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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

Comment by studduckon Jan 08, 2015 6:36pm
251 Views
Post# 23300179

RE:SAFETY

RE:SAFETYWow, sitting around here for a whole year collecting cash and waiting for interest rates to rise. I wonder which will come first! Interest rate hike or the second coming of you know who! Ever get the feeling that one is speaking to one's self? hahaha
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