Western Asset High Yield Defined Opportunity Fund Inc. (HYI) NYSE

Currency In USD

AD

Western Asset High Yield Defined Opportunity Fund Inc.

Address

One Madison Avenue

New York City, NY 10010

United States of America (the)

Phone

800-822-5544

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

October 27, 2010

Key Executives

NameTitlePayYear Born
Kenneth Donald FullerChairman, Chief Executive Officer and President01958
Stephen Kenneth LeechChief Investment Officer and Portfolio Manager01955
Keith J. GardnerCo-Head of Emerging Markets Debt and Portfolio Manager0N/A
Michael C. BuchananHead of Global Credit and Portfolio Manager0N/A
AD

Description

The Western Asset High Yield Defined Opportunity Fund Inc. functions as a closed-end investment vehicle, concentrating its portfolio on fixed-income assets. Its inception and primary oversight are managed by Legg Mason Partners Fund Advisor, LLC. Additionally, a collective of entities including Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd, and Western Asset Management Company Limited contribute to its co-management. The fund strategically allocates capital across global fixed-income markets, with a particular focus on high-yielding corporate debt instruments. These securities often possess diverse maturity profiles and are typically categorized as below investment grade. Established on July 20, 2010, the fund is legally based in the United States.

AD