Article: High Income Opportunity Fund as of September 30, 2003.

NEW YORK, Oct. 17 /PRNewswire/ -- High Income Opportunity Fund Inc. as of September 30, 2003

Investment Objective: The Fund seeks a high current income. Capital appreciation is a secondary objective.

 
  Portfolio Composition* 
 
  Asset Allocations: 
  High Yield85.86% 
  Investment Grade  10.05 
  Cash & Other Assets   4.09 
 
  High Yield Allocation: 
  US   76.73% 
  Canada5.03 
  UK2.17 
  France1.16 
  Ireland   0.41 
  Cayman0.19 
  Netherlands   0.18 
 
 
  High Yield Allocation: Top 10 Sectors 
 
  Cable & Media 11.93% 
  Energy 9.31 
  Telecommunications   ...

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