Western Asset High Yield Defined Opportunity Fund Inc. Announces Financial Position as of February 28, 2021
28 April 2021 - 10:00PM
Business Wire
Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:
HYI) today announced the financial position of the Fund as of
February 28, 2021.
Current Q Previous Q Prior Yr Q February
28, 2021 November 30, 2020 February 29, 2020
Total Net Assets
$
359,595,556
$
358,675,553
$
363,088,765
NAV Per Share of Common Stock (a)
$
15.88
$
15.83
$
15.96
Market Price Per Share
$
15.40
$
15.22
$
15.80
Premium / (Discount)
(3.02
)%
(3.85
)%
(1.00
)%
Outstanding Shares
22,651,444
22,651,444
22,749,468
Total Net Investment Income (b)
$
5,396,401
$
5,512,231
$
6,513,524
Total Net Realized/Unrealized Gain/(Loss) (b)
$
1,945,286
$
7,539,053
$
(3,480,518
)
Net Increase (Decrease) in Net Assets From Operations (b)
$
7,341,687
$
13,051,284
$
3,033,006
Earnings per Common Share
Outstanding Total Net Investment Income (b)
$
0.24
$
0.24
$
0.29
Total Net Realized/Unrealized Gain/(Loss) (b)
$
0.09
$
0.33
$
(0.15
)
Net Increase (Decrease) in Net Assets From Operations (b)
$
0.33
$
0.57
$
0.14
Undistributed/(Overdistributed) Net Investment Income (c)
$
(6,504,341
)
$
(5,479,058
)
$
(694,983
)
Undistributed/(Overdistributed) Net Investment Income Per Share (c)
$
(0.29
)
$
(0.24
)
$
(0.03
)
Footnotes:
(a) NAVs are calculated as of the close of business on the last
business day in the periods indicated above. (b) For the quarter
indicated. (c) As of the date indicated above.
This financial data is unaudited.
The Fund files its semi-annual and annual
reports with the Securities and Exchange Commission (“SEC”), as
well as its complete schedule of portfolio holdings for the first
and third quarters of each fiscal year as an exhibit to its reports
on Form N-PORT. These reports are available on the SEC’s website at
www.sec.gov. To obtain information on Forms N-PORT or a semi-annual
or annual report from the Fund, shareholders can call
1-888-777-0102.
On July 31, 2020, Franklin Resources, Inc. (“Franklin
Resources”) acquired Legg Mason, Inc. (“Legg Mason”) in an all-cash
transaction. As a result of the transaction, Legg Mason Partners
Fund Advisor, LLC, previously a wholly owned-subsidiary of Legg
Mason, became a wholly-owned subsidiary of Franklin Resources.
Western Asset High Yield Defined Opportunity Fund Inc., a
non-diversified, limited-term, closed-end management investment
company, is managed by Legg Mason Partners Fund Advisor, LLC, a
wholly-owned subsidiary of Franklin Resources, and is sub-advised
by Western Asset Management Company, an affiliate of the investment
manager.
For more information about the Fund, please call 1-888-777-0102
or consult the Fund’s web site at www.lmcef.com. Hard copies of the
Fund’s complete audited financial statements are available free of
charge upon request.
Data and commentary provided in this press release are for
informational purposes only. Franklin Resources and its affiliates
do not engage in selling shares of the Fund.
Category: Financials Source: Franklin Resources, Inc. Source:
Legg Mason Closed End Funds
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version on businesswire.com: https://www.businesswire.com/news/home/20210428005485/en/
Investor: Fund Investor Services 1-888-777-0102
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