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 Income Fund II, Inc. (NYSE: HIX) is a diversified, closed-end management investment company that focuses on high-yield debt securities with the stated objective of maximizing current income. This news page aggregates public announcements, press releases, and other updates related to the Fund, its governance, and its capital structure.
Readers can find coverage of stockholder meetings and voting results, such as approvals to amend the Fund’s charter to increase the total number of authorized shares of capital stock. News items also include the election of directors to the Board of Directors and the ratification of the selection of independent registered public accountants, reflecting the Fund’s ongoing corporate governance activities.
In addition, this page features announcements about capital actions, including issuer tender offers for the Fund’s common stock. For example, the Fund has reported final results of a tender offer in which a significant percentage of outstanding shares was accepted for repurchase at a price linked to net asset value. Such events can be important to investors monitoring changes in the Fund’s share base and trading dynamics.
Updates may also describe the roles of Franklin Templeton Fund Adviser, LLC as investment adviser and administrator, and Western Asset Management Company entities as subadvisers, all of which are indirect wholly owned subsidiaries of Franklin Resources, Inc. By following HIX news here, investors can review official communications about stockholder decisions, advisory relationships, and other developments disclosed through press releases and related materials.
Western Asset High Income Fund II (NYSE: HIX) announced an update to its portfolio management team effective January 27, 2026. The named team responsible for day-to-day oversight includes Michael Buchanan, Walter Kilcullen, Christopher Kilpatrick, John Hwang and Ryan Kohan.
The release notes data and commentary are informational, states that Franklin Resources and affiliates do not sell Fund shares, and provides investor contacts: Fund Investor Services at 1-888-777-0102 and the Fund website at www.franklintempleton.com/investments/options/closed-end-funds. It reminds investors that Fund shares trade on the New York Stock Exchange, may fluctuate in value, and closed-end fund shares often trade at a discount to NAV.
Western Asset High Income Fund II (NYSE: HIX) held its annual stockholders meeting on September 19, 2025, where several key proposals were approved. Stockholders voted to increase the Fund's authorized shares from 100 million to 200 million shares. Additionally, Carol L. Colman, Peter Mason, and Jane Trust were elected as Class III Directors to serve until 2028.
The stockholders also ratified PricewaterhouseCoopers LLP as the Fund's independent registered public accountants for the fiscal year ending April 30, 2026. The Fund is managed by Franklin Templeton Fund Adviser, LLC and subadvised by Western Asset Management Company, LLC.
Western Asset High Income Fund II Inc. (NYSE: HIX) has reported its financial position for the period ending July 31, 2025. The Fund's total assets stood at $595.19 million, with net assets of $392.49 million. The NAV per share increased to $4.36 from $4.26 in the previous quarter, while the market price rose to $4.24 from $4.08.
The Fund demonstrated strong quarterly performance with total net investment income of $8.45 million and a net realized/unrealized gain of $13.54 million, resulting in a net increase in assets from operations of $21.99 million ($0.24 per share). The Fund maintains borrowings through a $157 million loan and $29.15 million in reverse repurchase agreements.
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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