HIO (Western Asset Highome Oppor Fd) Shares Outstanding (Basic Average): 96.63 Mil (As of Mar. 2026)


HIO Western Asset High Income Oppor Fd Inc HIO
57 GF Score
Price $3.60
GF Value $3.73
Valuation Fairly Valued
! 7 Warning Signs
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What is Western Asset Highome Oppor Fd Shares Outstanding (Basic Average)?

Western Asset Highome Oppor Fd HIO 57 Shares Outstanding (Basic Average) is 96.63 Mil 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.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Western Asset Highome Oppor Fd's average basic shares outstanding for the quarter that ended in Mar. 2026 was 96.63 Mil.

Western Asset Highome Oppor Fd  (NYSE:HIO) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Western Asset Highome Oppor Fd Shares Outstanding (Basic Average) Related Terms

Western Asset Highome Oppor Fd Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Western Asset Highome Oppor Fd's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

Western Asset Highome Oppor Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 104.49 94.56 93.70 94.21 93.44

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
Shares Outstanding (Basic Average) 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 95.09 93.34 117.88 95.10 96.63
HIO
57GF Score
Western Asset High Income Oppor Fd Inc HIO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Highome Oppor Fd Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 96.63 Mil mean?
Western Asset Highome Oppor Fd (HIO) has a Shares Outstanding (Basic Average) of 96.63 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Western Asset Highome Oppor Fd and its competitors.
Is Western Asset Highome Oppor Fd's Shares Outstanding (Basic Average) too high?
Western Asset Highome Oppor Fd's current Shares Outstanding (Basic Average) is 96.63 Mil. 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 Shares Outstanding (Basic Average) compare to EMF and MIY?
Western Asset Highome Oppor Fd's Shares Outstanding (Basic Average) of 96.63 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Western Asset Highome Oppor Fd and its competitors. Western Asset Highome Oppor Fd's current Shares Outstanding (Basic Average) is 96.63 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 $3.60 — trading 3.5% below its estimated fair value. The current Shares Outstanding (Basic Average) is 96.63 Mil. 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Western Asset Highome Oppor Fd (HIO), the current Shares Outstanding (Basic Average) is 96.63 Mil 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 $3.60 is trading 3.5% below its estimated GF Value™ of $3.73. GuruFocus considers Western Asset Highome Oppor Fd to be Fairly Valued.

Key valuation signals for HIO:

  • Shares Outstanding (Basic Average): 96.63 Mil
  • GF Value™: $3.73 vs. price of $3.60 (3.5% below fair value)
  • GF Score™: 57/100 with 7 warning signs

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

Get the complete analysis for HIO

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.60
Price
$3.73
GF Value