Western Asset High Income Opportunity Fund logo

Western Asset High Income Opportunity Fund(NYSE) HIO

Market Cap$329.04MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1993)+489%
5 Year+7%
1 Year-2%
1 Month-2%
$3.45
-0.29%
-0.01Today
After hours$3.45+$0.00 (+0.00%)
Western Asset High Income Opportunity Fund last closing stock price
MetricPriceDate
Last closeUSD 3.452026-09-08
Western Asset High Income Opportunity Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.15%USD 3.492026-09-01
1 month-2.38%USD 3.532026-08-07
3 month-0.98%USD 3.482026-06-10
Year to date+0.54%USD 3.432025-12-31
1 year-2.25%USD 3.532025-09-08
3 year+27.57%USD 2.702023-09-08
5 year+7.21%USD 3.222021-09-09
Since inception+488.72%USD 0.591993-11-16

Western Asset High Income Opportunity Fund Financials at a Glance

Market Cap

$329.04MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$54.89M

Net Income (TTM)

$51.22M

EPS (TTM)

$0.29

P/E Ratio

11.89

Dividend

$0.43

Beta (Volatility)

0.41 (Low)

Price

$3.45

Volume

516,056.767

Open

$3.46

Previous Close

$3.45

Daily Range

$3.45 - $3.48

52-Week Range

$3.45 - $4.05

Estimated Earnings Date

May 27, 2026

HIO News

No articles available.

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About Western Asset High Income Opportunity Fund

Western Asset High Income Opportunity Fund Inc. is a closed-end fixed-income mutual fund managed by Legg Mason Partners Fund Advisor, LLC. The fund primarily invests in high-yield corporate debt obligations within the U.S. fixed income markets, aiming for an average duration of around four years.

Products and Services
  • Invests in high-yield corporate debt obligations
  • Focuses on fixed-income markets in the U.S.
  • Managed by experienced investment professionals
Growth Outlook
  • Recent quarterly revenue reached $10.7 million, indicating strong performance
  • Trailing twelve months (TTM) revenue of $18.1 million shows consistent growth
  • Dividend yield of 12.07% reflects attractive income potential for investors
Financial Highlights
  • Net income for the latest quarter was $3.87 million
  • Operating income margin stands at 36.17%, showcasing operational efficiency
  • Cash and short-term investments total $4.17 million, ensuring liquidity
Western Asset High Income Opportunity Fund Inc. offers a compelling investment opportunity for those interested in high-yield fixed-income securities. The fund's strategic focus on corporate debt, combined with its experienced management team, positions it well for potential growth. Recent financial performance highlights, including a significant net income and a robust operating income margin, underscore the fund's operational strength. Additionally, the attractive dividend yield may appeal to income-focused investors. Overall, the fund's commitment to maintaining a balanced portfolio in the high-yield sector could provide a valuable addition to an investment strategy.
AI Generated • Aug 21, 2026

Industry

Capital Markets

CEO

Jane Elizabeth Trust, CFA

Headquarters

New York, NY 10010, US

HIO Financials

Key Financial Metrics (TTM)

Gross Margin

89.05%

Operating Margin

95.78%

Net Income Margin

95.89%

Return on Equity

7.29%

Return on Capital

6.74%

Return on Assets

7.34%

Earnings Yield

8.41%

Dividend Yield

12.31%

Payout Ratio

0.00%

Stock Overview

Market Cap

$329.04MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

95.10M

Volume

516.06K

Avg. Volume

344.90K

Financials (TTM)

Gross Profit

$51.73M

Operating Income

$50.97M

EBITDA

$50.96M

Operating Cash Flow

$0.00

Capital Expenditure

$0.00

Free Cash Flow

$0.00

Cash & ST Invst.

$4.17M

Total Debt

$0.00

Western Asset High Income Opportunity Fund Performance Analysis

Western Asset High Income Opportunity Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-09-30USD 16,122,323-67.3%
20232023-09-30USD -2,395,807N/A
20242024-09-30USD 31,002,668N/A
20252025-09-30USD 38,941,47025.6%
Western Asset High Income Opportunity Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-09-30-5.2%
Q22025-03-31-51.9%
Q42025-09-30114.7%
Q22026-03-31-41.0%
Western Asset High Income Opportunity Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-09-30USD -0.87N/A
20232023-09-30USD 0.30N/A
20242024-09-30USD 0.5170.9%
20252025-09-30USD 0.28-45.5%
Western Asset High Income Opportunity Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-09-30-11.1%
Q22025-03-31-94.8%
Q42025-09-301916.1%
Q22026-03-31-83.8%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$10.71M

-42.3%

Gross Profit

$9.15M

-50.7%

Gross Margin

85.41%

N/A

Market Cap

$329.04MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

$3.87M

-84.9%

EBITDA

$3.87M

-76.8%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$4.17M

+544.7%

Total Debt

$0.00

N/A

Accounts Receivable

$6.30M

-36.4%

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$0.00

N/A

Return on Assets

7.34%

N/A

Return on Invested Capital

7.43%

N/A

Free Cash Flow

$0.00

N/A

Operating Cash Flow

$0.00

N/A

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Questions About HIO

What is the current price of Western Asset High Income Opportunity Fund?

Western Asset High Income Opportunity Fund is trading at $3.45 per share.

What is the 52-week range for Western Asset High Income Opportunity Fund?

Over the past 52 weeks, Western Asset High Income Opportunity Fund has traded between $3.45 and $4.05.

How much debt does Western Asset High Income Opportunity Fund have?

As of the most recent reporting period, Western Asset High Income Opportunity Fund reported total debt of $0.00.

How much cash does Western Asset High Income Opportunity Fund have on hand?

Western Asset High Income Opportunity Fund reported $281.43K in cash and cash equivalents in its most recent financial results.

What is Western Asset High Income Opportunity Fund’s dividend yield?

Western Asset High Income Opportunity Fund currently has a dividend yield of 12.31%.

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