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Western Asset High Income Fund II Inc. (HIX)

Financial Services | Asset Management | New York, United States | NYSE
4.07 USD +0.03 (0.868%) ⇧ (April 17, 2026, 11:32 a.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 3:59 p.m. EDT

HIX has been trading in a narrow range with limited upward momentum, suggesting a lack of strong short-term buying pressure. The recent price action shows some volatility but no clear trend, which may indicate uncertainty in the market. The dividend yield is high, but the payout ratio is above 1, indicating potential sustainability issues. While the dividend is consistent, the fund's long-term growth prospects are weak given the negative revenue growth and high debt-to-equity ratio. Investors should be cautious about long-term commitments and consider the fund's exposure to interest rate fluctuations. Overall, HIX is not a compelling short-term or long-term investment at this time.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.027175
MSTL0.027554
AutoTheta0.031619
AutoARIMA0.038499

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 42%
H-stat 16.25
Ljung-Box p 0.000
Jarque-Bera p 0.527
Excess Kurtosis -0.46
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-22
Last Dividend Date 2026-03-23
Debt to Equity Ratio 47.678
Revenue per Share 0.547
Market Cap 366,133,376
Trailing P/E 9.45
Beta 0.98
Profit Margins 79.22%
Website https://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=HIX

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.26% 15.09% 16.47% 16.45%
Dividend History
Date Dividend Yield %
2026-03-24 0.049 1.259640
2026-02-20 0.049 1.186898
2026-01-23 0.049 1.191929
2025-12-23 0.049 1.244252
2025-11-20 0.049 1.250037
2025-10-24 0.049 1.226014
2025-09-23 0.049 1.206144
2025-08-22 0.049 1.231021
2025-07-24 0.049 1.265653
2025-06-23 0.049 1.292371
2025-05-22 0.049 1.349103
2025-04-23 0.049 1.382241
2025-03-24 0.049 1.332855
2025-02-21 0.049 1.299221
2025-01-24 0.049 1.357133
2024-12-23 0.049 1.359940
2024-11-21 0.049 1.338329
2024-10-24 0.049 1.344120
2024-09-23 0.049 1.359051
2024-08-23 0.049 1.405706
2024-07-24 0.049 1.408555
2024-06-21 0.049 1.408057
2024-05-22 0.049 1.423558
2024-04-22 0.049 1.465771
2024-03-20 0.049 1.452344
2024-02-21 0.049 1.481717
2024-01-23 0.049 1.494968
2023-12-20 0.049 1.373756
2023-11-21 0.049 1.472413
2023-10-23 0.049 1.607928
2023-09-21 0.049 1.482548
2023-08-23 0.049 1.448327
2023-07-21 0.049 1.445199
2023-06-22 0.049 1.471761
2023-05-22 0.049 1.599419
2023-04-20 0.049 1.487460
2023-03-23 0.049 1.530680
2023-02-17 0.049 1.365952
2023-01-23 0.049 1.355745
2022-12-21 0.049 1.449568
2022-11-21 0.049 1.497939
2022-10-21 0.049 1.746814
2022-09-22 0.049 1.569694
2022-08-23 0.049 1.423466
2022-07-21 0.049 1.513353
2022-06-22 0.049 1.613829
2022-05-20 0.049 1.584948
2022-04-21 0.049 1.456925
2022-03-23 0.049 1.362295
2022-02-17 0.049 1.303959
2022-01-21 0.049 1.273821
2021-12-22 0.049 1.239489
2021-11-19 0.049 1.183878
2021-10-21 0.049 1.169033
2021-09-22 0.049 1.172103
2021-08-23 0.049 1.131945
2021-07-22 0.049 1.182671
2021-06-22 0.049 1.222214
2021-05-20 0.049 1.228847
2021-04-22 0.049 1.278355
2021-03-23 0.049 1.304279
2021-02-18 0.049 1.294600
2021-01-21 0.049 1.315069
2020-12-22 0.049 1.326458
2020-11-19 0.049 1.324378
2020-10-22 0.049 1.417773
2020-09-22 0.049 1.419651
2020-08-21 0.049 1.410818
2020-07-23 0.049 1.462932
2020-06-22 0.049 1.622053
2020-05-20 0.049 1.717444
2020-04-22 0.049 1.800493
2020-03-23 0.049 2.532737
2020-02-20 0.049 1.405120
