Western Asset High Income Opportunity Fund Inc. (HIO) To Go Ex-Dividend on October 21st

Western Asset High Income Opportunity Fund Inc. (NYSE:HIOGet Rating) announced a monthly dividend on Thursday, August 4th, Wall Street Journal reports. Stockholders of record on Monday, October 24th will be paid a dividend of 0.03 per share by the closed-end fund on Tuesday, November 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.53%. The ex-dividend date of this dividend is Friday, October 21st.

Western Asset High Income Opportunity Fund Stock Down 1.2 %

NYSE:HIO opened at $4.22 on Friday. Western Asset High Income Opportunity Fund has a one year low of $3.79 and a one year high of $5.43. The firm’s fifty day moving average is $4.04 and its two-hundred day moving average is $4.31.

Institutional Investors Weigh In On Western Asset High Income Opportunity Fund

Several hedge funds have recently added to or reduced their stakes in HIO. Guggenheim Capital LLC boosted its holdings in Western Asset High Income Opportunity Fund by 97.8% in the first quarter. Guggenheim Capital LLC now owns 1,863,438 shares of the closed-end fund’s stock valued at $8,330,000 after purchasing an additional 921,132 shares during the last quarter. Saba Capital Management L.P. purchased a new stake in Western Asset High Income Opportunity Fund in the first quarter valued at $671,000. Robinson Capital Management LLC boosted its holdings in Western Asset High Income Opportunity Fund by 83.5% in the first quarter. Robinson Capital Management LLC now owns 198,818 shares of the closed-end fund’s stock valued at $903,000 after purchasing an additional 90,479 shares during the last quarter. Centaurus Financial Inc. purchased a new stake in shares of Western Asset High Income Opportunity Fund during the 1st quarter worth about $324,000. Finally, Bank of America Corp DE boosted its stake in shares of Western Asset High Income Opportunity Fund by 6.7% during the 1st quarter. Bank of America Corp DE now owns 1,142,409 shares of the closed-end fund’s stock worth $5,107,000 after acquiring an additional 71,492 shares in the last quarter.

About Western Asset High Income Opportunity Fund

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Western Asset High Income Opportunity Fund Inc is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States.

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Dividend History for Western Asset High Income Opportunity Fund (NYSE:HIO)

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