NYSE | 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.
It seeks to invest in high-yielding corporate debt obligations.
The fund seeks to maintain an average duration of around four years with an average credit quality of B.
It benchmarks the performance of its portfolio against the Barclays CapitalU. S.
Corporate High Yield 2% Issuer Cap Index.
The fund was formerly known as High Income Opportunity Fund.
Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.
Top 20 Holdings
| Name | Weight |
|---|---|
| HCA Inc. 7.5% | 1.65% |
| Delta Air Lines Inc 7% | 1.54% |
| Energy Transfer LP 7.125% | 1.51% |
| Mexico (United Mexican States) 5.75% | 1.45% |
| CSC Holdings, LLC 5.75% | 1.43% |
| Global Aircraft Leasing Co Ltd 6.5% | 1.35% |
| Credit Suisse Group AG 7.25% | 1.26% |
| Citigroup Inc. 6.3% | 1.24% |
| Stonemor Incorporation 8.5% | 1.20% |
| Bausch Health Companies Inc 6.125% | 1.15% |
| Occidental Petroleum Corporation 5.875% | 1.13% |
| Petrobras Global Finance B.V. 6.75% | 1.13% |
| Corecivic Inc 8.25% | 1.11% |
| Directv Financing LLC/Directv Financing Co-Obligor Inc. 5.875% | 1.07% |
| Intesa Sanpaolo S.p.A. 5.71% | 1.03% |
| Royal Caribbean Group 5.375% | 0.99% |
| Freeport-McMoRan Inc. 5.45% | 0.94% |
| American Axle & Manufacturing, Inc. 6.5% | 0.93% |
| Mexican Bonos | N/A% |
| Western Midstream Operating LP | N/A% |