving Avg: $5.12
- 52 Week Range: $4.68 - $5.25
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Misc:- Average Volume: 292,694 shs.
Frequently Asked Questions for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)
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."
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 declared a monthly dividend on Thursday, May 18th. Stockholders of record on Friday, July 21st will be given a dividend of $0.03 per share on Tuesday, August 1st. This represents a $0.36 annualized dividend and a dividend yield of 7.00%. The ex-dividend date of this dividend is Wednesday, July 19th. View Western Asst High Incm Opprtnty Fnd's Dividend History.
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 Ares Capital Corporation (ARCC), Prospect Capital Corporation (PSEC), FS Investment Corporation (FSIC), 3i Infrastructure PLC (3IN), Tortoise Energy Infrastructure Corporation (TYG), Apollo Investment Corporation (AINV), TPG Specialty Lending (TSLX), Golub Capital BDC (GBDC), Liberty All-Star Equity Fund (USA), Hercules Capital (HTGC), New Mountain Finance Corporation (NMFC), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Triangle Capital Corporation (TCAP), Ithaca Energy (IAE), Invesco California Value Municipal Income Trust (VCV), BlackRock Capital Investment Corporation (BKCC) and PennantPark Investment Corporation (PNNT).
Who are Western Asst High Incm Opprtnty Fnd's key executives?
Western Asst High Incm Opprtnty Fnd's management team includes the folowing people:
- Jane E. Trust, Chairman of the Board, President, Chief Executive Officer
- Richard F. Sennett, Principal Financial Officer
- Ted P. Becker, Chief Compliance Officer
- Steven Frank, Treasurer
- Jenna Bailey, Identity Theft Prevention Officer
- Robert I. Frenkel, Secretary, Chief Legal Officer
- William R. Hutchinson, Lead Independent Director
- Robert D. Agdern, Director
- Carol L. Colman, Independent Director
- Daniel P. Cronin, Independent Director
How do I buy Western Asst High Incm Opprtnty Fnd stock?
Shares of Western Asst High Incm Opprtnty Fnd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Western Asst High Incm Opprtnty Fnd's stock price today?
One share of Western Asst High Incm Opprtnty Fnd stock can currently be purchased for approximately $5.14.
MarketBeat Community Rating for Western Asst High Incm Opprtnty Fnd (NYSE HIO)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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Western Asst High Incm Opprtnty Fnd (NYSE:HIO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)| Next Dividend: | 8/1/2017 |
| Annual Dividend: | $0.36 |
| Dividend Yield: | 7.00% |
| Dividend Growth: | -3.40% (3 Year Average) |
| Payout Ratio: | |
Dividend History by Quarter for Western Asst High Incm Opprtnty Fnd (NYSE HIO)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/18/2017 | monthly | $0.03 | 7% | 7/19/2017 | 7/21/2017 | 8/1/2017 |
| 5/18/2017 | monthly | $0.03 | 7% | 6/21/2017 | 6/23/2017 | 7/3/2017 |
| 5/18/2017 | monthly | $0.03 | 7% | 8/23/2017 | 8/25/2017 | 9/1/2017 |
| 2/16/2017 | monthly | $0.03 | 7.15% | 5/17/2017 | 5/19/2017 | 6/1/2017 |
| 2/16/2017 | monthly | $0.03 | 7.15% | 4/19/2017 | 4/21/2017 | 5/1/2017 |
| 2/16/2017 | monthly | $0.03 | 7.15% | 3/22/2017 | 3/24/2017 | 4/3/2017 |
| 5/21/2015 | monthly | $0.04 | 7.93% | 8/19/2015 | 8/21/2015 | 8/28/2015 |
| 5/21/2015 | monthly | $0.04 | 7.93% | 6/17/2015 | 6/19/2015 | 6/26/2015 |
| 5/21/2015 | monthly | $0.04 | 7.93% | 7/22/2015 | 7/24/2015 | 7/31/2015 |
| 2/19/2015 | monthly | $0.04 | 8.02% | 5/20/2015 | 5/22/2015 | 5/29/2015 |
| 2/19/2015 | monthly | $0.04 | 8.02% | 4/15/2015 | 4/17/2015 | 4/24/2015 |
| 2/19/2015 | monthly | $0.04 | 8.02% | 3/18/2015 | 3/20/2015 | 3/27/2015 |
| 11/19/2014 | monthly | $0.04 | 7.63% | 12/17/2014 | 12/19/2014 | 12/26/2014 |
| 11/19/2014 | monthly | $0.04 | 7.63% | 1/21/2015 | 1/23/2015 | 1/30/2015 |
| 11/19/2014 | monthly | $0.04 | 7.63% | 2/18/2015 | 2/20/2015 | 2/27/2015 |
| 8/18/2014 | monthly | $0.04 | 7.15% | 9/17/2014 | 9/19/2014 | 9/26/2014 |
| 8/18/2014 | monthly | $0.04 | 7.15% | 11/19/2014 | 11/21/2014 | 11/28/2014 |
| 8/18/2014 | monthly | $0.04 | 7.15% | 10/22/2014 | 10/24/2014 | 10/31/2014 |
| 5/20/2014 | monthly | $0.04 | 7.13% | 8/20/2014 | 8/22/2014 | 8/29/2014 |
| 5/20/2014 | monthly | $0.04 | 7.13% | 7/16/2014 | 7/18/2014 | 7/25/2014 |
