Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Shares Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC lifted its stake in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIOGet Rating) by 35.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,679 shares of the closed-end fund’s stock after purchasing an additional 17,679 shares during the period. Lazard Asset Management LLC’s holdings in Western Asset High Income Opportunity Fund were worth $351,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Citigroup Inc. lifted its holdings in Western Asset High Income Opportunity Fund by 150.5% in the third quarter. Citigroup Inc. now owns 7,203 shares of the closed-end fund’s stock valued at $37,000 after acquiring an additional 4,327 shares during the last quarter. Quad Cities Investment Group LLC acquired a new position in Western Asset High Income Opportunity Fund in the fourth quarter valued at approximately $56,000. Steward Partners Investment Advisory LLC lifted its holdings in Western Asset High Income Opportunity Fund by 184.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,042 shares of the closed-end fund’s stock valued at $57,000 after acquiring an additional 7,162 shares during the last quarter. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new position in Western Asset High Income Opportunity Fund in the fourth quarter valued at approximately $58,000. Finally, Reuter James Wealth Management LLC acquired a new position in Western Asset High Income Opportunity Fund during the fourth quarter worth $80,000.

NYSE:HIO opened at $4.04 on Friday. The stock’s fifty day moving average is $4.36 and its two-hundred day moving average is $4.75. Western Asset High Income Opportunity Fund Inc. has a 52 week low of $4.02 and a 52 week high of $5.43.

The company also recently declared a monthly dividend, which will be paid on Wednesday, June 1st. Shareholders of record on Monday, May 23rd will be paid a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a yield of 8.91%. The ex-dividend date is Friday, May 20th.

About Western Asset High Income Opportunity Fund (Get Rating)

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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Institutional Ownership by Quarter for Western Asset High Income Opportunity Fund (NYSE:HIO)

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