Home Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2022
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Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of December 31, 2022

NEW YORK, February 15, 2023–Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) today announced the financial position of the Fund as of April 2014. The Fund’s net asset status was closed as of March 2014. Fund’s assets at the time of the closure were valued at $22.8 million, representing an increase of 6.1% year-over-year to $21.2 million, as of April 2014. This represents a 5% increase over the prior year’s $100 million valuation.

The Fund’s report also includes a preliminary estimate of the future net income that the Fund would earn.

On January 2, 2018, the Fund will purchase certain shares of the Vanguard Group Inc. in exchange for a security interest in said shares.

The Fund will close the following calendar quarter from May 30 through October 3, 2019. At the innocently-held Fund’s May 31, 2018, earnings announcement, it reported net income of $4.9 million for the quarter, with no revenue growth in any quarter.

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