UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

_______________________________

Investment Company Act file number: 811-21949

Deutsche High Income Opportunities Fund, Inc.

(Exact name of registrant as specified in charter)

345 Park Avenue
New York, NY 10154

(Address of principal executive offices) (Zip code)

Paul Schubert

60 Wall Street

New York, NY 10005

(Name and address of agent for service)

Registrant's telephone number, including area code: (212) 250-3220

Date of fiscal year end: 9/30

Date of reporting period: 6/30/16

ITEM 1. SCHEDULE OF INVESTMENTS

Investment Portfolioas of June 30, 2016 (Unaudited)

Deutsche High Income Opportunities Fund, Inc.

				Principal Amount ($) (a)				Value ($)
	Corporate Bonds 121.4%
Consumer Discretionary 37.4%
1011778 B.C. Unlimited Liability Co., 144A, 4.625%, 1/15/2022					270,000			272,025
Ally Financial, Inc.:
	3.25%, 2/13/2018				1,765,000			1,765,000
	3.25%, 11/5/2018				825,000			823,969
	3.5%, 1/27/2019				1,445,000			1,435,969
	4.125%, 3/30/2020				1,110,000			1,112,775
	4.25%, 4/15/2021				910,000			908,862
	5.75%, 11/20/2025				1,125,000			1,127,812
Altice Financing SA:
	144A, 6.5%, 1/15/2022				320,000			323,200
	144A, 7.5%, 5/15/2026				1,180,000			1,156,400
Altice Finco SA, 144A, 9.875%, 12/15/2020					420,000			448,088
Altice U.S. Finance I Corp., 144A, 5.5%, 5/15/2026					1,180,000			1,180,000
AMC Entertainment, Inc., 5.875%, 2/15/2022					430,000			432,150
AMC Networks, Inc., 5.0%, 4/1/2024					1,080,000			1,069,065
AmeriGas Finance LLC, 7.0%, 5/20/2022					680,000			717,822
APX Group, Inc., 6.375%, 12/1/2019					375,000			371,250
Asbury Automotive Group, Inc., 6.0%, 12/15/2024					1,905,000			1,919,287
Ashton Woods U.S.A. LLC, 144A, 6.875%, 2/15/2021					620,000			556,450
Avis Budget Car Rental LLC, 5.5%, 4/1/2023					1,285,000			1,265,725
Beacon Roofing Supply, Inc., 6.375%, 10/1/2023					375,000			392,813
Block Communications, Inc., 144A, 7.25%, 2/1/2020					715,000			722,150
Boyd Gaming Corp., 6.875%, 5/15/2023					310,000			330,150
CalAtlantic Group, Inc., 5.25%, 6/1/2026					1,470,000			1,425,900
Caleres, Inc., 6.25%, 8/15/2023					250,000			253,750
CCO Holdings LLC:
	144A, 5.125%, 5/1/2023				830,000			834,669
	144A, 5.5%, 5/1/2026				3,045,000			3,090,675
	144A, 5.875%, 4/1/2024				625,000			648,438
	144A, 5.875%, 5/1/2027				1,035,000			1,068,637
Cequel Communications Holdings I LLC:
	144A, 5.125%, 12/15/2021				1,190,000			1,133,475
	144A, 6.375%, 9/15/2020				1,480,000			1,504,864
Churchill Downs, Inc., 144A, 5.375%, 12/15/2021					314,000			320,673
Clear Channel Worldwide Holdings, Inc.:
	Series A, 6.5%, 11/15/2022				445,000			428,313
	Series B, 6.5%, 11/15/2022				665,000			665,000
	Series A, 7.625%, 3/15/2020				105,000			95,813
	Series B, 7.625%, 3/15/2020				665,000			632,748
Cogeco Communications, Inc., 144A, 4.875%, 5/1/2020					40,000			40,800
CSC Holdings LLC:
	5.25%, 6/1/2024				465,000			423,150
	6.75%, 11/15/2021				1,500,000			1,530,000
Dana Holding Corp., 5.5%, 12/15/2024					385,000			365,750
Delphi Corp., 5.0%, 2/15/2023					490,000			519,400
DISH DBS Corp.:
	4.25%, 4/1/2018				530,000			540,600
	5.125%, 5/1/2020				6,500,000			6,609,687
	6.75%, 6/1/2021				145,000			150,256
Dollar Tree, Inc.:
	144A, 5.25%, 3/1/2020				2,100,000			2,163,000
	144A, 5.75%, 3/1/2023				665,000			706,562
Fiat Chrysler Automobiles NV:
	4.5%, 4/15/2020				740,000			748,325
	5.25%, 4/15/2023				1,071,000			1,064,306
Global Partners LP, 7.0%, 6/15/2023					500,000			417,500
GLP Capital LP:
	4.375%, 4/15/2021				245,000			252,350
	5.375%, 4/15/2026				785,000			808,550
