Is Western Asset High Income Fund II Inc (HIX) a Buy, Sell, or Hold?
NYSE : HIX
Western Asset High Income Fund II Inc
$3.96 USD
-$0.02 (-0.5%)
- Volume
- 275.83K
- Average Volume
- 352.37K
- Market Capitalization
- $356.68M
- P/E Ratio
- 7.92
- Dividend Yield
- 14.85%
- Price Target
- Year High
- $4.40
- Year Low
- $3.75
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.25
- Current Ratio
- $0.13
| Source | Headline |
|---|---|
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HIX: This Fund May Be Exposed To Spirit Airlines Collapse And Is Over-Distributing
The Western Asset High Income Fund II (HIX) offers a 14.74% yield but suffers persistent net asset value (NAV) erosion, raising sustainability concerns. HIX's distribution exceeds net investment income, relying on unrealized gains and capital, which threatens long-term NAV and future payouts. Exposure to Spirit Airlines bankruptcy may result in further portfolio losses, though position size is not dominant but still material. seekingalpha.com - 2026-05-06 12:33:47 |
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GraniteShares Advisors LLC Purchases Shares of 663,931 Western Asset High Income Fund II Inc. $HIX
GraniteShares Advisors LLC acquired a new position in shares of Western Asset High Income Fund II Inc. (NYSE: HIX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 663,931 shares of the closed-end fund's stock, valued at approximately $2,762,000. Western Asset defenseworld.net - 2026-04-21 04:46:52 |
