Western Asset High Income Opportunity Fund
Western Asset High Income Opportunity Fund is a closed-end fund that invests primarily in high-yield corporate debt securities, sponsored by Western Asset Management and distributed through Franklin Templeton's closed-end fund platform.
- Company typePrivate
- Founded-
- Headquarters—
- Headcount—
- GTM typeB2C
- OfferingServices
What Western Asset High Income Opportunity Fund does
Western Asset High Income Opportunity Fund is a closed-end fund that invests primarily in high-yield corporate debt securities. The fund is sponsored by Western Asset Management and is listed on Franklin Templeton's closed-end fund platform, indicating distribution and administration through Franklin Templeton's broader investment infrastructure. As a closed-end fund, shares of the fund trade on a stock exchange at market-determined prices that fluctuate based on supply and demand, while the Net Asset Value (NAV) is calculated on a daily basis.
The fund's business model is that of a pooled investment vehicle rather than an operating company: it raises capital through an initial public offering of shares, deploys that capital into a portfolio of high-yield corporate bonds, and generates revenue primarily through management fees and expense reimbursement arrangements with its investment adviser. Specific expense ratios, management fee rates, AUM, portfolio holdings, and financial performance metrics are not disclosed in the available source material.
Available operational details are limited: management team composition, office locations, regulatory actions, partnerships, and certifications are not provided in the source data. The fund's website is hosted as part of Franklin Templeton's broader closed-end fund product page, and the only available contact point is the Franklin Templeton corporate site. No information on customer segments, geographic markets served, or distribution channels beyond the standard closed-end fund exchange-listing model is available.
Western Asset High Income Opportunity Fund firmographics
Firmographics- Name
- Western Asset High Income Opportunity Fund
- Legal name
- Western Asset High Income Opportunity Fund
- Website
- https://franklintempleton.com
- Company type
- Private
- Short description
- Western Asset High Income Opportunity Fund is a closed-end fund that invests primarily in high-yield corporate debt securities, sponsored by Western Asset Management and distributed through Franklin Templeton's closed-end fund platform.
- Ownership category
- akta.pro rank
Western Asset High Income Opportunity Fund industry classification
Industry- Product category
- High-Yield Closed-End Bond Fund
- NAICS
- Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Fixed Income Mutual Funds (FSAAAEAB)
- akta.pro secondary industry
- Credit & High Yield / Bank Loan ETFs (FSAAAFAE)
Keywords
Western Asset High Income Opportunity Fund business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales
Western Asset High Income Opportunity Fund product offering
Product offeringCore offering
Western Asset High Income Opportunity Fund is a closed-end fund that invests primarily in high-yield corporate debt securities. Shares of the fund trade on a stock exchange at market prices determined by supply and demand, with Net Asset Value (NAV) calculated on a daily basis. The fund is offered and distributed through Franklin Templeton's closed-end fund platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Western Asset High Income Opportunity Fund
Companies that use Western Asset High Income Opportunity Fund
Customer profileIdeal customer profiles1 record
Western Asset High Income Opportunity Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Western Asset High Income Opportunity Fund competitors and assessment
Company assessmentDirect peers
- Invesco High Income Trust II: U.S. closed-end high-yield bond fund employing leverage; comparable product structure, income objective, and corporate credit focus.
- Western Asset High Income Fund II: Sister fund also managed by Western Asset within the Franklin Templeton closed-end shelf, pursuing a high-yield and leveraged-credit mandate with the same advisor stack — directly comparable in strategy, structure, and shareholder base.
- BlackRock Corporate High Yield Fund: U.S. closed-end fund investing primarily in below-investment-grade corporate debt, run by a major asset manager; directly comparable in product structure (listed CEF, high-yield credit focus) and target retail income investor.
- PIMCO Income Strategy Fund: Closed-end fund with significant high-yield credit allocation managed by PIMCO; comparable strategy mix, use of leverage, and distribution-driven investor base.
- PIMCO High Income Fund: Closed-end fund investing primarily in higher-yielding fixed income including high-yield corporates; another PIMCO vehicle offering nearly identical income-oriented exposure to retail investors.
- Neuberger Berman High Yield Strategies Fund: Closed-end fund focused on high-yield debt with tactical use of leverage; comparable product type and target return objective to a high-yield corporate debt mandate.
- Allspring Income Opportunities Fund: Non-diversified closed-end fund investing in higher-yielding debt including high-yield corporates; directly comparable structure and credit-driven approach.
- Guggenheim Credit Allocation Fund: Closed-end fund with a credit allocation mandate across high-yield and leveraged credit strategies, run by a major asset manager; comparable product category and target audience.
Broad incumbents
- iShares iBoxx $ High Yield Corporate Bond ETF (HYG): Largest U.S. high-yield corporate ETF offering liquid, NAV-priced beta to the same high-yield corporate credit universe the fund targets; competes for the same income-seeking investor demand at lower fees.
- SPDR Bloomberg High Yield Bond ETF (JNK): Broad incumbent passive vehicle providing high-yield corporate bond exposure at NAV with daily ETF liquidity; benchmarks the high-yield credit category the fund operates in.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Western Asset High Income Opportunity Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Western Asset High Income Opportunity Fund leadership team
Management profileNumber of profiles
Western Asset High Income Opportunity Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Western Asset High Income Opportunity Fund M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Western Asset High Income Opportunity Fund
What does Western Asset High Income Opportunity Fund do?
Western Asset High Income Opportunity Fund is a closed-end fund that invests primarily in high-yield corporate debt securities. Shares of the fund trade on a stock exchange at market prices determined by supply and demand, with Net Asset Value (NAV) calculated on a daily basis. The fund is offered and distributed through Franklin Templeton's closed-end fund platform.
Is Western Asset High Income Opportunity Fund a public or private company?
Western Asset High Income Opportunity Fund is a private company. It is classified as unknown.
When was Western Asset High Income Opportunity Fund founded?
Western Asset High Income Opportunity Fund was founded in -1.
Who are Western Asset High Income Opportunity Fund's main competitors?
Direct peers on record are Invesco High Income Trust II, Western Asset High Income Fund II, BlackRock Corporate High Yield Fund, PIMCO Income Strategy Fund, PIMCO High Income Fund, Neuberger Berman High Yield Strategies Fund, Allspring Income Opportunities Fund and Guggenheim Credit Allocation Fund. Broad incumbents are iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and SPDR Bloomberg High Yield Bond ETF (JNK).
Does Western Asset High Income Opportunity Fund have an API?
No public API is recorded for Western Asset High Income Opportunity Fund.
What industry is Western Asset High Income Opportunity Fund in?
Western Asset High Income Opportunity Fund's product category is High-Yield Closed-End Bond Fund. Its primary akta.pro industry code is FSAAAEAB, Fixed Income Mutual Funds, with a secondary code of FSAAAFAE, Credit & High Yield / Bank Loan ETFs. Its NAICS code is 523940 and its SIC code is 6282.