Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2017

NEW YORK--()--Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) today announced the financial position of the Fund as of June 30, 2017.

   

Current Q

      Previous Q     Prior Yr Q
June 30, 2017 March 31, 2017 June 30, 2016
Total Net Assets $ 727,726,179 $ 726,120,583 * $ 449,340,621
NAV Per Share of Common Stock (a) $ 5.63 $ 5.62 $ 5.37
Market Price Per Share $ 5.07 $ 5.04 $ 4.90
Premium / (Discount) (9.95)% (10.32)% (8.75)%
Outstanding Shares 129,232,211 129,232,211 * 83,688,580
 
Total Net Investment Income (b) $ 11,444,001 $ 10,680,893 $ 8,153,762
Total Net Realized/Unrealized Gain/(Loss) (b) $ 1,921,726 $ 9,355,239 $ 22,107,260
Net Increase (Decrease) in Net Assets From Operations (b) $ 13,365,727 $ 20,036,132 $ 30,261,022
 

Earnings per Common Share Outstanding

Total Net Investment Income (b) $ 0.09 $ 0.08 $ 0.10
Total Net Realized/Unrealized Gain/(Loss) (b) $ 0.01 $ 0.07 $ 0.26
Net Increase (Decrease) in Net Assets From Operations (b) $ 0.10 $ 0.15 $ 0.36
 
Undistributed/(Overdistributed) Net Investment Income (c) $ (5,090,809) $ (4,774,679) $ (882,874)
Undistributed/(Overdistributed) Net Investment Income
Per Share (c) $ (0.04) $ (0.04) $ (0.01)
Footnotes:
(a)NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(b)For the quarter indicated.
(c)As of the date indicated above.
* Includes 45,543,631 shares issued and $251,547,000 in net assets acquired by the Fund as result of the merger of Western Asset Managed High Income Fund Inc. with and into Western Asset High Income Opportunity Fund Inc. after the close of business on August 26, 2016.
 

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset High Income Opportunity Fund Inc., a diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.

Contacts

Legg Mason
Media
Maria Rosati, 212-805-6036
mrosati@leggmason.com

Contacts

Legg Mason
Media
Maria Rosati, 212-805-6036
mrosati@leggmason.com