Western Asset High Income Opportunity Fund Inc. (HIO) To Go Ex-Dividend on April 23rd

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) declared a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, April 23rd will be paid a dividend of 0.0355 per share by the closed-end fund on Thursday, April 30th. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend is Thursday, April 23rd.

Western Asset High Income Opportunity Fund Stock Down 0.1%

HIO opened at $3.77 on Wednesday. Western Asset High Income Opportunity Fund has a 1 year low of $3.36 and a 1 year high of $4.15. The firm’s fifty day moving average price is $3.75 and its two-hundred day moving average price is $3.82.

Institutional Investors Weigh In On Western Asset High Income Opportunity Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kanen Wealth Management LLC bought a new position in shares of Western Asset High Income Opportunity Fund during the 1st quarter worth approximately $1,448,000. Jane Street Group LLC bought a new position in shares of Western Asset High Income Opportunity Fund in the first quarter valued at approximately $139,000. Geneos Wealth Management Inc. increased its position in shares of Western Asset High Income Opportunity Fund by 807.2% during the first quarter. Geneos Wealth Management Inc. now owns 11,721 shares of the closed-end fund’s stock valued at $47,000 after acquiring an additional 10,429 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Western Asset High Income Opportunity Fund by 17.1% during the second quarter. Envestnet Asset Management Inc. now owns 126,879 shares of the closed-end fund’s stock valued at $505,000 after acquiring an additional 18,547 shares during the last quarter. Finally, Shaker Financial Services LLC bought a new stake in Western Asset High Income Opportunity Fund during the second quarter worth $802,000.

About Western Asset High Income Opportunity Fund

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.