Western Asset High Income Fund II Inc.

Western Asset High Income Fund II Inc.verified

HIX

Price:

$4.42

Market Cap:

$397.95M

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 PE Ratio as of November 2024 (TTM) for Western Asset High Income Fund II Inc. (HIX) is 9.02

According to Western Asset High Income Fund II Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 9.02. This represents a change of -179.86% compared to the average of -11.29 of the last 4 quarters.

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

How has HIX PE Ratio performed in the past?

The mean historical PE Ratio of Western Asset High Income Fund II Inc. over the last ten years is -6.82. The current 9.02 PE Ratio has changed -13330.56% with respect to the historical average. Over the past ten years (40 quarters), HIX's PE Ratio was at its highest in in the April 2015 quarter at 135.21. The PE Ratio was at its lowest in in the July 2018 quarter at -68.80.

Quarterly (TTM)
Annual

Average

-6.82

Median

-1.49

Minimum

-103.85

Maximum

35.66

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

Discovering the peaks and valleys of Western Asset High Income Fund II Inc. PE 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 = 550.58%

Maximum Annual PE Ratio = 35.66

Minimum Annual Increase = -981.60%

Minimum Annual PE Ratio = -103.85

Quarterly (TTM)
Annual
YearPE RatioChange
202413.33-231.44%
2023-10.1429.57%
2022-7.83-261.41%
20214.85-147.43%
2020-10.23-165.55%
201915.60-56.24%
201835.66550.58%
20175.48-149.61%
2016-11.05-89.36%
2015-103.85-981.60%

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

How has HIX PE Ratio performed in the past?

The current PE 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

-1.55

5-year avg

-2.00

10-year avg

-6.82

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

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

Western Asset High Income Fund II Inc.’s PE Ratio is less than Western Asset High Income Opportunity Fund Inc. (10.00), greater than Western Asset High Yield Defined Opportunity Fund Inc. (8.24), greater than BlackRock Debt Strategies Fund, Inc. (4.60), greater than Western Asset Diversified Income Fund (6.14), greater than Western Asset Global High Income Fund Inc. (6.37), less than Voya Global Advantage and Premium Opportunity Fund (12.26), less than Voya Global Equity Dividend and Premium Opportunity Fund (12.77), greater than Credit Suisse High Yield Bond Fund, Inc. (8.58), greater than MFS Intermediate High Income Fund (6.85), greater than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (3.99), less than Allspring Multi-Sector Income Fund (11.12), greater than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (4.84), greater than BNY Mellon High Yield Strategies Fund (7.12), greater than Pioneer High Income Fund, Inc. (3.84), greater than Allspring Utilities and High Income Fund (5.08), less than Virtus Convertible & Income Fund (21.89), less than BlackRock MuniVest Fund, Inc. (15.79), less than MFS High Income Municipal Trust (19.76), greater than Nuveen Senior Income Fund (-16.47), greater than Franklin Limited Duration Income Trust (7.23),

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