Western Asset High Income Opportunity FundHIO
About: Western Asset High Income Oppor Fd Inc is a diversified closed-end management investment company. The company's primary objective is to seek high current income and the secondary objective is capital appreciation. It invests a majority of its net assets in high-yield corporate debt securities and the rest in common stock equivalents, including options, warrants, and rights. The company invests in securities of companies from various sectors such as energy, technology, utilities, industrials, communications, finance, and capital goods among others.
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
59% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 22
2% more funds holding
Funds holding: 96 [Q3] → 98 (+2) [Q4]
0.74% less ownership
Funds ownership: 30.96% [Q3] → 30.22% (-0.74%) [Q4]
5% less capital invested
Capital invested by funds: $119M [Q3] → $113M (-$6.12M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for HIO.
Financial journalist opinion







