(HIO) Western Asset High Income - Ratings and Ratios
HighYield Bond, Debt Securities, FixedIncome Investments
Description: HIO Western Asset High Income
The Western Asset High Income Opportunity Closed Fund (NYSE:HIO) is a high-yield bond fund listed on the NYSE, originating from the USA. As a closed-end fund, it is designed to provide investors with a stable income stream by investing in a diversified portfolio of high-yield bonds.
To evaluate the funds performance, we can look beyond the provided data and consider key performance indicators (KPIs) such as the distribution yield, which is a crucial metric for income-focused investors. A higher distribution yield indicates a more attractive income stream. Additionally, the funds expense ratio, which is the cost of managing the funds assets, is another important KPI. A lower expense ratio is generally more desirable as it results in higher net returns for investors.
Other relevant KPIs for HIO include the funds discount to net asset value (NAV), which can indicate whether the fund is trading at a premium or discount to its underlying assets. A discount to NAV may present a buying opportunity, while a premium may indicate overvaluation. Furthermore, the funds credit quality, measured by the average credit rating of its holdings, is essential in assessing the risk profile of the fund. A higher average credit rating generally indicates lower default risk.
By analyzing these KPIs, investors can gain a more comprehensive understanding of HIOs investment potential and make more informed decisions. Its essential to monitor these metrics over time to assess the funds performance and adjust investment strategies accordingly.
HIO Fund Overview
| Market Cap in USD | 413m |
| Style | High Yield Bond |
| TER | 0.91% |
| IPO / Inception | 1993-10-22 |
HIO Fund Ratings
| Growth Rating | 69.0% |
| Fundamental | - |
| Dividend Rating | 81.3% |
| Return 12m vs S&P 500 | -5.36% |
| Analyst Rating | - |
HIO Dividends
| Dividend Yield 12m | 13.86% |
| Yield on Cost 5y | 17.15% |
| Annual Growth 5y | 1.86% |
| Payout Consistency | 89.1% |
| Payout Ratio | % |
HIO Growth Ratios
| Growth Correlation 3m | 51.9% |
| Growth Correlation 12m | 81.6% |
| Growth Correlation 5y | 40% |
| CAGR 5y | 12.78% |
| CAGR/Max DD 3y | 0.96 |
| CAGR/Mean DD 3y | 6.48 |
| Sharpe Ratio 12m | -0.32 |
| Alpha | 0.08 |
| Beta | 0.751 |
| Volatility | 8.56% |
| Current Volume | 540.8k |
| Average Volume 20d | 250.4k |
| Stop Loss | 3.9 (-3.5%) |
| Signal | 1.92 |
What is the price of HIO shares?
Over the past week, the price has changed by +2.02%, over one month by +3.48%, over three months by +5.65% and over the past year by +12.18%.
Is Western Asset High Income a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HIO is around 4.32 USD . This means that HIO is currently overvalued and has a potential downside of 6.93%.
Is HIO a buy, sell or hold?
What are the forecasts/targets for the HIO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 4.8 | 19.6% |
Last update: 2025-09-05 04:46
HIO Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = None
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 412.7m USD (412.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 412.7m)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 412.7m / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(412.7m)/V(0.0) * Re(8.78%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 8.78% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for HIO Fund
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle