HIO (Western Asset Highome Oppor Fd) 3-Year RORE % : 17.31% (As of Mar. 2026)


HIO Western Asset High Income Oppor Fd Inc HIO
57 GF Score
Price $3.68
GF Value $3.73
Valuation Fairly Valued
! 7 Warning Signs
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What is Western Asset Highome Oppor Fd 3-Year RORE %?

Western Asset Highome Oppor Fd HIO +0.96% 57 3-Year RORE % is 17.31 as of Mar. 2026. GuruFocus rates HIO with a GF Score™ of 57/100 and a GF Value™ of $3.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,532 Asset Management companies, Western Asset Highome Oppor Fd ranks better than 52.94% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Western Asset Highome Oppor Fd's 3-Year RORE % for the quarter that ended in Mar. 2026 was 17.31%.

The industry rank for Western Asset Highome Oppor Fd's 3-Year RORE % or its related term are showing as below:

HIO's 3-Year RORE % is ranked better than
52.94% of 1532 companies
in the Asset Management industry
Industry Median: 12.575 vs HIO: 17.31

Western Asset Highome Oppor Fd  (NYSE:HIO) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Western Asset Highome Oppor Fd 3-Year RORE % Related Terms


Western Asset Highome Oppor Fd 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Western Asset Highome Oppor Fd's 3-Year RORE % 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.

Western Asset Highome Oppor Fd 3-Year RORE % Chart

Western Asset Highome Oppor Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only -370.73 77.13 21.27 -111.32 14.29

Western Asset Highome Oppor Fd Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -39.45 -111.32 -63.41 14.29 17.31

HIO vs CAF, HPF, BKT: 3-Year RORE % Comparison

For the Asset Management subindustry, Western Asset Highome Oppor Fd's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Oppor Fd's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Oppor Fd's 3-Year RORE % falls into.


HIO
57GF Score
Western Asset High Income Oppor Fd Inc HIO
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Highome Oppor Fd 3-Year RORE % Calculation

Western Asset Highome Oppor Fd's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.29-0.353 )/( 0.898-1.262 )
=-0.063/-0.364
=17.31 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 17.31 mean?
Western Asset Highome Oppor Fd (HIO) has a 3-Year RORE % of 17.31 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Western Asset Highome Oppor Fd and its competitors. According to the industry distribution chart, Western Asset Highome Oppor Fd ranks #721 out of 1532 companies in the Asset Management industry, placing it in the top 47.1%.
Is Western Asset Highome Oppor Fd's 3-Year RORE % too high?
Western Asset Highome Oppor Fd's current 3-Year RORE % is 17.31. The Asset Management industry median 3-Year RORE % is 12.58. Western Asset Highome Oppor Fd's value of 17.31 is 37.7% above this industry median. Based on the distribution chart, Western Asset Highome Oppor Fd ranks #721 out of 1532 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Highome Oppor Fd has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Highome Oppor Fd's 3-Year RORE % compare to CAF and HPF?
According to the Asset Management industry distribution chart, Western Asset Highome Oppor Fd ranks #721 out of 1532 companies for 3-Year RORE %. This puts Western Asset Highome Oppor Fd in the upper half of its industry. The industry median 3-Year RORE % is 12.58. Western Asset Highome Oppor Fd's value of 17.31 is 37.7% 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 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.58, based on 1,532 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Highome Oppor Fd's current 3-Year RORE % of 17.31 is 37.7% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Western Asset Highome Oppor Fd and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Highome Oppor Fd's current 3-Year RORE % is 17.31. 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 $3.68 — trading 1.5% below its estimated fair value. The current 3-Year RORE % is 17.31 and 37.7% above the Asset Management industry median of 12.58. Western Asset Highome Oppor Fd's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Western Asset Highome Oppor Fd (HIO), the current 3-Year RORE % is 17.31 as of Mar. 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 $3.68 is trading 1.5% below its estimated GF Value™ of $3.73. GuruFocus considers Western Asset Highome Oppor Fd to be Fairly Valued.

Key valuation signals for HIO:

  • 3-Year RORE %: 17.31
  • GF Value™: $3.73 vs. price of $3.68 (1.5% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 37.7% above the Asset Management median (#721 of 1532)

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

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
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.
57GF Score

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3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.68
Price
$3.73
GF Value