FS Specialty Lending Fund (FSSL) 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 High Income Opportunity Fund trades at a lower trailing P/E (13.6x vs 19.4x for FS Specialty Lending Fund). Western Asset High Income Opportunity Fund pays a dividend yielding 13.07%, while FS Specialty Lending Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | FSSL | HIO |
|---|---|---|
| Share price | $11.45 | $3.26 |
| Market cap | $869.26M | — |
| 1-day change | -2.05% | -0.61% |
| P/E ratio (TTM) | 19.41 | 13.58 |
| Forward P/E | 7.25 | — |
| EPS (TTM) | $0.59 | $0.24 |
| Dividend yield | 0.00% | 13.07% |
| Annual dividend | $0.00 | $0.426 |
| 52-week high | $15.00 | $3.89 |
| 52-week low | $10.75 | $3.24 |
| Distance from 52-week high | -23.67% | -16.20% |
| Average volume | 289.38K | 443.42K |
| Shares outstanding | 75.92M | — |
| 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
- FS Specialty Lending Fund trades at a higher earnings multiple (19.4x vs 13.6x trailing P/E).
- Western Asset High Income Opportunity Fund offers a meaningfully higher dividend yield (13.07% vs 0.00%).
FSSL vs HIO FAQ
Which has the lower P/E ratio, FSSL or HIO?
HIO has the lower trailing P/E at 13.6, versus 19.4 for FSSL. 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, FS Specialty Lending Fund or Western Asset High Income Opportunity Fund?
Western Asset High Income Opportunity Fund pays a dividend yielding 13.07%, while FS Specialty Lending Fund does not currently pay a regular dividend.
Are FS Specialty Lending 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.