Calamos Global Dynamic Income Fund (CHW) vs Western Asset High Income Opportunity Fund (HIO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, Calamos Global Dynamic Income Fund trades at a lower trailing P/E (2.8x vs 13.5x for Western Asset High Income Opportunity Fund). Western Asset High Income Opportunity Fund offers the higher dividend yield (13.15% vs 7.45%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CHW | HIO |
|---|---|---|
| Share price | $8.05 | $3.24 |
| 1-day change | -0.98% | -0.61% |
| P/E ratio (TTM) | 2.82 | 13.50 |
| EPS (TTM) | $2.85 | $0.24 |
| Dividend yield | 7.45% | 13.15% |
| Annual dividend | $0.60 | $0.426 |
| 52-week high | $9.18 | $3.89 |
| 52-week low | $6.98 | $3.24 |
| Distance from 52-week high | -12.31% | -16.71% |
| Average volume | 195.13K | 449.40K |
| Sector | Finance | Finance |
| Industry | Investment Managers | Finance/Investors Services |
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 Income Opportunity Fund trades at a higher earnings multiple (13.5x vs 2.8x trailing P/E).
- Western Asset High Income Opportunity Fund offers a meaningfully higher dividend yield (13.15% vs 7.45%).
About Calamos Global Dynamic Income Fund
CHW stock →Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC.
Finance · Investment Managers
About Western Asset High Income Opportunity Fund
HIO stock →Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Finance/Investors Services
CHW vs HIO FAQ
Which has the lower P/E ratio, CHW or HIO?
CHW has the lower trailing P/E at 2.8, versus 13.5 for HIO. 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 Dynamic Income Fund or Western Asset High Income Opportunity Fund?
Western Asset High Income Opportunity Fund has the higher yield at 13.15%, compared with 7.45% for Calamos Global Dynamic Income Fund.
Are Calamos Global Dynamic Income Fund and Western Asset High Income Opportunity Fund in the same industry?
Both are in the Finance sector, but in different industries: Investment Managers for Calamos Global Dynamic Income Fund and Finance/Investors Services for Western Asset High Income Opportunity Fund.