Goodyear Tire & Rubber Co.:
	5.0%, 5/31/2026				1,545,000			1,573,969
	5.125%, 11/15/2023				360,000			371,700
Group 1 Automotive, Inc.:
	5.0%, 6/1/2022				880,000			866,800
	144A, 5.25%, 12/15/2023				1,265,000			1,242,862
Hanesbrands, Inc., 144A, 4.625%, 5/15/2024					640,000			641,600
HD Supply, Inc.:
	144A, 5.25%, 12/15/2021				565,000			589,719
	144A, 5.75%, 4/15/2024				300,000			312,000
	7.5%, 7/15/2020				200,000			209,480
Hot Topic, Inc., 144A, 9.25%, 6/15/2021					285,000			288,563
Jaguar Land Rover Automotive PLC, 144A, 3.5%, 3/15/2020					2,050,000			2,024,375
Lennar Corp., 4.75%, 11/15/2022					890,000			904,462
Live Nation Entertainment, Inc.:
	144A, 5.375%, 6/15/2022				100,000			102,750
	144A, 7.0%, 9/1/2020				675,000			702,844
MDC Partners, Inc., 144A, 6.5%, 5/1/2024					225,000			223,313
Mediacom Broadband LLC:
	5.5%, 4/15/2021				100,000			102,000
	6.375%, 4/1/2023				800,000			836,000
MGM Growth Properties Operating Partnership LP, 144A, 5.625%, 5/1/2024					595,000			629,213
MGM Resorts International, 7.625%, 1/15/2017					385,000			396,550
NCL Corp., Ltd., 144A, 4.625%, 11/15/2020					520,000			519,022
Neptune Finco Corp.:
	144A, 6.625%, 10/15/2025				260,000			273,000
	144A, 10.125%, 1/15/2023				1,015,000			1,136,800
	144A, 10.875%, 10/15/2025				1,150,000			1,314,588
Nielsen Finance LLC, 144A, 5.0%, 4/15/2022					290,000			295,800
Numericable-SFR:
	144A, 6.0%, 5/15/2022				1,455,000			1,414,987
	144A, 7.375%, 5/1/2026				1,570,000			1,552,337
Penske Automotive Group, Inc.:
	5.375%, 12/1/2024				1,360,000			1,312,400
	5.5%, 5/15/2026				575,000			546,250
Quebecor Media, Inc., 5.75%, 1/15/2023					375,000			380,625
Sabre GLBL, Inc.:
	144A, 5.25%, 11/15/2023				120,000			122,100
	144A, 5.375%, 4/15/2023				50,000			51,125
Sally Holdings LLC, 5.625%, 12/1/2025					905,000			947,987
Schaeffler Finance BV, 144A, 4.75%, 5/15/2023					775,000			786,625
Seminole Hard Rock Entertainment, Inc., 144A, 5.875%, 5/15/2021					235,000			235,588
Serta Simmons Bedding LLC, 144A, 8.125%, 10/1/2020					210,000			214,725
Sirius XM Radio, Inc.:
	144A, 5.375%, 7/15/2026				915,000			908,137
	144A, 5.875%, 10/1/2020				405,000			417,656
Springs Industries, Inc., 6.25%, 6/1/2021					565,000			570,650
Starz LLC, 5.0%, 9/15/2019					295,000			300,531
Suburban Propane Partners LP, 5.75%, 3/1/2025					280,000			275,100
Tenneco, Inc., 5.0%, 7/15/2026					480,000			486,898
Toll Brothers Finance Corp., 4.875%, 11/15/2025					590,000			584,100
TRI Pointe Group, Inc.:
	4.375%, 6/15/2019				280,000			281,400
	4.875%, 7/1/2021				2,455,000			2,448,862
Unitymedia Hessen GmbH & Co., KG, 144A, 5.5%, 1/15/2023					1,630,000			1,638,150
UPCB Finance IV Ltd., 144A, 5.375%, 1/15/2025					2,080,000			2,059,200
UPCB Finance V Ltd., 144A, 7.25%, 11/15/2021					67,500			70,369
UPCB Finance VI Ltd., 144A, 6.875%, 1/15/2022					486,000			505,440
Viking Cruises Ltd.:
	144A, 6.25%, 5/15/2025				520,000			392,600
	144A, 8.5%, 10/15/2022				375,000			319,688
Virgin Media Secured Finance PLC:
	144A, 5.25%, 1/15/2026				975,000			943,312
	144A, 5.5%, 8/15/2026				565,000			549,463
Ziggo Bond Finance BV, 144A, 5.875%, 1/15/2025					330,000			318,450
								82,966,318
Consumer Staples 3.7%
Aramark Services, Inc.:
	144A, 4.75%, 6/1/2026				1,875,000			1,837,500
	5.125%, 1/15/2024				370,000			377,400
Barry Callebaut Services NV, 144A, 5.5%, 6/15/2023					345,000			371,324
Cott Beverages, Inc.:
	5.375%, 7/1/2022				855,000			855,000
	6.75%, 1/1/2020				385,000			401,362
FAGE Dairy Industry SA, 144A, 9.875%, 2/1/2020					215,000			223,733
JBS Investments GmbH, 144A, 7.25%, 4/3/2024					470,000			483,959
