Western Asset High Yield Defined Stock News

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. ARDC, PHT and HNW are the top-ranked DxYxZ funds.

Wall Street investment funds won’t let a pandemic and riots stop them from wooing clients.

A barbell investment approach which combines higher- and lower-quality assets has a number of benefits. Higher-quality or dry powder assets provide diversificat

Activists always are hunting for ways that they can make money promoting change.  It's no different than the corporate raiders of the 1980s. The closed-end fund

Closed-end fund investors usually have little influence over the management of their funds, which is one reason why closed-end funds trade at a discount to thei

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE: HYI) today announced the financial position of the Fund as of February 29, 2020.

High yield was punished rather dramatically in the first few weeks of March but has since recovered - primarily because of Fed support. Discounts in the closed-

Ladenburg Thalmann Financial Services Inc. lowered its position in shares of Western Asset High Yield Dfnd Opp FI (NYSE:HYI) by 3.4% in the fourth quarter, according to the company in its most recent

As was previously announced, on February 18, 2020, Franklin Resources, Inc. ("Franklin Resources") and Legg Mason, Inc. ("Legg Mason") announced that they have entered into a definitive agreement for

Global risk markets have experienced the steepest 30 percent decline in history over the last month. We should expect to see some big reversal rallies punctuati

We take a look at the performance of term funds in the current drawdown relative to their sectors. We find that by and large term funds have outperformed their

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Slim pickings in the top DxYxZ list, but DxY reveals some

During Wednesday's morning session, 690 stocks hit new 52-week lows. Intriguing Points: Boeing (NYSE: BA) was the biggest company on a market cap basis to set a new...

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 expl