Western Asset High Income Opportunity Fund Inc. - Market Price (%)
Fixed Income
HIO Western Asset High Income Opportunity Fund Inc.
Popular Documents
Overview
Fund Facts
Fund description
Provides a portfolio of primarily high-yield corporate debt securities. Seeks high current income with capital appreciation as a secondary objective. Emphasizes team management and extensive credit research expertise to identify attractively priced securities.
- Fund Inception Date
- 11/16/1993
- Total Net Assets
As of 02/28/2026 (Updated Monthly) - $378.99 Million
- Dividend Frequency, if any
- Monthly
- Morningstar Category
5 - High Yield Bond
- Asset Class
- Fixed Income
Identifiers
- Ticker
- HIO
- NAV Symbol
- XHIOX
- CUSIP Code
- 95766K109
Average Annual Total Returns As of 01/31/2026
- 5.64%1 Year
- 8.38%3 Years
- 4.31%5 Years
- 7.03%10 Years
- 5.67%Since Inception
11/16/1993
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 02/28/2026 - Market Value % of Total (Updated Monthly)
Consumer Cyclical19.26% | |
Communications16.75% | |
Energy15.61% | |
Finance9.81% | |
Consumer Non-Cyclical8.69% |
Additional Fund Info
- Listing Exchange
- NYSE - XNYS
- Fiscal Year End
- September 30
- Benchmark
- Bloomberg U.S. Corporate High Yield - 2% Issuer Cap Index
- Lipper Classification
- High Yield Funds
- Investment Style
- Corporate Credit
Trading Characteristics
- Shares Outstanding
- 95,099,215
- Daily Volume
- 714,453
Manager
About the Team
Western Asset Management is one of the world's leading global fixed income managers. Founded in 1971, the firm is known for team management and proprietary research, supported by robust risk management and a long-term fundamental value approach.
Latest Insights
March 9, 2026
February 22, 2026
February 19, 2026
January 28, 2026
Performance
Calendar Year Returns
As of 01/31/2026
Western Asset High Income Opportunity Fund Inc. - NAV (%)
Bloomberg U.S. Corporate High Yield - 2% Issuer Cap Index (%)
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Returns based on Market Price or NAV, and assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price or NAV, respectively. Prior to January 1, 2012, returns based on NAV assume the reinvestment of all distributions at the Dividend Reinvestment Plan Price. Returns include the deduction of management fees, operating expenses and all other fund expenses, and do not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Returns for periods of less than one year are not annualized.
Portfolio
Positions
As of 02/28/2026 (Updated Monthly)
Number of Holdings
- Fund
- 327
Portfolio Statistics
As of 02/28/2026 (Updated Monthly)
Effective Duration 8
- Fund
- 3.24 Years
- Fund
- 7.40%
- Fund
- 7.04%
- Fund
- 6.39 Years
Sector Allocation
As of 02/28/2026 - Market Value % of Total (Updated Monthly)
| Sector | Fund |
|---|---|
Consumer Cyclical | 19.26% |
Communications | 16.75% |
Energy | 15.61% |
Finance | 9.81% |
Consumer Non-Cyclical | 8.69% |
Structured | 6.61% |
Technology | 5.67% |
Capital Goods | 5.39% |
Basic Industry | 3.13% |
Transportation | 3.10% |
Utility | 1.71% |
Emerging Markets Government | 1.40% |
Industrial Other | 1.16% |
Other | 0.45% |
Cash & Cash Equivalents | 1.26% |
Holdings
As of 02/28/2026 (Updated Monthly)
WA Premier Institutional Gover
SPRINT CAPITAL CORP 8.7500% Mat 03/15/2032
EL PASO CORPORATION 7.7500% Mat 01/15/2032
HCA INC 7.5000% Mat 11/15/2095
CARNIVAL PLC 1.0000% Mat 10/28/2029
CHARTER COMM OPT LLC/CAP 3.8500% Mat 04/01/2061
PETROBRAS INTL FIN CO 6.7500% Mat 01/27/2041
ECHOSTAR CORP 10.7500% Mat 11/30/2029
BAUSCH HEALTH COS INC 10.0000% Mat 04/15/2032
CONNECT FINCO SARL/CONNE 9.0000% Mat 09/15/2029
Portfolio holdings are based on total portfolio, and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. Any negative allocations or allocations in excess of 100% are primarily due to unsettled trade activities.
Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance.
Distributions & Tax
Federal ID Number 13-3735236
For information on tax years prior to 2008, please contact usThese amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Jan 24
Feb 21
Mar 24
Apr 23
May 22
Jun 23
Jul 24
Aug 22
Sep 23
Oct 24
Nov 20
Dec 23
Supplemental Tax Information
- Foreign Source Income
- —
- Foreign Source Qualified Dividends
- —
- Direct U.S. Government Obligations
- —
- Specified Private Activity Bond Interest
- —
- Dividends Received Deduction
- —
- Section 163(j)
- 88.80%
- Indiana Resident Taxable Income
- —
- Utah Resident Taxable Income
- —
Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
Pricing
Pricing History
As of 03/11/2026 (Updated Daily)
Daily Fund Prices
As of 03/11/2026
Share Prices
As of 03/11/2026
52-Week Range
- Highest NAV
- $4.12
- Lowest NAV
- $3.93
- Highest Market Price
- $4.09
- Lowest Market Price
- $3.55
Premium / Discount
As of 03/11/2026
- Avg. of Market Price vs. NAV at Close
- -7.05%
Press Releases
02/27/2026
02/23/2026
02/23/2026
01/30/2026
01/27/2026
12/31/2025
12/01/2025
11/20/2025
11/03/2025
10/01/2025
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Western Asset High Income Opportunity Fund Inc. | |||
| Flyer - Closed-End Funds Product Guide | |||
| Investment Highlights - Western Asset US High Yield Sector |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Western Asset High Income Opportunity Fund Inc | |||
| Semi-Annual Report - Western Asset High Income Opportunity Fund Inc | |||
| Policy and Procedures - Audit Committee Charter | |||
| Policy and Procedures - Compensation Committee Charter | |||
| Policy and Procedures - Nominating Committee Charter February 2024 | |||
| Nominating Committee Charter | |||
| Fiscal Q1 Holdings - Western Asset High Income Opportunity Fund Inc | |||
| Fiscal Q3 Holdings - Western Asset High Income Opportunity Fund Inc |
Risks
All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance.
Important Information
The Closed-End Funds are not sold or distributed by Franklin Distributors, LLC. (FD, LLC) or any Franklin Templeton affiliated companies. Unlike open-end funds, shares are not continually offered. Like other public companies, closed-end funds have a one-time initial public offering, and once their shares are first issued, are generally bought and sold through non-affiliated broker/dealers and trade on nationally recognized stock exchanges. Share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of exchange-traded closed-end funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value. Investment return, market price and net asset value will fluctuate with changes in market conditions. The Funds are subject to investment risks, including the possible loss of principal invested.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
You need Adobe Acrobat Reader to view and print PDF documents. Download a free version from Adobe's website.
Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
The Bloomberg U.S. Corporate High Yield - 2% Issuer Cap Index measures the performance of U.S. dollar-denominated, non-investment-grade, fixed-rate, taxable corporate bond market. The Index limits the maximum exposure to any one issuer to 2%.
Source: Bloomberg Indices.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.