JBS U.S.A. LLC:
	144A, 5.75%, 6/15/2025				405,000			380,700
	144A, 7.25%, 6/1/2021				1,015,000			1,050,525
	144A, 8.25%, 2/1/2020				295,000			305,325
Performance Food Group, Inc., 144A, 5.5%, 6/1/2024					355,000			361,213
Pilgrim's Pride Corp., 144A, 5.75%, 3/15/2025					395,000			394,012
Pinnacle Foods Finance LLC, 144A, 5.875%, 1/15/2024					110,000			115,088
Post Holdings, Inc., 144A, 6.75%, 12/1/2021					175,000			185,063
Smithfield Foods, Inc., 6.625%, 8/15/2022					18,000			18,849
The WhiteWave Foods Co., 5.375%, 10/1/2022					785,000			839,950
								8,201,003
Energy 8.6%
Antero Resources Corp.:
	5.125%, 12/1/2022				685,000			657,600
	5.375%, 11/1/2021				495,000			483,863
	5.625%, 6/1/2023				400,000			388,000
Blue Racer Midstream LLC, 144A, 6.125%, 11/15/2022					430,000			407,425
Carrizo Oil & Gas, Inc., 6.25%, 4/15/2023					520,000			500,500
Cheniere Corpus Christi Holdings LLC, 144A, 7.0%, 6/30/2024					880,000			903,654
Concho Resources, Inc., 5.5%, 4/1/2023					1,095,000			1,097,737
Continental Resources, Inc.:
	4.5%, 4/15/2023				500,000			466,250
	5.0%, 9/15/2022				2,070,000			2,023,425
Crestwood Midstream Partners LP, 144A, 6.25%, 4/1/2023					190,000			174,800
DCP Midstream Operating LP, 2.7%, 4/1/2019					1,000,000			958,208
Gulfport Energy Corp., 6.625%, 5/1/2023					205,000			201,925
Hilcorp Energy I LP:
	144A, 5.0%, 12/1/2024				375,000			349,650
	144A, 5.75%, 10/1/2025				715,000			682,825
Holly Energy Partners LP, 6.5%, 3/1/2020					205,000			206,025
Ithaca Energy, Inc., 144A, 8.125%, 7/1/2019					325,000			287,625
Laredo Petroleum, Inc., 6.25%, 3/15/2023					610,000			579,500
Memorial Resource Development Corp., 5.875%, 7/1/2022					375,000			374,063
Newfield Exploration Co.:
	5.375%, 1/1/2026				300,000			291,750
	5.75%, 1/30/2022				390,000			394,875
Oasis Petroleum, Inc.:
	6.875%, 3/15/2022				280,000			258,650
	6.875%, 1/15/2023				105,000			95,550
Range Resources Corp., 4.875%, 5/15/2025					815,000			776,287
Rice Energy, Inc., 7.25%, 5/1/2023					105,000			106,575
RSP Permian, Inc., 6.625%, 10/1/2022					575,000			592,250
Sabine Pass Liquefaction LLC:
	5.625%, 2/1/2021				1,240,000			1,252,400
	144A, 5.875%, 6/30/2026				940,000			943,525
Sabine Pass LNG LP, 7.5%, 11/30/2016					565,000			575,735
Sunoco LP:
	144A, 5.5%, 8/1/2020				300,000			296,250
	144A, 6.375%, 4/1/2023				300,000			297,750
Tesoro Corp., 4.25%, 10/1/2017					400,000			409,000
Tesoro Logistics LP:
	6.125%, 10/15/2021				200,000			207,000
	6.375%, 5/1/2024				450,000			471,375
Whiting Petroleum Corp., 6.25%, 4/1/2023					465,000			416,175
WPX Energy, Inc., 7.5%, 8/1/2020					975,000			973,167
								19,101,389
Financials 9.3%
AerCap Aviation Solutions BV, 6.375%, 5/30/2017					1,300,000			1,342,250
AerCap Ireland Capital Ltd.:
	3.95%, 2/1/2022				400,000			400,000
	4.625%, 10/30/2020				670,000			694,622
	5.0%, 10/1/2021				240,000			249,600
Alliance Data Systems Corp., 144A, 5.25%, 12/1/2017					470,000			475,875
CIT Group, Inc.:
	3.875%, 2/19/2019				2,130,000			2,140,650
	5.0%, 8/15/2022				1,000,000			1,017,500
	5.25%, 3/15/2018				1,545,000			1,591,783
CNO Financial Group, Inc.:
	4.5%, 5/30/2020				155,000			160,425
	5.25%, 5/30/2025				315,000			324,450
Dana Financing Luxembourg Sarl, 144A, 6.5%, 6/1/2026					995,000			968,881
E*TRADE Financial Corp.:
	4.625%, 9/15/2023				395,000			399,938
	5.375%, 11/15/2022				345,000			363,975
Equinix, Inc.:
	(REIT), 5.375%, 1/1/2022				460,000			474,950
	(REIT), 5.375%, 4/1/2023				1,275,000			1,316,437
	(REIT), 5.75%, 1/1/2025				345,000			357,075
	(REIT), 5.875%, 1/15/2026				305,000			317,772
