Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) (the "Fund") today announced that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two of the leading independent proxy advisory firms, recommend that shareholders vote to approve the new agreements between the Fund and its investment manager and subadvisers.
Each of the Funds listed above announced today that, due to the public health impact of the coronavirus ("COVID-19") pandemic and to support the health and safety of its shareholders, the location of the Special Meeting of Shareholders (the "Meeting") of the Fund has been changed. As previously announced, each Fund’s Meeting will be held on Friday, June 5, 2020 at 9:00 a.m. Eastern Time. In light of public health concerns regarding COVID-19, the Meeting will be held in a virtual meeting format only. Each Meeting will be accessible solely by means of remote communication.
Gurus loaded up on Enterprise Products Partners, dumped Trinet Group Continue reading...
Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) (the "Fund") today announced that, based on certified voting results from the Fund’s 2020 Annual Meeting of Stockholders (the "Annual Meeting"), stockholders have voted to re-elect Robert D. Agdern, Carol L. Colman, CFA and Daniel P. Cronin to the Fund’s Board of Directors.
Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) ("the Fund") today announced that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two of the leading independent proxy advisory firms, recommend that stockholders vote "FOR" the Fund’s highly-qualified director nominees – Robert D. Agdern, Carol L. Colman, CFA and Daniel P. Cronin – and "AGAINST" the Self-Tender Offer/Liquidation Proposal from Saba Capital Management, L.P. ("Saba Capital") by voting on the Proxy Card in connection with the Annual Meeting of Stockholders scheduled for 9:30 a.m. Eastern Time on March 20, 2020.