Signals & Forecast
The Western Asset High Yield Defined fund holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Support, Risk & Stop-loss
Western Asset High Yield Defined finds support from accumulated volume at $15.59 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Western Asset High Yield Defined Opportunity Fund Inc fund A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Western Asset High Yield Defined fund to perform well in the short-term period. We have upgraded our analysis conclusion for this fund since the last evaluation from a Hold/Accumulate to a Buy candidate.
What stocks does MarketBeat like better than Western Asset High Yield Defined Opportunity Fund?
Wall Street analysts have given Western Asset High Yield Defined Opportunity Fund a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains.
Are investors shorting Western Asset High Yield Defined Opportunity Fund?
Western Asset High Yield Defined Opportunity Fund saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 18,000 shares, an increase of 69.8% from the July 29th total of 10,600 shares.
How has Western Asset High Yield Defined Opportunity Fund's stock price been impacted by Coronavirus (COVID-19)?
Western Asset High Yield Defined Opportunity Fund's stock was trading at $13.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HYI shares have increased by 14.1% and is now trading at $15.69.#N#View which stocks have been most impacted by COVID-19.
How often does Western Asset High Yield Defined Opportunity Fund pay dividends? What is the dividend yield for Western Asset High Yield Defined Opportunity Fund?
Western Asset High Yield Defined Opportunity Fund declared a monthly dividend on Friday, August 6th. Shareholders of record on Monday, November 22nd will be given a dividend of $0.0945 per share on Wednesday, December 1st. This represents a $1.13 annualized dividend and a yield of 7.23%.
Is Western Asset High Yield Defined Opportunity Fund a good dividend stock?
Western Asset High Yield Defined Opportunity Fund pays an annual dividend of $1.06 per share and currently has a dividend yield of 0.08%.#N#View Western Asset High Yield Defined Opportunity Fund's dividend history.
Who are some of Western Asset High Yield Defined Opportunity Fund's key competitors?
Some companies that are related to Western Asset High Yield Defined Opportunity Fund include 578896 (INB.L) (INB), Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Alternative Asset Opportunities PCC (TLI), Apollo Tactical Income Fund (AIF), Aptus Behavioral Momentum ETF (BEMO), Aptus Fortified Value ETF (FTVA), Ares Dynamic Credit Allocation Fund (ARDC), Bernstein Global Research Fund (BRGL), Bernstein U.S.
What other stocks do shareholders of Western Asset High Yield Defined Opportunity Fund own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset High Yield Defined Opportunity Fund investors own include Verizon Communications (VZ), ONEOK (OKE), Pfizer (PFE), Walgreens Boots Alliance (WBA), Calamos Convertible and High Income Fund (CHY), Energy Transfer (ET), Western Asset Global Corporate Defined Opportunity Fund (GDO), International Business Machines (IBM), Kohl's (KSS) and Main Street Capital (MAIN)..
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