2020-01-23 0.049 1.449882
2019-12-19 0.049 1.501786
2019-11-21 0.047 1.475365
2019-10-17 0.047 1.441971
2019-09-19 0.047 1.478223
2019-08-22 0.047 1.479688
2019-07-18 0.047 1.430219
2019-06-20 0.047 1.448101
2019-05-23 0.046 1.509829
2019-04-17 0.046 1.508876
2019-03-21 0.046 1.533341
2019-02-14 0.046 1.590355
2019-01-17 0.046 1.653925
2018-12-20 0.046 1.853038
2018-11-21 0.046 1.750812
2018-10-18 0.046 1.673700
2018-09-20 0.046 1.659333
2018-08-23 0.046 1.663507
2018-07-19 0.046 1.662460
2018-06-21 0.046 1.656267
2018-05-24 0.046 1.662913
2018-04-19 0.046 1.651785
2018-03-22 0.046 1.670945
2018-02-15 0.046 1.662316
2018-01-18 0.046 1.599041
2017-12-21 0.046 1.616546
2017-11-22 0.049 1.733396
2017-10-19 0.049 1.680024
2017-09-21 0.049 1.700916
2017-08-23 0.050 1.747588
2017-07-19 0.050 1.733193
2017-06-21 0.050 1.757265
2017-05-17 0.053 1.852375
2017-04-19 0.053 1.878550
2017-03-22 0.053 1.910685
2017-02-15 0.054 1.934177
2017-01-18 0.054 1.975688
2016-12-21 0.054 2.056568
2016-11-16 0.057 2.269500
2016-10-19 0.057 2.123781
2016-09-21 0.057 2.167812
2016-08-17 0.062 2.366974
2016-07-20 0.062 2.404434
2016-06-15 0.062 2.540130
2016-05-18 0.067 2.741780
2016-04-20 0.067 2.764629
2016-03-16 0.067 2.992522
2016-02-17 0.069 3.424717
2016-01-20 0.069 3.496058
2015-12-16 0.069 3.199209
2015-11-18 0.069 3.061600
2015-10-21 0.069 3.056794
2015-09-16 0.069 3.142974
2015-08-19 0.069 3.110201
2015-07-22 0.069 3.000908
2015-06-17 0.069 2.820562
2015-05-20 0.069 2.711799
2015-04-15 0.069 2.721463
2015-03-18 0.069 2.751399
2015-02-18 0.069 2.774979
2015-01-21 0.069 2.833850
2014-12-17 0.069 2.902028
2014-11-19 0.069 2.692134
2014-10-22 0.069 2.598456
2014-09-17 0.069 2.575253
2014-08-20 0.069 2.541632
2014-07-16 0.069 2.544078
2014-06-18 0.069 2.533058
2014-05-21 0.070 2.607948
2014-04-15 0.070 2.633045
2014-03-19 0.070 2.675585
2014-02-19 0.073 2.799122
2014-01-22 0.073 2.818006
2013-12-18 0.073 2.947498
2013-11-20 0.075 3.059683
2013-10-16 0.075 3.007763
2013-09-18 0.075 2.970786
2013-08-21 0.075 3.221416
2013-07-17 0.075 3.154805
2013-06-19 0.075 3.156824
2013-05-22 0.077 2.939856
2013-04-17 0.077 2.979621
2013-03-13 0.077 3.017653
2013-02-13 0.080 3.118727
2013-01-16 0.080 3.165365
2012-12-12 0.080 3.226077
2012-11-20 0.083 3.429556
2012-10-17 0.083 3.227330
2012-09-19 0.083 3.212998
2012-08-22 0.083 3.319599
2012-07-18 0.083 3.408990
2012-06-20 0.083 3.538308
2012-05-16 0.083 3.528683
2012-04-18 0.083 3.634844
2012-03-21 0.083 3.556169
2012-02-15 0.083 3.560750
2012-01-18 0.083 3.726218
2011-12-14 0.083 3.844660
2011-11-16 0.083 3.829601
2011-10-19 0.083 3.894668
2011-09-21 0.083 3.944406
2011-08-17 0.085 4.122053
2011-07-20 0.085 3.914246
2011-06-15 0.085 3.963121
2011-05-18 0.085 3.857269
2011-04-19 0.085 4.029562
2011-03-16 0.085 4.216330
2011-02-16 0.085 4.149372
2011-01-19 0.085 4.362689
2010-12-21 0.085 4.511627
2010-11-17 0.085 4.395739
2010-10-20 0.085 4.261262
2010-09-15 0.085 4.450168
2010-08-18 0.090 4.748345
2010-07-21 0.090 4.884214
2010-06-16 0.090 5.037483
2010-05-19 0.095 5.562473
2010-04-21 0.095 5.052387
2010-03-17 0.095 5.168470
2010-02-17 0.095 5.447031
2010-01-20 0.095 5.315016
2009-12-16 0.095 5.652504
2009-11-18 0.095 5.929473
2009-10-21 0.095 5.946246
2009-09-16 0.095 6.112642
2009-08-19 0.095 6.680882
2009-07-22 0.095 7.081379
2009-06-17 0.095 7.527154
2009-05-20 0.095 8.285045
2009-04-15 0.095 9.903311
2009-03-18 0.095 11.024342
2009-02-18 0.095 10.873366
2009-01-21 0.095 10.283514
2008-12-17 0.095 14.099023
2008-11-19 0.095 14.029505
2008-10-22 0.095 11.443944
2008-09-17 0.095 9.369848
