NYSE:HIX - Western Asset High Income Fund II Stock Price, News, & Analysis

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$6.42 +0.01 (+0.16 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$6.41
Today's Range$6.40 - $6.42
52-Week Range$5.97 - $7.28
Volume177,730 shs
Average Volume245,208 shs
Market Capitalization$574.98 million
P/E RatioN/A
Dividend Yield8.19%
Beta0.61
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
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
Market Cap$574.98 million

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, August 21st. Shareholders of record on Friday, October 19th will be paid a dividend of $0.0455 per share on Thursday, November 1st. This represents a $0.55 annualized dividend and a yield of 8.50%. The ex-dividend date is Thursday, October 18th. View Western Asset High Income Fund II's Dividend History.

Who are some of Western Asset High Income Fund II's key competitors?

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

Western Asset High Income Fund II's management team includes the folowing people:
  • Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 60)
  • Mr. Richard F. Sennett, Principal Financial Officer (Age 48)
  • Mr. Robert I. Frenkel, Chief Legal Officer and Sec. (Age 64)
  • Mr. Theodore Paul Becker, Chief Compliance officer (Age 67)
  • Mr. Steven Frank, Treasurer (Age 51)

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

Press coverage about HIX stock has trended somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of 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 media and rumor sentiment score of 0.12 on Accern's scale. They also assigned media headlines about the closed-end fund an impact score of 46.04 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Western Asset High Income Fund II.

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

Western Asset High Income Fund II's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Saba Capital Management L.P. (6.09%), Vident Investment Advisory LLC (1.42%), BlackRock Inc. (0.40%), Bank of Montreal Can (0.39%), Shaker Financial Services LLC (0.32%) and Cambridge Investment Research Advisors Inc. (0.19%).

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 Shaker Financial Services LLC, Cambridge Investment Research Advisors Inc., Citadel Advisors LLC and Commonwealth Equity Services LLC.

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

HIX stock was acquired by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., BlackRock Inc., Bank of Montreal Can, Cornerstone Wealth Management LLC, Vident Investment Advisory LLC, Creative Planning and Trustcore Financial Services LLC.

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 $6.42.

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 (NYSE HIX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  49 (Vote Outperform)
Underperform Votes:  57 (Vote Underperform)
Total Votes:  106
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.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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