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HIO logo Western Asset High Income Opportunity Fund : HIO

HIO

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Western Asset High Income Opportunity Fund Inc. is a mutual fund focusing on high-yield corporate debt in the U.S. Managed by Legg Mason Partners and co-managed by Western Asset Management, it aims for high income through investments in corporate bonds. With an investment strategy targeting an average duration of four years and a B average credit quality, it measures its success against the Barclays Capital U.S. Corporate High Yield Index. Established in 1993, this fund is designed for investors seeking income opportunities in fixed-income markets.

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