Western Asset High Income Opportunity Fund Inc (NYSE:HIO) Institutional Investor Positioning

Sentiment for Western Asset High Income Opportunity Fund Inc (NYSE:HIO)

Western Asset High Income Opportunity Fund Inc (NYSE:HIO) institutional sentiment decreased to 0.91 in Q2 2018. Its down -0.30, from 1.21 in 2018Q1. The ratio dropped, as 30 funds started new and increased stock positions, while 33 decreased and sold their stakes in Western Asset High Income Opportunity Fund Inc. The funds in our partner’s database now have: 40.91 million shares, up from 38.69 million shares in 2018Q1. Also, the number of funds holding Western Asset High Income Opportunity Fund Inc in their top 10 stock positions was flat from 3 to 3 for the same number . Sold All: 9 Reduced: 24 Increased: 17 New Position: 13.

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. The company has market cap of $582.84 million. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. It has a 24.38 P/E ratio. The fund invests in the fixed income markets of the United States.

It closed at $4.51 lastly. It is down 5.33% since December 8, 2017 and is downtrending. It has underperformed by 20.95% the S&P500.

Rivernorth Capital Management Llc holds 3.46% of its portfolio in Western Asset High Income Opportunity Fund Inc. for 9.11 million shares. Saba Capital Management L.P. owns 10.42 million shares or 3.13% of their US portfolio. Moreover, Fca Corp Tx has 1.8% invested in the company for 937,369 shares. The Georgia-based Capital Investment Advisors Llc has invested 0.27% in the stock. Vident Investment Advisory Llc, a Georgia-based fund reported 1.05 million shares.

More notable recent Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) news were published by: Cnbc.com which released: “9 brands come together under one roof in Brooklyn to test new retail shop – CNBC” on August 28, 2018, also Seekingalpha.com with their article: “Weekly Review: High-Yield CEFs – This Fund Seems Undervalued Relative To Peers – Seeking Alpha” published on September 26, 2018, Businesswire.com published: “Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October and November 2018 – Business Wire” on August 20, 2018. More interesting news about Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) were released by: Seekingalpha.com and their article: “Why I’m Selling My CEFL Position – Seeking Alpha” published on July 19, 2017 as well as Seekingalpha.com‘s news article titled: “Acadia Realty Trust (AKR) CEO Ken Bernstein on Q3 2018 – Earnings Call Transcript – Seeking Alpha” with publication date: October 25, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.