Thrivent Financial for Lutherans Buys 6,000 Shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Thrivent Financial for Lutherans boosted its stake in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 1.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 531,334 shares of the closed-end fund’s stock after acquiring an additional 6,000 shares during the period. Thrivent Financial for Lutherans’ holdings in Western Asset High Income Opportunity Fund were worth $2,152,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of HIO. Allspring Global Investments Holdings LLC boosted its holdings in shares of Western Asset High Income Opportunity Fund by 65.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,815,381 shares of the closed-end fund’s stock worth $6,917,000 after buying an additional 719,434 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of Western Asset High Income Opportunity Fund by 170.4% during the 2nd quarter. Raymond James & Associates now owns 617,407 shares of the closed-end fund’s stock worth $2,352,000 after buying an additional 389,067 shares in the last quarter. Pathway Financial Advisers LLC bought a new position in shares of Western Asset High Income Opportunity Fund during the 1st quarter worth approximately $1,002,000. Capital Investment Advisors LLC boosted its holdings in shares of Western Asset High Income Opportunity Fund by 4.2% during the 3rd quarter. Capital Investment Advisors LLC now owns 3,410,702 shares of the closed-end fund’s stock worth $13,813,000 after buying an additional 136,419 shares in the last quarter. Finally, Melfa Wealth Management Inc. boosted its holdings in shares of Western Asset High Income Opportunity Fund by 316.6% during the 2nd quarter. Melfa Wealth Management Inc. now owns 78,950 shares of the closed-end fund’s stock worth $301,000 after buying an additional 60,000 shares in the last quarter.

Western Asset High Income Opportunity Fund Price Performance

Shares of NYSE:HIO opened at $3.95 on Thursday. Western Asset High Income Opportunity Fund Inc. has a twelve month low of $3.69 and a twelve month high of $4.07. The stock’s 50 day moving average is $3.99 and its 200-day moving average is $3.91.

Western Asset High Income Opportunity Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a $0.0355 dividend. This represents a $0.43 dividend on an annualized basis and a yield of 10.78%. The ex-dividend date is Monday, December 23rd.

Western Asset High Income Opportunity Fund Company Profile

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.