Welcome to our dedicated page for Western Asset High Income Opp news (Ticker: HIO), a resource for investors and traders seeking the latest updates and insights on Western Asset High Income Opp stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Western Asset High Income Opp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Western Asset High Income Opp's position in the market.
Western Asset High Income Opportunity Fund (NYSE: HIO) announced an update to the portfolio management team effective January 27, 2026. The named managers responsible for day-to-day oversight are Michael Buchanan, Walter Kilcullen, Christopher Kilpatrick, John Hwang, and Ryan Kohan. The release notes that data and commentary are informational, Franklin Resources and affiliates do not sell Fund shares, and hard copies of audited financial statements are available free on request. The Fund's shares trade on the New York Stock Exchange and may fluctuate with market conditions; closed-end fund shares can trade at a discount to net asset value and entail risk of loss.
Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) has reported its financial position for the quarter ending June 30, 2025. The Fund's total net assets stood at $386.4 million, slightly up from $384.4 million in the previous quarter but down from $391.1 million year-over-year.
The Fund's Net Asset Value (NAV) per share was $4.06, with a market price of $3.98, trading at a discount of 1.97%. Total net investment income for the quarter was $7.46 million, with earnings per share of $0.08. The Fund reported a net realized/unrealized gain of $4.61 million, resulting in a total net increase in assets from operations of $12.08 million.
Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) held its annual meeting of stockholders on April 14, 2025, announcing key leadership changes and audit appointments. Eileen A. Kamerick and Nisha Kumar were elected as Class III Directors, with terms extending until the 2028 annual meeting.
Stockholders also ratified PricewaterhouseCoopers LLP as the Fund's independent registered public accountants for the fiscal year ending September 30, 2025. The Fund operates as a diversified closed-end management investment company, managed by Franklin Templeton Fund Adviser, (FTFA) and subadvised by Western Asset Management Company, (WAMCo) and its foreign affiliates. Both FTFA and WAMCo are indirect wholly-owned subsidiaries of Franklin Resources Inc., operating under the Franklin Templeton brand.
Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) has released its financial position as of December 31, 2024. The fund reported total net assets of $389,684,290, showing a decrease from both the previous quarter ($402,348,215) and prior year ($409,551,878). The NAV per share stood at $4.10, down from $4.23 in the previous quarter and $4.31 year-over-year.
The fund's market price per share was $3.93, trading at a discount of 4.15% to NAV. Total net investment income for the quarter was $7,630,465, while experiencing a net realized/unrealized loss of $10,166,324, resulting in a net decrease in assets from operations of $2,535,859. The fund maintained 95,099,215 outstanding shares throughout the periods compared.
Earnings per share showed a total net investment income of $0.08 and a net realized/unrealized loss of $0.11, leading to a decrease of $0.03 in net assets from operations per share.
Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) has released its financial position as of June 30, 2024. The fund's total net assets stood at $391,066,898, with a NAV per share of $4.11 and a market price per share of $3.81. The fund reported a discount of 7.30% and had 95,099,215 outstanding shares. For the quarter, total net investment income was $8,206,363, while total net realized/unrealized loss was $7,241,783, resulting in a net increase in assets from operations of $964,580.
The fund's earnings per common share for the quarter were $0.01, with $0.09 from net investment income and -$0.08 from net realized/unrealized loss. The fund also reported an overdistributed net investment income of $8,972,333 or $0.09 per share. Franklin Templeton Fund Adviser, advises the fund, with Western Asset Management Company, as the subadvisor.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Western Asset High Income Opp (HIO)?
What is the market cap of Western Asset High Income Opp (HIO)?
