HIO: Dividend Cut May Be Needed To Slow NAV Erosion
2026-01-31 22:59:43 ET
Overview
When I previously covered Western Asset High Income Opportunity Fund ( HIO ), I issued a sell rating due to the inconsistent dividend coverage and poor NAV growth. Since then, the share price has declined and severely underperformed traditional market indices. Since my last coverage, HIO has released an updated annual report for 2025, which prompted me to revisit the fund's value proposition now that we've crossed into the new year. Unfortunately, the fund still has structural flaws that are impacting its ability to provide NAV growth over a longer time frame....
Read the full article on Seeking Alpha
For further details see:
HIO: Dividend Cut May Be Needed To Slow NAV ErosionNASDAQ: HIO
HIO Trading
-1.09% G/L:
$3.63 Last:
189,542 Volume:
$3.67 Open:



