Western Asset High Income Opportunity Fund Inc. (HIO) To Go Ex-Dividend on November 20th

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) announced a monthly dividend on Wednesday, August 5th. Stockholders of record on Friday, November 20th will be paid a dividend of 0.0355 per share by the closed-end fund on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date is Friday, November 20th.

Western Asset High Income Opportunity Fund Stock Performance

NYSE:HIO opened at $3.56 on Friday. Western Asset High Income Opportunity Fund has a one year low of $3.47 and a one year high of $4.05. The business has a fifty day moving average price of $3.61 and a 200-day moving average price of $3.66.

Institutional Trading of Western Asset High Income Opportunity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Laurel Oak Wealth Management LLC bought a new position in shares of Western Asset High Income Opportunity Fund in the fourth quarter worth about $40,000. PNC Financial Services Group Inc. increased its holdings in Western Asset High Income Opportunity Fund by 84.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 10,900 shares of the closed-end fund’s stock worth $42,000 after acquiring an additional 5,000 shares in the last quarter. One Capital Management LLC bought a new stake in Western Asset High Income Opportunity Fund during the 4th quarter worth approximately $43,000. Geneos Wealth Management Inc. raised its stake in Western Asset High Income Opportunity Fund by 807.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 11,721 shares of the closed-end fund’s stock worth $47,000 after acquiring an additional 10,429 shares during the period. Finally, Citadel Advisors LLC purchased a new position in Western Asset High Income Opportunity Fund during the third quarter valued at approximately $47,000.

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.