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Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Net Margin % : 96.42% (As of Sep. 2023)


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What is Western Asset Highome Oppor Fd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Asset Highome Oppor Fd's Net Income for the six months ended in Sep. 2023 was $7.93 Mil. Western Asset Highome Oppor Fd's Revenue for the six months ended in Sep. 2023 was $8.22 Mil. Therefore, Western Asset Highome Oppor Fd's net margin for the quarter that ended in Sep. 2023 was 96.42%.

The historical rank and industry rank for Western Asset Highome Oppor Fd's Net Margin % or its related term are showing as below:

HIO' s Net Margin % Range Over the Past 10 Years
Min: 93.38   Med: 98.63   Max: 100.78
Current: 97.9


HIO's Net Margin % is ranked better than
71.39% of 1671 companies
in the Asset Management industry
Industry Median: 86.04 vs HIO: 97.90

Western Asset Highome Oppor Fd Net Margin % Historical Data

The historical data trend for Western Asset Highome Oppor Fd's Net Margin % 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 Net Margin % Chart

Western Asset Highome Oppor Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
Get a 7-Day Free Trial 99.06 93.38 98.86 100.78 97.90

Western Asset Highome Oppor Fd Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.19 100.92 100.69 98.50 96.42

Competitive Comparison of Western Asset Highome Oppor Fd's Net Margin %

For the Asset Management subindustry, Western Asset Highome Oppor Fd's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Oppor Fd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Oppor Fd's Net Margin % falls into.



Western Asset Highome Oppor Fd Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=28.109/28.712
=97.90 %

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

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=7.928/8.222
=96.42 %

* 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  (NYSE:HIO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Western Asset Highome Oppor Fd Net Margin % Related Terms

Thank you for viewing the detailed overview of Western Asset Highome Oppor Fd's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
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

Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Headlines

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