MetaCap

Calamos Global Total Return Fund (CGO) vs Western Asset High Yield Opportunity Fund (HYI)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Western Asset High Yield Opportunity Fund is the larger company by market cap ($124.9 million vs $123.2 million), about 1.0 times the size. On valuation, Calamos Global Total Return Fund trades at a lower trailing P/E (2.8x vs 11.1x for Western Asset High Yield Opportunity Fund). Calamos Global Total Return Fund pays a dividend yielding 7.66%, while Western Asset High Yield Opportunity Fund does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CGO-2.34%HYI+0.26%
+0%-1%-2%
Oct 7, 20261 yearOct 9, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CGO versus HYI key metrics
MetricCGOHYI
Share price$12.54$9.75
Market cap$123.23M$124.94M
1-day change-0.20%+0.41%
P/E ratio (TTM)2.8111.08
EPS (TTM)$4.47$0.88
Dividend yield7.66%11.69%
Annual dividend$0.96$0.00
52-week high$14.20$11.60
52-week low$10.71$9.61
Distance from 52-week high-11.69%-15.95%
Average volume27.29K62.23K
Shares outstanding9.83M12.81M
SectorFinanceFinance
IndustryInvestment ManagersInvestment Managers

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Western Asset High Yield Opportunity Fund trades at a higher earnings multiple (11.1x vs 2.8x trailing P/E).
  • Western Asset High Yield Opportunity Fund offers a meaningfully higher dividend yield (11.69% vs 7.66%).

About Calamos Global Total Return Fund

CGO stock →

Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC.

Finance · Investment Managers

About Western Asset High Yield Opportunity Fund

HYI stock →

Western Asset High Yield Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.

Finance · Investment Managers

CGO vs HYI FAQ

Which is bigger, Calamos Global Total Return Fund or Western Asset High Yield Opportunity Fund?

Western Asset High Yield Opportunity Fund (HYI) is larger, with a market capitalization of $124.94M compared with $123.23M for Calamos Global Total Return Fund (CGO).

Which has the lower P/E ratio, CGO or HYI?

CGO has the lower trailing P/E at 2.8, versus 11.1 for HYI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Calamos Global Total Return Fund or Western Asset High Yield Opportunity Fund?

Western Asset High Yield Opportunity Fund has the higher yield at 11.69%, compared with 7.66% for Calamos Global Total Return Fund.

Are Calamos Global Total Return Fund and Western Asset High Yield Opportunity Fund in the same industry?

Yes. Both are classified in the Investment Managers industry within the Finance sector.

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