Western Asset Highome Oppor Fd's quarterly market cap
declined
from Mar. 2025 ($378.49 Mil) to Sep. 2025 ($365.18 Mil) and
declined
from Sep. 2025 ($365.18 Mil) to Mar. 2026 ($345.21 Mil).
Western Asset Highome Oppor Fd's annual market cap
increased
from Sep. 2023 ($346.16 Mil) to Sep. 2024 ($385.15 Mil) but then
declined
from Sep. 2024 ($385.15 Mil) to Sep. 2025 ($365.18 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Western Asset Highome Oppor Fd's Enterprise Value for Today is $342.32 Mil.
Western Asset Highome Oppor Fd (NYSE:HIO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Western Asset Highome Oppor Fd Market Cap Related Terms
Western Asset Highome Oppor Fd Market Cap Historical Data
* 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.
For the Asset Management subindustry, Western Asset Highome Oppor Fd's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Asset Highome Oppor Fd Market Cap vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Highome Oppor Fd's Market Cap distribution charts can be found below:
* The bar in red indicates where Western Asset Highome Oppor Fd's Market Cap falls into.
Western Asset Highome Oppor Fd Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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.
Western Asset Highome Oppor Fd (HIO) has a Market Cap of $344.26 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Western Asset Highome Oppor Fd and its competitors. According to the industry distribution chart, Western Asset Highome Oppor Fd ranks #669 out of 1666 companies in the Asset Management industry, placing it in the top 40.2%.
Is Western Asset Highome Oppor Fd's Market Cap too high?
Western Asset Highome Oppor Fd's current Market Cap is $344.26 Mil. The Asset Management industry median Market Cap is 200.66. Western Asset Highome Oppor Fd's value of $344.26 Mil is 71.6% above this industry median. Based on the distribution chart, Western Asset Highome Oppor Fd ranks #669 out of 1666 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Highome Oppor Fd has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Highome Oppor Fd's Market Cap compare to EMF and MIY?
According to the Asset Management industry distribution chart, Western Asset Highome Oppor Fd ranks #669 out of 1666 companies for Market Cap. This puts Western Asset Highome Oppor Fd in the upper half of its industry. The industry median Market Cap is 200.66. Western Asset Highome Oppor Fd's value of $344.26 Mil is 71.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 200.66, based on 1,666 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Highome Oppor Fd's current Market Cap of $344.26 Mil is 71.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Western Asset Highome Oppor Fd and its competitors. For the Asset Management industry, the median Market Cap is 200.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Highome Oppor Fd's current Market Cap is $344.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Highome Oppor Fd stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Highome Oppor Fd (HIO) is currently considered Fairly Valued. The stock's GF Value™ is $3.73, compared to a current price of $3.62 — trading 2.9% below its estimated fair value. The current Market Cap is $344.26 Mil and 71.6% above the Asset Management industry median of 200.66. Western Asset Highome Oppor Fd's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Western Asset Highome Oppor Fd (HIO), the current Market Cap is $344.26 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Asset Highome Oppor Fd (HIO) Overvalued in 2026?
Based on GuruFocus' analysis, Western Asset Highome Oppor Fd stock appears to be undervalued.
The current stock price of $3.62 is trading 2.9% below its estimated GF Value™ of $3.73.
GuruFocus considers Western Asset Highome Oppor Fd to be Fairly Valued.
Key valuation signals for HIO:
Market Cap: $344.26 Mil
GF Value™: $3.73 vs. price of $3.62 (2.9% below fair value)
Industry Position: 71.6% above the Asset Management median (#669 of 1666)
No single metric tells the full story. See the HIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Asset Highome Oppor Fd Business Description
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 a majority of its net assets in high-yield corporate debt securities and the rest in common stock equivalents, including options, warrants, and rights. The company invests in securities of companies from various sectors such as energy, technology, utilities, industrials, communications, finance, and capital goods among others.
52GF Score
Get the complete analysis for HIO
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HIO has been successfully added to your 
