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.
Industry, Sector and Symbol
Industry Investment Trusts/Mutual Funds
Sub-IndustryN/A
SectorMiscellaneous
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Western Asst High Incm Opprtnty Fnd (NYSE:HIO) Frequently Asked Questions
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 announced a monthly dividend on Wednesday, May 22nd. Stockholders of record on Friday, June 21st will be given a dividend of $0.0295 per share on Monday, July 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date of this dividend is Thursday, June 20th. View Western Asst High Incm Opprtnty Fnd's Dividend History.
Has Western Asst High Incm Opprtnty Fnd been receiving favorable news coverage?
Press coverage about HIO stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Western Asst High Incm Opprtnty Fnd earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the closed-end fund a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for Western 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), Advent Claymore Convertible Secrts &IFII (AGC), 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) and Blackrock Coporate High Yield Fund (HYT).
What other stocks do shareholders of Western Asst High Incm Opprtnty Fnd own?
Who are Western Asst High Incm Opprtnty Fnd's key executives?
Western Asst High Incm Opprtnty Fnd's management team includes the folowing 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)
Who are Western Asst High Incm Opprtnty Fnd's major shareholders?
Western Asst High Incm Opprtnty Fnd's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Rivernorth Capital Management LLC (0.00%), UBS Group AG (0.00%), Morgan Stanley (0.00%), Bank of America Corp DE (0.00%), Parametric Portfolio Associates LLC (0.00%) and Invesco Ltd. (0.00%). View Institutional Ownership Trends for Western Asst High Incm Opprtnty Fnd.
Which major 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 Parametric Portfolio Associates LLC, UBS Group AG, Landscape Capital Management L.L.C., Bank of America Corp DE, Ladenburg Thalmann Financial Services Inc., Royal Bank of Canada, Commonwealth Equity Services LLC and Gofen & Glossberg LLC IL. View Insider Buying and Selling for Western Asst High Incm Opprtnty Fnd.
Which major 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 Rivernorth Capital Management LLC, Vivaldi Capital Management LLC, Morgan Stanley, Capital Investment Advisors LLC, Invesco Ltd., First Trust Advisors LP, Wells Fargo & Company MN and Jane Street Group LLC. View Insider Buying and Selling 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, Scottrade, 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 $5.02.
What is Western Asst High Incm Opprtnty Fnd's official website?
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 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.
