Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -0.31% | -4.72% | -8.59% | -11.68% | -13.26% | -15.75% | -4.85% | -9.42% | -4.42% | -4.45% |
| Market-price total return | -0.31% | -3.82% | -6.03% | -6.73% | -6.01% | -6.35% | +5.06% | -0.35% | +4.13% | +4.15% |
| NAV return | -0.46% | -3.02% | -5.55% | -7.71% | -7.86% | -9.54% | -3.44% | -7.14% | -4.14% | -3.44% |
| NAV total return | -0.46% | -2.20% | -3.14% | -3.01% | -0.81% | -0.27% | +6.17% | +1.73% | +3.91% | +4.74% |
Performance through Oct 15, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.07% | 0.03% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.08% | 0.04% | as above |
| Volatility, 5 years | 0.11% | 0.05% | as above |
| Maximum drawdown, 3 years | -10.93% | -4.64% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.11 | 0.42 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.15 | 0.62 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.45 | — | AGG (U.S. aggregate bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.28 | — | as above |
| Observations (3y) | 752 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
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.