Media coverage about Western Asset High Yield Defined Opportunity Fund (NYSE:HYI) has been trending very positive this week, AlphaOne reports. The research group, a subsidiary of Accern, scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Asset High Yield Defined Opportunity Fund earned a coverage optimism score of 0.51 on AlphaOne’s scale. AlphaOne also gave headlines about the company an impact score of 37 out of 100, indicating that recent news coverage is unlikely to have an impact on the stock’s share price in the next few days.
Western Asset High Yield Defined Opportunity Fund (NYSE:HYI) traded down 0.26% during mid-day trading on Friday, reaching $15.35. 59,953 shares of the company’s stock traded hands. Western Asset High Yield Defined Opportunity Fund has a 12-month low of $14.21 and a 12-month high of $15.76. The stock has a 50 day moving average of $15.47 and a 200 day moving average of $15.17.
The firm also recently declared a monthly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 25th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $1.20 annualized dividend and a yield of 7.80%.
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