Western Asset High Income Opportunity Fund Inc.

Western Asset High Income Opportunity Fund Inc.verified

HIO

Price:

$4.035

Market Cap:

$383.73M

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. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income O...[Read more]

Industry

Asset Management - Income

IPO Date

1993-11-16

Stock Exchange

NYSE

Ticker

HIO

The ROE as of September 2024 (TTM) for Western Asset High Income Opportunity Fund Inc. (HIO) is 12.68%

According to Western Asset High Income Opportunity Fund Inc.’s latest financial reports and current stock price. The company's current ROE is 12.68%. This represents a change of 301.43% compared to the average of 3.16% of the last 4 quarters.

Western Asset High Income Opportunity Fund Inc. (HIO) Historical ROE (quarterly & annually)

How has HIO ROE performed in the past?

The mean historical ROE of Western Asset High Income Opportunity Fund Inc. over the last ten years is 2.26%. The current 12.68% ROE has changed 460.68% with respect to the historical average. Over the past ten years (40 quarters), HIO's ROE was at its highest in in the September 2020 quarter at 14.06%. The ROE was at its lowest in in the March 2020 quarter at -12.64%.

Quarterly (TTM)
Annual

Average

2.26%

Median

6.25%

Minimum

-20.49%

Maximum

10.89%

Western Asset High Income Opportunity Fund Inc. (HIO) ROE by Quarter and Year

Discovering the peaks and valleys of Western Asset High Income Opportunity Fund Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 301.01%

Maximum Annual ROE = 10.89%

Minimum Annual Increase = -288.11%

Minimum Annual ROE = -20.49%

Quarterly (TTM)
Annual
YearROEChange
20237.12%-134.74%
2022-20.49%-288.11%
202110.89%301.01%
20202.72%-61.01%
20196.97%229.16%
20182.12%-74.87%
20178.43%32.91%
20166.34%-182.97%
2015-7.64%-223.91%
20146.17%-27.14%

Western Asset High Income Opportunity Fund Inc. (HIO) Average ROE

How has HIO ROE performed in the past?

The current ROE of Western Asset High Income Opportunity Fund Inc. (HIO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-0.83%

5-year avg

1.44%

10-year avg

2.26%

Western Asset High Income Opportunity Fund Inc. (HIO) ROE vs. Peers

How is HIO’s ROE compared to its peers?

Western Asset High Income Opportunity Fund Inc.’s ROE is less than Western Asset Global Corporate Defined Opportunity Fund Inc. (4.94%), less than Western Asset Global High Income Fund Inc. (17.73%), less than The European Equity Fund, Inc. (22.63%), less than John Hancock Investments - John Hancock Tax-Advantaged Global Shareholder Yield Fund (3.86%), less than Western Asset High Income Fund II Inc. (48.66%), less than Western Asset High Yield Defined Opportunity Fund Inc. (16.52%), less than BlackRock Debt Strategies Fund, Inc. (25.42%), less than Western Asset Diversified Income Fund (15.92%), less than BNY Mellon High Yield Strategies Fund (19.15%), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (28.66%), less than Virtus Convertible & Income Fund II (2.20%), less than Invesco Bond Fund (12.61%), less than Voya Global Equity Dividend and Premium Opportunity Fund (9.86%), less than Western Asset Investment Grade Income Fund Inc. (5.94%), less than Special Opportunities Fund, Inc. (11.86%), less than Eaton Vance Risk-Managed Diversified Equity Income Fund (18.34%), less than Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (24.00%), less than BlackRock MuniVest Fund, Inc. (4.18%), less than Neuberger Berman MLP and Energy Income Fund Inc. (25.25%),

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