Western Asset High Yield Defined Opportunity Fund Inc. Announces Monthly Dividend of $0.10 (NYSE:HYI)

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) declared a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, January 23rd will be given a dividend of 0.095 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date is Friday, January 23rd.

Western Asset High Yield Defined Opportunity Fund Trading Down 1.3%

HYI traded down $0.15 during trading on Thursday, reaching $10.93. The company’s stock had a trading volume of 106,480 shares, compared to its average volume of 56,277. The firm has a fifty day simple moving average of $11.56 and a two-hundred day simple moving average of $11.77. Western Asset High Yield Defined Opportunity Fund has a 1 year low of $10.87 and a 1 year high of $12.28.

Institutional Trading of Western Asset High Yield Defined Opportunity Fund

Several large investors have recently added to or reduced their stakes in HYI. MRA Advisory Group raised its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 8.2% during the 3rd quarter. MRA Advisory Group now owns 12,558 shares of the company’s stock worth $147,000 after acquiring an additional 954 shares during the period. Jones Financial Companies Lllp raised its stake in Western Asset High Yield Defined Opportunity Fund by 10.4% during the third quarter. Jones Financial Companies Lllp now owns 15,288 shares of the company’s stock worth $179,000 after purchasing an additional 1,441 shares during the period. Steward Partners Investment Advisory LLC raised its stake in Western Asset High Yield Defined Opportunity Fund by 2.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 76,584 shares of the company’s stock worth $917,000 after purchasing an additional 1,825 shares during the period. Cetera Investment Advisers boosted its holdings in Western Asset High Yield Defined Opportunity Fund by 17.6% in the 1st quarter. Cetera Investment Advisers now owns 16,654 shares of the company’s stock valued at $197,000 after purchasing an additional 2,487 shares during the last quarter. Finally, Shaker Financial Services LLC grew its stake in shares of Western Asset High Yield Defined Opportunity Fund by 6.7% in the 3rd quarter. Shaker Financial Services LLC now owns 41,825 shares of the company’s stock valued at $493,000 after buying an additional 2,624 shares during the period.

About Western Asset High Yield Defined Opportunity Fund

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 Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.