US · HIO
Western Asset High Income Opportunity Fund Inc.
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- New York City, NY 10017
Price · as of 2024-09-30
$3.69
Market cap 356.62M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $27.28 | +639.3% |
| Intrinsic Value(DCF) | $1.39 | -62.33% |
| Graham-Dodd Method(GD) | $6.76 | +83.12% |
| Graham Formula(GF) | $2.56 | -30.6% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | |||||
| 2011 | |||||
| 2012 | $2.08 | ||||
| 2013 | $2.08 | $26.46 | $1.37 | $9.05 | $2.32 |
| 2014 | $2.06 | $26.26 | $0.60 | $8.26 | $4.50 |
| 2015 | $1.81 | $26.11 | $0.62 | $3.38 | $0.00 |
| 2016 | $2.24 | $26.71 | $1.83 | $7.31 | $2.46 |
| 2017 | $2.42 | $34.42 | $0.00 | $8.03 | $32.12 |
| 2018 | $2.33 | $33.34 | $3.63 | $6.27 | $0.00 |
| 2019 | $2.75 | $46.08 | $0.00 | $7.41 | $83.18 |
| 2020 | $3.01 | $31.33 | $2.58 | $5.99 | $0.00 |
| 2021 | $3.28 | $45.84 | $0.00 | $7.66 | $104.39 |
| 2022 | $2.80 | $32.30 | $0.67 | $0.00 | $52.38 |
| 2023 | $2.97 | $45.14 | $0.00 | $5.71 | $40.15 |
| 2024 | $3.47 | $27.28 | $0.00 | $6.76 | $2.56 |
AI valuation
Our deep-learning model estimates Western Asset High Income Opportunity Fund Inc.'s (HIO) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $27.28
- Current price
- $3.69
- AI upside
- +639.3%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$1.39
-62.33% upside
Graham-Dodd
$6.76
+83.12% upside
Graham Formula
$2.56
-30.6% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| HIO | Western Asset High Income… | $3.69 | 356.62M | +639% | -62% | +83% | -31% | 6.87 | 0.82 | 9.14 | — | 9.81 | 0.82 | 100.00% | 89.76% | 132.98% | 12.05% | 8.14% | 11.89% | 0.00 | 579141.30 | 31.46 | 31.42 | — | 7000.00% | -317.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.01% | 10.17 | — | 9.13 | 47.55 |
| BGT | BlackRock Floating Rate I… | $11.03 | 297.79M | +184% | -50% | — | — | 11.40 | 0.89 | 9.32 | 13.85 | — | 0.89 | 83.00% | 81.75% | 81.75% | 8.23% | 6.52% | 6.33% | 0.19 | 4.81 | 0.55 | 0.55 | 2.45 | -3657.00% | -2222.00% | 4275.00% | 10.31% | 2.11 | 7.67% | 11.39% | 129.80% | 24.13% | 13.85 | 11.78 | 11.32 | 2.36 |
| HIX | Western Asset High Income… | $4.17 | 375.59M | +697% | +21% | — | +336% | 10.95 | 0.92 | 8.08 | 16.86 | 120.40 | 0.92 | 74.84% | 73.78% | 73.78% | 8.18% | 5.58% | 5.39% | 0.50 | 2.93 | 2.19 | 2.19 | 5.91 | 909.00% | 4460.00% | -13897.00% | 13.54% | 5.97 | 8.26% | 15.00% | 164.10% | 15.00% | 16.86 | 11.37 | 12.44 | 0.66 |
| HPF | John Hancock Preferred In… | $16.15 | 349.17M | +90% | +41% | -93% | -46% | 11.84 | 1.01 | 9.11 | — | — | 1.01 | 100.00% | 88.23% | 76.90% | 8.55% | 6.13% | 5.32% | 0.60 | — | 5.31 | 4.43 | — | -4087.00% | -187.00% | -929.00% | 8.78% | 25.22 | 5.55% | 8.91% | 105.60% | 8.91% | 16.45 | 18.14 | 14.51 | 1.08 |
| HYI | Western Asset High Yield … | $11.16 | 252.96M | +741% | +24% | -5% | — | -28.82 | 0.76 | 32.07 | -29.75 | — | 0.76 | 61.51% | -110.05% | -111.26% | -2.47% | -2.47% | -2.45% | 0.00 | -8629.77 | 2.77 | 3.50 | 0.12 | -7217.00% | -12535.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.20% | -28.80 | — | 31.69 | 57.50 |
| NCZ | Virtus Convertible & Inco… | $14.72 | 280.11M | +955% | +95% | -19% | +2,510% | 4.01 | 0.49 | 4.30 | 4.07 | 0.12 | 0.49 | 41.34% | 127.61% | 121.08% | 12.65% | 14.40% | 10.87% | 0.13 | 19.55 | 5.21 | 6.28 | 0.81 | 324247.00% | 13712.00% | -7216.00% | 13.47% | 5.61 | 6.53% | 14.72% | 59.00% | 14.72% | 3.86 | 8.52 | 4.93 | 1.91 |
| PPT | Putnam Premier Income Tru… | $3.65 | 348.82M | +684% | +6,662% | +40% | — | 13.54 | 0.93 | 13.14 | 13.44 | — | 0.93 | 100.00% | 97.07% | 97.07% | 6.84% | 6.86% | 4.99% | 0.00 | 39346.76 | 0.18 | 0.18 | -0.10 | -2121.00% | -2127.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.72% | 13.44 | — | 13.04 | 1.25 |
| XFLT | XAI Octagon Floating Rate… | $3.35 | 255.12M | +777% | +100% | — | — | 33.81 | 0.75 | 10.29 | 53.47 | — | 0.75 | 60.17% | 30.43% | 30.43% | 2.19% | 1.44% | 1.28% | 0.45 | 0.76 | 0.81 | 0.78 | 19.67 | -8713.00% | -4371.00% | -12336.00% | 12.72% | 1.65 | 6.19% | 19.66% | 664.50% | 19.66% | 53.47 | 12.43 | 16.27 | 0.57 |
About Western Asset High Income Opportunity Fund Inc.
Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.
- CEO
- Kenneth Donald Fuller
- Employees
- 0
- Beta
- 0.55
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($1.39 ÷ $3.69) − 1 = -62.33% (DCF, example).