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 ROE as of September 2024 (TTM) for Western Asset High Income Fund II Inc. (HIX) is 48.66%

According to Western Asset High Income Fund II Inc.’s latest financial reports and current stock price. The company's current ROE is 48.66%. This represents a change of 303.77% compared to the average of 12.05% of the last 4 quarters.

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

How has HIX ROE performed in the past?

The mean historical ROE of Western Asset High Income Fund II Inc. over the last ten years is 2.12%. The current 48.66% ROE has changed 2.19% with respect to the historical average. Over the past ten years (40 quarters), HIX's ROE was at its highest in in the October 2023 quarter at 23.11%. The ROE was at its lowest in in the January 2022 quarter at -7.30%.

Quarterly (TTM)
Annual

Average

2.12%

Median

0.77%

Minimum

-11.90%

Maximum

28.44%

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

Discovering the peaks and valleys of Western Asset High Income Fund II Inc. ROE, 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 = 857.70%

Maximum Annual ROE = 28.44%

Minimum Annual Increase = -410.09%

Minimum Annual ROE = -11.90%

Quarterly (TTM)
Annual
YearROEChange
20247.24%-174.44%
2023-9.73%-18.26%
2022-11.90%-141.86%
202128.44%-410.09%
2020-9.17%-248.32%
20196.18%151.94%
20182.45%-85.89%
201717.39%-298.21%
2016-8.77%857.70%
2015-0.92%-110.89%

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

How has HIX ROE performed in the past?

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

3-year avg

-4.80%

5-year avg

0.98%

10-year avg

2.12%

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

How is HIX’s ROE compared to its peers?

Western Asset High Income Fund II Inc.’s ROE is less than Western Asset High Income Opportunity Fund Inc. (12.68%), less than Western Asset High Yield Defined Opportunity Fund Inc. (16.52%), less than BlackRock Debt Strategies Fund, Inc. (25.42%), less than Western Asset Diversified Income Fund (15.92%), less than Western Asset Global High Income Fund Inc. (17.73%), less than Voya Global Advantage and Premium Opportunity Fund (10.49%), less than Voya Global Equity Dividend and Premium Opportunity Fund (9.86%), less than Credit Suisse High Yield Bond Fund, Inc. (12.40%), less than MFS Intermediate High Income Fund (16.56%), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (28.66%), less than Allspring Multi-Sector Income Fund (8.46%), less than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (20.64%), less than BNY Mellon High Yield Strategies Fund (19.15%), less than Pioneer High Income Fund, Inc. (33.11%), greater than Allspring Utilities and High Income Fund (-0.20%), less than Virtus Convertible & Income Fund (2.21%), less than BlackRock MuniVest Fund, Inc. (4.18%), less than MFS High Income Municipal Trust (6.81%), greater than Nuveen Senior Income Fund (-4.71%), less than Franklin Limited Duration Income Trust (18.27%),

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