⌘K

Western Asset High Income Opportunity Fund Inc. (HIO)

$3.98 -1.12% $-0.04 Financial Services

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.

Market cap

$378.02M

CEO

Mr. Kenneth Donald Fuller

Headquarters

New York, NY

IPO Date

Nov 23, 1993

Price-to-earnings (PE) Ratio

11.04

Earnings-per-share (EPS)

$0.36

Cash ratio (TTM)

0.04

Current ratio (TTM)

0.65

Dividend yield (TTM)

10.61%

Earnings yield (TTM)

9.83%

Net profit margin (TTM)

194.40%

PE ratio (TTM)

10.18

PEG ratio (TTM)

-0.56

Price-to-book ratio (TTM)

0.96

Price-to-sales ratio (TTM)

19.78

Quick ratio (TTM)

0.65

Return on assets (TTM)

9.02%

Return on equity (TTM)

9.45%

Similar stocks (15)

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

ETW

$8.58 -1.04% $-0.09

Uptrend

Eaton Vance Risk-Managed Diversified Equity Income Fund

ETJ

$9.25 -1.07% $-0.10

Uptrend

Neuberger Berman MLP and Energy Income Fund Inc.

NML

$9.05 0.11% $0.01

Uptrend

BlackRock Debt Strategies Fund, Inc.

DSU

$10.89 -0.27% $-0.03

Downtrend

BlackRock MuniVest Fund, Inc.

MVF

$7.28 -1.30% $-0.10

Neutral

Voya Global Equity Dividend and Premium Opportunity Fund

IGD

$5.52 -0.54% $-0.03

Neutral

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund

EAD

$6.87 -0.68% $-0.05

Neutral

Western Asset High Income Fund II Inc.

HIX

$4.41 -0.68% $-0.03

Neutral

Western Asset High Yield Defined Opportunity Fund Inc.

HYI

$12.06 -0.90% $-0.11

Neutral

Virtus Convertible & Income Fund II

NCZ

$3.16 -1.52% $-0.05

Uptrend

BNY Mellon High Yield Strategies Fund

DHF

$2.57 -0.77% $-0.02

Neutral

Western Asset Global Corporate Defined Opportunity Fund Inc.

GDO

$11.92 -0.50% $-0.06

Downtrend

Western Asset Global High Income Fund Inc.

EHI

$6.68 -1.62% $-0.11

Downtrend

Western Asset Investment Grade Income Fund Inc.

PAI

$12.62 -1.55% $-0.20

Uptrend

The European Equity Fund, Inc.

EEA

$8.58 -1.49% $-0.13

Downtrend

ETF Exposure (4)

Rareview Dynamic Fixed Income ETF

RDFI

0.99%

$24.12 -0.72% $-0.18

Neutral

First Trust Income Opportunity ETF

FCEF

0.75%

$22.28 -0.85% $-0.19

Uptrend

Invesco CEF Income Composite ETF

PCEF

0.553%

$19.53 -0.87% $-0.17

Uptrend

Invesco Zacks Multi-Asset Income ETF

CVY

0.197%

$26.31 -1.26% $-0.33

Uptrend

Similar stocks (15)

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

ETW

$8.58 -1.04% $-0.09

Uptrend

Eaton Vance Risk-Managed Diversified Equity Income Fund

ETJ

$9.25 -1.07% $-0.10

Uptrend

Neuberger Berman MLP and Energy Income Fund Inc.

NML

$9.05 0.11% $0.01

Uptrend

BlackRock Debt Strategies Fund, Inc.

DSU

$10.89 -0.27% $-0.03

Downtrend

BlackRock MuniVest Fund, Inc.

MVF

$7.28 -1.30% $-0.10

Neutral

Voya Global Equity Dividend and Premium Opportunity Fund

IGD

$5.52 -0.54% $-0.03

Neutral

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund

EAD

$6.87 -0.68% $-0.05

Neutral

Western Asset High Income Fund II Inc.

HIX

$4.41 -0.68% $-0.03

Neutral

Western Asset High Yield Defined Opportunity Fund Inc.

HYI

$12.06 -0.90% $-0.11

Neutral

Virtus Convertible & Income Fund II

NCZ

$3.16 -1.52% $-0.05

Uptrend

BNY Mellon High Yield Strategies Fund

DHF

$2.57 -0.77% $-0.02

Neutral

Western Asset Global Corporate Defined Opportunity Fund Inc.

GDO

$11.92 -0.50% $-0.06

Downtrend

Western Asset Global High Income Fund Inc.

EHI

$6.68 -1.62% $-0.11

Downtrend

Western Asset Investment Grade Income Fund Inc.

PAI

$12.62 -1.55% $-0.20

Uptrend

The European Equity Fund, Inc.

EEA

$8.58 -1.49% $-0.13

Downtrend

ETF Exposure (4)

Rareview Dynamic Fixed Income ETF

RDFI

0.99%

$24.12 -0.72% $-0.18

Neutral

First Trust Income Opportunity ETF

FCEF

0.75%

$22.28 -0.85% $-0.19

Uptrend

Invesco CEF Income Composite ETF

PCEF

0.553%

$19.53 -0.87% $-0.17

Uptrend

Invesco Zacks Multi-Asset Income ETF

CVY

0.197%

$26.31 -1.26% $-0.33

Uptrend