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NYSE:HIX

Western Asset High Income Fund II (HIX) Stock Price, News & Analysis

Western Asset High Income Fund II logo
$4.26 0.00 (0.00%)
(As of 12/20/2024 04:33 PM ET)

About Western Asset High Income Fund II Stock (NYSE:HIX)

Key Stats

Today's Range
$4.25
$4.29
50-Day Range
$4.23
$4.53
52-Week Range
$4.20
$5.01
Volume
520,935 shs
Average Volume
432,199 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
13.62%
Price Target
N/A
Consensus Rating
N/A

Company 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. 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.

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HIX Stock News Headlines

Western Asset High Income II Closed (HIX)
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
HIX: More Downside Than Upside For This CEF
See More Headlines

HIX Stock Analysis - Frequently Asked Questions

Western Asset High Income Fund II's stock was trading at $4.96 at the beginning of 2024. Since then, HIX stock has decreased by 14.1% and is now trading at $4.26.
View the best growth stocks for 2024 here
.

Western Asset High Income Fund II's top institutional investors include Penserra Capital Management LLC, Landscape Capital Management L.L.C., Shaker Financial Services LLC and Oppenheimer & Co. Inc..
View institutional ownership trends
.

Shares of HIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Asset High Income Fund II investors own include Prospect Capital (PSEC), Ares Capital (ARCC), AGNC Investment (AGNC), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), Oxford Lane Capital (OXLC) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 12/2 Dividend
11/21/2024
Dividend Payable
12/02/2024
Today
12/21/2024
Ex-Dividend for 12/31 Dividend
12/23/2024
Dividend Payable
12/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
Financial Services
Fax
N/A
Employees
13,100
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$30.23 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (NYSE:HIX) was last updated on 12/21/2024 by MarketBeat.com Staff
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