NYSE:HYI

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Western Asset High Yield Defined Opportunity Fund

Executive Summary

Western Asset High Yield Defined Opportunity Fund Inc. More Details


Snowflake Analysis

Share Price & News

How has Western Asset High Yield Defined Opportunity Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HYI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: HYI's weekly volatility (1%) has been stable over the past year.


Market Performance


7 Day Return

0.9%

HYI

-2.6%

US Capital Markets

-3.6%

US Market


1 Year Return

-2.5%

HYI

38.2%

US Capital Markets

36.5%

US Market

Return vs Industry: HYI underperformed the US Capital Markets industry which returned 38.1% over the past year.

Return vs Market: HYI underperformed the US Market which returned 36.4% over the past year.


Shareholder returns

HYIIndustryMarket
7 Day0.9%-2.6%-3.6%
30 Day2.6%8.2%2.7%
90 Day1.2%16.2%7.5%
1 Year5.7%-2.5%41.5%38.2%39.5%36.5%
3 Year30.5%4.1%39.5%29.2%53.5%43.6%
5 Year64.7%11.5%140.6%110.9%117.5%93.2%

Long-Term Price Volatility Vs. Market

How volatile is Western Asset High Yield Defined Opportunity Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Western Asset High Yield Defined Opportunity Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Western Asset High Yield Defined Opportunity Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Western Asset High Yield Defined Opportunity Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Western Asset High Yield Defined Opportunity Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.8%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Western Asset High Yield Defined Opportunity Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Western Asset High Yield Defined Opportunity Fund performed over the past 5 years?

14.7%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Western Asset High Yield Defined Opportunity Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Western Asset High Yield Defined Opportunity Fund's financial position?


In this section we usually analyse Western Asset High Yield Defined Opportunity Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Western Asset High Yield Defined Opportunity Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Western Asset High Yield Defined Opportunity Fund current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HYI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HYI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HYI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HYI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HYI's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

11.1yrs

Average board tenure


CEO

Ken Fuller (62 yo)

7.67yrs

Tenure

Mr. Kenneth Donald Fuller, also known as Ken, has been Chief Executive Officer and President of Western Asset High Income Opportunity Fund Inc. and LMP Corporate Loan Fund Inc. since June 1, 2013. Mr. Full...


Board Members

NamePositionTenureCompensationOwnership
Kenneth Fuller
Chairman7.67yrsno datano data
William Hutchinson
Lead Independent Director6.75yrsUS$9.31kno data
Paolo Cucchi
Director11.08yrsUS$7.81kno data
Eileen Kamerick
Director8yrsUS$8.18kno data
Carol Colman
Director11.08yrsUS$8.67kno data
Leslie Gelb
Director11.08yrsUS$7.81kno data
Daniel Cronin
Director11.08yrsUS$8.67kno data
Riordan Roett
Director11.08yrsUS$7.81kno data

11.1yrs

Average Tenure

76yo

Average Age

Experienced Board: HYI's board of directors are seasoned and experienced ( 11.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Western Asset High Yield Defined Opportunity Fund Inc.'s company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Western Asset High Yield Defined Opportunity Fund Inc.
  • 620 Eighth Avenue
  • 49th Floor
  • New York
  • New York
  • 10018
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HYINYSE (New York Stock Exchange)YesCOMUSUSDOct 2010

Biography

Western Asset High Yield Defined Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Mana...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 00:36
End of Day Share Price2021/02/26 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.