NYSE:HIX - Western Asset High Income Fund II Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$6.54 +0.01 (+0.15 %)
(As of 05/22/2018 06:13 AM ET)
Previous Close$6.53
Today's Range$6.52 - $6.56
52-Week Range$5.97 - $7.37
Volume235,800 shs
Average Volume274,666 shs
Market Capitalization$574.98 million
P/E RatioN/A
Dividend Yield8.19%
Beta0.61

About Western Asset High Income Fund II (NYSE:HIX)

Western Asset High Income Fund II Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 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. In addition, the Fund may invest approximately 35% of its total assets in debt securities of issuers located in emerging market countries. It may also invest approximately 30% of its assets in zero coupon securities, pay-in-kind bonds and deferred payment securities, and approximately 20% of its assets in equity securities. Legg Mason Partners Fund Advisor, LLC is the Fund's investment manager. Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. are the Fund's sub-advisors.

Receive HIX News and Ratings via Email

Sign-up to receive the latest news and ratings for HIX and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:HIX
CUSIPN/A
Phone+1-800-4512010

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares86,200,000

Western Asset High Income Fund II (NYSE:HIX) Frequently Asked Questions

What is Western Asset High Income Fund II's stock symbol?

Western Asset High Income Fund II trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIX."

How often does Western Asset High Income Fund II pay dividends? What is the dividend yield for Western Asset High Income Fund II?

Western Asset High Income Fund II declared a monthly dividend on Tuesday, May 15th. Stockholders of record on Friday, August 24th will be given a dividend of $0.0455 per share on Tuesday, September 4th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 8.35%. The ex-dividend date is Thursday, August 23rd. View Western Asset High Income Fund II's Dividend History.

Who are Western Asset High Income Fund II's key executives?

Western Asset High Income Fund II's management team includes the folowing people:
  • Jane E. Trust, Chairman of the Board, President, Chief Executive Officer (Age 55)
  • Richard F. Sennett, Principal Financial Officer (Age 47)
  • Todd F. Kuehl, Chief Compliance Officer (Age 47)
  • Steven Frank, Treasurer (Age 50)
  • Jenna Bailey, Identity Theft Prevention Officer (Age 39)
  • Robert I. Frenkel, Secretary, Chief Legal Officer (Age 63)
  • William R. Hutchinson, Lead Independent Director (Age 75)
  • Robert D. Agdern, Independent Director (Age 67)
  • Carol L. Colman, Independent Director (Age 71)
  • Daniel P. Cronin, Independent Director (Age 71)

Has Western Asset High Income Fund II been receiving favorable news coverage?

News stories about HIX stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Asset High Income Fund II earned a coverage optimism score of 0.04 on Accern's scale. They also assigned press coverage about the closed-end fund an impact score of 46.59 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Western Asset High Income Fund II's major shareholders?

Western Asset High Income Fund II's stock is owned by many different of institutional and retail investors. Top institutional shareholders include UBS Group AG (5.70%), Saba Capital Management L.P. (3.06%), Guggenheim Capital LLC (1.05%), Shaker Financial Services LLC (0.48%), 1607 Capital Partners LLC (0.46%) and RMB Capital Management LLC (0.31%). View Institutional Ownership Trends for Western Asset High Income Fund II.

Which major investors are selling Western Asset High Income Fund II stock?

HIX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Doliver Capital Advisors LP, Shaker Financial Services LLC, Windsor Capital Management LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Western Asset High Income Fund II.

Which major investors are buying Western Asset High Income Fund II stock?

HIX stock was purchased by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., UBS Group AG, 1607 Capital Partners LLC, Vivaldi Capital Management LLC, SG Americas Securities LLC, RMB Capital Management LLC, LPL Financial LLC and Segall Bryant & Hamill LLC. View Insider Buying and Selling for Western Asset High Income Fund II.

How do I buy shares of Western Asset High Income Fund II?

Shares of HIX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Western Asset High Income Fund II's stock price today?

One share of HIX stock can currently be purchased for approximately $6.54.

How big of a company is Western Asset High Income Fund II?

Western Asset High Income Fund II has a market capitalization of $574.98 million.

How can I contact Western Asset High Income Fund II?

Western Asset High Income Fund II's mailing address is 620 8th Ave Fl 49, NEW YORK, NY 10018-1427, United States. The closed-end fund can be reached via phone at +1-800-4512010.


