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
Company Overview
NYSE
Kenneth Donald Fuller
Asset Management
Financial Services
HYI
N/A
US
USD
800-822-5544
95768B107
0001497186
Liquidity Metrics
0.00
3.57
3.57
0.15
0.00
Sales & Valuation
$22.36M
12.86
1.23
0.00
0.00
Profitability
$0.96
$21.82M
75.66%
75.66%
6.68%
9.11%
P/E Metrics
14.08
0.04
0.04
Analyst Price Target & Rating
3/5
0 Analysts
%
Poll Results
About Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Stock
The Western Asset High Yield Defined Opportunity Fund Inc. functions as a closed-end investment vehicle, concentrating its portfolio on fixed-income assets. Its inception and primary oversight are managed by Legg Mason Partners Fund Advisor, LLC. Additionally, a collective of entities including Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd, and Western Asset Management Company Limited contribute to its co-management. The fund strategically allocates capital across global fixed-income markets, with a particular focus on high-yielding corporate debt instruments. These securities often possess diverse maturity profiles and are typically categorized as below investment grade. Established on July 20, 2010, the fund is legally ... based in the United States.
HYI: Improved Valuation, But Still Likely To Struggle
2026-06-18 03:49:55
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.
CEF Market Weekly Review: The Key Factors Driving NII
2026-05-04 09:42:32
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.
Western Asset High Yield Opportunity Fund Inc. Announces Financial Position as of February 28, 2026
2026-04-22 08:00:00
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Frequently Asked Questions
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What is the current Western Asset High Yield Defined Opportunity Fund Inc. (HYI) stock price?
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Western Asset High Yield Defined Opportunity Fund Inc.(NYSE:HYI) stock price is $10.56 in the last trading session. During the trading session, HYI stock reached the peak price of $12.13 while $10.44 was the lowest point it dropped to. The percentage change in HYI stock occurred in the recent session was --0.28% while the dollar amount for the price change in HYI stock was -$0.03.
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HYI's industry and sector of operation?
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The NYSE listed HYI is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of HYI?
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Keith J. Gardner | Co-Head of Emerging Markets Debt and Portfolio Manager
Kenneth Donald Fuller | Chairman, Chief Executive Officer and President
Michael C. Buchanan | Head of Global Credit and Portfolio Manager
Stephen Kenneth Leech | Chief Investment Officer and Portfolio Manager
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How many employees does HYI have?
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Number of HYI employees currently stands at None. HYI operates from One Madison Avenue, New York City, NY 10017, US.
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Link for HYI official website?
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How do I contact HYI?
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HYI could be contacted at phone #800-822-5544 and can also be accessed through its website. HYI operates from One Madison Avenue, New York City, NY 10017, US.
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How many shares of HYI are traded daily?
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The average number of HYI shares traded daily for last 3 months was 68.01K.
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What is the market cap of HYI currently?
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The market value of HYI currently stands at $239.36M with its latest stock price at $10.56