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HYI - HYI And HYB: 2 High Yield Bond Funds Worth A Look
April, 20 2022 06:45 PM
Western Asset High Yield Defined Opportunity Fund Inc.
HYI and HYB both offer exposure to a portfolio in the high yield space; high yield bonds provide reduced interest rate sensitivity. One of the primary differences is that HYB is leveraged while HYI is non-leveraged and term structured. The discounts for both funds are wide, making them quite attractive for long-term investors. For further details see:
HYI And HYB: 2 High Yield Bond Funds Worth A Look
Stock Information
Company Name:
Western Asset High Yield Defined Opportunity Fund Inc.
Stock Symbol:
HYI
Market:
NYSE
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