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Western Asset High Income Fund II Inc. - $HIX STOCK NEWS

Welcome to our dedicated page for Western Asset High Income Fund II news (Ticker: $HIX), a resource for investors and traders seeking the latest updates and insights on Western Asset High Income Fund II stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Western Asset High Income Fund II's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Western Asset High Income Fund II's position in the market.

Rhea-AI Summary
Western Asset High Income Fund II Inc. (HIX) reports financial position as of January 31, 2024, showing an increase in total assets and net assets compared to the previous quarter and year. Earnings per share have also improved, but undistributed net investment income has decreased.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
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none
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Rhea-AI Summary
Franklin Resources announces changes in the portfolio management team of the Fund effective March 1, 2024. The team now includes Michael Buchanan, Walter Kilcullen, and Christopher Kilpatrick. The press release emphasizes that the data and commentary are for informational purposes only, and Franklin Resources and its affiliates do not sell shares of the Fund.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
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none
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Rhea-AI Summary
Western Asset High Income Fund II Inc. (HIX) successfully completed a transferable rights offering, issuing 22,508,740 shares of common stock at a subscription price of $4.30 per share, generating over $96 million in gross proceeds. The offering was oversubscribed, indicating strong investor interest.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
Tags
none
Rhea-AI Summary
Western Asset High Income Fund II Inc. (HIX) announced a transferable rights offering to acquire additional shares of common stock. The Fund's Board of Directors approved the Offer, believing it may benefit the Fund and its stockholders in several ways, including providing additional capital for pursuing the Fund's investment objective of maximizing current income and capital appreciation. Each stockholder will receive one transferable right for each share of common stock held on January 29, 2024, and the Subscription Price will be determined based on a formula. Record date stockholders who fully exercise their Rights in the Primary Subscription will be eligible for an over-subscription privilege.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.69%
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none
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Rhea-AI Summary
Western Asset High Income Fund II Inc. announced financial position as of July 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.86%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
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none
Western Asset High Income Fund II Inc.

NYSE:HIX

HIX Rankings

HIX Stock Data

304.72M
67.53M
38.79%
0.09%
Securities and Commodity Exchanges
Finance and Insurance
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United States of America
New York