International Lease Finance Corp.:
	3.875%, 4/15/2018				1,370,000			1,395,098
	6.25%, 5/15/2019				605,000			648,106
	8.75%, 3/15/2017				1,220,000			1,273,680
Iron Mountain, Inc., 144A, (REIT), 4.375%, 6/1/2021					375,000			377,813
Lincoln Finance Ltd., 144A, 7.375%, 4/15/2021					230,000			238,050
Morgan Stanley, Series H, 5.45%, 7/29/2049					295,000			283,200
MPT Operating Partnership LP:
	(REIT), 6.375%, 2/15/2022				545,000			565,438
	(REIT), 6.375%, 3/1/2024				620,000			660,300
	(REIT), 6.875%, 5/1/2021				550,000			567,875
Neuberger Berman Group LLC, 144A, 5.875%, 3/15/2022					505,000			527,094
The Goldman Sachs Group, Inc., Series L, 5.7%, 12/29/2049					490,000			489,032
VEREIT Operating Partnership LP:
	(REIT), 4.125%, 6/1/2021				755,000			787,556
	(REIT), 4.875%, 6/1/2026				290,000			297,250
								20,706,675
Health Care 10.0%
Alere, Inc., 144A, 6.375%, 7/1/2023					400,000			417,000
Community Health Systems, Inc.:
	5.125%, 8/1/2021				105,000			104,213
	7.125%, 7/15/2020				1,615,000			1,497,250
Concordia International Corp., 144A, 7.0%, 4/15/2023					205,000			174,763
Endo Finance LLC:
	144A, 5.75%, 1/15/2022				420,000			379,008
	144A, 5.875%, 1/15/2023				425,000			368,688
Endo Ltd.:
	144A, 6.0%, 7/15/2023				445,000			389,375
	144A, 6.0%, 2/1/2025				290,000			251,575
Fresenius Medical Care U.S. Finance II, Inc.:
	144A, 5.625%, 7/31/2019				405,000			439,170
	144A, 6.5%, 9/15/2018				210,000			226,800
Fresenius Medical Care U.S. Finance, Inc., 144A, 5.75%, 2/15/2021					235,000			260,850
HCA, Inc.:
	5.25%, 6/15/2026				980,000			1,017,362
	5.875%, 2/15/2026				1,450,000			1,504,375
	6.5%, 2/15/2020				2,155,000			2,383,969
	7.5%, 2/15/2022				804,000			914,148
Hologic, Inc., 144A, 5.25%, 7/15/2022					200,000			209,000
Horizon Pharma, Inc., 6.625%, 5/1/2023					325,000			302,250
IMS Health, Inc., 144A, 6.0%, 11/1/2020					465,000			473,137
LifePoint Health, Inc.:
	144A, 5.375%, 5/1/2024				610,000			611,525
	5.5%, 12/1/2021				515,000			536,887
	5.875%, 12/1/2023				520,000			540,800
Mallinckrodt International Finance SA:
	144A, 4.875%, 4/15/2020				170,000			164,050
	144A, 5.625%, 10/15/2023				310,000			288,688
Tenet Healthcare Corp.:
	4.153% **, 6/15/2020				380,000			375,250
	6.0%, 10/1/2020				1,500,000			1,582,500
	6.25%, 11/1/2018				1,975,000			2,083,625
Valeant Pharmaceuticals International, Inc.:
	144A, 5.375%, 3/15/2020				765,000			653,597
	144A, 5.875%, 5/15/2023				705,000			569,287
	144A, 6.125%, 4/15/2025				2,070,000			1,661,175
	144A, 7.5%, 7/15/2021				1,985,000			1,750,522
								22,130,839
Industrials 10.8%
ADT Corp.:
	3.5%, 7/15/2022				285,000			261,131
	5.25%, 3/15/2020				635,000			669,925
	6.25%, 10/15/2021				880,000			935,000
Aerojet Rocketdyne Holdings, Inc., 7.125%, 3/15/2021					865,000			912,575
Air Lease Corp., 4.75%, 3/1/2020					535,000			572,450
Allegion PLC, 5.875%, 9/15/2023					205,000			217,300
Artesyn Embedded Technologies, Inc., 144A, 9.75%, 10/15/2020					500,000			440,000
Belden, Inc., 144A, 5.5%, 9/1/2022					660,000			664,950
Bombardier, Inc.:
	144A, 5.75%, 3/15/2022				595,000			505,750
	144A, 6.0%, 10/15/2022				485,000			414,675
Carlson Travel Holdings, Inc., 144A, 7.5%, 8/15/2019					250,000			238,750
Casella Waste Systems, Inc., 7.75%, 2/15/2019					425,000			433,766
CNH Industrial Capital LLC, 3.25%, 2/1/2017					1,615,000			1,624,690
Covanta Holding Corp., 5.875%, 3/1/2024					430,000			417,100
CTP Transportation Products LLC, 144A, 8.25%, 12/15/2019					520,000			457,600
DigitalGlobe, Inc., 144A, 5.25%, 2/1/2021					270,000			251,100
DR Horton, Inc., 4.0%, 2/15/2020					185,000			190,550
