Western Asset High Income Opportunity Fund (HIO) vs Nuveen Core Equity Alpha Fund (JCE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, Nuveen Core Equity Alpha Fund trades at a lower trailing P/E (5.5x vs 13.5x for Western Asset High Income Opportunity Fund). Western Asset High Income Opportunity Fund pays a dividend yielding 13.15%, while Nuveen Core Equity Alpha 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 | HIO | JCE |
|---|---|---|
| Share price | $3.24 | $16.96 |
| 1-day change | -0.61% | -0.76% |
| P/E ratio (TTM) | 13.50 | 5.54 |
| EPS (TTM) | $0.24 | $3.06 |
| Dividend yield | 13.15% | 8.58% |
| Annual dividend | $0.426 | $0.00 |
| 52-week high | $3.89 | $17.45 |
| 52-week low | $3.24 | $13.99 |
| Distance from 52-week high | -16.71% | -2.81% |
| Average volume | 449.40K | 33.66K |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
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 (13.5x vs 5.5x trailing P/E).
- Western Asset High Income Opportunity Fund offers a meaningfully higher dividend yield (13.15% vs 8.58%).
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.
Financial Services · Asset Management
About Nuveen Core Equity Alpha Fund
JCE stock →Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management.
Financial Services · Asset Management
HIO vs JCE FAQ
Which has the lower P/E ratio, HIO or JCE?
JCE has the lower trailing P/E at 5.5, versus 13.5 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 High Income Opportunity Fund or Nuveen Core Equity Alpha Fund?
Western Asset High Income Opportunity Fund has the higher yield at 13.15%, compared with 8.58% for Nuveen Core Equity Alpha Fund.
Are Western Asset High Income Opportunity Fund and Nuveen Core Equity Alpha Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.