| 5/20/2014 | jun 14 | $0.04 | 7.13% | 6/18/2014 | 6/20/2014 | 6/27/2014 |
| 2/14/2014 | monthly | $0.04 | 7.28% | 4/15/2014 | 4/17/2014 | 4/25/2014 |
| 2/14/2014 | monthly | $0.04 | 7.28% | 5/21/2014 | 5/23/2014 | 5/30/2014 |
| 2/14/2014 | monthly | $0.04 | 7.28% | 3/19/2014 | 3/21/2014 | 3/28/2014 |
| 11/19/2013 | monthly | $0.04 | 7.44% | 2/19/2014 | 2/21/2014 | 2/28/2014 |
| 11/19/2013 | monthly | $0.04 | 7.44% | 12/18/2013 | 12/20/2013 | 12/27/2013 |
| 11/19/2013 | monthly | $0.04 | 7.44% | 1/22/2014 | 1/24/2014 | 1/31/2014 |
| 11/18/2013 | dec 13 | $0.04 | | 12/18/2013 | 12/20/2013 | 12/27/2013 |
| 8/19/2013 | monthly | $0.04 | 7.94% | 11/20/2013 | 11/22/2013 | 11/29/2013 |
| 8/19/2013 | monthly | $0.04 | 7.94% | 9/18/2013 | 9/20/2013 | 9/27/2013 |
| 8/19/2013 | monthly | $0.04 | 7.94% | 10/16/2013 | 10/18/2013 | 10/25/2013 |
| 8/19/2013 | sep 13 | $0.04 | | 9/18/2013 | 9/20/2013 | 9/27/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)Insider Trades by Quarter for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 1/4/2017 | Daniel P. Cronin | Director | Sell | 2,600 | $5.23 | $13,598.00 |  |
| 7/10/2013 | Stephen A Walsh | Insider | Buy | 7,455 | $5.81 | $43,313.55 | |
(Data available from 1/1/2013 forward)
Headline Trends for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)
Latest Headlines for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)
| Source: |
|
| Date | Headline |
|---|
 | Western Asst High Incm Opprtnty Fnd Inc. Announces Monthly Dividend of $0.03 (HIO)
www.americanbankingnews.com - May 18 at 7:40 PM |
| Western Asst High Incm Opprtnty Fnd Inc. (HIO) to Issue $0.03 Monthly Dividend
www.americanbankingnews.com - May 18 at 7:40 PM |
| Western Asst High Incm Opprtnty Fnd (HIO) Receiving Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 29 at 4:19 PM |
 | Western Asset High Yield Defined Opportunity Fund Inc. Portfolio Composition as of March 31, 2017
www.businesswire.com - April 27 at 6:16 PM |
 | Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of March 31, 2017
finance.yahoo.com - April 27 at 6:16 PM |
| Western Asst High Incm Opprtnty Fnd (HIO) Getting Positive News Coverage, Report Finds
www.americanbankingnews.com - April 15 at 11:45 AM |
 | Areas Of Opportunity In Fixed-Income CEFs
seekingalpha.com - April 14 at 5:43 PM |
| Reduce Interest-Rate Risk With These High-Yield Funds
seekingalpha.com - March 16 at 8:47 PM |
 | 3 Top-Ranked Legg Mason Mutual Funds to Boost Your Portfolio
www.zacks.com - March 10 at 10:09 AM |
| Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2016
finance.yahoo.com - February 14 at 6:57 PM |
| Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of December 31, 2016
finance.yahoo.com - January 30 at 6:24 PM |
 | The 2017 Bond Strategy That Goldman and BlackRock Back
www.bloomberg.com - January 3 at 8:26 PM |
| WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. Financials
finance.yahoo.com - November 29 at 4:47 PM |
| Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of September 30, 2016
finance.yahoo.com - October 27 at 5:30 PM |
| Western Asset High Income Opportunity Fund Inc. (HIO)
finance.yahoo.com - October 11 at 5:37 PM |
| Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2016
finance.yahoo.com - August 15 at 8:37 AM |
 | Western Asset High Income Opportunity Fund Inc....
www.benzinga.com - August 1 at 5:19 PM |
| Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of June 30, 2016
finance.yahoo.com - August 1 at 8:00 AM |
| Ex-Western Asset employee avoids prison for computer intrusion
finance.yahoo.com - July 21 at 5:03 PM |
 | Western Asset High Income Opportunity Fund, Inc. (HIO) Ex-Dividend
www.nasdaq.com - July 19 at 5:33 PM |
| Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Month of July 2016
finance.yahoo.com - July 7 at 8:00 AM |
| Western Asset Managed High Income Fund Inc. and Western Asset High Income Opportunity Fund Inc. Announce Adjournment of Joint Special Meeting of Stockholders
finance.yahoo.com - July 1 at 8:00 AM |
| Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2015
finance.yahoo.com - March 7 at 8:00 AM |
| Western Asset High Income Opportunity Fund Inc. Portfolio Composition as of December 31, 2015
finance.yahoo.com - January 29 at 9:00 AM |
Western Asst High Incm Opprtnty Fnd (HIO) Chart for Thursday, July, 27, 2017
