Western Asset High Yield Defined Opportunity Fund Inc. Declares Dividend for the Months of September, October and November 2018, Payable on October 1, 2018, November 1, 2018 and December 3, 2018 Respectively
August 20, 2018 at 08:00 am EDT
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Western Asset High Yield Defined Opportunity Fund Inc. declared dividend of $0.08850 for the months of September, October and November 2018, payable on October 1, 2018, November 1, 2018 and December 3, 2018 to the shareholders record on September 21, 2018, October 19, 2018 and November 23, 2018 with the ex-dividend date of September 20, 2018, October 18, 2018 and November 21, 2018 respectively.
Western Asset High Yield Defined Opportunity Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fundâs 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 Fundâs investment manager.
Western Asset High Yield Defined Opportunity Fund Inc. Declares Dividend for the Months of September, October and November 2018, Payable on October 1, 2018, November 1, 2018 and December 3, 2018 Respectively