NEW YORK--(BUSINESS WIRE)--Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) announces its portfolio composition as of December 31, 2011. Investment Objective: The Fund seeks a high current income. Capital appreciation is a secondary objective. Portfolio Composition*: Asset Allocation High Yield Corporate Bonds 82.0% Investment Grade Corporate Bonds 7.0% Emerging Market Debt 2.8 ...

NEW YORK--(BUSINESS WIRE)--Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) announced today the results of the votes cast at the Fund’s annual meeting of shareholders held on January 27, 2012. Paolo M. Cucchi and R. Jay Gerken were elected as Class II Directors of the Fund by shareholders of the Fund’s common stock to hold office until the annual meeting of shareholders in the year ...

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Peace talks update I read the joint statement issued by the GPH and MILF panels after last weeks’s latest round of talks in Malaysia. As expected, it was positive and in general terms with motherhood statements. The media release however by GPH panel chair, Atty Marvic Leonen lamenting the “slow pace” of the talks revealed the behind-the-scene actual situation. My take so far is that the MILF ...