HYI

Western Asset High Yield Opportunity Fund Inc. is a closed-end investment fund that seeks high current income by investing primarily in high-yield corporate bonds, also known as junk bonds. The fund invests in fixed-income securities rated below investment grade, which carry higher risk but offer potentially higher yields to compensate investors. Western Asset Management Company serves as the fund's investment adviser, bringing expertise in credit analysis and fixed-income portfolio management. The fund may use leverage to enhance returns, though this also amplifies risk. As a closed-end fund, HYI trades on an exchange and its market price may differ from its net asset value.