Allspring Global Investments Holdings LLC Sells 1,056,356 Shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Allspring Global Investments Holdings LLC lowered its stake in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 95.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 52,319 shares of the closed-end fund’s stock after selling 1,056,356 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Western Asset High Income Opportunity Fund were worth $206,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the company. Capital Investment Advisors LLC raised its position in Western Asset High Income Opportunity Fund by 3.1% in the fourth quarter. Capital Investment Advisors LLC now owns 3,516,137 shares of the closed-end fund’s stock worth $13,818,000 after purchasing an additional 105,435 shares in the last quarter. Pathstone Holdings LLC boosted its holdings in Western Asset High Income Opportunity Fund by 32.2% in the third quarter. Pathstone Holdings LLC now owns 2,965,491 shares of the closed-end fund’s stock valued at $12,011,000 after acquiring an additional 722,483 shares during the last quarter. Penserra Capital Management LLC bought a new stake in shares of Western Asset High Income Opportunity Fund during the third quarter worth approximately $4,858,000. Chicago Partners Investment Group LLC lifted its stake in shares of Western Asset High Income Opportunity Fund by 8.1% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 551,872 shares of the closed-end fund’s stock valued at $2,196,000 after purchasing an additional 41,420 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in shares of Western Asset High Income Opportunity Fund by 1.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 531,334 shares of the closed-end fund’s stock worth $2,152,000 after buying an additional 6,000 shares during the period.

Western Asset High Income Opportunity Fund Trading Down 0.1 %

HIO opened at $3.99 on Wednesday. The firm’s fifty day moving average is $3.96 and its two-hundred day moving average is $3.97. Western Asset High Income Opportunity Fund Inc. has a twelve month low of $3.69 and a twelve month high of $4.07.

Western Asset High Income Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be paid a dividend of $0.0355 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.43 dividend on an annualized basis and a yield of 10.69%.

Western Asset High Income Opportunity Fund 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.