EnerSys, 144A, 5.0%, 4/30/2023					105,000			103,688
Florida East Coast Holdings Corp., 144A, 6.75%, 5/1/2019					235,000			233,825
FTI Consulting, Inc., 6.0%, 11/15/2022					375,000			393,938
Garda World Security Corp., 144A, 7.25%, 11/15/2021					540,000			436,050
Gates Global LLC, 144A, 6.0%, 7/15/2022					370,000			323,750
Huntington Ingalls Industries, Inc.:
	144A, 5.0%, 12/15/2021				810,000			847,462
	144A, 5.0%, 11/15/2025				360,000			380,700
Manitowoc Foodservice, Inc., 144A, 9.5%, 2/15/2024					250,000			279,375
Masonite International Corp., 144A, 5.625%, 3/15/2023					435,000			451,312
Meritor, Inc.:
	6.25%, 2/15/2024				410,000			350,550
	6.75%, 6/15/2021				975,000			911,625
Moog, Inc., 144A, 5.25%, 12/1/2022					340,000			344,250
OPE KAG Finance Sub, Inc., 144A, 7.875%, 7/31/2023					505,000			497,425
Oshkosh Corp.:
	5.375%, 3/1/2022				322,000			331,660
	5.375%, 3/1/2025				50,000			51,375
Ply Gem Industries, Inc.,  6.5%,  2/1/2022					810,000			793,575
Prime Security Services Borrower LLC, 144A, 9.25%, 5/15/2023					60,000			63,600
SBA Communications Corp., 5.625%, 10/1/2019					370,000			382,025
Spirit AeroSystems, Inc., 5.25%, 3/15/2022					540,000			567,113
Summit Materials LLC:
	6.125%, 7/15/2023				600,000			591,372
	144A, 8.5%, 4/15/2022				250,000			264,688
Titan International, Inc., 6.875%, 10/1/2020					340,000			286,025
TransDigm, Inc., 144A, 6.375%, 6/15/2026					500,000			498,750
Triumph Group, Inc., 5.25%, 6/1/2022					245,000			225,400
United Rentals North America, Inc.:
	6.125%, 6/15/2023				45,000			46,856
	7.375%, 5/15/2020				621,000			645,840
	7.625%, 4/15/2022				565,000			603,137
WESCO Distribution, Inc., 144A, 5.375%, 6/15/2024					490,000			490,000
XPO Logistics, Inc., 144A, 6.5%, 6/15/2022					485,000			462,569
ZF North America Capital, Inc.:
	144A, 4.0%, 4/29/2020				835,000			852,744
	144A, 4.5%, 4/29/2022				1,120,000			1,135,400
	144A, 4.75%, 4/29/2025				900,000			911,808
								23,965,199
Information Technology 7.8%
ACI Worldwide, Inc., 144A, 6.375%, 8/15/2020					205,000			209,613
Activision Blizzard, Inc., 144A, 5.625%, 9/15/2021					1,680,000			1,757,700
Cardtronics, Inc., 5.125%, 8/1/2022					280,000			277,200
CDW LLC:
	5.5%, 12/1/2024				685,000			707,262
	6.0%, 8/15/2022				755,000			788,975
Diamond 1 Finance Corp.:
	144A, 4.42%, 6/15/2021				1,270,000			1,307,174
	144A, 5.875%, 6/15/2021				390,000			397,711
EarthLink Holdings Corp., 7.375%, 6/1/2020					470,000			488,800
Entegris, Inc., 144A, 6.0%, 4/1/2022					290,000			296,888
First Data Corp., 144A, 7.0%, 12/1/2023					600,000			607,500
Freescale Semiconductor, Inc., 144A, 6.0%, 1/15/2022					510,000			537,795
Jabil Circuit, Inc., 5.625%, 12/15/2020					3,750,000			3,946,875
Match Group, Inc., 144A, 6.375%, 6/1/2024					310,000			322,400
Micron Technology, Inc.:
	144A, 5.25%, 8/1/2023				475,000			404,937
	144A, 7.5%, 9/15/2023				950,000			1,009,375
NCR Corp.:
	5.875%, 12/15/2021				105,000			106,575
	6.375%, 12/15/2023				260,000			265,200
NXP BV:
	144A, 3.75%, 6/1/2018				1,125,000			1,147,500
	144A, 4.125%, 6/1/2021				1,100,000			1,116,500
	144A, 4.625%, 6/1/2023				500,000			508,750
Riverbed Technology, Inc., 144A, 8.875%, 3/1/2023					300,000			310,500
Sanmina Corp., 144A, 4.375%, 6/1/2019					50,000			51,125
Western Digital Corp.:
	144A, 7.375%, 4/1/2023				250,000			266,250
	144A, 10.5%, 4/1/2024				425,000			454,750
								17,287,355
Materials 13.5%
Ardagh Packaging Finance PLC:
	144A, 3.653% **, 12/15/2019				640,000			642,400
	144A, 4.625%, 5/15/2023				415,000			408,775
	144A, 6.75%, 1/31/2021				645,000			649,031
