Western Asst High Incm Opprtnty Fnd Inc. (NYSE:HIO) major shareholder Saba Capital Management, L.P. bought 71,576 shares of the firm’s stock in a transaction dated Monday, April 22nd. The shares were acquired at an average price of $4.94 per share, for a total transaction of $353,585.44. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Monday, April 15th, Saba Capital Management, L.P. bought 11,816 shares of Western Asst High Incm Opprtnty Fnd stock. The shares were acquired at an average price of $4.94 per share, for a total transaction of $58,371.04.
  • On Thursday, April 4th, Saba Capital Management, L.P. bought 74,951 shares of Western Asst High Incm Opprtnty Fnd stock. The shares were acquired at an average price of $4.90 per share, for a total transaction of $367,259.90.
  • On Tuesday, April 2nd, Saba Capital Management, L.P. bought 40,289 shares of Western Asst High Incm Opprtnty Fnd stock. The shares were acquired at an average price of $4.86 per share, for a total transaction of $195,804.54.
  • On Tuesday, January 29th, Saba Capital Management, L.P. bought 23,985 shares of Western Asst High Incm Opprtnty Fnd stock. The shares were acquired at an average price of $4.70 per share, for a total transaction of $112,729.50.
  • On Friday, January 25th, Saba Capital Management, L.P. bought 236,025 shares of Western Asst High Incm Opprtnty Fnd stock. The shares were acquired at an average price of $4.63 per share, for a total transaction of $1,092,795.75.
  • On Wednesday, January 23rd, Saba Capital Management, L.P. bought 23,900 shares of Western Asst High Incm Opprtnty Fnd stock. The shares were acquired at an average price of $4.62 per share, for a total transaction of $110,418.00.

Shares of Western Asst High Incm Opprtnty Fnd stock opened at $4.95 on Wednesday. Western Asst High Incm Opprtnty Fnd Inc. has a twelve month low of $4.14 and a twelve month high of $4.99.

The firm also recently announced a monthly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 24th will be given a dividend of $0.029 per share. The ex-dividend date is Thursday, May 23rd. This represents a $0.35 annualized dividend and a dividend yield of 7.03%.

Several institutional investors have recently modified their holdings of the company. Capital Investment Advisors LLC grew its stake in Western Asst High Incm Opprtnty Fnd by 8.8% during the first quarter. Capital Investment Advisors LLC now owns 1,104,482 shares of the closed-end fund’s stock worth $5,335,000 after buying an additional 88,950 shares in the last quarter. Karpus Management Inc. acquired a new stake in Western Asst High Incm Opprtnty Fnd during the fourth quarter worth about $727,000. Sentinel Trust Co. LBA acquired a new stake in Western Asst High Incm Opprtnty Fnd during the fourth quarter worth about $96,000. Thrivent Financial for Lutherans grew its stake in Western Asst High Incm Opprtnty Fnd by 1.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 321,210 shares of the closed-end fund’s stock worth $1,407,000 after buying an additional 5,385 shares in the last quarter. Finally, Mackay Shields LLC acquired a new stake in Western Asst High Incm Opprtnty Fnd during the fourth quarter worth about $44,000.

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Western Asst High Incm Opprtnty Fnd Company Profile

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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Insider Buying and Selling by Quarter for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)

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