Western Asset High Income Fund II closed at $3.41 on Nov 12, down 1.16%, within 2.1% of its 52-week closing low. Volume of 417.9K shares was 1.06× its 20-day average (close to normal).
Split-adjusted performance: -0.3% over one month, -13.7% over six months, -20.3% over one year.
Short interest was 68.8K shares at the Oct 30 settlement, down 59.3% from the prior report (1.0 days to cover).
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Quick answers
What does Western Asset High Income Fund II do?
Western Asset High Income Fund II Inc is a diversified closed-end management investment company. Its primary investment objective is to maximize current income by investing at least 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities.
What is HIX's market cap?
$307.14M, based on the Nov 12 close of $3.41.
Does Western Asset High Income Fund II pay a dividend?
Yes. The latest regular dividend was $0.049 per share (ex-date Oct 23), an annualised yield of 17.24%.
About Western Asset High Income Fund II
Western Asset High Income Fund II Inc is a diversified closed-end management investment company. Its primary investment objective is to maximize current income by investing at least 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
