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.
$6.51 0.00 (0.00 %)
(As of 06/20/2018 03:48 AM ET)
Previous Close$6.51
Today's Range$6.48 - $6.51
52-Week Range$5.97 - $7.35
Volume143,095 shs
Average Volume268,222 shs
Market Capitalization$574.98 million
P/E RatioN/A
Dividend Yield8.19%
Beta0.61
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 announced a monthly dividend on Tuesday, May 15th. Shareholders 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 annualized dividend and a yield of 8.39%. 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?

Media coverage about HIX stock has been trending somewhat negative this week, according to Accern Sentiment. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Western Asset High Income Fund II earned a media sentiment score of -0.02 on Accern's scale. They also gave news articles about the closed-end fund an impact score of 40.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company'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 retail and institutional 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 bought 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 $6.51.

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:  42 (Vote Outperform)
Underperform Votes:  50 (Vote Underperform)
Total Votes:  92
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 6/20/2018 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.