AI filing briefs

Western Asset High Yield Opportunity Fund Inc. (HYI)

HYI 8-K filings in 2017

Every material Form 8-K Western Asset High Yield Opportunity Fund Inc. filed with the SEC in 2017, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs in 201713 on record in all
Latest filing in 2017Aug 16, 2017other
High impact (4-5)0of 1 brief
ToneNeutral1
Aug 16, 5:44 PM ET

Western Asset High Yield Fund replaces KPMG with PricewaterhouseCoopers as auditor

Neutral other Written later 4.01

On August 14, 2017, KPMG resigned as the independent auditor of Western Asset High Yield Defined Opportunity Fund at the Fund's request, and the Board approved PricewaterhouseCoopers as the new auditor for the fiscal year ending May 31, 2018. The filing states there were no disagreements with KPMG and no reportable events, and KPMG's prior reports contained no adverse opinion or disclaimer, so the change is administrative in nature.

  • KPMG resigned as auditor on August 14, 2017, at the Fund's request.
  • Board approved PricewaterhouseCoopers on August 10, 2017, effective August 14, 2017, for the fiscal year ending May 31, 2018.
  • KPMG's reports for the fiscal year ended May 31, 2017 and the two prior fiscal years contained no adverse opinion, disclaimer, or qualification.
  • The Fund states there were no disagreements with KPMG and no reportable events; KPMG's letter is dated August 16, 2017 (Exhibit 16.1).
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Western Asset High Yield Opportunity Fund Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →