Western Asset High Income Fund II Inc Stock News

Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up

It's finally happening: Management fees on our favorite 8%+ paying assets—closed-end funds (CEFs)—are falling. And some are sending their already soaring dividends even higher, too.

Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Thursday, February 22nd, Wall Street Journal reports. Shareholders of record on Thursday, May 2

Western Asset High Income Fund II has a current yield of 13.27%, outperforming its peers in terms of yield. The HIX closed-end fund's share price has declined by 34.90% over the past three years, unde

According to a February 2, 2024 article in The Washington Post, grocery prices have jumped 25% since Joe Biden took office. This outpaced overall inflation, which was 19% in the same time period. The

5 out of 22 closed-end fund sectors positive on price and 1 out of 22 sectors positive on NAV. Saba targets BSTZ, while PDX moves to a monthly distribution. First Trust MLP CEF mergers are approved by

Closed-end funds sometimes give us hard choices

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

The Western Asset High Income Fund II is undergoing a rights offering, which has pushed the fund to a deep discount.

Western Asset High Income Fund II has utilized rights offerings in the past to raise new capital. The 2022 rights offering raised approximately $31 million, which was deployed into purchasing new asse

Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea

Western Asset High Income Fund II offers exposure to a globally diversified portfolio focused on high-yield fixed income. The HIX closed-end fund currently trades at a small discount, and that is part

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.

HIX is a fixed income CEF with a broad investment mandate in the fixed income space. The fund contains a mix of corporate and sovereign bonds, with an allocation that can switch weightings between inv

The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independen