2008-08-20 0.095 7.395853
2008-07-16 0.095 7.433108
2008-06-18 0.095 6.761793
2008-05-21 0.085 6.145630
2008-04-16 0.085 6.407101
2008-03-18 0.085 6.986222
2008-02-20 0.085 6.647324
2008-01-16 0.085 6.340565
2007-12-19 0.085 6.440548
2007-11-20 0.080 6.208864
2007-10-17 0.080 5.787017
2007-09-19 0.080 5.647327
2007-08-22 0.078 5.903402
2007-07-18 0.078 5.686026
2007-06-20 0.078 5.514677
2007-05-16 0.078 5.230657
2007-04-18 0.078 5.399448
2007-03-21 0.078 5.568109
2007-02-14 0.075 5.273259
2007-01-17 0.075 5.436913
2006-12-20 0.075 5.523135
2006-11-15 0.075 5.759516
2006-10-18 0.075 5.894232
2006-09-20 0.075 5.953497
2006-08-18 0.070 5.683675
2006-07-21 0.070 5.960281
2006-06-23 0.070 6.076610
2006-05-19 0.070 6.009025
2006-04-21 0.070 6.039100
2006-03-24 0.070 6.063520
2005-11-10 0.075 6.724064
2005-10-14 0.075 6.769101
2005-09-09 0.075 6.145859
2005-08-12 0.080 6.803139
2005-07-08 0.080 6.688967
2005-06-10 0.080 6.802280
2005-05-13 0.095 8.230794
2005-04-08 0.095 7.849632
2005-03-04 0.095 7.342061
2005-02-11 0.095 7.345226
2005-01-14 0.095 7.452076
2004-12-03 0.095 7.497447
2004-11-12 0.095 7.488445
2004-10-08 0.095 7.622621
2004-09-10 0.095 7.812996
2004-08-13 0.115 9.050873
2004-07-09 0.115 9.352743
2004-06-14 0.115 9.646879
2004-05-14 0.115 10.246605
2004-04-16 0.115 9.507887
2004-03-12 0.115 9.125822
2004-02-13 0.115 9.171520
2004-01-09 0.115 8.969212
2003-12-12 0.115 9.499521
2003-11-14 0.115 9.745360
2003-10-10 0.115 10.285230
2003-09-12 0.115 10.489063
2003-08-08 0.115 11.194480
2003-07-11 0.115 10.627305
2003-06-13 0.115 10.756863
2003-05-09 0.115 11.285963
2003-04-11 0.115 11.673705
2003-03-14 0.115 12.116305
2003-02-14 0.115 12.447584
2003-01-10 0.115 12.747014
2002-12-13 0.115 13.589744
2002-11-08 0.115 14.729020
2002-10-11 0.115 15.945476
2002-09-13 0.115 14.341568
2002-08-09 0.115 15.331514
2002-07-12 0.115 14.484069
2002-06-14 0.115 12.501878
2002-05-10 0.115 12.527956
2002-04-12 0.115 12.890124
2002-03-08 0.115 13.235538
2002-02-08 0.115 13.080309
2002-01-11 0.115 13.511556
2001-12-14 0.115 14.019277
2001-11-16 0.115 14.360248
2001-10-12 0.115 15.137016
2001-08-10 0.115 13.548636
2001-07-13 0.115 14.194835
2001-06-08 0.115 13.714290
2001-05-11 0.115 14.617970
2001-04-12 0.130 16.518566
2001-03-09 0.130 15.617790
2001-02-09 0.130 15.562657
2001-01-12 0.130 15.852223
2000-12-08 0.130 18.563958
2000-11-10 0.130 17.650449
2000-10-13 0.130 18.255712
2000-09-08 0.130 16.263861
2000-08-11 0.130 16.599958
2000-07-14 0.130 17.209508
2000-06-09 0.130 18.240294
2000-05-12 0.130 18.960128
2000-04-14 0.130 18.662165
2000-03-10 0.130 19.722685
2000-02-11 0.115 18.597760
2000-01-14 0.115 18.800076
1999-12-28 0.028 4.740056
1999-12-10 0.115 19.884489
1999-11-12 0.115 18.716514
1999-10-08 0.115 18.281367
1999-09-10 0.115 18.064421
1999-08-13 0.115 17.950618
1999-07-09 0.116 16.590887
1999-06-11 0.115 16.844650
1999-05-14 0.115 17.340589
1999-04-09 0.115 17.151920
1999-03-12 0.182 26.601677
1999-02-12 0.182 28.058600
1999-01-08 0.182 28.183062
1998-12-11 0.182 28.591214
1998-11-13 0.115 17.625588
1998-10-09 0.115 20.291465
1998-09-11 0.115 19.147090
1998-08-14 0.345 49.221648
1998-07-24 0.115 16.378317
Additional Data
dividendRate 0.59
dividendYield 14.59
exDividendDate 2026-04-23
trailingAnnualDividendRate 0.588
trailingAnnualDividendYield 0.1459057
lastDividendValue 0.049
lastDividendDate 2026-03-24
dividendDate 2019-03-01

Info Dump

Attribute Value
52 Week Change 0.0
Address1 One Madison Avenue
Address2 17th Floor
All Time High 15.5
All Time Low 3.08
Ask 4.07
Ask Size 2,600
Average Daily Volume10 Day 280,920
