DoubleLine Opportunistic Credit Fund (DBL) 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, Western Asset High Income Opportunity Fund trades at a lower trailing P/E (13.5x vs 19.8x for DoubleLine Opportunistic Credit Fund). Western Asset High Income Opportunity Fund pays a dividend yielding 13.15%, while DoubleLine Opportunistic Credit Fund does not currently pay one.
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 | DBL | HIO |
|---|---|---|
| Share price | $13.28 | $3.24 |
| 1-day change | +0.08% | -0.61% |
| P/E ratio (TTM) | 19.82 | 13.50 |
| EPS (TTM) | $0.67 | $0.24 |
| Dividend yield | 9.94% | 13.15% |
| Annual dividend | $0.00 | $0.426 |
| 52-week high | $15.79 | $3.89 |
| 52-week low | $12.94 | $3.24 |
| Distance from 52-week high | -15.90% | -16.71% |
| Average volume | 74.80K | 449.40K |
| Sector | Financial Services | Finance |
| Industry | Asset Management | 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
- DoubleLine Opportunistic Credit Fund trades at a higher earnings multiple (19.8x vs 13.5x trailing P/E).
- Western Asset High Income Opportunity Fund offers a meaningfully higher dividend yield (13.15% vs 9.94%).
- The two companies sit in different sectors: DoubleLine Opportunistic Credit Fund in Financial Services and Western Asset High Income Opportunity Fund in Finance.
About DoubleLine Opportunistic Credit Fund
DBL stock →DoubleLine Opportunistic Credit Fund is a close-ended fixed income mutual fund launched and managed by DoubleLine Capital LP. The fund invests in the fixed income markets.
Financial Services · Asset Management
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
DBL vs HIO FAQ
Which has the lower P/E ratio, DBL or HIO?
HIO has the lower trailing P/E at 13.5, versus 19.8 for DBL. 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, DoubleLine Opportunistic Credit Fund or Western Asset High Income Opportunity Fund?
Western Asset High Income Opportunity Fund has the higher yield at 13.15%, compared with 9.94% for DoubleLine Opportunistic Credit Fund.
Are DoubleLine Opportunistic Credit Fund and Western Asset High Income Opportunity Fund in the same industry?
No. DoubleLine Opportunistic Credit Fund is in the Financial Services sector, while Western Asset High Income Opportunity Fund is in Finance.