NYSE:HIO

Western Asset High Income Opportunity Fund (HIO) Stock Price, News & Analysis

$3.76
-0.01 (-0.26%)
(As of 05/16/2024 ET)
Today's Range
$3.76
$3.79
50-Day Range
$3.72
$4.02
52-Week Range
$3.52
$4.03
Volume
601,899 shs
Average Volume
334,967 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
10.62%
Price Target
N/A
HIO stock logo

About Western Asset High Income Opportunity Fund Stock (NYSE:HIO)

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.

HIO Stock Price History

HIO Stock News Headlines

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Company Calendar

Today
5/16/2024
Ex-Dividend for 6/3 Dividend
5/22/2024
Ex-Dividend for 6/3 Dividend
5/22/2024
Dividend Payable
6/03/2024
Dividend Payable
6/03/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$28.71 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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HIO Stock Analysis - Frequently Asked Questions

How have HIO shares performed in 2024?

Western Asset High Income Opportunity Fund's stock was trading at $3.86 at the beginning of the year. Since then, HIO stock has decreased by 2.5% and is now trading at $3.7650.
View the best growth stocks for 2024 here
.

Are investors shorting Western Asset High Income Opportunity Fund?

Western Asset High Income Opportunity Fund saw a decrease in short interest in April. As of April 30th, there was short interest totaling 40,700 shares, a decrease of 15.0% from the April 15th total of 47,900 shares. Based on an average daily trading volume, of 325,400 shares, the short-interest 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 declared a monthly dividend on Tuesday, February 20th. Stockholders of record on Thursday, May 23rd will be paid a dividend of $0.0355 per share on Monday, June 3rd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 11.31%. The ex-dividend date is Wednesday, May 22nd.
Read our dividend analysis for HIO
.

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

Western Asset High Income Opportunity Fund (NYSE:HIO) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.07%.
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).First Trust Income Opportunities ETF (FCEF).

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).

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 City of London Investment Management Co. Ltd. (0.00%), RFG Advisory LLC (0.00%), Hennion & Walsh Asset Management Inc. (0.00%), Prevail Innovative Wealth Advisors LLC (0.00%), Oppenheimer & Co. Inc. (0.00%) and Hartline Investment Corp (0.00%). Insiders that own company stock include Carol L Colman and Carol L Colman.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HIO) was last updated on 5/17/2024 by MarketBeat.com Staff

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