Western Asst High Incm Opprtnty Fnd (NYSE:HIO) Receives Daily News Impact Rating of 0.32

News coverage about Western Asst High Incm Opprtnty Fnd (NYSE:HIO) has trended positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Western Asst High Incm Opprtnty Fnd earned a news impact score of 0.32 on Accern’s scale. Accern also assigned media coverage about the closed-end fund an impact score of 46.5861260305513 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of NYSE:HIO remained flat at $$4.81 during midday trading on Friday. The company had a trading volume of 178,362 shares, compared to its average volume of 387,498. Western Asst High Incm Opprtnty Fnd has a twelve month low of $4.76 and a twelve month high of $5.25.

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The firm also recently declared a monthly dividend, which was paid on Monday, April 2nd. Shareholders of record on Friday, March 23rd were given a dividend of $0.0265 per share. This represents a $0.32 dividend on an annualized basis and a yield of 6.61%. The ex-dividend date was Thursday, March 22nd.

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About Western Asst High Incm Opprtnty Fnd

Western Asset High Income Opportunity Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income. Capital appreciation is a secondary objective. It invests, under normal market conditions, approximately 80% of its net assets in high-yield securities and over 20% in common stock equivalents, including options, warrants and rights.

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