HYI:NYE-Western Asset High Yield Defined Opportunity Fund Inc. (USD)

ETF | Computer Hardware | New York Stock Exchange

Last Closing

USD 11.95

Change

-0.05 (-0.42)%

Market Cap

USD 0.34B

Volume

0.11M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The Fund seeks high income with capital appreciation as a secondary objective through investments in a portfolio of high yield corporate bonds of varying maturities. Under normal market conditions the Fund will invest at least 80% of its net assets in a portfolio of high-yield corporate fixed income securities rated below investment grade. The Fund may also invest up to 20% of its net assets in fixed income securities issued by U.S or foreign governments, agencies, and instrumentalities and/or fixed income securities that are investment grade quality. The Fund does not intend to utilize leverage. Unless approval to shorten or extend the life of the Fund is granted the Fund will terminate its existence on or about September 30, 2025.

Inception Date: 14/02/2012

Primary Benchmark: Not Benchmarked

Primary Index: Barclays Global High Yield TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.25 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for Computer Hardware

Symbol Name Mer Price(Change) Market Cap
ANET Arista Networks 0.00 %

+0.28 (+0.25%)

USD 142.11B
DELL Dell Technologies Inc 0.00 %

+3.05 (+2.63%)

USD 81.09B
HPQ HP Inc 0.00 %

+0.29 (+0.88%)

USD 30.89B
PSTG Pure Storage Inc 0.00 %

-0.60 (-0.93%)

USD 21.01B
IONQ IONQ Inc 0.00 %

-3.10 (-6.98%)

USD 7.32B
QBTS D-Wave Quantum Inc. 0.00 %

+1.71 (+26.55%)

USD 1.24B
DDD 3D Systems Corporation 0.00 %

-0.14 (-4.00%)

USD 0.48B
MKFG Markforged Holding Corp 0.00 %

-0.06 (-1.98%)

USD 0.09B
UAVS Ageagle Aerial Systems Inc 0.00 %

-0.32 (-9.20%)

USD 0.04B
DM Desktop Metal Inc 0.00 %

-0.46 (-16.14%)

N/A

ETFs Containing HYI

N/A

Market Performance

  Market Performance vs. Industry/Classification (Computer Hardware) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.16% 55% F 34% F
Dividend Return 9.43% 100% F 92% A
Total Return 8.27% 55% F 51% F
Trailing 12 Months  
Capital Gain -0.08% 55% F 37% F
Dividend Return 9.53% 100% F 91% A-
Total Return 9.45% 55% F 54% F
Trailing 5 Years  
Capital Gain -23.10% 43% F 25% F
Dividend Return 36.67% 100% F 89% A-
Total Return 13.56% 43% F 41% F
Average Annual (5 Year Horizon)  
Capital Gain -3.69% 27% F 16% F
Dividend Return 3.62% 27% F 38% F
Total Return 7.31% 100% F 92% A
Risk Return Profile  
Volatility (Standard Deviation) 15.75% 100% F 65% D
Risk Adjusted Return 23.01% 36% F 38% F
Market Capitalization 0.34B N/A N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.