HIX
Western Asset High Income Fund IIHIX
HIX
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
15% more funds holding
Funds holding: 65 [Q3] → 75 (+10) [Q4]
1.82% more ownership
Funds ownership: 21.02% [Q3] → 22.84% (+1.82%) [Q4]
2% more capital invested
Capital invested by funds: $64M [Q3] → $65M (+$1.02M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for HIX.
Financial journalist opinion
Neutral
Business Wire
1 month ago
Western Asset High Income Fund II Inc. Announces Financial Position as of January 31, 2025
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Neutral
Forbes
5 months ago
Wall Street Missed The Memo On These Bond Yields Up To 13%
It's a party on Wall Street! While the suits fawn over the hot “Trump trade” stocks, we dividend investors are going to dumpster dive.
Neutral
Seeking Alpha
5 months ago
HIX: More Downside Than Upside For This CEF
HIX, a high-leverage fixed-income CEF, blends U.S. high-yield and emerging market bonds, making it a high beta play in the fixed-income space. With credit spreads at historic lows, leveraging up is imprudent; HIX's high beta nature magnifies risks in market downturns. HIX experienced a -36% drawdown in 2022. HIX's distribution is unsustainable, relying heavily on the return of capital, which erodes NAV and heightens vulnerability in market sell-offs.
Neutral
Business Wire
6 months ago
Western Asset High Income Fund II Inc. Announces Results of Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Neutral
24/7 Wall Street
6 months ago
Want $1,200 in Annual Passive Income? Invest $1,200 in Each Of These 9 Stocks
In recent years, many conservative investors relying on fixed-income securities for their income needs have found their buying power cut anywhere from 15% to over 100% on some items, due to inflation.
Neutral
Business Wire
7 months ago
Western Asset High Income Fund II Inc. Announces Financial Position as of July 31, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Positive
Seeking Alpha
8 months ago
HIX: Some Good Characteristics, But Distribution Is Destructive
Western Asset High Income Fund II offers a high 13.42% yield but has a concerning performance trend, with a 50.11% share price decline over ten years. The HIX closed-end fund's high leverage (32.28%) and unsustainable distribution strategy pose significant risks, despite its attractive yield compared to peers. The fund's global bond focus, including emerging markets, is appealing as it could offer a degree of protection against the long term U.S. dollar decline.
Positive
Seeking Alpha
11 months ago
Building A 10% Income Portfolio Today
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 to that article and then subsequent developments in creating my current portfolio. Today, I favor CEFs and ETFs that, in addition to providing regular income, show a positive NAV performance since inception, thereby demonstrating their ability to also generate value over time.
Positive
Forbes
11 months ago
Weird Circumstance Makes These 8% Dividends An Urgent Buy
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.
Negative
Seeking Alpha
11 months ago
HIX: Global Exposure Is Nice, But Underperformance And NAV Destruction Suggests Caution
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, underperforming the Bloomberg High Yield Very Liquid Index. The fund has consistently paid out a larger distribution than the junk bond index, which may be appealing to income-focused investors.
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