Allspring Global Investments Holdings LLC Raises Position in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Allspring Global Investments Holdings LLC raised its position in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 10.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,095,947 shares of the closed-end fund’s stock after buying an additional 100,000 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Western Asset High Income Opportunity Fund were worth $4,230,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. XTX Topco Ltd acquired a new stake in shares of Western Asset High Income Opportunity Fund in the second quarter worth approximately $39,000. OLD National Bancorp IN purchased a new position in Western Asset High Income Opportunity Fund in the 3rd quarter valued at $39,000. Creative Planning acquired a new stake in Western Asset High Income Opportunity Fund during the 3rd quarter worth $39,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Western Asset High Income Opportunity Fund during the fourth quarter worth $42,000. Finally, MML Investors Services LLC acquired a new stake in shares of Western Asset High Income Opportunity Fund in the third quarter valued at about $46,000.

Western Asset High Income Opportunity Fund Price Performance

NYSE:HIO opened at $3.76 on Friday. Western Asset High Income Opportunity Fund Inc. has a twelve month low of $3.52 and a twelve month high of $4.03. The company’s 50-day moving average price is $3.91 and its 200-day moving average price is $3.84.

Western Asset High Income Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Tuesday, April 23rd will be paid a $0.0355 dividend. This represents a $0.43 dividend on an annualized basis and a yield of 11.33%. The ex-dividend date is Monday, April 22nd.

Western Asset High Income Opportunity Fund 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.