Western Asset High Yield Defined Opportunity Fund Inc.

Western Asset High Yield Opportunity Fund Inc. Announces Results of Annual Meeting of Stockholders

Western Asset High Yield Opportunity Fund (NYSE: HYI) announced the results of its annual stockholder meeting held October 16, 2026. Stockholders elected Robert D. Agdern, Eileen A. Kamerick and Peter Mason as Class III Directors serving until 2029, and ratified PricewaterhouseCoopers LLP as independent auditor for fiscal year ending May 31, 2027. This is routine closed-end-fund governance boilerplate with no investment, distribution, or capital-structure implications.

•3d ago

HYI: DEF 14A · proxy statement

Western Asset High Yield Opportunity Fund Inc. (NYSE: HYI) filed its definitive proxy statement for its annual meeting of stockholders, scheduled for October 16, 2026 at One Madison Avenue in New York, with an August 28, 2026 record date. Stockholders will vote on two uncontested proposals: electing three Class III directors (Robert D. Agdern, Eileen A. Kamerick and Peter Mason) to three-year terms expiring at the 2029 annual meeting, and ratifying PricewaterhouseCoopers LLP as the fund's independent registered public accountants for the fiscal year ending May 31, 2027. The Board unanimously recommends votes FOR both proposals. The fund had 12,814,003 common shares outstanding at the record date; Cede & Co., the DTC nominee, holds approximately 99% of shares of record, while the nominees, directors and officers as a group beneficially own less than 1%. The fund is advised by Franklin Templeton Fund Adviser, LLC and subadvised by three Western Asset entities, all indirect wholly-owned subsidiaries of Franklin Templeton, Inc. PwC billed $50,538 in audit fees for fiscal 2026 and the proxy solicitation is expected to cost about $18,142. There are no compensation controversies, contested elections, or strategic changes disclosed — this is routine closed-end fund governance with no expected market impact.

SEC DEF 14A•1mo ago