Western Asset High Yield Defined Opportunity Fund (HYI) Stock Price, News & Analysis

Company Overview

Western Asset High Yield Defined Opportunity Fund, Inc. (NYSE: HYI) is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and the potential for capital appreciation. Organized under the Investment Company Act of 1940, the fund pursues its objective by investing primarily in below-investment-grade fixed income securities, including high yield corporate debt, convertible bonds and other credit instruments. Its portfolio may also include unrated debt securities that the adviser deems to be of comparable quality.

Under normal market conditions, the fund allocates at least 80% of its managed assets to high yield securities issued by U.S. and foreign issuers. Portfolio managers employ a research-driven, value-oriented approach, seeking opportunities across industry sectors and the capital structure. The fund may use leverage, including borrowings and preferred stock, to enhance income, while maintaining risk controls through diversified holdings and credit analysis. It also has the flexibility to hedge interest rate and currency exposures.

The investment adviser to HYI is Western Asset Management Company, LLC, a global fixed income specialist with over four decades of history managing credit portfolios on behalf of institutions and retail clients. Western Asset is part of Franklin Templeton, one of the world’s largest independent, global investment management organizations. The fund’s board of directors oversees management and compliance, ensuring alignment with shareholder interests. While the bulk of investments are in U.S. dollar-denominated securities, HYI may allocate a portion of assets to international markets to enhance yield or capture relative value opportunities.

Key Stats

• Today's Range: $11.48 to $11.53
• 50-Day Range: $11.46 to $12.09
• 52-Week Range: $11.05 to $12.33
• Volume: 39,013 shs
• Average Volume: 55,079 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 9.92%
• Price Target: N/A
• Consensus Rating: N/A

HYI Stock Analysis - Frequently Asked Questions

How have HYI shares performed this year?

Western Asset High Yield Defined Opportunity Fund's stock was trading at $11.82 at the beginning of 2025. Since then, HYI shares have decreased by 2.7% and is now trading at $11.50.

Who are Western Asset High Yield Defined Opportunity Fund's major shareholders?

Western Asset High Yield Defined Opportunity Fund's top institutional shareholders include Uncommon Cents Investing LLC and World Investment Advisors.
View institutional ownership trends.

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

Shares of HYI 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.

What other stocks do shareholders of Western Asset High Yield Defined Opportunity Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Asset High Yield Defined Opportunity Fund investors own include YieldMax NVDA Option Income Strategy ETF (NVDY), YieldMax COIN Option Income Strategy ETF (CONY), YieldMax META Option Income Strategy ETF (FBY), Oxford Lane Capital (OXLC), AGNC Investment (AGNC), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Global X Nasdaq 100 Covered Call ETF (QYLD).

Company Calendar

• Record date for 10/1 Dividend: 9/23/2025
• Ex-Dividend for 10/1 Dividend: 9/23/2025
• Dividend Payable: 10/01/2025
• Today: 10/16/2025
• Record date for 11/3 Dividend: 10/24/2025
• Ex-Dividend for 11/3 Dividend: 10/24/2025
• Dividend Payable: 11/03/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:HYI
• CIK: 820537
• Web: institutional.myleggmason.com
• Phone: 800-822-5544
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $22.36 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A