NEW YORK--(BUSINESS WIRE)--Aug 2, 2018--Western Asset High Yield Defined Opportunity Fund Inc. (NYSE: HYI) announces its portfolio composition as of June 30, 2018.

Investment Objective: The Fund’s primary investment objective is high income. Capital appreciation is a secondary objective.

Portfolio Composition*:

(Daily NAV is available on market quotation systems using the symbol XHYIX.)

Western Asset High Yield Defined Opportunity Fund Inc., a non-diversified closed-end investment management company, is advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the advisor.

An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Fixed income securities are subject to credit risk, inflation risk, call risk, and interest rate risks. As interest rates rise, bond prices fall, reducing the value of the Fund's share price. High yield or "junk bonds" are subject to additional risks.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.

For more information, please call Fund Investor Services at 1-888-777-0102, or consult the Fund’s web site at http://www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

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CONTACT: For Western Asset High Yield Defined Opportunity Fund Inc.

Fund Investor Services, 1-888-777-0102

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Western Asset High Yield Defined Opportunity Fund Inc.

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PUB: 08/02/2018 05:00 PM/DISC: 08/02/2018 05:01 PM

http://www.businesswire.com/news/home/20180802005958/en