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.
Industry, Sector and Symbol:
- Market Cap: $624.12 million
- Outstanding Shares: 86,204,000
- 50 Day Moving Avg: $7.19
- 200 Day Moving Avg: $7.25
- 52 Week Range: $6.53 - $7.46
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Average Volume: 207,015 shs.
Frequently Asked Questions for Western Asset High Income Fund II (NYSE:HIX)
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 15th. Investors of record on Friday, October 20th will be given a dividend of $0.049 per share on Wednesday, November 1st. This represents a $0.59 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date is Thursday, October 19th. View Western Asset High Income Fund II's Dividend History.
Who are some of Western Asset High Income Fund II's key competitors?
Some companies that are related to Western Asset High Income Fund II include TPG Specialty Lending (TSLX), Liberty All-Star Equity Fund (USA), Hercules Capital (HTGC), Eaton Vance Tax Managed Buy Write Opport (ETV), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Ithaca Energy (IAE), Invesco California Value Municipal Income Trust (VCV), Triangle Capital Corporation (TCAP), PennantPark Investment Corporation (PNNT), PennantPark Floating Rate Capital (PFLT), Foresight Solar Fund Ltd (FSFL), MFS Charter Income Trust (MCR), TICC Capital Corp. (TICC), Medley Capital Corporation (MCC), WhiteHorse Finance (WHF), THL Credit (TCRD) and Solar Senior Capital (SUNS).
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
- Richard F. Sennett, Principal Financial Officer
- Ted P. Becker, Chief Compliance Officer
- Steven Frank, Treasurer
- Jenna Bailey, Identity Theft Prevention Officer
- Robert I. Frenkel, Secretary, Chief Legal Officer
- William R. Hutchinson, Lead Independent Director
- Robert D. Agdern, Independent Director
- Carol L. Colman, Independent Director
- Daniel P. Cronin, Independent Director
How do I buy Western Asset High Income Fund II stock?
Shares of Western Asset High Income Fund II can be purchased through any online brokerage account. Popular online brokerages 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?
MarketBeat Community Rating for Western Asset High Income Fund II (NYSE HIX)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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Western Asset High Income Fund II stock can currently be purchased for approximately $7.24.
Consensus Ratings for Western Asset High Income Fund II (NYSE:HIX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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|Consensus Price Target: ||N/A|Consensus Price Target History for Western Asset High Income Fund II (NYSE:HIX)
Analysts' Ratings History for Western Asset High Income Fund II (NYSE:HIX)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Western Asset High Income Fund II (NYSE:HIX)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Western Asset High Income Fund II (NYSE:HIX)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Western Asset High Income Fund II (NYSE:HIX)
|Dividend Growth:||-6.60% (3 Year Average)|
Dividend History by Quarter for Western Asset High Income Fund II (NYSE HIX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Western Asset High Income Fund II (NYSE:HIX)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Western Asset High Income Fund II (NYSE:HIX)
Latest Headlines for Western Asset High Income Fund II (NYSE:HIX)
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Western Asset High Income Fund II (HIX) Chart for Monday, October, 23, 2017