Park Avenue Securities LLC increased its position in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Rating) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 241,290 shares of the closed-end fund's stock after buying an additional 5,641 shares during the quarter. Park Avenue Securities LLC's holdings in Western Asset High Income Opportunity Fund were worth $953,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the stock. Guggenheim Capital LLC increased its position 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 worth $8,330,000 after buying an additional 921,132 shares during the last quarter. City of London Investment Management Co. Ltd. bought a new stake in shares of Western Asset High Income Opportunity Fund in the 3rd quarter worth approximately $944,000. 1607 Capital Partners LLC lifted its position in Western Asset High Income Opportunity Fund by 23.8% in the 3rd quarter. 1607 Capital Partners LLC now owns 1,148,607 shares of the closed-end fund's stock valued at $4,227,000 after acquiring an additional 220,949 shares in the last quarter. Capital Investment Advisors LLC lifted its position in Western Asset High Income Opportunity Fund by 8.2% in the 4th quarter. Capital Investment Advisors LLC now owns 2,539,688 shares of the closed-end fund's stock valued at $10,032,000 after acquiring an additional 191,412 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Western Asset High Income Opportunity Fund by 69.8% during the 3rd quarter. Royal Bank of Canada now owns 369,251 shares of the closed-end fund's stock valued at $1,358,000 after buying an additional 151,759 shares during the period.
Get Western Asset High Income Opportunity Fund alerts:Western Asset High Income Opportunity Fund Price Performance
NYSE HIO opened at $3.83 on Friday. Western Asset High Income Opportunity Fund Inc. has a 1-year low of $3.60 and a 1-year high of $4.49. The business's fifty day moving average price is $3.95 and its 200-day moving average price is $3.90.
Western Asset High Income Opportunity Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, May 1st. Stockholders of record on Friday, April 21st will be paid a $0.03 dividend. The ex-dividend date of this dividend is Thursday, April 20th. This represents a $0.36 annualized dividend and a dividend yield of 9.40%.
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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