Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its holdings in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 10.0% during the fourth 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.

Other institutional investors and hedge funds also recently modified their holdings of the company. Morgan Stanley boosted its position in shares of Western Asset High Income Opportunity Fund by 16.7% in the fourth quarter. Morgan Stanley now owns 5,236,285 shares of the closed-end fund’s stock worth $20,683,000 after acquiring an additional 750,319 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in shares of Western Asset High Income Opportunity Fund by 0.9% in the 4th quarter. Capital Investment Advisors LLC now owns 3,063,534 shares of the closed-end fund’s stock valued at $11,825,000 after purchasing an additional 28,041 shares during the last quarter. Guggenheim Capital LLC grew its stake in shares of Western Asset High Income Opportunity Fund by 97.8% during the 1st quarter. Guggenheim Capital LLC now owns 1,863,438 shares of the closed-end fund’s stock valued at $8,330,000 after buying an additional 921,132 shares during the period. Bank of America Corp DE increased its holdings in shares of Western Asset High Income Opportunity Fund by 6.7% during the 1st quarter. Bank of America Corp DE now owns 1,142,409 shares of the closed-end fund’s stock worth $5,107,000 after buying an additional 71,492 shares during the last quarter. Finally, FCA Corp TX raised its position in shares of Western Asset High Income Opportunity Fund by 3.4% in the 3rd quarter. FCA Corp TX now owns 985,723 shares of the closed-end fund’s stock worth $3,588,000 after buying an additional 32,674 shares during the period.

Western Asset High Income Opportunity Fund Stock Performance

Shares of Western Asset High Income Opportunity Fund stock opened at $3.76 on Friday. The business’s fifty day moving average price is $3.91 and its 200 day moving average price is $3.84. Western Asset High Income Opportunity Fund Inc. has a twelve month low of $3.52 and a twelve month high of $4.03.

Western Asset High Income Opportunity Fund Announces Dividend

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

About Western Asset High Income Opportunity Fund

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.