NYSE:HIXWestern Asset High Income Fund II Stock Price, Forecast & News

$5.77

+0.46 (+8.66 %)

(As of 04/9/2020 09:56 AM ET)

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Today's Range

$5.48

Now: $5.77▼

$5.86

50-Day Range

$3.86

MA: $5.67▼

$7.11

52-Week Range

$3.55

Now: $5.77▼

$7.12

Volume159,497 shs

Average Volume713,438 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.09%

BetaN/A

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Western Asset High Income Fund II.

2.8 Community Rank

Outperform Votes
Western Asset High Income Fund II has received 126 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Western Asset High Income Fund II has received 100 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Western Asset High Income Fund II has received 55.75% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
Western Asset High Income Fund II is a leading dividend payer. It pays a dividend yield of 0.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Western Asset High Income Fund II has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Western Asset High Income Fund II insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.89 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolNYSE:HIX

Previous Symbol

CUSIPN/A

CIK1058239

Webhttp://www.leggmason.com/

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 / Cash FlowN/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 SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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

How has Western Asset High Income Fund II's stock been impacted by COVID-19 (Coronavirus)?

Western Asset High Income Fund II's stock was trading at $5.83 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HIX shares have decreased by 1.0% and is now trading at $5.77. View which stocks have been most impacted by Coronavirus.

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 Friday, February 21st. Shareholders of record on Thursday, May 21st will be given a dividend of $0.049 per share on Monday, June 1st. This represents a $0.59 annualized dividend and a yield of 10.19%. The ex-dividend date of this dividend is Wednesday, May 20th. View Western Asset High Income Fund II's dividend history.

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

Media coverage about HIX stock has been trending very negative on Thursday, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Western Asset High Income Fund II earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the closed-end fund a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutWestern Asset High Income Fund II.

Are investors shorting Western Asset High Income Fund II?

Western Asset High Income Fund II saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 96,600 shares, a decline of 42.6% from the February 27th total of 168,300 shares. Based on an average daily trading volume, of 579,000 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short. View Western Asset High Income Fund II's Current Options Chain.

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 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Australia Equity Fund (IAF), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE), Alpine Global Premier Properties Fund (AWP), Alternative Invest Ordinary Units FP (AIQ), Amedeo Resources (AMED), Amundi (AMDUF), Apollo Senior Floating Rate Fund (AFT), Azimut (AZIHF), Bankinter (BKT) and Barings Global Short Duratin Hgh Yld Fnd (BGH).

What other stocks do shareholders of Western Asset High Income Fund II own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset High Income Fund II investors own include Credit Suisse High Yield Bond Fund (DHY), PIMCO Corporate&Income Opportunity Fund (PTY), Prospect Capital (PSEC), Gladstone Investment (GAIN), Stag Industrial (STAG), Twitter (TWTR), Aberdeen Income Credit Strategies Fund (ACP), AT&T (T), Invesco Senior Income Trust (VVR) and Allianzgi Convertible & Income Fund II (NCZ).

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

Western Asset High Income Fund II's management team includes the following people:

Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 61)
Mr. Richard F. Sennett, Principal Financial Officer (Age 49)
Mr. Robert I. Frenkel, Chief Legal Officer and Sec. (Age 65)
Mr. Theodore Paul Becker, Chief Compliance officer (Age 68)
Mr. Steven Frank, Treasurer (Age 52)

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 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, Robinhood, 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 $5.77.

What is Western Asset High Income Fund II's official website?

The official website for Western Asset High Income Fund II is http://www.leggmason.com/.

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.

This page was last updated on 4/9/2020 by MarketBeat.com Staff