NEW YORK--(BUSINESS WIRE)--Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announces its portfolio composition as of June 30, 2015. Investment Objective: The Fund’s primary investment objective is high income. Capital appreciation is a secondary objective. Portfolio Composition*:       Asset Allocation High Yield Corporate Bonds 88.8% Emerging Market 2.9% Corporates External Currency 2.9% Investment Grade Corporate Bonds 2.9% Bank Loans 1.7% Asset-Backed Securities 0.1% Cash &