Calamos Advisors LLC Takes Position in Western Asset High Income Opportunity Fund Inc. $HIO

Calamos Advisors LLC bought a new stake in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 144,295 shares of the closed-end fund’s stock, valued at approximately $535,000.

Several other institutional investors have also recently added to or reduced their stakes in HIO. Kanen Wealth Management LLC acquired a new stake in Western Asset High Income Opportunity Fund in the 1st quarter valued at approximately $1,448,000. Jane Street Group LLC acquired a new stake in Western Asset High Income Opportunity Fund in the 1st quarter valued at approximately $139,000. Geneos Wealth Management Inc. increased its holdings in Western Asset High Income Opportunity Fund by 807.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 11,721 shares of the closed-end fund’s stock valued at $47,000 after purchasing an additional 10,429 shares during the last quarter. Cetera Investment Advisers increased its holdings in Western Asset High Income Opportunity Fund by 8.2% in the 2nd quarter. Cetera Investment Advisers now owns 77,992 shares of the closed-end fund’s stock valued at $310,000 after purchasing an additional 5,937 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Western Asset High Income Opportunity Fund by 1.0% in the 2nd quarter. Invesco Ltd. now owns 1,006,497 shares of the closed-end fund’s stock valued at $4,006,000 after purchasing an additional 10,194 shares during the last quarter.

Western Asset High Income Opportunity Fund Trading Down 0.1%

Western Asset High Income Opportunity Fund stock opened at $3.67 on Tuesday. Western Asset High Income Opportunity Fund Inc. has a fifty-two week low of $3.52 and a fifty-two week high of $4.05. The firm has a 50 day moving average price of $3.69 and a 200 day moving average price of $3.74.

Western Asset High Income Opportunity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be issued a $0.0355 dividend. This represents a c) annualized dividend and a yield of 11.6%. The ex-dividend date is Thursday, May 21st.

About Western Asset High Income Opportunity Fund

Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.