Western Asset High Yield Dfnd Opp FI (HYI) Sets New 1-Year Low at $13.86

Western Asset High Yield Dfnd Opp FI (NYSE:HYI) reached a new 52-week low on Friday . The company traded as low as $13.86 and last traded at $13.90, with a volume of 2059 shares changing hands. The stock had previously closed at $13.99.

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Friday, November 23rd will be issued a dividend of $0.0885 per share. This represents a $1.06 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date is Wednesday, November 21st.

Several large investors have recently bought and sold shares of HYI. Millennium Management LLC bought a new position in shares of Western Asset High Yield Dfnd Opp FI in the first quarter valued at approximately $952,000. Capital Investment Advisors LLC raised its stake in shares of Western Asset High Yield Dfnd Opp FI by 18.8% in the second quarter. Capital Investment Advisors LLC now owns 255,434 shares of the company’s stock valued at $3,727,000 after acquiring an additional 40,359 shares during the last quarter. Shaker Financial Services LLC bought a new position in shares of Western Asset High Yield Dfnd Opp FI in the second quarter valued at approximately $369,000. Uncommon Cents Investing LLC raised its stake in shares of Western Asset High Yield Dfnd Opp FI by 12.5% in the second quarter. Uncommon Cents Investing LLC now owns 289,780 shares of the company’s stock valued at $4,228,000 after acquiring an additional 32,230 shares during the last quarter. Finally, BlackRock Inc. bought a new position in shares of Western Asset High Yield Dfnd Opp FI in the second quarter valued at approximately $2,220,000.

About Western Asset High Yield Dfnd Opp FI (NYSE:HYI)

Western Asset High Yield Defined Opportunity Fund, Inc is a non-diversified, limited-term, closed-end management investment fund. It provides a non-leveraged high-yield corporate fixed income portfolio with a limited term structure. It seeks high income, with a capital appreciation as a secondary objective.

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