Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2024
NEW YORK--(BUSINESS WIRE)--February 18, 2025--
Western Asset High Income Opportunity Fund Inc. $(HIO)$ today announced the financial position of the Fund as of December 31, 2024.
Current Q Previous Q Prior Yr Q
December 31, September 30, December 31,
2024 2024 2023
Total Net Assets $389,684,290 $402,348,215 $409,551,878
NAV Per Share of Common Stock
(a) $ 4.10 $ 4.23 $ 4.31
Market Price Per Share $ 3.93 $ 4.05 $ 3.86
Premium / (Discount) (4.15)% (4.26)% (10.44)%
Outstanding Shares 95,099,215 95,099,215 95,099,215
Total Net Investment Income (b) $ 7,630,465 $ 7,558,595 $ 8,381,250
Total Net Realized/Unrealized
Gain/(Loss) (b) $(10,166,324) $ 13,850,789 $ 16,486,352
----------- ----------- -----------
Net Increase (Decrease) in Net
Assets From Operations (b) $ (2,535,859) $ 21,409,384 $ 24,867,602
=========== =========== ===========
Earnings per Common Share
Outstanding
--------------------------------
Total Net Investment Income (b) $ 0.08 $ 0.08 $ 0.09
Total Net Realized/Unrealized
Gain/(Loss) (b) $ (0.11) $ 0.15 $ 0.17
----------- ----------- -----------
Net Increase (Decrease) in Net
Assets From Operations (b) $ (0.03) $ 0.23 $ 0.26
=========== =========== ===========
Undistributed/(Overdistributed)
Net Investment Income (c) $ (6,060,441) $ (3,562,840) $ (5,208,212)
Undistributed/(Overdistributed)
Net Investment Income
Per Share (c) $ (0.06) $ (0.04) $ (0.05)
Footnotes:
(a) NAVs are calculated as of the close of business on the last business day
in the periods indicated above.
(b) For the quarter indicated.
(c) As of the date indicated above.
This financial data is unaudited.
The Fund files its semi-annual and annual reports with the Securities and Exchange Commission ("SEC"), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC's website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset High Income Opportunity Fund Inc., a diversified, closed-end management investment company, which is advised by Franklin Templeton Fund Adviser, LLC ("FTFA") and subadvised by Western Asset Management Company, LLC ("Western Asset"). FTFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. ("Franklin Resources").
For more information about the Fund, please call 1-888-777-0102 or consult the Fund's web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund's complete audited financial statements are available free of charge upon request.
Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.
Category: Financials
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218831943/en/
CONTACT:
Investor Contact: Fund Investor Services 1-888-777-0102
(END) Dow Jones Newswires
February 18, 2025 08:00 ET (13:00 GMT)