HIX Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Western Asset High Income Fund II Inc. Competitors
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Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.80 |
| 52 Week High | US$5.71 |
| 52 Week Low | US$4.14 |
| Beta | 0.97 |
| 1 Month Change | -1.23% |
| 3 Month Change | 8.84% |
| 1 Year Change | -12.73% |
| 3 Year Change | -27.27% |
| 5 Year Change | -24.76% |
| Change since IPO | -68.00% |
Recent News & Updates
Western Asset High Income Fund II goes ex dividend tomorrow
Dec 20HIX: Broad Mandate Fixed Income CEF, 12% Yield
Nov 15Western Asset High Income Fund II goes ex-dividend tomorrow
Oct 20Western Asset High Income Fund II goes ex-dividend tomorrow
Sep 21HIX: Rights Offering Recap And Future Prospects
Jun 06Recent updates
Western Asset High Income Fund II goes ex dividend tomorrow
Dec 20HIX: Broad Mandate Fixed Income CEF, 12% Yield
Nov 15Western Asset High Income Fund II goes ex-dividend tomorrow
Oct 20Western Asset High Income Fund II goes ex-dividend tomorrow
Sep 21HIX: Rights Offering Recap And Future Prospects
Jun 06Quick Notes On HIX Rights Offering
Apr 27HIX: Is It Resilient Enough To Face A Period Of Higher Inflation?
May 28Western Asset High Income Fund II declares $0.049 dividend
Nov 17Shareholder Returns
| HIX | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -5.0% | -1.8% | -1.2% |
| 1Y | -12.7% | -1.4% | 4.2% |
Return vs Industry: HIX underperformed the US Capital Markets industry which returned -0.6% over the past year.
Return vs Market: HIX underperformed the US Market which returned 4.2% over the past year.
Price Volatility
| HIX volatility | |
|---|---|
| HIX Average Weekly Movement | 2.1% |
| Capital Markets Industry Average Movement | 1.4% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 14.7% |
| 10% least volatile stocks in US Market | 2.7% |
Stable Share Price: HIX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: HIX's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | n/a | Jane Trust | https://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=HIX |
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.
Western Asset High Income Fund II Inc. Fundamentals Summary
| HIX fundamental statistics | |
|---|---|
| Market Cap | US$311.96m |
| Earnings (TTM) | -US$30.51m |
| Revenue (TTM) | US$43.35m |
7.2x
P/S Ratio-10.2x
P/E RatioIs HIX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HIX income statement (TTM) | |
|---|---|
| Revenue | US$43.35m |
| Cost of Revenue | US$0 |
| Gross Profit | US$43.35m |
| Other Expenses | US$73.86m |
| Earnings | -US$30.51m |
Last Reported Earnings
Apr 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.47 |
| Gross Margin | 100.00% |
| Net Profit Margin | -70.39% |
| Debt/Equity Ratio | 38.9% |
How did HIX perform over the long term?
See historical performance and comparisonThe Revenue and Expenses Breakdown chart has moved to the Past Performance sectionTake me there.
Dividends
12.3%
Current Dividend Yield-127%
Payout RatioDoes HIX pay a reliable dividends?
See HIX dividend history and benchmarks| Western Asset High Income Fund II dividend dates | |
|---|---|
| Ex Dividend Date | Aug 23 2023 |
| Dividend Pay Date | Sep 01 2023 |
| Days until Ex dividend | 0 days |
| Days until Dividend pay date | 9 days |
Does HIX pay a reliable dividends?
See HIX dividend history and benchmarks