Western Asset High Income Opportunity Fund Inc. Announces Results of Annual Meeting of Stockholders

Rhea-AI Summary

Western Asset High Income Opportunity Fund Inc. announced the results of its annual meeting of stockholders, electing two new Class II Directors and ratifying the selection of independent registered public accountants. The Fund is managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company,

Positive

• Paolo M. Cucchi and Jane E. Trust were elected as Class II Directors of the Fund.
• Stockholders voted to ratify the selection of PricewaterhouseCoopers LLP as independent registered public accountants.
• The Fund is a diversified closed-end management investment company managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company,
• FTFA and WAMCo are indirect wholly-owned subsidiaries of Franklin Resources Inc., a global investment management organization.
• Hard copies of the Fund's complete audited financial statements are available free of charge upon request.
• Data and commentary provided in the press release are for informational purposes only.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Western Asset High Income Opportunity Fund Inc. (the “Fund”) (NYSE: HIO) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held April 12, 2024.

Paolo M. Cucchi and Jane E. Trust were elected as Class II Directors of the Fund by holders of record of the Fund’s outstanding shares of common stock to hold office until the annual meeting of shareholders in the year 2027, or until their respective successors have been duly elected and qualified, or until they resign or are otherwise removed.

In addition, the stockholders voted to ratify the selection of PricewaterhouseCoopers LLP as independent registered public accountants of the Fund for the fiscal year ending September 30, 2024.

The Fund is a diversified closed-end management investment company that is managed by Franklin Templeton Fund Adviser, LLC (formerly known as Legg Mason Partners Fund Advisor, LLC) (“FTFA”), and subadvised by Western Asset Management Company, LLC ("WAMCo") and certain of WAMCo’s foreign-based affiliates. FTFA and WAMCo are both indirect wholly-owned subsidiaries of Franklin Resources Inc., a global investment management organization operating as Franklin Templeton.

Contact the Fund at 1-888-777-0102 for more information, or visit the Fund’s web site at www.franklintempleton.com/investments/options/closed-end-funds. The information contained on the Fund’s web site is not part of this press release. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Fund.

Category: Fund Announcement Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20240417468410/en/

Media Contact: Lisa Tibbitts

+1 (904) 942-4451

Lisa.Tibbitts@franklintempleton.com

Source: Franklin Resources, Inc. and Legg Mason Closed End Funds

FAQ

Who were elected as Class II Directors of Western Asset High Income Opportunity Fund Inc.?

Paolo M. Cucchi and Jane E. Trust were elected as Class II Directors of the Fund.

Who was ratified as the independent registered public accountants for the Fund?

Stockholders voted to ratify the selection of PricewaterhouseCoopers LLP as independent registered public accountants.

Who manages Western Asset High Income Opportunity Fund Inc.?

The Fund is managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company,

What is the relationship between FTFA, WAMCo, and Franklin Resources Inc.?

FTFA and WAMCo are indirect wholly-owned subsidiaries of Franklin Resources Inc., a global investment management organization.

Where can hard copies of the Fund's complete audited financial statements be obtained?

Hard copies of the Fund's complete audited financial statements are available free of charge upon request.

What is the purpose of the data and commentary provided in the press release?

Data and commentary provided in the press release are for informational purposes only.