Western Asset High Income Fund II Inc.

Western Asset High Income Fund II Inc.verified

HIX

Price:

$4.445

Market Cap:

$400.21M

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 perf...[Read more]

Industry

Asset Management - Income

IPO Date

1998-05-22

Stock Exchange

NYSE

Ticker

HIX

The Current Ratio as of September 2024 (TTM) for Western Asset High Income Fund II Inc. (HIX) is 0.56

According to Western Asset High Income Fund II Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.56. This represents a change of -18.70% compared to the average of 0.69 of the last 4 quarters.

Western Asset High Income Fund II Inc. (HIX) Historical Current Ratio (quarterly & annually)

How has HIX Current Ratio performed in the past?

The mean historical Current Ratio of Western Asset High Income Fund II Inc. over the last ten years is 0.21. The current 0.56 Current Ratio has changed 26.86% with respect to the historical average. Over the past ten years (40 quarters), HIX's Current Ratio was at its highest in in the October 2019 quarter at 2.89. The Current Ratio was at its lowest in in the January 2021 quarter at 0.05.

Quarterly (TTM)
Annual

Average

0.21

Median

0.13

Minimum

0.05

Maximum

0.65

Western Asset High Income Fund II Inc. (HIX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Western Asset High Income Fund II Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 577.67%

Maximum Annual Current Ratio = 0.65

Minimum Annual Increase = -86.64%

Minimum Annual Current Ratio = 0.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.56419.39%
20230.11-17.30%
20220.13158.86%
20210.05-64.94%
20200.1466.32%
20190.09-86.64%
20180.65577.67%
20170.10-22.61%
20160.12-7.33%
20150.13-24.17%

Western Asset High Income Fund II Inc. (HIX) Average Current Ratio

How has HIX Current Ratio performed in the past?

The current Current Ratio of Western Asset High Income Fund II Inc. (HIX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.27

5-year avg

0.20

10-year avg

0.21

Western Asset High Income Fund II Inc. (HIX) Current Ratio vs. Peers

How is HIX’s Current Ratio compared to its peers?

Western Asset High Income Fund II Inc.’s Current Ratio is less than Western Asset High Income Opportunity Fund Inc. (0.65), greater than Western Asset High Yield Defined Opportunity Fund Inc. (0), greater than BlackRock Debt Strategies Fund, Inc. (0.07), less than Western Asset Diversified Income Fund (2.95), greater than Western Asset Global High Income Fund Inc. (0.10), less than Voya Global Advantage and Premium Opportunity Fund (104.44), less than Voya Global Equity Dividend and Premium Opportunity Fund (53.20), greater than Credit Suisse High Yield Bond Fund, Inc. (0.13), greater than MFS Intermediate High Income Fund (0.05), greater than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (0), greater than Allspring Multi-Sector Income Fund (0), greater than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (0), less than BNY Mellon High Yield Strategies Fund (1.23), less than Pioneer High Income Fund, Inc. (2.11), less than Allspring Utilities and High Income Fund (70.33), greater than Virtus Convertible & Income Fund (0.19), less than BlackRock MuniVest Fund, Inc. (1.56), less than MFS High Income Municipal Trust (4.29), less than Nuveen Senior Income Fund (1.46), greater than Franklin Limited Duration Income Trust (0),

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