Western Asset Emerging Markets Debt Fund (EMD) 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 8, 2026.
Summary
On valuation, Western Asset Emerging Markets Debt Fund trades at a lower trailing P/E (5.9x vs 13.6x for Western Asset High Income Opportunity Fund). Western Asset High Income Opportunity Fund offers the higher dividend yield (13.05% vs 12.36%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | EMD | HIO |
|---|---|---|
| Share price | $9.22 | $3.27 |
| 1-day change | 0.00% | +0.15% |
| P/E ratio (TTM) | 5.87 | 13.60 |
| EPS (TTM) | $1.57 | $0.24 |
| Dividend yield | 12.36% | 13.05% |
| Annual dividend | $1.14 | $0.426 |
| 52-week high | $11.30 | $3.89 |
| 52-week low | $9.10 | $3.24 |
| Distance from 52-week high | -18.41% | -16.07% |
| Average volume | 197.59K | 443.45K |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | 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 (13.6x vs 5.9x trailing P/E).
EMD vs HIO FAQ
Which has the lower P/E ratio, EMD or HIO?
EMD has the lower trailing P/E at 5.9, versus 13.6 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, Western Asset Emerging Markets Debt Fund or Western Asset High Income Opportunity Fund?
Western Asset High Income Opportunity Fund has the higher yield at 13.05%, compared with 12.36% for Western Asset Emerging Markets Debt Fund.
Are Western Asset Emerging Markets Debt Fund and Western Asset High Income Opportunity Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.