Western Asset High Income Opportunity Fund Inc. (HIO)
| Market Value | 377.72M |
| Revenue (ttm) | 36.13M |
| Net Income (ttm) | 48.05M |
| Shares Out | 95.10M |
| EPS (ttm) | 0.51 |
| PE Ratio | 7.88 |
| Forward PE | n/a |
| Dividend | $0.43 (10.71%) |
| Ex-Dividend Date | Feb 21, 2025 |
| Volume | 121,388 |
| Open | 3.990 |
| Previous Close | 3.980 |
| Day's Range | 3.960 - 3.990 |
| 52-Week Range | 3.690 - 4.070 |
| Beta | 0.60 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About 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 Ba... [Read more]
News
How To Get 11% Dividends And Wealth Protection In 2025
As I write this, the S&P 500 is sitting on a 28% total return for 2024. And of course, that could shoot even higher if we get the traditional Santa Claus rally.
HIO: High-Yield CEF With International Exposure
HIO is a well-diversified fixed income CEF with over 250 holdings, mainly in U.S. high-yield bonds, and minimal currency risk. The fund has shown robust returns, outperforming unleveraged peers, but l...
HIO: Limited Protection Against A Resurgence Of Inflation And Limited Upside Potential
The Western Asset High Income Opportunity Fund offers a high yield of 10.76%, outperforming peers but with potential risks due to inflation. The fund primarily invests in junk bonds, but has the poten...
These Huge Dividends Are (Still) Cheap After The August 5 Crash
Think back just a couple weeks: The “yen carry trade” had investors running scared, and we had a terrific opportunity to buy stocks—better still our favorite income plays on stocks: closed-end funds (...
HIO: Non-Leveraged High-Yield Focused CEF
The Western Asset High Income Opportunity Fund (HIO) is an unleveraged option for high-yield exposure, currently trading at a discount. HIO's historical trading level suggests that waiting for a wider...
Western Asset High Income Opportunity Fund Inc. Announces Results of Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
2 Bargain Funds Paying 10%+ Dividends (One Is Clearly Superior)
Closed-end funds sometimes give us hard choices
Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) Announces Portfolio Management Team Update
NEW YORK--(BUSINESS WIRE)--Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:
HIO: One Of The Better Junk Bond CEFs With A Double-Digit Yield
The Western Asset High Income Opportunity Fund Inc. offers a current yield of 10.87%, higher than many other junk bond funds. The HIO fund has managed to outperform the Bloomberg junk bond index on a ...
HIO: Unlevered Junk Bond Fund Paying More Than It Earns
HIO: Unlevered Junk Bond Fund Paying More Than It Earns.
HIO: Unleveraged Fund With A Leveraged Performance
Western Asset High Income Opportunity Fund is a fixed income CEF. The fund focuses on U.S. high yield and has a middle of the road credit build, with no excessive risk taken via CCC credits.
Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director
The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independen...
Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2022
NEW YORK--(BUSINESS WIRE)--Category: Financials
'High-High-Low' Closed-End Fund Report, February 2022: ARDC, HYB, JRI Buy Ratings Affirmed
Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.
Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2021
NEW YORK--(BUSINESS WIRE)--Category: Financials
Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2021
NEW YORK--(BUSINESS WIRE)--Category : Financials
HIO Looks Appealing For Unleveraged High-Yield Exposure
HIO looks attractively valued for unleveraged high-yield exposure. HIO yields 7.77% with 94% coverage, -7.89% discount.