Western Asset High Yield Opportunity Fund
Sponsor: Western Asset (Franklin Templeton) · Inception Oct 27, 2010 · Pays monthly
Market priceShare price
$9.68
+0.73% (+$0.07)
NAVAsset value per share
$10.90
as of Oct 14, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
11.19% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
11.78%
regular, annualised · on NAV 10.46%
Expense ratioAnnual cost
1.27%
fee table, May 31, 2026
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 15, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 15, 2026, 10:43 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending May 29, 2026, filed Jul 22, 2026. 281 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Debt | 90.51% | $135M |
| Loans | 5.39% | $8M |
| Short-term investment vehicle | 2.06% | $3.1M |
| Equity (common) | 0.82% | $1.2M |
| Equity (preferred) | 0.71% | $1.1M |
| ABS (other) | 0.26% | $384K |
| Mortgage-backed | 0.23% | $345K |
| Derivative (FX) | 0.02% | $27.3K |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 75.67% | $113M |
| Canada | 5.49% | $8.2M |
| United Kingdom | 4.15% | $6.2M |
| Bermuda | 2.14% | $3.2M |
| Luxembourg | 2.02% | $3M |
| France | 2.02% | $3M |
| Cayman Islands | 1.76% | $2.6M |
| Netherlands | 1.69% | $2.5M |
| BS | 1.02% | $1.5M |
| MT | 0.56% | $831K |
| AO | 0.55% | $817K |
| Poland | 0.52% | $767K |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 75.67% | $113M |
| Canada | 5.49% | $8.2M |
| Offshore domiciles | 3.91% | $5.8M |
| Other | 2.42% | $3.6M |
| Developed Europe | 10.77% | $16M |
| Latin America | 1.24% | $1.8M |
| Emerging Europe | 0.52% | $767K |
| Australia & New Zealand | 0.00% | — |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 95.41% | $142M |
| Registered fund | 2.44% | $3.6M |
| Non-U.S. sovereign | 2.15% | $3.2M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 96.20% | $143M |
| Level 1 | 2.78% | $4.1M |
| Level 3 | 1.03% | $1.5M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 99.98% | $149M |
| N/A | 0.02% | $27.3K |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 281 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| BUENOS AIRES, PROVINCE OF | XS2385150417 | Debt | NUSS | Argentina | 44,470 | principal | $35.9K | 0.02% | 2 |
| Spirit Airlines, LLC | — | Loan | CORP | United States | 33,755 | principal | $32.1K | 0.02% | 2 |
| VERICAST CORPORATION | 92342KAD1 | Loan | CORP | United States | 31,818 | principal | $31.7K | 0.02% | 2 |
| First Brands Group LLC | 31935HAM9 | Loan | CORP | United States | 119,974 | principal | $28.4K | 0.02% | 2 |
| NCL FINANCE LTD | 62888HAA7 | Debt | CORP | Bermuda | 20,000 | principal | $20.2K | 0.01% | 2 |
| CORECIVIC INC | 21871NAA9 | Debt | CORP | United States | 20,000 | principal | $19.9K | 0.01% | 2 |
| CITIBANK, NATIONAL ASSOCIATION | ticker N/A | FX deriv. | CORP | United States | 1 | contracts | $16.6K | 0.01% | 2 |
| ECHOSTAR CORP | 278768AA4 | Debt | CORP | United States | 13,247 | principal | $13.5K | 0.01% | 2 |
| LIFEPOINT HEALTH INC | 53219LAV1 | Debt | CORP | United States | 10,000 | principal | $10.6K | 0.01% | 2 |
| JPMorgan Chase Bank, National Association | ticker N/A | FX deriv. | CORP | United States | 1 | contracts | $10.6K | 0.01% | 2 |
| ROCKIES EXPRESS PIPELINE LLC | 77340RAU1 | Debt | CORP | United States | 10,000 | principal | $10.4K | 0.01% | 2 |
| LEVEL 3 FINANCING INC | 527298CM3 | Debt | CORP | United States | 10,000 | principal | $10.3K | 0.01% | 2 |
| Spirit Airlines, LLC | — | Debt | CORP | United States | 315,701 | principal | $6.3K | 0.00% | 3 |
| ADD HERO HOLDINGS LTD | XS2785422895 | Debt | CORP | British Virgin Islands | 108,284 | principal | $4.3K | 0.00% | 2 |
| ADD HERO HOLDINGS LTD | XS2785423943 | Debt | CORP | British Virgin Islands | 116,412 | principal | $1.6K | 0.00% | 2 |
| ADD HERO HOLDINGS LTD | XS2785423430 | Debt | CORP | British Virgin Islands | 88,191 | principal | $1.3K | 0.00% | 2 |
| First Brands Group LLC | 31935HAN7 | Loan | CORP | United States | 346,631 | principal | $1.2K | 0.00% | 2 |
| CHINA AOYUAN GROUP LTD | XS2785326153 | Debt | CORP | Cayman Islands | 152,810 | principal | $1.1K | 0.00% | 2 |
| SPIRIT AVIATION HOLDINGS INC | 84863V127 | Equity | CORP | United States | 33,991 | shares | $510 | 0.00% | 2 |
| First Brands Group LLC | 31935HAG2 | Loan | CORP | United States | 270,940 | principal | $451 | 0.00% | 2 |
| CHINA AOYUAN GROUP LTD | XS2785302998 | Debt | CORP | Cayman Islands | 43,750 | principal | $328 | 0.00% | 2 |
| CHINA AOYUAN GROUP LTD | KYG2119Z1090 | Equity | CORP | Cayman Islands | 38,203 | shares | $258 | 0.00% | 1 |
| SPIRIT AVIATION HOLDINGS INC | 84863V135 | Equity | CORP | United States | 16,644 | shares | $250 | 0.00% | 2 |
| SPIRIT AVIA HOL RESTRICT | — | Equity | CORP | United States | 14,655 | shares | $220 | 0.00% | 2 |
| BNP PARIBAS SECURITIES CORP. | ticker N/A | FX deriv. | CORP | United States | 1 | contracts | $196 | 0.00% | 2 |
| COUNTRY GARDEN HOLDINGS COMPANY LTD | KYG245241032 | Equity | CORP | Cayman Islands | 5,250 | shares | $163 | 0.00% | 2 |
| SPIRIT AVIATION HOLDINGS INC | 84863V101 | Equity | CORP | United States | 8,907 | shares | $134 | 0.00% | 1 |
| CHINA AOYUAN GROUP LTD | XS2785324703 | Debt | CORP | Cayman Islands | 13,656 | principal | $75 | 0.00% | 2 |
| SPIRIT AVIATION HOLDINGS INC | 84863V119 | Equity | CORP | United States | 797 | shares | $12 | 0.00% | 2 |
| CREDIT SUISSE ESCROW CL | — | Debt | CORP | United States | 6,220,000 | principal | $0 | 0.00% | 3 |
| ARCTIC CANADIAN DIAMONDS | — | Equity | CORP | Australia | 906 | shares | $0 | 0.00% | 3 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| May 29, 2026 | Jul 22, 2026 | 281 | 100.0% | $149M | full |
| Feb 27, 2026 | Apr 24, 2026 | 276 | 100.0% | $153M | full |
| Nov 28, 2025 | Jan 23, 2026 | 260 | 100.0% | $151M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Western Asset High Yield Opportunity Fund Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.