GDL Fund The (GDL) vs Western Asset High Yield Opportunity Fund (HYI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Western Asset High Yield Opportunity Fund is the larger company by market cap ($124.9 million vs $90.3 million), about 1.4 times the size. On valuation, Western Asset High Yield Opportunity Fund trades at a lower trailing P/E (11.1x vs 12.6x for GDL Fund The).
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 | GDL | HYI |
|---|---|---|
| Share price | $8.41 | $9.75 |
| Market cap | $90.35M | $124.94M |
| 1-day change | +0.96% | +0.41% |
| P/E ratio (TTM) | 12.55 | 11.08 |
| EPS (TTM) | $0.67 | $0.88 |
| Dividend yield | 5.71% | 11.69% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $8.67 | $11.60 |
| 52-week low | $8.01 | $9.61 |
| Distance from 52-week high | -3.00% | -15.95% |
| Average volume | 10.90K | 62.23K |
| Shares outstanding | 10.74M | 12.81M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
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 Yield Opportunity Fund offers a meaningfully higher dividend yield (11.69% vs 5.71%).
About GDL Fund The
GDL stock →The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC.
Finance · Investment Managers
About Western Asset High Yield Opportunity Fund
HYI stock →Western Asset High Yield Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Investment Managers
GDL vs HYI FAQ
Which is bigger, GDL Fund The or Western Asset High Yield Opportunity Fund?
Western Asset High Yield Opportunity Fund (HYI) is larger, with a market capitalization of $124.94M compared with $90.35M for GDL Fund The (GDL).
Which has the lower P/E ratio, GDL or HYI?
HYI has the lower trailing P/E at 11.1, versus 12.6 for GDL. 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, GDL Fund The or Western Asset High Yield Opportunity Fund?
Western Asset High Yield Opportunity Fund has the higher yield at 11.69%, compared with 5.71% for GDL Fund The.
Are GDL Fund The and Western Asset High Yield Opportunity Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.