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 | 2/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
Western Asset High Income Fund II Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.33 |
| 52 Week High | US$5.08 |
| 52 Week Low | US$4.16 |
| Beta | 1.03 |
| 1 Month Change | -3.13% |
| 3 Month Change | -10.91% |
| 1 Year Change | -12.08% |
| 3 Year Change | -38.41% |
| 5 Year Change | -34.49% |
| Change since IPO | -71.13% |
Recent News & Updates
HIX: Yet Another Rights Offering
Jan 24HIX: High Income Fund, But Not Quite Appealing
Nov 17Western 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 20Recent updates
HIX: Yet Another Rights Offering
Jan 24HIX: High Income Fund, But Not Quite Appealing
Nov 17Western 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 | -2.9% | -3.8% | -1.7% |
| 1Y | -12.1% | 24.3% | 22.4% |
Return vs Industry: HIX underperformed the US Capital Markets industry which returned 25.4% over the past year.
Return vs Market: HIX underperformed the US Market which returned 22.9% over the past year.
Price Volatility
| HIX volatility | |
|---|---|
| HIX Average Weekly Movement | 3.2% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: HIX has not had significant price volatility in the past 3 months.
Volatility Over Time: HIX's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | n/a | Jane Trust | 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$292.39m |
| Earnings (TTM) | US$6.40m |
| Revenue (TTM) | US$43.20m |
45.7x
P/E Ratio6.8x
P/S RatioIs HIX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HIX income statement (TTM) | |
|---|---|
| Revenue | US$43.20m |
| Cost of Revenue | US$0 |
| Gross Profit | US$43.20m |
| Other Expenses | US$36.80m |
| Earnings | US$6.40m |
Last Reported Earnings
Oct 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.095 |
| Gross Margin | 100.00% |
| Net Profit Margin | 14.81% |
| Debt/Equity Ratio | 43.0% |
How did HIX perform over the long term?
See historical performance and comparisonDividends
13.6%
Current Dividend Yield618%
Payout RatioDoes HIX pay a reliable dividends?
See HIX dividend history and benchmarks| Western Asset High Income Fund II dividend dates | |
|---|---|
| Ex Dividend Date | Apr 22 2024 |
| Dividend Pay Date | May 01 2024 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 15 days |
Does HIX pay a reliable dividends?
See HIX dividend history and benchmarks