Jackson Hole Capital Partners LLC Invests $54,000 in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Jackson Hole Capital Partners LLC acquired a new position in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 13,700 shares of the closed-end fund’s stock, valued at approximately $54,000.

Several other hedge funds also recently made changes to their positions in HIO. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Western Asset High Income Opportunity Fund by 13.7% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 42,757 shares of the closed-end fund’s stock worth $168,000 after acquiring an additional 5,137 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Western Asset High Income Opportunity Fund in the fourth quarter worth approximately $2,759,000. Jones Financial Companies Lllp increased its position in shares of Western Asset High Income Opportunity Fund by 49.1% in the fourth quarter. Jones Financial Companies Lllp now owns 168,876 shares of the closed-end fund’s stock worth $664,000 after acquiring an additional 55,634 shares in the last quarter. Corps Capital Advisors LLC purchased a new position in shares of Western Asset High Income Opportunity Fund in the fourth quarter worth approximately $98,000. Finally, Atria Wealth Solutions Inc. increased its position in shares of Western Asset High Income Opportunity Fund by 3.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 106,700 shares of the closed-end fund’s stock worth $419,000 after acquiring an additional 3,584 shares in the last quarter.

Western Asset High Income Opportunity Fund Price Performance

Western Asset High Income Opportunity Fund stock opened at $4.13 on Monday. The firm’s 50 day simple moving average is $3.98 and its 200-day simple moving average is $3.98. Western Asset High Income Opportunity Fund Inc. has a fifty-two week low of $3.69 and a fifty-two week high of $4.15.

Western Asset High Income Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be given a $0.0355 dividend. This represents a $0.43 annualized dividend and a dividend yield of 10.33%. The ex-dividend date is Monday, March 24th.

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.