Welcome to our dedicated page for Western Asset High Fund II news (Ticker: HIX), a resource for investors and traders seeking the latest updates and insights on Western Asset High Fund II stock.
Western Asset High Inc Fund II (HIX) provides investors with high-income opportunities through actively managed fixed income strategies. This news hub offers comprehensive coverage of the closed-end fund's developments, combining Franklin Templeton's institutional expertise with actionable market insights.
Track essential updates including quarterly earnings, portfolio rebalancing decisions, and distribution announcements. Our curated news collection enables investors to monitor risk management practices, yield optimization strategies, and regulatory developments affecting this income-focused fund.
Key content includes analysis of corporate bond allocations, credit quality assessments, and manager commentary on interest rate environments. Bookmark this page for timely updates on HIX's performance within the competitive closed-end fund sector, supported by its parent company's 50+ years of fixed income experience.
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Western Asset High Income Fund II (NYSE: HIX) has released its unaudited financial position report as of January 31, 2025. The Fund, a diversified, closed-end management investment company, is managed by Franklin Templeton Fund Adviser (FTFA) and sub-advised by Western Asset Management Company.
The Fund regularly files mandatory reports with the Securities and Exchange Commission (SEC), including semi-annual and annual reports, along with complete portfolio holdings for the first and third quarters as Form N-PORT exhibits. These documents are accessible on the SEC website, and shareholders can obtain additional information by calling 1-888-777-0102 or visiting the Fund's website at franklintempleton.com.
Western Asset High Income Fund II Inc. (NYSE: HIX) announced the results of its annual stockholders meeting held on October 18, 2024. Paolo M. Cucchi and Nisha Kumar were elected as Class II Directors, set to serve until the 2027 annual meeting. Stockholders also ratified PricewaterhouseCoopers LLP as the Fund's independent registered public accountants for the fiscal year ending April 30, 2025.
The Fund is a diversified closed-end management investment company managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company, and its foreign-based affiliates. Both management entities are indirect wholly-owned subsidiaries of Franklin Resources Inc., operating as Franklin Templeton.
Western Asset High Income Fund II Inc. (NYSE: HIX) has released its financial position as of July 31, 2024. The Fund's total assets increased to $613,246,452 from $610,509,882 in the previous quarter and $444,133,570 in the prior year. Total net assets rose to $409,059,676 from $404,607,700 in the previous quarter and $320,028,213 in the prior year.
The Net Asset Value (NAV) per share of common stock increased to $4.54 from $4.49 in the previous quarter but decreased from $4.80 in the prior year. The market price per share slightly increased to $4.37 from $4.34 in the previous quarter but decreased from $4.93 in the prior year. The Fund is currently trading at a discount of 3.74%.
For the quarter, the Fund reported total net investment income of $9,322,620 and a total net realized/unrealized gain of $8,627,021, resulting in a net increase in net assets from operations of $17,949,641.
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