Welcome to our dedicated page for Western Asset High Yield Opp Fund SEC filings (Ticker: HYI), 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.
The SEC filings page for Western Asset High Yield Opportunity Fund Inc. (NYSE: HYI) provides access to the fund’s official regulatory documents as filed with the U.S. Securities and Exchange Commission. As a registered, non-diversified closed-end management investment company organized in Maryland, HYI reports detailed information about its governance, operations, and stockholder matters through these filings.
Among the key documents available are proxy statements filed on Schedule 14A. For example, a definitive proxy statement describes the notice and agenda for the fund’s Annual Meeting of Stockholders, including proposals to elect Class II Directors to the Board of Directors and to ratify the selection of PricewaterhouseCoopers LLP as independent registered public accountants for a specified fiscal year. These filings explain record dates, voting procedures, quorum requirements, and how proxies are solicited and counted.
Proxy materials also outline the fund’s structure as a registered investment company, its status as a Maryland corporation, and the roles of Franklin Templeton Fund Adviser, LLC as investment adviser and administrator, and Western Asset Management Company, LLC and related affiliates as subadvisers. They provide information on the fund’s common stock, including voting rights, outstanding shares as of a record date, and how stockholders can obtain annual and semi-annual reports.
Through this page, users can review HYI’s filed proxy statements and related materials to understand board elections, auditor ratifications, and other matters presented to stockholders. Filings also reference where additional reports can be obtained and how stockholders sharing an address may receive fund documents. By examining these SEC documents, investors can see how HYI complies with disclosure requirements for closed-end funds and how formal decisions affecting the fund are presented to and approved by stockholders.
First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation filed an amended Schedule 13G reporting beneficial ownership of 1,428,890 common shares of Western Asset High Yield Opportunity Fund Inc. (HYI), representing 11.15% of the fund’s outstanding common stock as of the event date of 12/31/2025.
The filing shows no sole voting or dispositive power over these shares, with shared dispositive power over 1,428,890 shares and no voting power. The positions are primarily held in unit investment trusts and other investment vehicles sponsored or advised by the First Trust entities, and each reporting person disclaims beneficial ownership. The securities are stated to be held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation filed Amendment No. 2 to Schedule 13G reporting beneficial ownership in Western Asset High Yield Opportunity Fund Inc. (HYI) common stock (CUSIP 95768B107).
The filing reports 1,637,538 shares beneficially owned, representing 12.78% of the class, with an event date of 09/30/2025. The reporting persons disclose no sole or shared voting power (0) and shared dispositive power over 1,637,538 shares.
Holdings are primarily in unit investment trusts sponsored by First Trust; the trustee votes those shares to mirror outside holders, and no individual UIT holds more than 3% of any registered investment company’s shares. The parties state the securities were acquired and are held in the ordinary course, and they disclaim beneficial ownership beyond what is reported.
Sit Investment Associates, Inc. filed a Schedule 13G/A reporting its position in Western Asset High Yield Defined Opportunity Fund Inc. The filing states that Sit Investment Associates has 0 shares and therefore 0% beneficial ownership of the issuer's common stock. The firm explains these securities are held by client accounts for which it provides investment advisory services and, pursuant to Rule 13d-4, disclaims beneficial ownership. No ownership above the 5% reporting threshold is indicated and the filing lists the reporting person as an investment adviser organized in Minnesota.
Western Asset High Yield Opportunity Fund Inc. (HYI) presents a definitive proxy packet that includes director nominations, governance committee assignments, director biographies, compensation disclosures and voting instructions. Shareholders are asked to elect three Class II directors—Nisha Kumar, Jane E. Trust and Hillary A. Sale—to serve until the 2028 annual meeting and to ratify PricewaterhouseCoopers LLP as the fund's independent registered public accountants for the fiscal year ending May 31, 2026. The filing lists directors' committee roles, tenure start dates (examples include service since 2010, 2013, 2015, 2019 and 2024) and outside directorships or professional roles such as professors, corporate officers and directors of other funds and public companies.
The document discloses aggregate director compensation figures for fiscal year ended 05/31/25 and total compensation from the fund and fund complex for calendar year ended 12/31/24 for multiple individuals (examples include $14,820 and $466,000; $15,030 and $371,000; $7,994 and $366,000; $16,503 and $506,000; $15,661 and $486,000). It also contains procedural voting information, proxy contact details and mailing instructions. The filing is administrative and governance-focused without financial statement results or forward-looking commentary.
Jeffrey Masom submitted an Initial Statement on Form 3 for Western Asset High Yield Opportunity Fund Inc. (HYI) reporting the event date 04/29/2025. The filing identifies Mr. Masom as a Director - Subadviser and indicates the form was filed by one reporting person. The Form 3 discloses no securities are beneficially owned by the reporting person at the time of the filing.
Amendment No. 1 to Schedule 13G filed 08/07/2025 shows that First Trust Portfolios L.P., First Trust Advisors L.P. and parent The Charger Corporation jointly report beneficial ownership of 1,882,076 common shares of Western Asset High Yield Defined Opportunity Fund Inc. (CUSIP 95768B107), equal to 14.69 % of the outstanding class as of the 07/31/2025 event date.
The group holds no sole or shared voting power and no sole dispositive power; the entire stake is subject to shared dispositive power only and is held through unit investment trusts sponsored by First Trust Portfolios. Voting rights rest with the trustee so that trust votes mirror those of outside shareholders. The filers certify the position was acquired in the ordinary course and not to influence control.
Entity classifications: First Trust Portfolios (broker-dealer), First Trust Advisors (investment adviser) and The Charger Corporation (holding company/general partner). Each filer disclaims beneficial ownership beyond the reported amount.
Western Asset High Yield Defined Opportunity Fund Inc. (HYI) filed its final amendment to Schedule TO reporting the outcome of its issuer tender offer.
The Fund offered to buy back up to 100 % of outstanding common shares at 100 % of net asset value (NAV). Key results:
- Expiration: 21-Jul-2025, 5:00 p.m. ET
- Shares tendered: 9,852,972
- Purchase price: $12.09 per share (NAV on 21-Jul-2025)
Total cash paid is roughly $119 million (9.85 M × $12.09). All other terms of the Offer to Purchase remain unchanged.
The transaction lets participating holders exit at NAV, eliminating any market-price discount. For remaining investors, the reduced share count may lift per-share metrics but also shrinks assets under management and could dampen liquidity.
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