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Western Asset High Income Fund II(NYSE) HIX

Market Cap$300.83MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1998)+435%
5 Year-8%
1 Year-8%
1 Month-6%
$3.36
+0.60%
+0.02Today
After hours$3.37+$0.01 (+0.30%)
Western Asset High Income Fund II last closing stock price
MetricPriceDate
Last closeUSD 3.342026-10-23
Western Asset High Income Fund II stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-3.47%USD 3.462026-10-16
1 month-5.88%USD 3.552026-09-23
3 month-11.09%USD 3.762026-07-24
Year to date-9.05%USD 3.672025-12-31
1 year-7.99%USD 3.632025-10-23
3 year+19.81%USD 2.792023-10-24
5 year-8.33%USD 3.642021-10-22
Since inception+435.49%USD 0.621998-05-22

Western Asset High Income Fund II Financials at a Glance

Market Cap

$300.83MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$100.37M

Net Income (TTM)

$78.03M

EPS (TTM)

$0.51

P/E Ratio

6.57

Dividend

$0.64

Beta (Volatility)

0.48 (Low)

Price

$3.36

Volume

560,686

Open

$3.34

Previous Close

$3.35

Daily Range

$3.34 - $3.37

52-Week Range

$3.34 - $4.33

Estimated Earnings Date

N/A

HIX News

No articles available.

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About Western Asset High Income Fund II

Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund managed by Legg Mason Partners Fund Advisor, LLC. The fund focuses on high yield debt securities across global markets, aiming to provide attractive income opportunities for investors.

Products and Services
  • Invests in high yield debt securities from U.S. and foreign corporations
  • Utilizes quantitative and fundamental analysis for portfolio management
  • Benchmarks performance against major high yield indices
Growth Outlook
  • Recent quarterly revenue reached $24.4 million, indicating strong demand
  • Trailing twelve months (TTM) net income stands at $94.3 million, showcasing profitability
  • Dividend yield of approximately 16.8% reflects attractive income potential
Financial Highlights
  • Latest quarterly net income reported at $9.4 million, up from previous periods
  • TTM revenue of $94.4 million demonstrates consistent revenue generation
  • Operating income margin of 55.5% indicates efficient cost management
Western Asset High Income Fund II Inc. operates in the asset management sector, focusing on high yield investments. The fund's strategy involves a blend of quantitative and fundamental analysis, allowing for informed decision-making in portfolio construction. The recent financial performance highlights a robust revenue stream and significant net income, which may appeal to income-focused investors. The high dividend yield further enhances the attractiveness of this investment opportunity, positioning the fund as a potential choice for those seeking to diversify their portfolios with fixed income assets.
AI Generated • Oct 20, 2026

Industry

Capital Markets

Sector

Financials

CEO

Jane Elizabeth Trust, CFA

Headquarters

New York, NY 10010, US

HIX Financials

Key Financial Metrics (TTM)

Gross Margin

90.00%

Operating Margin

118.93%

Net Income Margin

98.73%

Return on Equity

11.89%

Return on Capital

10.04%

Return on Assets

8.09%

Earnings Yield

15.22%

Dividend Yield

19.07%

Payout Ratio

1.25%

Stock Overview

Market Cap

$300.83MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

90.07M

Volume

560.69K

Avg. Volume

371.92K

Financials (TTM)

Gross Profit

$74.45M

Operating Income

$87.40M

EBITDA

$87.42M

Operating Cash Flow

$57.31M

Capital Expenditure

$6.00

Free Cash Flow

$57.31M

Cash & ST Invst.

$6.00M

Total Debt

$172.66M

Western Asset High Income Fund II Performance Analysis

Western Asset High Income Fund II annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-04-30USD -11,065,936N/A
20242024-04-30USD 16,949,130N/A
20252025-04-30USD 55,805,622229.3%
20262026-04-30USD 46,370,229-16.9%
Western Asset High Income Fund II sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-10-3119.3%
Q42025-04-303.5%
Q22025-10-31-20.2%
Q42026-04-3011.5%
Western Asset High Income Fund II annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-04-30USD -0.47-31.4%
20242024-04-30USD 0.33N/A
20252025-04-30USD 0.3610.0%
20262026-04-30USD 0.5141.9%
Western Asset High Income Fund II sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-10-31-8.3%
Q42025-04-30-91.0%
Q22025-10-311246.8%
Q42026-04-30-75.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2025YOY CHG

Revenue

$24.44M

+9.9%

Gross Profit

$22.14M

+22.4%

Gross Margin

90.57%

N/A

Market Cap

$300.83MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

0

N/A

Net Income

$9.43M

-70.7%

EBITDA

$13.60M

-31.6%

Quarterly Fundamentals

Name
Q4 2025YOY CHG

Total Cash

$6.00M

+1391.9%

Total Debt

$172.66M

-3.3%

Accounts Receivable

$15.66M

+9.2%

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$172.66M

-3.3%

Return on Assets

8.09%

N/A

Return on Invested Capital

14.03%

N/A

Free Cash Flow

$15.14M

+111.8%

Operating Cash Flow

$15.14M

+111.8%

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Questions About HIX

What is the current price of Western Asset High Income Fund II?

Western Asset High Income Fund II is trading at $3.35 per share.

What is the 52-week range for Western Asset High Income Fund II?

Over the past 52 weeks, Western Asset High Income Fund II has traded between $3.34 and $4.33.

How much debt does Western Asset High Income Fund II have?

As of the most recent reporting period, Western Asset High Income Fund II reported total debt of $172.66M.

How much cash does Western Asset High Income Fund II have on hand?

Western Asset High Income Fund II reported $6.00M in cash and cash equivalents in its most recent financial results.

What is Western Asset High Income Fund II’s dividend yield?

Western Asset High Income Fund II currently has a dividend yield of 19.07%.

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