Western Asset High Income Opportunity Fund (HIO) Competitors

$3.72
-0.03 (-0.80%)
(As of 04/30/2024 ET)

HIO vs. AGD, AWP, THQ, ACP, THW, AVK, AFB, FINS, AFT, and AIF

Should you be buying Western Asset High Income Opportunity Fund stock or one of its competitors? The main competitors of Western Asset High Income Opportunity Fund include Abrdn Global Dynamic Dividend Fund (AGD), abrdn Global Premier Properties Fund (AWP), Abrdn Healthcare Opportunities Fund (THQ), Abrdn Income Credit Strategies Fund (ACP), Abrdn World Healthcare Fund (THW), Advent Convertible and Income Fund (AVK), AllianceBernstein National Municipal Income Fund (AFB), Angel Oak Financial Strategies Income Term Trust (FINS), Apollo Senior Floating Rate Fund (AFT), and Apollo Tactical Income Fund (AIF). These companies are all part of the "asset management" industry.

Western Asset High Income Opportunity Fund vs.

Abrdn Global Dynamic Dividend Fund (NYSE:AGD) and Western Asset High Income Opportunity Fund (NYSE:HIO) are both financial services companies, but which is the better stock? We will compare the two companies based on the strength of their media sentiment, valuation, community ranking, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk.

Abrdn Global Dynamic Dividend Fund pays an annual dividend of $0.78 per share and has a dividend yield of 8.3%. Western Asset High Income Opportunity Fund pays an annual dividend of $0.40 per share and has a dividend yield of 10.7%. Western Asset High Income Opportunity Fund has increased its dividend for 1 consecutive years. Western Asset High Income Opportunity Fund is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Abrdn Global Dynamic Dividend Fund$9.11MN/AN/AN/AN/A
Western Asset High Income Opportunity Fund$28.71MN/AN/AN/AN/A

Company Net Margins Return on Equity Return on Assets
Abrdn Global Dynamic Dividend FundN/A N/A N/A
Western Asset High Income Opportunity Fund N/A N/A N/A

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abrdn Global Dynamic Dividend Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Western Asset High Income Opportunity Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Abrdn Global Dynamic Dividend Fund had 4 more articles in the media than Western Asset High Income Opportunity Fund. MarketBeat recorded 5 mentions for Abrdn Global Dynamic Dividend Fund and 1 mentions for Western Asset High Income Opportunity Fund. Abrdn Global Dynamic Dividend Fund's average media sentiment score of 1.00 beat Western Asset High Income Opportunity Fund's score of 0.61 indicating that Western Asset High Income Opportunity Fund is being referred to more favorably in the news media.

Abrdn Global Dynamic Dividend Fund received 32 more outperform votes than Western Asset High Income Opportunity Fund when rated by MarketBeat users. However, 68.47% of users gave Western Asset High Income Opportunity Fund an outperform vote while only 62.79% of users gave Abrdn Global Dynamic Dividend Fund an outperform vote.

CompanyUnderperformOutperform
Abrdn Global Dynamic Dividend FundOutperform Votes
108
62.79%
Underperform Votes
64
37.21%
Western Asset High Income Opportunity FundOutperform Votes
76
68.47%
Underperform Votes
35
31.53%

Summary

Western Asset High Income Opportunity Fund beats Abrdn Global Dynamic Dividend Fund on 5 of the 7 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HIO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HIO vs. The Competition

MetricWestern Asset High Income Opportunity FundAsset Management IndustryFinancial SectorNYSE Exchange
Market CapN/A$724.89M$3.22B$17.37B
Dividend Yield0.07%13.31%4.60%3.54%
P/E RatioN/A943.96469.9822.26
Price / SalesN/A13,780.332,579.3510.32
Price / CashN/A78.4246.6315.39
Price / BookN/A1.741.585.00
Net IncomeN/A$51.12M$409.30M$962.64M
7 Day Performance-0.27%0.59%0.54%-0.39%
1 Month Performance-4.36%11.49%6.14%-4.24%
1 Year Performance-1.84%2.70%8.75%94.12%

Western Asset High Income Opportunity Fund Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AGD
Abrdn Global Dynamic Dividend Fund
0 of 5 stars
$9.36
+1.2%
N/A-0.8%$0.00$9.11M0.00N/AShort Interest ↓
News Coverage
AWP
abrdn Global Premier Properties Fund
0 of 5 stars
$3.70
+1.1%
N/A-7.5%$0.00$-15,470,480.000.00N/AShort Interest ↓
THQ
Abrdn Healthcare Opportunities Fund
0 of 5 stars
$19.34
+0.9%
N/A+3.2%$0.00$54.68M0.00N/ANews Coverage
ACP
Abrdn Income Credit Strategies Fund
0 of 5 stars
$6.58
flat
N/A-3.2%$0.00$31.54M0.00N/AShort Interest ↑
THW
Abrdn World Healthcare Fund
0 of 5 stars
$12.63
-0.4%
N/A-11.2%$0.00$39.01M0.00N/AShort Interest ↓
News Coverage
AVK
Advent Convertible and Income Fund
0 of 5 stars
$11.59
+1.0%
N/A-1.0%$0.00$-3,531,300.000.00N/AShort Interest ↑
AFB
AllianceBernstein National Municipal Income Fund
0 of 5 stars
$10.49
-0.1%
N/A-2.3%$0.00$-812,101.000.00N/ADividend Increase
FINS
Angel Oak Financial Strategies Income Term Trust
0 of 5 stars
$12.35
-0.1%
N/A+2.7%$0.00$8.53M0.00N/APositive News
AFT
Apollo Senior Floating Rate Fund
0 of 5 stars
$14.31
-0.7%
N/A+13.7%$0.00$38.20M0.00N/AShort Interest ↑
Positive News
AIF
Apollo Tactical Income Fund
1.2874 of 5 stars
$14.28
-0.8%
$52.50
+267.6%
+14.8%$0.00$36.81M0.00N/APositive News

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This page (NYSE:HIO) was last updated on 4/30/2024 by MarketBeat.com Staff

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