Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Total Assets : $401.87 Mil (As of Sep. 2023)

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What is Western Asset Highome Oppor Fd Total Assets?

Western Asset Highome Oppor Fd's Total Assets for the quarter that ended in Sep. 2023 was $401.87 Mil.

During the past 12 months, Western Asset Highome Oppor Fd's average Total Assets Growth Rate was -1.00% per year. During the past 3 years, the average Total Assets Growth Rate was -16.20% per year. During the past 5 years, the average Total Assets Growth Rate was -12.90% per year.

During the past 7 years, Western Asset Highome Oppor Fd's highest 3-Year average Total Assets Growth Rate was -2.90%. The lowest was -17.50%. And the median was -12.90%.

Total Assets is connected with ROA %. Western Asset Highome Oppor Fd's annualized ROA % for the quarter that ended in Sep. 2023 was 3.91%. Total Assets is also linked to Revenue through Asset Turnover. Western Asset Highome Oppor Fd's Asset Turnover for the quarter that ended in Sep. 2023 was 0.02.

Western Asset Highome Oppor Fd Total Assets Historical Data

The historical data trend for Western Asset Highome Oppor Fd's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Asset Highome Oppor Fd Total Assets Chart

Western Asset Highome Oppor Fd Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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722.77

686.02

526.60

408.70

401.87

Western Asset Highome Oppor Fd Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial								526.60	478.18	408.70	408.63	401.87

Western Asset Highome Oppor Fd Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Western Asset Highome Oppor Fd's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	394.812	+	7.061
	=	401.87

Western Asset Highome Oppor Fd's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	394.812	+	7.061
	=	401.87

Western Asset Highome Oppor Fd (NYSE:HIO) Total Assets Explanation

Total Assets is connected with ROA %.

Western Asset Highome Oppor Fd's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	15.856	/	( (408.628	+	401.873)	/ 2 )
	=	15.856	/	405.2505
	=	3.91 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Western Asset Highome Oppor Fd's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	8.222	/	( (408.628	+	401.873)	/ 2 )
=	8.222	/	405.2505
=	0.02

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Western Asset Highome Oppor Fd Total Assets Related Terms

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Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset High Income Oppor Fd Inc (NYSE:HIO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018

Website

https://www.leggmason.com

Western Asset High Income Oppor Fd Inc is a diversified closed-end management investment company. The company's primary objective is to seek high current income and the secondary objective is capital appreciation. It invests in various sectors such as auto components, hotels, restaurants and leisure, household durables, food & staples, energy, banks, capital markets, consumer finance, insurance, pharmaceuticals, aerospace and defense, and others.

Executives

Oliveira Marc De	officer: Secretary/Chief Legal Officer	C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A.	other: Secretary/GC Subadviser	WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Carol L Colman	director	278 HAWLEY RD, NORTH SALEM NY 10560
Daniel P Cronin	director	235 EAST 42ND ST, NEW YORK NY 10017
Andrew J. Bowden	other: COO/Subadviser	WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
William R Hutchinson	director	535 N MICHIGAN STE 1012, CHICAGO IL 60611
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Laura F Fergerson	other: Manager/Investment Manager	3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes	other: Manager/Investment Manager	100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt	officer: Secretary and Ch Lgl Officer	C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls	other: Director of Sub-Adviser	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson	other: Director of Sub-Adviser	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker	other: Director of Sub-Adviser	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Fred Steven Jensen	officer: Chief Compliance Officer	LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci	officer: Treas/Principal Finan Officer	LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018