Western Asset High Income Opportunity Fund Inc. (HIO) to Issue Monthly Dividend of $0.04 on September 30th

by · The Markets Daily

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 23rd will be paid a dividend of 0.0355 per share by the closed-end fund on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date of this dividend is Wednesday, September 23rd.

Western Asset High Income Opportunity Fund Trading Down 0.1%

NYSE:HIO opened at $3.56 on Friday. The firm’s fifty day moving average price is $3.61 and its 200 day moving average price is $3.66. Western Asset High Income Opportunity Fund has a 1-year low of $3.47 and a 1-year high of $4.05.

Western Asset High Income Opportunity Fund Company Profile

(Get Free Report)

Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.

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