ISD: Attractive 8%+ Yielding CEF [Seeking Alpha]
Western Asset High Yield Defined Opportunity Fund Inc. (HYI)
US:NYSE Investor Relations:
leggmason.com/en-us/products/closed-end-funds/western-asset-high-yield-defined-opportunity-fund-inc.html
Company Research
Source: Seeking Alpha
Summary ISD is yielding 8.54%, after several boosts over the last year. The latest discount of 8.61% is much less than its 1-year average of -11.56%, this could be explained by a recovering NAV. The discount contraction could also be explained by a changing mandate the fund went through at the beginning of 2019. Co-produced by Stanford Chemist PGIM High Yield Bond Fund ( ISD is similar to Western Asset High Yield Defined Opportunity Fund Inc. ( HYI recently covering HYI ISD "seeks to provide a high level of current income by investing primarily in below-investment-grade fixed income instruments." Also known as high yield or junk bonds. These types of bonds are issued by companies that are smaller and less financially stable relative to their generally larger counterparts. They will tend to be a bit more volatile during periods of panic. However, ISD holds 239 issues as of December 31st, 2019 The fund is a healthy size at about $742 million in total managed assets, composed of $180 mil
Show less
Read more
Impact Snapshot
Event Time:
HYI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HYI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HYI alerts
High impacting Western Asset High Yield Defined Opportunity Fund Inc. news events
Weekly update
A roundup of the hottest topics
HYI
Sec Filings
- 12/11/24 - Form 3
- 11/22/24 - Form 3
- 11/21/24 - Form 3
- HYI's page on the SEC website