HYI: Discount Widens But Still Looking For Better Entry Level
Source: SeekingAlpha
2026-02-24 16:04:40 ET
Written by Nick Ackerman, co-produced by Stanford Chemist
When we last covered the Western Asset High Yield Opportunity Fund ( HYI ), it was discussing the approval from shareholders to go from a term-structured fund to a perpetual fund. This was approved on the back of the fund also being willing to conduct a tender offer for 100% of outstanding shares at 100% of NAV. This essentially gave the same ability to investors to "terminate" their position, but it became a choice for each investor....
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HYI: Discount Widens But Still Looking For Better Entry Level
iShares iBoxx $ High Yield Corporate Bond
NASDAQ: HYG
HYG Trading
-0.29% G/L:
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43,036,014 Volume:
$79.75 Open:
