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
Company Overview
NYSE
Jane Elizabeth Trust
Asset Management
Financial Services
HIX
0
US
USD
800-822-5544
95766J102
0001058239
Liquidity Metrics
0.46
0.13
0.13
0.03
1.25
Sales & Valuation
$46.37M
7.69
0.95
11.42
0.35
Profitability
$0.51
$45.78M
98.73%
98.73%
11.89%
8.09%
P/E Metrics
7.92
0.20
0.20
Analyst Price Target & Rating
3/5
0 Analysts
%
Poll Results
About Western Asset High Income Fund II Inc (NYSE:HIX) Stock
Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in securities of companies that operate across diversified sectors. It invests in high yield debt securities issued by U.S., foreign corporations and foreign governments. The fund employs a combination of quantitative and fundamental analysis with bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and ... the JPMorgan Emerging Markets Bond Index Global. Western Asset High Income Fund II, Inc. was formed on May 28, 1998 and is domiciled in the United States.
HIX: This Fund May Be Exposed To Spirit Airlines Collapse And Is Over-Distributing
2026-05-06 12:33:47
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.
GraniteShares Advisors LLC Purchases Shares of 663,931 Western Asset High Income Fund II Inc. $HIX
2026-04-21 04:46:52
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
Frequently Asked Questions
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What is the current Western Asset High Income Fund II Inc (HIX) stock price?
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Western Asset High Income Fund II Inc(NYSE:HIX) stock price is $3.96 in the last trading session. During the trading session, HIX stock reached the peak price of $4.4 while $3.75 was the lowest point it dropped to. The percentage change in HIX stock occurred in the recent session was --0.5% while the dollar amount for the price change in HIX stock was -$0.02.
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HIX's industry and sector of operation?
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The NYSE listed HIX is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of HIX?
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Christopher Berarducci | Treasurer & Principal Financial Officer
Fred Steven Jensen | Chief Compliance Officer
George Hoyt | Secretary & Chief Legal Officer
Jeanne Marie Kelly | Senior Vice President
Jane Elizabeth Trust | Chairman of the Board, President & Chief Executive Officer -
How many employees does HIX have?
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Number of HIX employees currently stands at 0. HIX operates from One Madison Avenue, New York, NY 10010, US.
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Link for HIX official website?
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How do I contact HIX?
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HIX could be contacted at phone #800-822-5544 and can also be accessed through its website. HIX operates from One Madison Avenue, New York, NY 10010, US.
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How many shares of HIX are traded daily?
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The average number of HIX shares traded daily for last 3 months was 352.37K.
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What is the market cap of HIX currently?
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The market value of HIX currently stands at $356.68M with its latest stock price at $3.96