Western Asset High Income Fund II Inc.

Western Asset High Income Fund II Inc.verified

HIX

Price:

$4.45

Market Cap:

$400.66M

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 Dividend Yield as of September 2024 (TTM) for Western Asset High Income Fund II Inc. (HIX) is 13.21%

According to Western Asset High Income Fund II Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 13.21%. This represents a change of 207.36% compared to the average of 4.30% of the last 4 quarters.

Western Asset High Income Fund II Inc. (HIX) Historical Dividend Yield (quarterly & annually)

How has HIX Dividend Yield performed in the past?

The mean historical Dividend Yield of Western Asset High Income Fund II Inc. over the last ten years is 9.68%. The current 13.21% Dividend Yield has changed 36.47% with respect to the historical average. Over the past ten years (40 quarters), HIX's Dividend Yield was at its highest in in the October 2023 quarter at 6.64%. The Dividend Yield was at its lowest in in the April 2017 quarter at 1.83%.

Quarterly (TTM)
Annual

Average

9.68%

Median

9.95%

Minimum

7.48%

Maximum

11.86%

Western Asset High Income Fund II Inc. (HIX) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Western Asset High Income Fund II Inc. Dividend Yield, 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 = 35.95%

Maximum Annual Dividend Yield = 11.86%

Minimum Annual Increase = -24.21%

Minimum Annual Dividend Yield = 7.48%

Quarterly (TTM)
Annual
YearDividend YieldChange
202410.03%-15.39%
202311.86%16.57%
202210.17%35.95%
20217.48%-24.21%
20209.87%26.33%
20197.81%-13.73%
20189.06%-4.20%
20179.45%-13.77%
201610.96%8.31%
201510.12%9.52%

Western Asset High Income Fund II Inc. (HIX) Average Dividend Yield

How has HIX Dividend Yield performed in the past?

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

3-year avg

10.69%

5-year avg

9.88%

10-year avg

9.68%

Western Asset High Income Fund II Inc. (HIX) Dividend Yield vs. Peers

How is HIX’s Dividend Yield compared to its peers?

Western Asset High Income Fund II Inc.’s Dividend Yield is less than Western Asset High Income Opportunity Fund Inc. (10.56%), less than Western Asset High Yield Defined Opportunity Fund Inc. (9.37%), less than BlackRock Debt Strategies Fund, Inc. (10.62%), less than Western Asset Diversified Income Fund (11.03%), less than Western Asset Global High Income Fund Inc. (11.73%), less than Voya Global Advantage and Premium Opportunity Fund (10.72%), less than Voya Global Equity Dividend and Premium Opportunity Fund (9.43%), less than Credit Suisse High Yield Bond Fund, Inc. (7.92%), less than MFS Intermediate High Income Fund (8.91%), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (8.69%), less than Allspring Multi-Sector Income Fund (8.39%), less than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (9.16%), less than BNY Mellon High Yield Strategies Fund (7.79%), less than Pioneer High Income Fund, Inc. (8.32%), less than Allspring Utilities and High Income Fund (6.97%), less than Virtus Convertible & Income Fund (11.95%), less than BlackRock MuniVest Fund, Inc. (4.50%), less than MFS High Income Municipal Trust (3.95%), greater than Nuveen Senior Income Fund (0%), less than Franklin Limited Duration Income Trust (9.89%),

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