Gladstone Investment Business Development (GAIN) 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 10, 2026.
Summary
On valuation, Gladstone Investment Business Development trades at a lower trailing P/E (3.6x vs 13.6x for Western Asset High Income Opportunity Fund). Western Asset High Income Opportunity Fund offers the higher dividend yield (13.03% vs 6.30%).
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 | GAIN | HIO |
|---|---|---|
| Share price | $15.25 | $3.27 |
| 1-day change | -0.85% | +0.93% |
| YTD return | +9.16% | — |
| 1-year return | +13.38% | — |
| 5-year return | +3.67% | — |
| P/E ratio (TTM) | 3.65 | 13.63 |
| Forward P/E | 15.02 | — |
| EPS (TTM) | $4.18 | $0.24 |
| Dividend yield | 6.30% | 13.03% |
| Annual dividend | $0.96 | $0.426 |
| 52-week high | $17.14 | $3.89 |
| 52-week low | $13.11 | $3.24 |
| Distance from 52-week high | -11.03% | -15.94% |
| Analyst consensus | none | — |
| Avg. price target upside | +11.48% | — |
| Average volume | 177.55K | 454.29K |
| Sector | Finance | Finance |
| Industry | Finance: Consumer 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 3.6x trailing P/E).
- Western Asset High Income Opportunity Fund offers a meaningfully higher dividend yield (13.03% vs 6.30%).
About Gladstone Investment Business Development
GAIN stock →Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups.
Finance · Finance: Consumer Services
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
GAIN vs HIO FAQ
Which has the lower P/E ratio, GAIN or HIO?
GAIN has the lower trailing P/E at 3.6, 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, Gladstone Investment Business Development or Western Asset High Income Opportunity Fund?
Western Asset High Income Opportunity Fund has the higher yield at 13.03%, compared with 6.30% for Gladstone Investment Business Development.
Are Gladstone Investment Business Development and Western Asset High Income Opportunity Fund in the same industry?
Both are in the Finance sector, but in different industries: Finance: Consumer Services for Gladstone Investment Business Development and Finance/Investors Services for Western Asset High Income Opportunity Fund.