MarketBeat Community Rating for Western Asset High Income Fund II (HIX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  40 (Vote Outperform)
Underperform Votes:  47 (Vote Underperform)
Total Votes:  87
MarketBeat's community ratings are surveys of what our community members think about Western Asset High Income Fund II and other stocks. Vote "Outperform" if you believe HIX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HIX will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Western Asset High Income Fund II (NYSE:HIX) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/22/2016 forward)

Earnings

Dividends

Western Asset High Income Fund II (NYSE:HIX) Dividend Information

Western Asset High Income Fund II pays an annual dividend of $0.55 per share, with a dividend yield of 8.41%. HIX's next monthly dividend payment will be made on Tuesday, September 4.
Next Dividend:9/4/2018
Annual Dividend:$0.55
Dividend Yield:8.41%
Dividend Growth:-10.10% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Monthly Dividend
Dividend Payments by Quarter for Western Asset High Income Fund II (NYSE:HIX)

Western Asset High Income Fund II (NYSE:HIX) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/15/2018monthly$0.04558.4%8/23/20188/24/20189/4/2018
5/15/2018monthly$0.04558.4%6/21/20186/22/20187/2/2018
5/15/2018monthly$0.04558.4%7/19/20187/20/20188/1/2018
2/16/2018monthly$0.04558.19%3/22/20183/23/20184/2/2018
2/16/2018monthly$0.04558.19%5/24/20185/25/20186/1/2018
2/16/2018monthly$0.04558.19%4/19/20184/20/20185/1/2018
11/14/2017monthly$0.04607.99%2/15/20182/16/20183/1/2018
11/14/2017monthly$0.04607.99%1/18/20181/19/20182/1/2018
11/14/2017monthly$0.04607.99%12/21/201712/22/201712/29/2017
8/15/2017monthly$0.04908.22%10/19/201710/20/201711/1/2017
8/15/2017monthly$0.04908.22%9/21/20179/22/201710/2/2017
8/15/2017monthly$0.04908.22%11/22/201711/24/201712/1/2017
5/18/2017monthly$0.058.15%7/19/20177/21/20178/1/2017
5/18/2017monthly$0.058.15%8/23/20178/25/20179/1/2017
5/18/2017monthly$0.058.15%6/21/20176/23/20177/3/2017
5/21/2015monthly$0.069010.29%8/19/20158/21/20158/28/2015
5/21/2015monthly$0.069010.29%6/17/20156/19/20156/26/2015
5/21/2015monthly$0.069010.29%7/22/20157/24/20157/31/2015
2/19/2015monthly$0.069010.25%4/15/20154/17/20154/24/2015
2/19/2015monthly$0.069010.25%3/18/20153/20/20153/27/2015
2/19/2015monthly$0.069010.25%5/20/20155/22/20155/29/2015
11/19/2014monthly$0.06909.67%12/17/201412/19/201412/26/2014
11/19/2014monthly$0.06909.67%2/18/20152/20/20152/27/2015
11/19/2014monthly$0.06909.67%1/21/20151/23/20151/30/2015
8/18/2014monthly$0.06908.94%10/22/201410/24/201410/31/2014
8/18/2014monthly$0.06908.94%11/19/201411/21/201411/28/2014
8/18/2014monthly$0.06908.94%9/17/20149/19/20149/26/2014
(Data available from 1/1/2013 forward)

Insider Trades

Western Asset High Income Fund II (NYSE HIX) Insider Trading and Institutional Ownership History

Insider Trading History for Western Asset High Income Fund II (NYSE:HIX)
Institutional Ownership by Quarter for Western Asset High Income Fund II (NYSE:HIX)

Western Asset High Income Fund II (NYSE HIX) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Western Asset High Income Fund II (NYSE HIX) News Headlines

