Western Asset High Yield Opportunity Fund (HYI) vs Western Asset Investment Grade Opportunity (IGI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Western Asset High Yield Opportunity Fund is the larger company by market cap ($124.6 million vs $91.8 million), about 1.4 times the size. On valuation, Western Asset High Yield Opportunity Fund trades at a lower trailing P/E (11.0x vs 13.6x for Western Asset Investment Grade Opportunity).
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 | HYI | IGI |
|---|---|---|
| Share price | $9.72 | $15.32 |
| Market cap | $124.55M | $91.82M |
| 1-day change | +0.10% | 0.00% |
| P/E ratio (TTM) | 11.05 | 13.56 |
| EPS (TTM) | $0.88 | $1.13 |
| Dividend yield | 11.74% | 5.56% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $11.60 | $16.93 |
| 52-week low | $9.61 | $15.08 |
| Distance from 52-week high | -16.21% | -9.51% |
| Average volume | 62.23K | 13.51K |
| Shares outstanding | 12.81M | 5.99M |
| 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 (11.74% vs 5.56%).
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
About Western Asset Investment Grade Opportunity
IGI stock →Western Asset Investment Grade Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Investment Managers
HYI vs IGI FAQ
Which is bigger, Western Asset High Yield Opportunity Fund or Western Asset Investment Grade Opportunity?
Western Asset High Yield Opportunity Fund (HYI) is larger, with a market capitalization of $124.55M compared with $91.82M for Western Asset Investment Grade Opportunity (IGI).
Which has the lower P/E ratio, HYI or IGI?
HYI has the lower trailing P/E at 11.0, versus 13.6 for IGI. 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 Yield Opportunity Fund or Western Asset Investment Grade Opportunity?
Western Asset High Yield Opportunity Fund has the higher yield at 11.74%, compared with 5.56% for Western Asset Investment Grade Opportunity.
Are Western Asset High Yield Opportunity Fund and Western Asset Investment Grade Opportunity in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.