Western Asset High Yield Dfnd Opp FI (HYI) Hits New 52-Week Low at $13.86

Shares of Western Asset High Yield Dfnd Opp FI (NYSE:HYI) reached a new 52-week low on Friday . The company traded as low as $13.86 and last traded at $13.90, with a volume of 2059 shares. The stock had previously closed at $13.99.

The firm also recently declared a monthly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Friday, November 23rd will be issued a dividend of $0.0885 per share. The ex-dividend date is Wednesday, November 21st. This represents a $1.06 dividend on an annualized basis and a dividend yield of 7.62%.

Several large investors have recently modified their holdings of the company. BB&T Securities LLC acquired a new position in shares of Western Asset High Yield Dfnd Opp FI during the second quarter worth $152,000. Doliver Capital Advisors LP lifted its holdings in shares of Western Asset High Yield Dfnd Opp FI by 134.5% during the third quarter. Doliver Capital Advisors LP now owns 25,081 shares of the company’s stock worth $365,000 after purchasing an additional 14,387 shares during the period. Capital Investment Advisors LLC lifted its holdings in shares of Western Asset High Yield Dfnd Opp FI by 8.5% during the third quarter. Capital Investment Advisors LLC now owns 277,177 shares of the company’s stock worth $4,033,000 after purchasing an additional 21,743 shares during the period. Uncommon Cents Investing LLC lifted its holdings in shares of Western Asset High Yield Dfnd Opp FI by 7.8% during the third quarter. Uncommon Cents Investing LLC now owns 312,335 shares of the company’s stock worth $4,544,000 after purchasing an additional 22,555 shares during the period. Finally, Shaker Financial Services LLC acquired a new position in shares of Western Asset High Yield Dfnd Opp FI during the second quarter worth $369,000.

About Western Asset High Yield Dfnd Opp FI (NYSE:HYI)

Western Asset High Yield Defined Opportunity Fund, Inc is a non-diversified, limited-term, closed-end management investment fund. It provides a non-leveraged high-yield corporate fixed income portfolio with a limited term structure. It seeks high income, with a capital appreciation as a secondary objective.

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