Western Asset High Yield Opportunity Fund Inc. (HYI)
The Western Asset High Yield Defined Opportunity Fund Inc. functions as a closed-end investment vehicle, concentrating its portfolio on fixed-income assets. Its inception and primary oversight are managed by Legg Mason Partners Fund Advisor, LLC. Additionally, a collective of entities including Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd, and Western Asset Management Company Limited contribute to its co-management. The fund strategically allocates capital across global fixed-income markets, with a particular focus on high-yielding corporate debt instruments. These securities often possess diverse maturity profiles and are typically categorized as below investment grade. Established on July 20, 2010, the fund is legally based in the United States.
Industry: Asset Management
Western Asset High Yield Defined Opportunity Fund Inc.
NYSE:HYIFinancial Services · Asset Management
-1.35%$9.52
AH Close$9.52+0.00%vs close
AH Close$9.52+0.00%vs close
Mkt Cap$121.99M
Float12.81M
O/S12.81M
Inst Own30.1%
SI0.5%
Div Yield11.97%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$11.47M
Net Income$14.27M
Total Assets$151.13M
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$148.86M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HYI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$151.13M
Liabilities$2.27M
Accounts Receivable$0
Accounts Payable$2M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 |
| Revenue | $11.47M | $22.36M | $24.01M | $6.48M | -$25.58M | $51.99M | -$4.25M | $21.24M | $8.82M | $22.64M | -$841K | $10.87M | $35.27M |
| YoY Growth | -48.7% | -6.9% | 270.2% | -125.3% | -149.2% | -1322.4% | -120.0% | 140.9% | -61.0% | -2792.4% | -107.7% | -69.2% | - |
| Cost of Revenue | $1.42M | $2.38M | $103 | $2.5M | $2.93M | $3M | $2.95M | $2.88M | $3.06M | $2.43M | $2.89M | $3.31M | $3.76M |
| Gross Profit | $10.05M | $22.36M | $24.01M | $3.99M | -$28.52M | $48.99M | -$7.2M | $18.36M | $5.76M | $20.21M | -$3.73M | $7.56M | $31.51M |
| Gross Margin | 87.6% | 100.0% | 100.0% | 61.5% | 111.5% | 94.2% | 169.4% | 86.4% | 65.4% | 89.3% | 443.5% | 69.6% | 89.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2 | $0 |
| Selling, General, and Administrative | $536K | $471K | $354K | $297K | $311K | $357K | $338K | $306K | $321K | $150K | $190K | -$2 | $170K |
| Other | -$4.74M | $70K | $75K | $137K | $208K | $148K | $2K | $22K | $130K | $20K | $10K | $22.78M | $20K |
| Total Operating Expenses | -$4.2M | $541K | $429K | $434K | $519K | $505K | $340K | $328K | $451K | $170K | $200K | $170K | $190K |
| Operating Income (EBIT) | $14.27M | $21.82M | $23.58M | -$7.14M | -$26.1M | $51.48M | -$4.59M | $20.91M | $8.37M | $20.04M | $17.82M | $29.65M | $31.33M |
| Operating Margin | 124.4% | 97.6% | 98.2% | -110.1% | 102.0% | 99.0% | 108.0% | 98.5% | 94.9% | 88.5% | -2119.3% | 272.8% | 88.8% |
| Interest Expense | $0 | $0 | $103 | $827 | $235 | $1K | $886 | $242 | $901 | $12.16M | $0 | $0 | $10.08M |
| Interest Income | $15.4M | $24.08M | $26.74M | $26.87M | $24.99M | $25.62M | $28.73M | $28.87M | $28.31M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $19K | $70K | -$24K | -$78K | -$235 | -$1K | $0 | -$309K | -$330K | $12.16M | $753K | -$54.62M | -$862K |
| Income Before Tax (EBT) | $14.27M | $21.82M | $23.58M | -$7.22M | -$26.1M | $51.48M | -$4.59M | $20.91M | $8.37M | $32.2M | $18.57M | -$24.97M | $41.41M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | -$4.47M | -$161K | -$53K | $0 | $0 | $179.22M | $0 |
| Net Income | $14.27M | $21.82M | $23.58M | -$7.22M | -$26.1M | $51.48M | -$4.59M | $20.91M | $8.37M | $32.2M | $18.57M | -$29.56M | $41.41M |
| Net Income Margin | 124.4% | 97.6% | 98.2% | -111.3% | 102.0% | 99.0% | 108.0% | 98.5% | 94.9% | 142.2% | -2208.9% | -271.9% | 117.4% |
| Supplementary Data | |||||||||||||
| EPS | 0.80 | 0.96 | 1.04 | -0.32 | -1.15 | 2.27 | -0.20 | 0.92 | 0.37 | 1.41 | 0.82 | -1.30 | 1.82 |
| Diluted EPS | 0.80 | 0.96 | 1.04 | -0.32 | -1.15 | 2.27 | -0.20 | 0.92 | 0.37 | 1.41 | 0.82 | -1.30 | 1.82 |
| Weighted Average OS | 17.83M | 22.66M | 22.66M | 22.66M | 22.66M | 22.65M | 22.65M | 22.75M | 22.61M | 22.78M | 22.78M | 22.78M | 22.78M |
| EBITDA | $14.27M | $21.82M | $23.6M | -$6.91M | -$26.1M | $51.48M | -$4.59M | $20.91M | $8.37M | $44.36M | $17.82M | -$29.56M | $51.49M |
| EBITDA Margin | 124.4% | 97.6% | 98.3% | -106.5% | 102.0% | 99.0% | 108.0% | 98.5% | 94.9% | 195.9% | -2119.3% | -271.9% | 146.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $324K | $221K | $655K | $855K | $1.07M | $816K | $651K | $105K | $479K | $300K | -$2.38M | $2.86M | $1.3M |
