Western Asset High Yield Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor LLC The fund is comanaged by Western Asset Management Company Western Asset Management Company Pte Ltd Western Asset Management Company Ltd and Western Asset Management Company Limited It invests fixed income markets across the globe The fund invests in higHYIeld corporate fixed income securities with varying maturities It invests in below investment grade fixed income securities Western Asset High Yield Defined Opportunity Fund Inc was formed on July 20 2010 and is domiciled in the United States