Source:
DateHeadline
Western Asset High Income Plans Monthly Dividend of $0.05 (HIX)Western Asset High Income Plans Monthly Dividend of $0.05 (HIX)
www.americanbankingnews.com - May 15 at 5:37 PM
Western Asset High Income (HIX) Plans $0.05 Monthly DividendWestern Asset High Income (HIX) Plans $0.05 Monthly Dividend
www.americanbankingnews.com - May 15 at 5:37 PM
Western Asset High Income Declares Monthly Dividend of $0.05 (HIX)Western Asset High Income Declares Monthly Dividend of $0.05 (HIX)
www.americanbankingnews.com - May 15 at 5:37 PM
CORRECTING and REPLACING Western Asset High Income Fund II Inc. Portfolio Composition as of March 31, 2018CORRECTING and REPLACING Western Asset High Income Fund II Inc. Portfolio Composition as of March 31, 2018
finance.yahoo.com - May 1 at 4:13 PM
Western Asset High Income Fund II Inc. Announces Financial Position as of January 31, 2018Western Asset High Income Fund II Inc. Announces Financial Position as of January 31, 2018
finance.yahoo.com - March 20 at 9:56 AM
Western Asset High Income Fund II Inc. (HIX) Plans $0.05 Monthly DividendWestern Asset High Income Fund II Inc. (HIX) Plans $0.05 Monthly Dividend
www.americanbankingnews.com - February 16 at 6:22 PM
Western Asset High Income Fund II Inc. (HIX) Declares $0.05 Monthly DividendWestern Asset High Income Fund II Inc. (HIX) Declares $0.05 Monthly Dividend
www.americanbankingnews.com - February 16 at 6:22 PM
Western Asset High Income Fund II Inc. (HIX) to Issue Monthly Dividend of $0.05Western Asset High Income Fund II Inc. (HIX) to Issue Monthly Dividend of $0.05
www.americanbankingnews.com - February 16 at 6:22 PM
Western Asset High Income Fund II Inc. Portfolio Composition as of December 31, 2017Western Asset High Income Fund II Inc. Portfolio Composition as of December 31, 2017
finance.yahoo.com - February 6 at 8:58 AM
Western Asset High Income Fund II Inc. (HIX) Announces $0.05 Monthly DividendWestern Asset High Income Fund II Inc. (HIX) Announces $0.05 Monthly Dividend
www.americanbankingnews.com - November 14 at 5:34 PM
Western Asset High Income Fund II Inc. Announces Monthly Dividend of $0.05 (HIX)Western Asset High Income Fund II Inc. Announces Monthly Dividend of $0.05 (HIX)
www.americanbankingnews.com - November 14 at 5:34 PM
Western Asset High Income Fund II Inc. Portfolio Composition as of September 30, 2017Western Asset High Income Fund II Inc. Portfolio Composition as of September 30, 2017
finance.yahoo.com - November 8 at 9:31 AM
Western Asset High Income Fund II Inc. Portfolio Composition as of September 30, 2017Western Asset High Income Fund II Inc. Portfolio Composition as of September 30, 2017
finance.yahoo.com - November 8 at 9:31 AM
Western Asset High Income Fund II Inc. Announces Results of Annual Meeting of ShareholdersWestern Asset High Income Fund II Inc. Announces Results of Annual Meeting of Shareholders
finance.yahoo.com - October 5 at 12:14 PM
Western Asset High Income Fund II declares $0.049 dividendWestern Asset High Income Fund II declares $0.049 dividend
seekingalpha.com - September 20 at 8:08 PM
Western Asset High Income Fund II Inc. Announces Financial Position as of July 31, 2017Western Asset High Income Fund II Inc. Announces Financial Position as of July 31, 2017
finance.yahoo.com - September 6 at 5:34 AM
Western Asset High Income Fund II Inc. Declares Monthly Dividend of $0.05 (HIX)Western Asset High Income Fund II Inc. Declares Monthly Dividend of $0.05 (HIX)
www.americanbankingnews.com - August 15 at 6:53 PM
Western Asset High Income Fund II Inc. Portfolio Composition as of June 30, 2017Western Asset High Income Fund II Inc. Portfolio Composition as of June 30, 2017
finance.yahoo.com - August 4 at 7:46 PM
Western Asset High Income Fund II Inc. (HIX)Western Asset High Income Fund II Inc. (HIX)
finance.yahoo.com - July 19 at 8:27 PM
Form SC 13G/A WESTERN ASSET MUNICIPAL Filed by: FIRST TRUST PORTFOLIOS LPForm SC 13G/A WESTERN ASSET MUNICIPAL Filed by: FIRST TRUST PORTFOLIOS LP
www.streetinsider.com - January 20 at 5:30 AM
Western Asset High Income Fund II Inc. Portfolio...Western Asset High Income Fund II Inc. Portfolio...
www.benzinga.com - August 1 at 10:11 AM
CORRECTING and REPLACING Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of ... - Business Wire (press release)CORRECTING and REPLACING Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of ... - Business Wire (press release)
www.businesswire.com - February 19 at 2:55 PM
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2016 - Business Wire (press release)Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2016 - Business Wire (press release)
www.businesswire.com - February 18 at 2:37 PM
Western Asset High Income Fund II Inc. (HIX) Ex-Dividend Date Scheduled for February 17, 2016 - NasdaqWestern Asset High Income Fund II Inc. (HIX) Ex-Dividend Date Scheduled for February 17, 2016 - Nasdaq
www.nasdaq.com - February 17 at 2:17 PM
Western Asset High Income Fund II Inc. (HIX) Ex-Dividend Date Scheduled for ... - NasdaqWestern Asset High Income Fund II Inc. (HIX) Ex-Dividend Date Scheduled for ... - Nasdaq
www.nasdaq.com - January 19 at 6:34 PM

SEC Filings

Western Asset High Income Fund II (NYSE:HIX) SEC Filings

This page is loading this company's SEC Filings. Please wait...

Social Media

Financials

Western Asset High Income Fund II (NYSE:HIX) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Western Asset High Income Fund II (NYSE HIX) Stock Chart for Tuesday, May, 22, 2018

Loading chart…

This page was last updated on 5/22/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.