Summary
4.43 -0.02(-0.34%)07/03/2024
Western Asset High Income Fund II Inc (HIX)
Western Asset High Income Fund II Inc (HIX)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.34 | 1.03 | -0.34 | -0.11 | -10.61 | -6.65 | -5.04 | 348.60 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 4.43 | |
| Open | 4.45 | |
| High | 4.46 | |
| Low | 4.40 | |
| Volume | 402,999 | |
| Change | -0.02 | |
| Change % | -0.34 | |
| Avg Volume (20 Days) | 317,272 | |
| Volume/Avg Volume (20 Days) Ratio | 1.27 | |
| 52 Week Range | 4.16 - 5.08 | |
| Price vs 52 Week High | -12.89% | |
| Price vs 52 Week Low | 6.37% | |
| Range | -0.56 | |
| Gap Up/Down | 0.01 | |
Fundamentals | ||
| Market Capitalization (Mln) | 400 | |
| EBIDTA | 0 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 0.0000 | |
| Earnings Per Share | 0.0000 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 0.0000 | |
| Revenues | ||
| Profit Marging | 0.0000 | |
| Operating Marging (TTM) | 0.0000 | |
| Return on asset (TTM) | 0.0000 | |
| Return on equity (TTM) | 0.0000 | |
| Revenue TTM | 0 | |
| Revenue per share TTM | 0.0000 | |
| Quarterly Revenue Growth (YOY) | 0.0000 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 0 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.0000 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 0 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 0.00 | |
05/30 06:57 EST - seekingalpha.com
Building A 10% Income Portfolio Today
Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up to that article and then subsequent developments in creating my current portfolio. Today, I favor CEFs and ETFs that, in addition to providing regular income, show a positive NAV performance since inception, thereby demonstrating their ability to also generate value over time.
Building A 10% Income Portfolio Today
Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up to that article and then subsequent developments in creating my current portfolio. Today, I favor CEFs and ETFs that, in addition to providing regular income, show a positive NAV performance since inception, thereby demonstrating their ability to also generate value over time.
05/25 10:37 EST - forbes.com
Weird Circumstance Makes These 8% Dividends An Urgent Buy
It's finally happening: Management fees on our favorite 8%+ paying assets—closed-end funds (CEFs)—are falling. And some are sending their already soaring dividends even higher, too.
Weird Circumstance Makes These 8% Dividends An Urgent Buy
It's finally happening: Management fees on our favorite 8%+ paying assets—closed-end funds (CEFs)—are falling. And some are sending their already soaring dividends even higher, too.
05/20 07:18 EST - https://www.defenseworld.net
Western Asset High Income Fund II Inc. (HIX) to Issue Monthly Dividend of $0.05 on June 3rd
Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Thursday, February 22nd, Wall Street Journal reports. Shareholders of record on Thursday, May 23rd will be paid a dividend of 0.049 per share by the closed-end fund on Monday, June 3rd. This represents a $0.59 dividend on an annualized basis and a yield of 13.42%. The ex-dividend date of this dividend is Wednesday, May 22nd. Western Asset High Income Fund II has increased its dividend by an average of 0.1% annually over the last three years. Western Asset High Income Fund II Stock Performance Shares of Western Asset High Income Fund II stock opened at $4.38 on Monday. The business has a fifty day simple moving average of $4.41 and a 200-day simple moving average of $4.56. Western Asset High Income Fund II has a fifty-two week low of $4.16 and a fifty-two week high of $5.07. About Western Asset High Income Fund II (Get Free Report) 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.
Western Asset High Income Fund II Inc. (HIX) to Issue Monthly Dividend of $0.05 on June 3rd
Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Thursday, February 22nd, Wall Street Journal reports. Shareholders of record on Thursday, May 23rd will be paid a dividend of 0.049 per share by the closed-end fund on Monday, June 3rd. This represents a $0.59 dividend on an annualized basis and a yield of 13.42%. The ex-dividend date of this dividend is Wednesday, May 22nd. Western Asset High Income Fund II has increased its dividend by an average of 0.1% annually over the last three years. Western Asset High Income Fund II Stock Performance Shares of Western Asset High Income Fund II stock opened at $4.38 on Monday. The business has a fifty day simple moving average of $4.41 and a 200-day simple moving average of $4.56. Western Asset High Income Fund II has a fifty-two week low of $4.16 and a fifty-two week high of $5.07. About Western Asset High Income Fund II (Get Free Report) 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.
05/07 17:01 EST - seekingalpha.com
HIX: Global Exposure Is Nice, But Underperformance And NAV Destruction Suggests Caution
Western Asset High Income Fund II has a current yield of 13.27%, outperforming its peers in terms of yield. The HIX closed-end fund's share price has declined by 34.90% over the past three years, underperforming the Bloomberg High Yield Very Liquid Index. The fund has consistently paid out a larger distribution than the junk bond index, which may be appealing to income-focused investors.
HIX: Global Exposure Is Nice, But Underperformance And NAV Destruction Suggests Caution
Western Asset High Income Fund II has a current yield of 13.27%, outperforming its peers in terms of yield. The HIX closed-end fund's share price has declined by 34.90% over the past three years, underperforming the Bloomberg High Yield Very Liquid Index. The fund has consistently paid out a larger distribution than the junk bond index, which may be appealing to income-focused investors.
04/01 11:30 EST - 247wallst.com
Want $12,500 In Passive Income, Invest $20,000 In These 5 Dividend Stocks
According to a February 2, 2024 article in The Washington Post, grocery prices have jumped 25% since Joe Biden took office. This outpaced overall inflation, which was 19% in the same time period. The price of beef and baby food soared the most, followed by sugar and citrus fruits.
