Welcome to our dedicated page for Western Asset High Income Opp SEC filings (Ticker: HIO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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The Fund describes its primary objective as seeking high current income and secondary objective of capital appreciation, its investment focus on high-yield corporate debt and preferred stocks (at least
Western Asset High Income Opportunity Fund Inc. will hold its annual stockholder meeting on April 17, 2026 at 10:00 a.m. in New York. Holders of the 95,099,215 outstanding common shares as of February 6, 2026 are entitled to vote.
Stockholders are asked to elect three Class I directors, each to serve until the 2029 annual meeting, and to ratify PricewaterhouseCoopers LLP as independent registered public accountants for the fiscal year ending September 30, 2026. Unless otherwise directed, returned proxies will be voted for all three nominees and for PwC’s ratification.
The Board is majority independent, uses four standing committees, and has adopted the Maryland Control Share Acquisition Act, which can limit voting rights for large holders unless other stockholders restore them. PwC billed audit fees of $53,065 and tax fees of $10,000 for the fiscal year ended September 30, 2025.
Western Asset High Income Opportunity Fund Inc. (HIO) reports a total return of 7.05% based on net asset value (NAV) and 5.53% based on its NYSE market price for the year ended September 30, 2025, versus 7.41% for its benchmark, the Bloomberg U.S. Corporate High Yield – 2% Issuer Cap Index. The Fund focuses on high current income by investing at least 80% of net assets in high-yield bonds and up to 20% in equity-like securities, using an actively managed, credit-intensive approach.
During the year, HIO distributed $0.43 per share, of which $0.10 is classified as return of capital for tax purposes. NAV declined from $4.23 to $4.08, while the market price ended at $3.84, implying a discount to NAV. Net assets were about $388 million, with major sector exposures in consumer discretionary (16.9%), energy (16.7%), communication services (16.3%), industrials (11.6%) and financials (9.1%).
Management added high-yield corporates in basic industry, energy and transportation, modestly increased CLOs and bank loans, and reduced emerging markets exposure. Credit quality was concentrated around investment-grade, BB and single-B securities, and duration ran longer than the benchmark. Currency forwards and credit default swaps contributed positively, while some liability-management issuers and select emerging market sovereign and local positions detracted.
Initial Form 3 filed for WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. (HIO): The filing lists Jeffrey Masom at 100 International Drive, Baltimore, MD as a reporting person with the role of Officer (Director-Subadviser). The event date is 04/29/2025. Table entries state no securities are beneficially owned by the reporting person. The form is signed by a power of attorney on behalf of Mr. Masom on 08/28/2025.
Insider transaction summary: On 14-Jul-2025, director Peter Daniel Charles Mason filed a Form 4 disclosing the open-market purchase of 10,000 shares of Western Asset High Income Opportunity Fund Inc. (HIO) common stock at an average price of $4.0183 per share. The transaction increases his direct beneficial ownership to 10,000 shares. No sales or derivative positions were reported.
The filing represents a modest insider buy (≈ $40,000 in total value) and does not reference any accompanying corporate events or material non-public information. While insider purchases can be viewed as a vote of confidence, the dollar amount is relatively small and therefore unlikely to have a material impact on the fund’s valuation or liquidity.