HIO News and Press, Western Asset High Income Opportunity Fund Inc. From 04/02/24

2024-04-02 14:15:00 ET Summary Yields have surged across fixed income in the new regime. In Q2, we stay nimble and selective, preferring short-term sovereign bonds and high yield credit. The S&P 500 jumped 10% in Q1 even as bond yields rose on markets pricing out rate cuts. In...

2024-04-02 07:36:00 ET Summary Markets continue to experience heightened volatility as participants pay close attention to every new economic data point, trying to divine the timing of the first central bank rate cuts. But investors who are overly focused on data surprises may los...

2024-03-07 05:00:28 ET Closed-end funds sometimes give us hard choices … like do we want high dividends or really high dividends? Okay, so maybe I’m being a little flippant here—but not much! A reader got me thinking about this recently, with a quest...

Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows: Michael Buchanan Walter Kilcullen Christopher Kilpatrick Data and commentary provided in this press release are for informational purposes only. Fra...

2024-02-20 11:09:57 ET More on Western Asset High Income Opportunity Fund HIO: One Of The Better Junk Bond CEFs With A Double-Digit Yield Dividend scorecard for Western Asset High Income Opportunity Fund Read the full article on Seeking Alpha For further deta...

2024-02-20 09:59:05 ET More on Western Asset High Income Opportunity Fund HIO: One Of The Better Junk Bond CEFs With A Double-Digit Yield Dividend scorecard for Western Asset High Income Opportunity Fund Read the full article on Seeking Alpha For further deta...

Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) today announced the financial position of the Fund as of December 31, 2023. Footnotes: (a) NAVs are calculated as of the close of business on the last business day in the periods indicated above. (b) For the quarter indicated. ...

2024-01-23 11:29:30 ET Summary The Virtus Convertible & Income Fund offers a high level of income with a 12.75% current yield, significantly higher than most other closed-end funds. The fund's performance has been disappointing, underperforming comparable indices and deliverin...

2024-01-18 16:02:54 ET Summary The Western Asset High Income Opportunity Fund Inc. offers a current yield of 10.87%, higher than many other junk bond funds. The HIO fund has managed to outperform the Bloomberg junk bond index on a total return basis over the past three years, desp...

2024-01-10 08:42:00 ET Summary The downward inflation trend has bolstered market confidence that monetary policy is sufficiently restrictive as to achieve the FOMC’s longer-run goals. Further, policymakers’ rhetoric has turned more dovish, suggesting that a critical infl...