Western Asset High Income Opportunity Fund Inc. (HIO) Stock Analysis

Company Overview

The record here covers Western Asset High Income Opportunity Fund Inc., ticker HIO. The company sits in the Financial Services sector, in the Asset Management industry.

HIO last closed at $3.46 on September 4, 2026. That is −$0.01 (−0.29%) against the previous close. Over the past 52 weeks the price has ranged from $3.46 to $4.05.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $26.66M. That is −45.15% against the prior fiscal year, when revenue was $48.61M. Net income for the same year was $26.16M. That is −45.55% against the prior fiscal year. The reported profit margin is 84.13%. That is 60 percentage points above the Asset Management median of 24.09%. Trailing earnings per share are 0.3.

Across the 4 fiscal years on file, revenue moves from −$81.63M in 2022 to $26.66M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 11.53. That is 11.51% above the Asset Management median of 10.34. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.51. Annualized volatility over the trailing 10 years is 15.96%. The trailing one-year price return is −2.32%. Across 10 years the annualized return works out at +4.99%.

Growth & Income

HIO pays a dividend yielding 12.28%. That is 4.2 percentage points above the Asset Management median yield of 8.11%. The indicated annual rate is $0.43 a share. The ex-dividend date on file is September 23, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.29 a share. The year before, 2025, totalled $0.43 a share.

Across the complete calendar years on file, 2019 returned +24.29% and 2022 returned −17.09%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the price is −0.09%.