Is Western Asset High Yield Defined Opportunity Fund Inc. (HYI) a Buy, Sell, or Hold?
NYSE : HYI
Western Asset High Yield Defined Opportunity Fund Inc.
$10.56 USD
-$0.03 (-0.28%)
- Volume
- 29.77K
- Average Volume
- 68.01K
- Market Capitalization
- $239.36M
- P/E Ratio
- 14.08
- Dividend Yield
- 10.79%
- Price Target
- Year High
- $12.13
- Year Low
- $10.44
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $3.57
| Source | Headline |
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HYI: Improved Valuation, But Still Likely To Struggle
The Western Asset High Yield Opportunity Fund offers a compelling 10.71% yield but faces sustainability concerns due to a steadily declining net asset value. HYI invests primarily in diversified high-yield (junk) bonds, limiting single-issuer risk, but is exposed to sector-wide default and interest rate risks. The fund's distributions exceed net investment income and realized gains, relying on unrealized gains, which may be unsustainable for a perpetual closed-end structure. seekingalpha.com - 2026-06-18 03:49:55 |
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CEF Market Weekly Review: The Key Factors Driving NII
We review the CEF market valuation and performance through the fourth week of April and highlight recent market action. CEF markets faced renewed risk aversion, with sector discounts widening to historical averages and MLPs and Convertibles led to the upside. Western Asset CEFs' NII remained largely stable; key drivers include short-term rate direction, liability management, and overdistribution. seekingalpha.com - 2026-05-04 09:42:32 |
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Western Asset High Yield Opportunity Fund Inc. Announces Financial Position as of February 28, 2026
NEW YORK--(BUSINESS WIRE)--Category: Financials. businesswire.com - 2026-04-22 08:00:00 |
