HIO - Western Asset High Income Opportunity Fund Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
4.6800
0.0000 (0.00%)
As of 3:13PM EDT. Market open.
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Momentum

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close4.6800
Open4.6800
Bid4.6800 x 800
Ask4.6900 x 3000
Day's Range4.6700 - 4.7000
52 Week Range3.0000 - 5.2800
Volume591,035
Avg. Volume453,580
Market Cap594.482M
Beta (5Y Monthly)0.59
PE Ratio (TTM)N/A
EPS (TTM)-0.3400
Earnings DateFeb 14, 2020 - Feb 17, 2020
Forward Dividend & Yield0.39 (8.42%)
Ex-Dividend DateJul 23, 2020
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
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    • Business Wire

      CORRECTING and REPLACING Saba Capital Reaches Agreements with Three Western Asset Closed-End Funds

      Third paragraph, first sentence of release should read: Under the terms of the agreements, Western Asset Global High Income Fund Inc., Western Asset High Income Fund II Inc., and Western Asset High Income Opportunity Fund Inc. will commence cash tender offers for up to 50%, 35%, and 25%, respectively... (instead of Under the terms of the agreements, Western Asset Global High Income Fund Inc., Western Asset High Income Fund II Inc., and Western Asset High Income Opportunity Fund Inc. will commence cash tender offers for up to 50%, 35%, and 20%, respectively...).

    • Business Wire

      Western Asset High Income Opportunity Fund Inc. Announces Plan for Tender Offer

      Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) announced today that the Fund’s Board of Directors has authorized (subject to certain conditions) a cash tender offer for up to 25% of the Fund’s outstanding shares of common stock (the "Shares") at a price per Share equal to 99.5% of the Fund’s net asset value per Share as of the business day immediately following the expiration date of the tender offer. The commencement of the tender offer will be announced at a later date. The tender offer will not expire prior to November 13, 2020, or such later date as determined by the Fund’s board of directors. The Fund will repurchase Shares tendered and accepted in the tender offer in exchange for cash. In the event the tender offer is oversubscribed, Shares will be repurchased on a pro rata basis.

    • Business Wire

      Certain Closed-End Funds Postponement and Rescheduling of June 5, 2020 Special Meeting of Shareholders

      Each of the Funds listed above announced today that the Special Meeting of Shareholders (the "Meeting") originally scheduled for Friday, June 5, 2020 at 9:00 a.m. Eastern Time has been postponed to Monday, July 6, 2020 at 9:00 a.m. Eastern Time in order to solicit additional shareholder votes. As previously announced, in light of public health concerns regarding the coronavirus pandemic, the Meeting will be held in a virtual meeting format only. Each Meeting will be accessible solely by means of remote communication.

    • Business Wire

      Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Western Asset High Income Opportunity Fund Inc. Shareholders Vote to Approve New Agreements Between the Fund and its Investment Manager and Subadvisers

      Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) (the "Fund") today announced that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two of the leading independent proxy advisory firms, recommend that shareholders vote to approve the new agreements between the Fund and its investment manager and subadvisers.

    • Business Wire

      Closed-End Funds Advised by Legg Mason Partners Fund Advisor Announce Change of Location of Special Meeting of Shareholders Scheduled to Be Held on June 5, 2020

      Each of the Funds listed above announced today that, due to the public health impact of the coronavirus ("COVID-19") pandemic and to support the health and safety of its shareholders, the location of the Special Meeting of Shareholders (the "Meeting") of the Fund has been changed. As previously announced, each Fund’s Meeting will be held on Friday, June 5, 2020 at 9:00 a.m. Eastern Time. In light of public health concerns regarding COVID-19, the Meeting will be held in a virtual meeting format only. Each Meeting will be accessible solely by means of remote communication.

    • Business Wire

      Western Asset High Income Opportunity Fund Announces Results of 2020 Annual Meeting of Stockholders

      Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) (the "Fund") today announced that, based on certified voting results from the Fund’s 2020 Annual Meeting of Stockholders (the "Annual Meeting"), stockholders have voted to re-elect Robert D. Agdern, Carol L. Colman, CFA and Daniel P. Cronin to the Fund’s Board of Directors.

    • Business Wire

      Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote "FOR" Western Asset High Income Opportunity Fund’s Director Nominees

      Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) ("the Fund") today announced that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two of the leading independent proxy advisory firms, recommend that stockholders vote "FOR" the Fund’s highly-qualified director nominees – Robert D. Agdern, Carol L. Colman, CFA and Daniel P. Cronin – and "AGAINST" the Self-Tender Offer/Liquidation Proposal from Saba Capital Management, L.P. ("Saba Capital") by voting on the Proxy Card in connection with the Annual Meeting of Stockholders scheduled for 9:30 a.m. Eastern Time on March 20, 2020.

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