	144A, 7.25%, 5/15/2024				760,000			775,675
Ashland, Inc.:
	3.875%, 4/15/2018				1,900,000			1,938,000
	4.75%, 8/15/2022				1,800,000			1,791,000
Ball Corp.:
	4.375%, 12/15/2020				255,000			268,228
	5.25%, 7/1/2025				505,000			526,462
Berry Plastics Corp., 5.5%, 5/15/2022					800,000			819,000
Cascades, Inc., 144A, 5.5%, 7/15/2022					280,000			271,950
Chemours Co.:
	6.625%, 5/15/2023				385,000			327,250
	7.0%, 5/15/2025				175,000			146,781
Clearwater Paper Corp., 144A, 5.375%, 2/1/2025					385,000			385,000
Constellium NV, 144A, 7.875%, 4/1/2021					1,550,000			1,598,437
Coveris Holding Corp., 144A, 10.0%, 6/1/2018					435,000			435,000
Coveris Holdings SA, 144A, 7.875%, 11/1/2019					605,000			587,606
First Quantum Minerals Ltd., 144A, 7.0%, 2/15/2021					806,000			647,822
Freeport-McMoRan, Inc.:
	2.3%, 11/14/2017				1,350,000			1,326,375
	2.375%, 3/15/2018				3,700,000			3,626,000
Hexion, Inc., 6.625%, 4/15/2020					505,000			422,332
Huntsman International LLC, 5.125%, 4/15/2021		EUR			475,000			533,720
Kaiser Aluminum Corp., 144A, 5.875%, 5/15/2024					505,000			518,888
Novelis, Inc., 8.75%, 12/15/2020					3,040,000			3,169,200
Perstorp Holding AB, 144A, 8.75%, 5/15/2017					400,000			400,000
Plastipak Holdings, Inc., 144A, 6.5%, 10/1/2021					500,000			510,000
Platform Specialty Products Corp.:
	144A, 6.5%, 2/1/2022				440,000			385,000
	144A, 10.375%, 5/1/2021				300,000			302,250
Reynolds Group Issuer, Inc.:
	144A, 5.125%, 7/15/2023				625,000			632,812
	5.75%, 10/15/2020				1,785,000			1,843,012
	144A, 7.0%, 7/15/2024				125,000			128,688
Sealed Air Corp.:
	144A, 4.875%, 12/1/2022				230,000			236,613
	144A, 5.125%, 12/1/2024				115,000			118,019
Teck Resources Ltd.:
	144A, 8.0%, 6/1/2021				900,000			927,000
	144A, 8.5%, 6/1/2024				175,000			181,563
Tronox Finance LLC:
	6.375%, 8/15/2020				385,000			285,863
	144A, 7.5%, 3/15/2022				490,000			352,800
United States Steel Corp., 144A, 8.375%, 7/1/2021					1,500,000			1,575,000
WR Grace & Co-Conn:
	144A, 5.125%, 10/1/2021				190,000			195,225
	144A, 5.625%, 10/1/2024				95,000			97,375
								29,986,152
Telecommunication Services 16.8%
CenturyLink, Inc.:
	Series V, 5.625%, 4/1/2020				180,000			186,750
	Series T, 5.8%, 3/15/2022				1,315,000			1,276,786
	Series S, 6.45%, 6/15/2021				1,035,000			1,051,819
	Series W, 6.75%, 12/1/2023				1,010,000			992,325
	Series Y, 7.5%, 4/1/2024				935,000			943,181
CommScope, Inc.:
	144A, 4.375%, 6/15/2020				245,000			252,350
	144A, 5.0%, 6/15/2021				490,000			500,535
CyrusOne LP, 6.375%, 11/15/2022					645,000			670,800
Digicel Group Ltd.:
	144A, 7.125%, 4/1/2022				480,000			357,000
	144A, 8.25%, 9/30/2020				1,885,000			1,573,975
Digicel Ltd.:
	144A, 6.75%, 3/1/2023				745,000			633,250
	144A, 7.0%, 2/15/2020				200,000			185,000
Frontier Communications Corp.:
	6.25%, 9/15/2021				295,000			278,115
	7.125%, 1/15/2023				1,040,000			930,800
	8.5%, 4/15/2020				1,380,000			1,464,525
	10.5%, 9/15/2022				1,285,000			1,359,691
Hughes Satellite Systems Corp., 7.625%, 6/15/2021					435,000			468,114
Intelsat Jackson Holdings SA, 144A, 8.0%, 2/15/2024					1,160,000			1,142,600
Level 3 Financing, Inc.:
	144A, 5.25%, 3/15/2026				440,000			431,200
	5.375%, 8/15/2022				2,145,000			2,166,450
	5.375%, 1/15/2024				360,000			361,350
	5.375%, 5/1/2025				415,000			411,887
	6.125%, 1/15/2021				2,160,000			2,250,698
Millicom International Cellular SA, 144A, 4.75%, 5/22/2020					645,000			648,225
Sprint Communications, Inc., 144A, 7.0%, 3/1/2020					475,000			497,320
Sprint Corp., 7.125%, 6/15/2024					2,250,000			1,794,375
T-Mobile U.S.A., Inc.:
	6.0%, 4/15/2024				2,020,000			2,090,700
