Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) to Issue Monthly Dividend of $0.04

Posted by Kyle Jackson on May 15th, 2026

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) declared a monthly dividend on Thursday, May 14th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.0355 per share by the closed-end fund on Friday, July 31st. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date is Friday, July 24th.

Western Asset High Income Opportunity Fund Stock Up 0.1%

NYSE:HIO opened at $3.63 on Friday. The company has a 50-day moving average price of $3.66 and a 200-day moving average price of $3.73. Western Asset High Income Opportunity Fund has a 12 month low of $3.52 and a 12 month high of $4.05.

Institutional Investors Weigh In On Western Asset High Income Opportunity Fund

Several hedge funds have recently made changes to their positions in HIO. Penserra Capital Management LLC raised its holdings in Western Asset High Income Opportunity Fund by 16.3% in the third quarter. Penserra Capital Management LLC now owns 1,429,226 shares of the closed-end fund’s stock worth $5,488,000 after purchasing an additional 200,675 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in Western Asset High Income Opportunity Fund during the third quarter valued at $1,019,000. Absolute Investment Advisers LLC bought a new stake in shares of Western Asset High Income Opportunity Fund during the 4th quarter valued at $1,225,000. Kanen Wealth Management LLC bought a new stake in shares of Western Asset High Income Opportunity Fund during the 1st quarter valued at $1,448,000. Finally, Rareview Capital LLC purchased a new stake in shares of Western Asset High Income Opportunity Fund in the 4th quarter worth about $2,279,000.

About Western Asset High Income Opportunity Fund

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Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.