Accessibility Menu
Western Asset High Income Fund II logo

Western Asset High Income Fund II(NYSE) HIX

Current Price$3.91
Market Cap$352.17MMarket 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)+502%
5 Year+4%
1 Year+6%
1 Month+2%
Western Asset High Income Fund II last closing stock price
MetricPriceDate
Last closeUSD 3.912026-07-24
Western Asset High Income Fund II stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.02%USD 3.912026-07-17
1 month+1.52%USD 3.852026-06-24
3 month+2.48%USD 3.822026-04-24
Year to date+2.3%USD 3.822025-12-31
1 year+6.1%USD 3.692025-07-24
3 year+23.16%USD 3.172023-07-25
5 year+4.17%USD 3.752021-07-23
Since inception+502.31%USD 0.651998-05-22

Western Asset High Income Fund II Financials at a Glance

Market Cap

$352.17MMarket 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

7.69

Dividend

$0.64

Beta (Volatility)

0.47 (Low)

Price

$3.91

Volume

319,474

Open

$3.92

Previous Close

$3.91

Daily Range

$3.89 - $3.93

52-Week Range

$3.75 - $4.40

Estimated Earnings Date

N/A

HIX News

No articles available.

Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

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) dividend yield stands at 14.7%, attracting income-focused investors
  • Consistent interest income generation supports ongoing fund stability
Financial Highlights
  • Net income for the latest quarter was $9.4 million, reflecting robust profitability
  • Operating income margin of 55.5% demonstrates effective cost management
  • Debt ratio of 30.5% indicates a balanced capital structure
Western Asset High Income Fund II Inc. offers a compelling investment opportunity for those seeking exposure to high yield debt markets. The fund's strategic focus on global securities, combined with a strong income generation profile, positions it well for potential growth. Recent financial performance highlights, including significant net income and a high dividend yield, underscore the fund's ability to deliver value to investors. The management team's expertise in navigating fixed income markets further enhances the fund's appeal.
AI Generated • Jul 21, 2026

Industry

Capital Markets

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

13.00%

Dividend Yield

16.29%

Payout Ratio

1.25%

Stock Overview

Market Cap

$352.17MMarket 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

319.47K

Avg. Volume

354.09K

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

$352.17MMarket 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%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
HPFJohn Hancock Preferred Income Fund II
$15.76-0.13%
HIOWestern Asset High Income Opportunity Fund Inc
$3.52-1.40%
PPTPutnam Premier Income Trust
$3.38-1.02%
NCZVirtus Convertible & Income Fund II
$15.17-1.11%

Trending Stocks

Symbol / CompanyPricePrice Chg
NOKNokia
$9.10-0.06%
TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares
$7.42-0.04%
ONDSOndas
$7.80-0.02%
TAT&T
$24.13+0.05%

Questions About HIX

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

Western Asset High Income Fund II is trading at $3.91 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 $3.75 and $4.40.

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 16.29%.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.