	6.125%, 1/15/2022				205,000			214,994
	6.375%, 3/1/2025				1,047,000			1,094,115
	6.464%, 4/28/2019				695,000			706,294
	6.5%, 1/15/2026				30,000			31,650
	6.625%, 11/15/2020				2,200,000			2,268,750
	6.625%, 4/1/2023				1,500,000			1,589,070
Telesat Canada, 144A, 6.0%, 5/15/2017					4,185,000			4,177,153
Wind Acquisition Finance SA, 144A, 6.5%, 4/30/2020					375,000			385,313
Windstream Services LLC, 7.75%, 10/15/2020					160,000			156,800
Zayo Group LLC:
	6.0%, 4/1/2023				970,000			984,550
	6.375%, 5/15/2025				877,000			894,540
								37,423,050
Utilities 3.5%
Calpine Corp.:
	5.375%, 1/15/2023				465,000			453,375
	5.75%, 1/15/2025				465,000			452,213
DPL, Inc., 6.5%, 10/15/2016					184,000			184,000
Dynegy, Inc.:
	7.375%, 11/1/2022				505,000			487,325
	7.625%, 11/1/2024				905,000			868,800
Energy Future Holdings Corp., Series Q, 6.5%, 11/15/2024 *					525,000			262,500
NGL Energy Partners LP, 5.125%, 7/15/2019					370,000			336,700
NRG Energy, Inc.:
	6.25%, 7/15/2022				1,500,000			1,455,000
	6.25%, 5/1/2024				2,275,000			2,165,527
	144A, 7.25%, 5/15/2026				975,000			970,125
Talen Energy Supply LLC, 144A, 4.625%, 7/15/2019					190,000			167,200
								7,802,765
Total Corporate Bonds (Cost $270,435,899)						269,570,745
	Loan Participations and Assignments 13.4%
Senior Loans **
Albertson's LLC, Term Loan B6, 4.75%, 6/22/2023					1,999,338			1,999,088
American Rock Salt Holdings LLC, First Lien Term Loan, 4.75%, 5/20/2021					2,200,100			2,065,344
AmSurg Corp., First Lien Term Loan B, 3.5%, 7/16/2021					558,600			558,296
Avis Budget Car Rental LLC, Term Loan, 3.25%, 3/15/2022					1,074,460			1,077,597
Axalta Coating Systems U.S. Holdings, Inc., Term Loan, 3.75%, 2/1/2020					1,819,528			1,820,238
BE Aerospace, Inc., Term Loan B, 3.75%, 12/16/2021					473,782			475,973
Calpine Corp., Term Loan B5, 3.5%, 5/27/2022					3,366,000			3,335,841
Community Health Systems, Inc.:
	Term Loan G, 3.75%, 12/31/2019				189,331			184,444
	Term Loan H, 4.0%, 1/27/2021				348,363			340,185
DaVita HealthCare Partners, Inc., Term Loan B, 3.5%, 6/24/2021					940,800			944,718
DigitalGlobe, Inc., Term Loan B, 4.75%, 1/31/2020					72,563			72,608
First Data Corp., Term Loan, 4.452%, 3/24/2021					5,293,704			5,284,890
Goodyear Tire & Rubber Co., Second Lien Term Loan, 3.75%, 4/30/2019					2,385,000			2,392,083
Hilton Worldwide Finance LLC, Term Loan B2, 3.5%, 10/26/2020					817,204			818,863
Level 3 Financing, Inc.:
	Term Loan B2, 3.5%, 5/31/2022				860,000			858,173
	Term Loan B, 4.0%, 1/15/2020				115,000			115,072
NRG Energy, Inc., Term Loan B, 2.75%, 7/2/2018					1,626,146			1,614,357
Pinnacle Foods Finance LLC, Term Loan G, 3.25%, 4/29/2020					484,288			484,981
Ply Gem Industries, Inc., Term Loan, 4.0%, 2/1/2021					571,872			567,940
PolyOne Corp., Term Loan B, 3.5%, 11/11/2022					308,452			308,452
Quebecor Media, Inc., Term Loan B1, 3.25%, 8/17/2020					1,546,275			1,525,655
Valeant Pharmaceuticals International, Inc.:
	Term Loan B, 4.5%, 2/13/2019				1,920,067			1,871,471
	Term Loan B, 4.75%, 12/11/2019				656,646			639,409
Vogue International, Inc., Term Loan, 7.25%, 2/14/2020					396,247			396,249
Total Loan Participations and Assignments (Cost $29,917,197)						29,751,927
				Shares				Value ($)
	Cash Equivalents 2.9%
Deutsche Central Cash Management Government Fund, 0.44% (b) (Cost $6,291,315)			6,291,315					6,291,315
				% of Net Assets				Value ($)
Total Investment Portfolio (Cost $306,644,411) †			137.7				305,613,987
Notes Payable			(38.3)				(85,000,000)
Other Assets and Liabilities, Net			0.6				1,404,011
Net Assets			100.0				222,017,998

