Welcome to our dedicated page for Western Asset High Fund II SEC filings (Ticker: HIX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Western Asset High Income Fund II, Inc. (NYSE: HIX) provides access to the Fund’s regulatory documents as filed with the U.S. Securities and Exchange Commission. As a registered investment company and diversified closed-end management investment company, HIX submits detailed reports and proxy materials that describe its investment objective, governance, advisory arrangements, and stockholder rights.
Key filings include proxy statements on Schedule 14A, which outline proposals presented at annual meetings of stockholders. These documents describe matters such as amendments to the Fund’s charter to increase authorized shares of capital stock, the election of directors to the Board of Directors, and the ratification of the selection of PricewaterhouseCoopers LLP as independent registered public accountants for specified fiscal years. The proxy materials also explain voting procedures, record dates, quorum requirements, and the Fund’s decision to opt into the Maryland Control Share Acquisition Act.
Through this page, users can review annual and semi-annual reports referenced in the Fund’s disclosures, which are also available on the SEC’s EDGAR system. These reports provide additional context on the Fund’s focus on high-yield debt securities and its objective of maximizing current income by investing at least 80% of net assets and investment borrowings in that segment.
Stock Titan enhances access to these filings with AI-powered summaries that highlight the main points of lengthy documents, helping readers understand proposals, governance changes, and structural features without reading every page. Real-time updates from EDGAR ensure that new filings for HIX, such as definitive proxy statements and related materials, are available promptly alongside concise explanations of their contents.
Western Asset High Income Fund II Inc. filed a post-effective amendment to its Form N-2 registration statement under Rule 462(d). This amendment is limited to updating and filing exhibits, such as an amended and restated sales agreement and an updated legal opinion, without changing the previously effective registration.
The filing lists estimated offering-related expenses totaling $215,359, including SEC and FINRA fees, accounting, and legal costs, and notes 24,949 record holders of common stock as of July 31, 2025. It also restates the fund’s indemnification provisions for directors and officers under Maryland law and confirms standard Securities Act undertakings.
Western Asset High Income Fund II Inc. is offering Common Stock under a prospectus supplement potentially issuing 42,528,735 shares at an assumed offering price of $4.35 per share (last reported NYSE sale price as of September 10, 2025). The Fund may offer up to $185,000,000 of Common Stock. JonesTrading is assumed to receive a selling commission of 1.00% of gross proceeds. The Manager charges an annual fee equal to 0.80% of Managed Assets; the Fund assumed leverage equal to 32.14% of Managed Assets for the expense example. Total annual expenses for Common Stock were presented as 4.03% in the illustrative example (assuming 32.14% leverage and a 5% hypothetical return). As of September 10, 2025 the Fund reported approximately 90.1 million Common shares outstanding, net assets attributable to Common Stockholders of approximately $398.8 million, and a market price of $4.35 representing a discount of approximately 1.81% to reported net asset value.
Jeffrey Masom filed an initial Form 3 reporting his relationship to WESTERN ASSET HIGH INCOME FUND II INC. (HIX) as a Director - Subadviser and noting the event date of 04/29/2025. The filing states explicitly that no securities are beneficially owned by the reporting person. The form is signed by an attorney-in-fact on 08/28/2025.
Western Asset High Income Fund II Inc. (NYSE: HIX) has released its definitive proxy for the 19 September 2025 annual meeting.
- Proposal 1: Amend the charter to increase authorized common shares from 100 million to 200 million. The fund currently has 90.1 million shares outstanding, limiting its ability to conduct follow-on or dividend-reinvestment issuances.
- Proposal 2: Elect Class III directors Carol L. Colman, Peter Mason and Jane E. Trust to three-year terms expiring 2028.
- Proposal 3: Ratify PricewaterhouseCoopers LLP as independent auditor for FY ending 30 Apr 2026 (FY25 audit fee $78,088).
Management states that the higher share cap will provide capital-raising flexibility, enhance liquidity, and lower expense ratios through scale. Identified risks are voting & NAV dilution, underwriting costs, and potential conflicts as larger assets raise advisory fees. Record date: 31 Jul 2025; quorum: majority of outstanding shares. Solicitation costs of roughly $40,900 will be borne by the fund. The Board unanimously recommends voting FOR all three proposals.