Want $12,500 In Passive Income, Invest $20,000 In These 5 Dividend Stocks
According to a February 2, 2024 article in The Washington Post, grocery prices have jumped 25% since Joe Biden took office. This outpaced overall inflation, which was 19% in the same time period. The price of beef and baby food soared the most, followed by sugar and citrus fruits.
03/28 11:19 EST - seekingalpha.com
Weekly CEF Roundup: First Trust MLP CEF Mergers Approved, Saba Buys BSTZ, PDX Goes Monthly
5 out of 22 closed-end fund sectors positive on price and 1 out of 22 sectors positive on NAV. Saba targets BSTZ, while PDX moves to a monthly distribution. First Trust MLP CEF mergers are approved by shareholders.
Weekly CEF Roundup: First Trust MLP CEF Mergers Approved, Saba Buys BSTZ, PDX Goes Monthly
5 out of 22 closed-end fund sectors positive on price and 1 out of 22 sectors positive on NAV. Saba targets BSTZ, while PDX moves to a monthly distribution. First Trust MLP CEF mergers are approved by shareholders.
03/09 10:10 EST - forbes.com
2 Bargain Funds Paying 10%+ Dividends (One Is Clearly Superior)
Closed-end funds sometimes give us hard choices
2 Bargain Funds Paying 10%+ Dividends (One Is Clearly Superior)
Closed-end funds sometimes give us hard choices
03/08 09:00 EST - seekingalpha.com
Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change
Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.
Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change
Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.
02/22 07:32 EST - seekingalpha.com
HIX: Better Valuation After Rights Offering, But Questionable Track Record
The Western Asset High Income Fund II is undergoing a rights offering, which has pushed the fund to a deep discount.
HIX: Better Valuation After Rights Offering, But Questionable Track Record
The Western Asset High Income Fund II is undergoing a rights offering, which has pushed the fund to a deep discount.
01/24 01:20 EST - seekingalpha.com
HIX: Yet Another Rights Offering
Western Asset High Income Fund II has utilized rights offerings in the past to raise new capital. The 2022 rights offering raised approximately $31 million, which was deployed into purchasing new assets. HIX has announced yet another rights offering that can offer existing shareholders a discounted price to the current market value for the CEF's shares.
HIX: Yet Another Rights Offering
Western Asset High Income Fund II has utilized rights offerings in the past to raise new capital. The 2022 rights offering raised approximately $31 million, which was deployed into purchasing new assets. HIX has announced yet another rights offering that can offer existing shareholders a discounted price to the current market value for the CEF's shares.
12/15 13:00 EST - seekingalpha.com
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.
CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities
Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.
11/17 14:18 EST - seekingalpha.com
HIX: High Income Fund, But Not Quite Appealing
Western Asset High Income Fund II offers exposure to a globally diversified portfolio focused on high-yield fixed income. The HIX closed-end fund currently trades at a small discount, and that is part of what makes it unappealing at this time even despite trading closer to its longer-term average level. There are alternative funds within the Western Asset family, such as HYI and WDI, that may be more attractive options due to their better valuations.
HIX: High Income Fund, But Not Quite Appealing
Western Asset High Income Fund II offers exposure to a globally diversified portfolio focused on high-yield fixed income. The HIX closed-end fund currently trades at a small discount, and that is part of what makes it unappealing at this time even despite trading closer to its longer-term average level. There are alternative funds within the Western Asset family, such as HYI and WDI, that may be more attractive options due to their better valuations.
12/05 22:06 EST - seekingalpha.com
Quality Closed-End Fund Report, November 2022
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.
Quality Closed-End Fund Report, November 2022
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.
11/15 18:58 EST - seekingalpha.com
HIX: Broad Mandate Fixed Income CEF, 12% Yield
HIX is a fixed income CEF with a broad investment mandate in the fixed income space. The fund contains a mix of corporate and sovereign bonds, with an allocation that can switch weightings between investment grade and high-yield debentures.
HIX: Broad Mandate Fixed Income CEF, 12% Yield
HIX is a fixed income CEF with a broad investment mandate in the fixed income space. The fund contains a mix of corporate and sovereign bonds, with an allocation that can switch weightings between investment grade and high-yield debentures.
11/10 08:00 EST - businesswire.com
Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director
The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independent Director of the Funds, who recently passed away. The Boards also announced that Nisha Kumar will succeed Ms. Kamerick as Chair of each Fund's Audit Committee.
Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director
The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independent Director of the Funds, who recently passed away. The Boards also announced that Nisha Kumar will succeed Ms. Kamerick as Chair of each Fund's Audit Committee.
09/05 09:17 EST - seekingalpha.com
The 'High-High-Low' Closed-End Fund Report, August 2022
Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.
The 'High-High-Low' Closed-End Fund Report, August 2022
Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.
08/09 17:00 EST - seekingalpha.com
The 'High-High-Low' Closed-End Fund Report, July 2022
Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.
The 'High-High-Low' Closed-End Fund Report, July 2022
Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.
08/02 08:00 EST - businesswire.com
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October, and November 2022
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related
Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October, and November 2022
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related
06/06 12:09 EST - seekingalpha.com
HIX: Rights Offering Recap And Future Prospects
HIX's rights offering has concluded. The subscription floor prevented more severe dilution.
HIX: Rights Offering Recap And Future Prospects
HIX's rights offering has concluded. The subscription floor prevented more severe dilution.
04/27 18:00 EST - seekingalpha.com
Quick Notes On HIX Rights Offering
HIX's rights offering is in progress. The offering is not going well for managers, but that's a positive for shareholders.
Quick Notes On HIX Rights Offering
HIX's rights offering is in progress. The offering is not going well for managers, but that's a positive for shareholders.