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Western Asset High Yield Defined Opportunity Fund Inc T.HYI


Primary Symbol: HYI

Western Asset High Yield Defined Opportunity Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide high income. The Fund seeks capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in a portfolio of high-yield corporate fixed-income securities with varying maturities. The Fund invests in various industrial sectors, which include communications, consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate and utilities. Legg Mason Partners Fund Advisor, LLC (LMPFA) is the Fund’s investment manager.


NYSE:HYI - Post by User

Post by studduckon Jan 04, 2014 12:04pm
210 Views
Post# 22058469

SAFETY

SAFETYAny ideas as to how safe this is? Would the distribution stay the same if/when rates go up? Thanks
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