| Short-Term Investments | $0 | $0 | $2.54M | $1.55M | $2.74M | $0 | $0 | $0 | $0 | $0 | $2.38M | $1.11M | $0 |
| Cash and Short-Term Investments | $324K | $221K | $3.2M | $2.41M | $3.81M | $816K | $651K | $105K | $479K | $300K | $2.38M | $3.97M | $1.3M |
| Accounts Receivable | $0 | $4.62M | $6.95M | $5.08M | $6.36M | $7.95M | $9.3M | $8.42M | $13.04M | $2.8M | $7.54M | $9.7M | $1.1M |
| Inventory | $0 | $0 | $0 | $7.49M | $10.17M | $10.05M | $12.39M | $12.41M | $17.19M | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$9.58M | -$2.54M | -$7.49M | -$10.17M | -$8.77M | -$9.95M | -$12.41M | -$17.19M | $0 | -$9.93M | -$13.67M | $0 |
| Total Current Assets | $432K | $4.85M | $7.61M | $5.94M | $6.81M | $8.77M | $9.95M | $8.53M | $13.52M | $3.1M | $0 | $3.8M | $2.4M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $27K | $7K | $101K | $271.97M | $305.04M | $360.14M | $331.19M | $362.09M | $364.93M | $383.5M | $369.1M | $374.3M | $427.9M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $150.67M | $268.98M | $276.18M | $276.8M | $310.76M | $0 | $0 | -$362.09M | -$364.93M | -$383.5M | -$369.1M | -$374.3M | -$427.9M |
| Total Long-Term Assets | $150.7M | $268.99M | $276.28M | $271.97M | $305.04M | $360.14M | $331.19M | $362.09M | $364.93M | $383.5M | $0 | $374.3M | $427.9M |
| Other Assets | $0 | $0 | $283.9M | $136 | $305K | -$807K | $11K | $11K | $11K | $6.9M | $377.3M | $10.03M | $12.5M |
| Total Assets | $151.13M | $273.84M | $283.9M | $277.91M | $312.16M | $368.1M | $341.16M | $370.63M | $378.46M | $393.5M | $377.3M | $388.13M | $442.8M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $2M | $4.12M | $10.2M | $2.14M | $3.38M | $7.2M | $6.58M | $5.39M | $9.47M | $5.3M | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $452K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $3K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $6.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | -$196K | $0 | $0 | -$7.91M | -$228K | -$5.64M | -$9.73M | -$5.3M | -$800K | $0 | $0 |
| Total Current Liabilities | $2.08M | $4.12M | $10.2M | $2.14M | $3.38M | $7.2M | $6.58M | $5.39M | $9.47M | $7.6M | $2.1M | $1.3M | $1.1M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $193K | $463K | $499K | $345K | $447K | $910K | $0 | $0 | $0 | $0 | $2.31M | $200K | $0 |
| Total Long-Term Liabilities | $193K | $463K | $499K | $345K | $447K | $910K | $6.97M | $5.72M | $9.83M | $0 | $2.31M | $200K | $0 |
| Other Liabilities | $0 | $0 | $0 | -$2.49M | -$2.93M | -$6.75M | -$6.58M | -$5.39M | -$9.47M | $7.7M | -$2.1M | $148K | $1.3M |
| Total Liabilities | $2.27M | $4.58M | $10.7M | $2.14M | $3.83M | $8.11M | $6.97M | $5.72M | $9.83M | $7.7M | $2.31M | $1.65M | $1.3M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6K | $0 |
| Common Stock | $13K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $23K | $0 | $23K | $23K | $0 |
| Retained Earnings | -$140.41M | -$142.39M | -$142.14M | -$143.15M | -$111.68M | -$63.31M | -$93.37M | -$65.47M | -$2.25M | -$63.5M | $640K | $2.47M | -$9.1M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9M | $18.4M | -$56.48M | -$46.82M | $19.8M |
| Other Stockholders' Equity | $289.26M | $411.63M | $415.32M | $418.55M | $419.99M | $423.27M | $427.54M | $430.36M | $370.86M | $449.3M | $374.32M | $383.99M | $450.6M |
| Total Equity | $148.86M | $269.26M | $273.2M | $275.42M | $308.33M | $359.98M | $334.19M | $364.91M | $368.63M | $385.8M | $374.98M | $386.48M | $441.5M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $151.13M | $273.84M | $283.9M | $277.56M | $312.16M | $368.1M | $341.16M | $370.63M | $378.46M | $393.5M | $377.3M | $388.13M | $442.8M |
| Supplementary Data | |||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $452K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$324K | -$221K | -$655K | -$855K | -$447K | -$364K | -$651K | -$105K | -$479K | -$300K | $2.38M | -$2.86M | -$1.3M |
Cash Flow Statement
| Period | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
| Operating Activities | |||||
| Net Income | -$7.22M | -$26.1M | $51.48M | -$4.59M | $20.91M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $7.22M | $26.1M | -$51.48M | $4.59M | -$20.91M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | |||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||
| Debt Repaid | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$220K | $259K | -$619K | $942K | $14K |
| Supplementary Data | |||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $1.07M | $816K | $1.44M | $494K | $479K |
| Cash at End | $855K | $1.07M | $816K | $1.44M | $494K |