NYSE:HIO

Western Asset High Income Opportunity Fund Stock Forecast, Price & News

$5.30

-0.01 (-0.19 %)

(As of 09/17/2021 12:00 AM ET)

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Today's Range

$5.28

▼

$5.31

50-Day Range

$5.11

▼

$5.35

52-Week Range

$4.86

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$5.39

Volume117,289 shs

Average Volume242,557 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.07%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Western Asset High Income Opportunity Fund

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.

Insider Selling: Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Director Sells 2,500 Shares of Stock
August 30, 2021 | americanbankingnews.com

Short Interest in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Decreases By 62.8%
August 27, 2021 | americanbankingnews.com

Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2021
August 4, 2021 | finance.yahoo.com

What happens if Chinese household wealth is unleashed on the world?
July 5, 2021 | ft.com

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July, and August 2021
May 18, 2021 | finance.yahoo.com

Why the Biden climate plan may be good for some investors
April 22, 2021 | msn.com

Ex-Dividend Date Insight: Western Asset High Income
April 21, 2021 | benzinga.com

CSX Corp (CSX) Q1 2021 Earnings Call Transcript
April 20, 2021 | msn.com

New York Nixes Opportunity Zone Breaks: Investor Impact?
April 19, 2021 | fool.com

David Wolf, champion of California community colleges, dies at 78
April 17, 2021 | msn.com

See More Headlines

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
EmployeesN/A
Year FoundedN/A

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding SharesN/A
Market CapN/A
Next Earnings DateN/A
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.07 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Western Asset High Income Opportunity Fund.

4.5 Community Rank

Outperform Votes
Western Asset High Income Opportunity Fund has received 76 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Western Asset High Income Opportunity Fund has received 35 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Western Asset High Income Opportunity Fund has received 68.47% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Western Asset High Income Opportunity Fund 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.

0.0 Dividend Strength

Dividend Yield
Western Asset High Income Opportunity Fund has a dividend yield of 0.07%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Western Asset High Income Opportunity Fund has only been increasing its dividend for 1 years.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Western Asset High Income Opportunity Fund insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,100.00 in company stock.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

Western Asset High Income Opportunity Fund (NYSE:HIO) Frequently Asked Questions

What stocks does MarketBeat like better than Western Asset High Income Opportunity Fund?

Wall Street analysts have given Western Asset High Income Opportunity Fund a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Western Asset High Income Opportunity Fund wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Western Asset High Income Opportunity Fund?

Western Asset High Income Opportunity Fund saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 12,700 shares, a decrease of 27.4% from the August 15th total of 17,500 shares. Based on an average daily volume of 205,400 shares, the short-interest ratio is currently 0.1 days.
View Western Asset High Income Opportunity Fund's Short Interest.

How has Western Asset High Income Opportunity Fund's stock price been impacted by COVID-19 (Coronavirus)?

Western Asset High Income Opportunity Fund's stock was trading at $4.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HIO shares have increased by 14.7% and is now trading at $5.30.
View which stocks have been most impacted by COVID-19.

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 Friday, August 6th. Shareholders of record on Monday, November 22nd will be given a dividend of $0.03 per share on Wednesday, December 1st. This represents a $0.36 annualized dividend and a yield of 6.79%. The ex-dividend date is Friday, November 19th.
View Western Asset High Income Opportunity Fund's dividend history.

Is Western Asset High Income Opportunity Fund a good dividend stock?

Western Asset High Income Opportunity Fund pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.07%.
View Western Asset High Income Opportunity Fund's dividend history.

Who are Western Asset High Income Opportunity Fund's key executives?

Western Asset High Income Opportunity Fund's management team includes the following people:

Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 63)

Who are some of Western Asset High Income Opportunity Fund's key competitors?

Some companies that are related to Western Asset High Income Opportunity Fund include 578896 (INB.L) (INB), Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Alternative Asset Opportunities PCC (TLI), Apollo Tactical Income Fund (AIF), Aptus Behavioral Momentum ETF (BEMO), Aptus Fortified Value ETF (FTVA), Ares Dynamic Credit Allocation Fund (ARDC), Bernstein Global Research Fund (BRGL), Bernstein U.S. Research Fund (BERN) and BlackRock 2022 Global Income Opportunity Trust (BGIO).
View all of HIO's competitors.

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), (AGC), (APA), 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 institutional and retail investors. Top institutional investors include Bramshill Investments LLC (0.00%), Rivernorth Capital Management LLC (0.00%), Morgan Stanley (0.00%), Morgan Stanley (0.00%), Penserra Capital Management LLC (0.00%) and Invesco Ltd. (0.00%). Company insiders that own Western Asset High Income Opportunity Fund stock include Carol L Colman, Daniel P Cronin, Saba Capital Management, LP and William R Hutchinson.
View institutional ownership trends for Western Asset High Income Opportunity Fund.

Which institutional investors are selling Western Asset High Income Opportunity Fund stock?

HIO stock was sold by a variety of institutional investors in the last quarter, including Rivernorth Capital Management LLC, Parametric Portfolio Associates LLC, Wells Fargo & Company MN, Tortoise Investment Management LLC, Walleye Trading LLC, Northwestern Mutual Wealth Management Co., Royal Bank of Canada, and Bank of America Corp DE. Company insiders that have sold Western Asset High Income Opportunity Fund company stock in the last year include Carol L Colman, Daniel P Cronin, Saba Capital Management, LP, and William R Hutchinson.
View insider buying and selling activity for Western Asset High Income Opportunity Fund or view top insider-selling stocks.

Which institutional investors are buying Western Asset High Income Opportunity Fund stock?

HIO stock was bought by a variety of institutional investors in the last quarter, including Bramshill Investments LLC, Penserra Capital Management LLC, Morgan Stanley, Morgan Stanley, Invesco Ltd., Lazard Asset Management LLC, Fiera Capital Corp, and Regal Investment Advisors LLC.
View insider buying and selling activity for Western Asset High Income Opportunity Fund or or view top insider-buying stocks.

How do I buy shares of Western Asset High Income Opportunity Fund?

Shares of HIO 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 $5.30.

What is Western Asset High Income Opportunity Fund's official website?

The official website for Western Asset High Income Opportunity Fund is www.leggmason.com.

Where are Western Asset High Income Opportunity Fund's headquarters?

Western Asset High Income Opportunity Fund is headquartered at 620 8th Ave Fl 49, NEW YORK, NY 10018-1618, United States.

This page was last updated on 9/18/2021 by MarketBeat.com Staff

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