Western Asset High Income Opportunity Fund


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 in various sectors such as auto components, hotels, restaurants and leisure, household durables, food & staples, energy, banks, capital markets, consumer finance, insurance, pharmaceuticals, aerospace and defense, and others.

Funds holding %
of 6,665 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

23% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 31

3.19% less ownership

Funds ownership: 38.13% [Q4 2023] → 34.94% (-3.19%) [Q1 2024]

6% less funds holding

Funds holding: 104 [Q4 2023] → 98 (-6) [Q1 2024]

7% less capital invested

Capital invested by funds: $140M [Q4 2023] → $130M (-$10.5M) [Q1 2024]

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

Research analyst outlook

We haven’t received any recent analyst ratings for HIO.

Financial journalist opinion