For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

The following table represents a bond that is in default:

Security	Coupon			Maturity Date	Principal Amount ($)		Cost ($)		Value ($)
Energy Future Holdings Corp.*		6.5	%	11/15/2024	USD	525,000		328,538		262,500

*	Non income producing security.
**	Floating rate securities’ yields vary with a designated market index or market rate, such as the coupon-equivalent of the U.S. Treasury Bill rate. These securities are shown at their current rate as of June 30, 2016.
†	The cost for federal income tax purposes was $306,592,455.  At June 30, 2016, net unrealized depreciation for all securities based on tax cost was $978,468.  This consisted of aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost of $5,695,798 and aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value of $6,674,266.
(a)	Principal amount stated in U.S. dollars unless otherwise noted.
(b)	Affiliated fund managed by Deutsche Investment Management Americas Inc.  The rate shown is the annualized seven-day yield at period end.

144A: Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

REIT: Real Estate Investment Trust

As of June 30, 2016, the Fund had the following open forward foreign currency exchange contracts:

Contracts to Deliver		In Exchange For		Settlement Date	Unrealized Appreciation ($)	Counterparty
EUR	480,000	USD	548,013	7/14/2016	15,169	Citigroup, Inc.

Currency Abbreviations
EUR	Euro
USD	United States Dollar

Fair Value Measurements

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.

The following is a summary of the inputs used as of June 30, 2016 in valuing the Fund’s investments.

Assets			Level 1		Level 2		Level 3		Total
Fixed Income Investments (c)
	Corporate Bonds	$	—	$	269,570,745	$	—	$	269,570,745
	Loan Participations and Assignments		—		29,751,927		—		29,751,927
Short-Term Investments			6,291,315		—		—		6,291,315
Derivatives (d)
	Forward Foreign Currency Exchange Contracts		—		15,169		—		15,169
Total		$	6,291,315	$	299,337,841	$	—	$	305,629,156

There have been no transfers between fair value measurement levels during the period ended June 30, 2016.

(c)	See Investment Portfolio for additional detailed categorizations.
(d)	Derivatives include unrealized appreciation (depreciation) on open forward foreign currency contracts.

Derivatives

The following table presents, by major type of derivative contract, the unrealized appreciation (depreciation) of the Fund's derivative instruments as of June 30, 2016 categorized by the primary underlying risk exposure. 

Primary Underlying Risk Disclosure	Forward Currency Contracts
Foreign Exchange Contracts	$    15,169

ITEM 2.	CONTROLS AND PROCEDURES
	(a) The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.
	(b) There have been no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting.
ITEM 3.	EXHIBITS
	Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant:	Deutsche High Income Opportunities Fund, Inc.
By:	/s/Brian E. Binder Brian E. Binder President
Date:	August 22, 2016

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/Brian E. Binder Brian E. Binder President
Date:	August 22, 2016
By:	/s/Paul Schubert Paul Schubert Chief Financial Officer and Treasurer
Date:	August 22, 2016