Average Daily Volume3 Month 333,803
Average Volume 333,803
Average Volume10Days 280,920
Beta 0.976
Bid 4.06
Bid Size 3,000
Book Value 4.37
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 4.065
Current Ratio 0.05
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 4.07
Day Low 4.0399
Debt To Equity 47.678
Display Name Western Asset High Income Fund II
Dividend Date 1,551,398,400
Dividend Rate 0.59
Dividend Yield 14.59
Earnings Growth 0.229
Earnings Quarterly Growth 0.229
Earnings Timestamp End 1,656,500,340
Earnings Timestamp Start 1,656,500,340
Ebitda Margins 0.0
Enterprise To Revenue 11.168
Enterprise Value 550,271,296
Eps Trailing Twelve Months 0.43
Esg Populated 0
Ex Dividend Date 1,776,902,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.0592
Fifty Day Average Change 0.005800247
Fifty Day Average Change Percent 0.0014289139
Fifty Two Week Change Percent 0.0
Fifty Two Week High 4.4
Fifty Two Week High Change -0.33500004
Fifty Two Week High Change Percent -0.07613637
Fifty Two Week Low 3.75
Fifty Two Week Low Change 0.31500006
Fifty Two Week Low Change Percent 0.084000014
Fifty Two Week Range 3.75 - 4.4
Financial Currency USD
First Trade Date Milliseconds 895,843,800,000
Five Year Avg Dividend Yield 11.98
Free Cashflow 30,686,252
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 49,271,164
Has Pre Post Market Data 1
Held Percent Insiders 0.000030000001
Held Percent Institutions 0.26061
Implied Shares Outstanding 90,069,709
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,774,310,400
Last Dividend Value 0.049
Last Fiscal Year End 1,745,971,200
Long Business Summary Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in securities of companies that operate across diversified sectors. It invests in high yield debt securities issued by U.S., foreign corporations and foreign governments. The fund employs a combination of quantitative and fundamental analysis with bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. Western Asset High Income Fund II, Inc. was formed on May 28, 1998 and is domiciled in the United States.
Long Name Western Asset High Income Fund II Inc.
Market us_market
Market Cap 366,133,376
Market State REGULAR
Max Age 86,400
Message Board Id finmb_3592381
Most Recent Quarter 1,761,868,800
Net Income To Common 39,034,096
Next Fiscal Year End 1,777,507,200
Non Diluted Market Cap 362,980,923
Open 4.03
Operating Cashflow 59,065,904
Operating Margins 0.89502996
Payout Ratio 1.3674
Phone 800-822-5544
Previous Close 4.03
Price Hint 4
Price To Book 0.930206
Price To Sales Trailing12 Months 7.430987
Profit Margins 0.79223
Quick Ratio 0.045
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.034999847
Regular Market Change Percent 0.86751384
Regular Market Day High 4.07
Regular Market Day Low 4.0399
Regular Market Day Range 4.0399 - 4.07
Regular Market Open 4.03
Regular Market Previous Close 4.03
Regular Market Price 4.065
Regular Market Time 1,776,439,967
Regular Market Volume 74,309
Return On Assets 0.04555
Return On Equity 0.09746
Revenue Growth -0.081
Revenue Per Share 0.547
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 90,069,708
Shares Percent Shares Out 0.0017
Shares Short 115,829
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 112,149
Short Name Western Asset High Income Fund
Short Ratio 0.63
Source Interval 15
State NY
Symbol HIX
Total Cash 375,345
Total Cash Per Share 0.004
Total Debt 187,665,712
Total Revenue 49,271,164
Tradeable 0
Trailing Annual Dividend Rate 0.588
Trailing Annual Dividend Yield 0.1459057
Trailing Eps 0.43
Trailing P E 9.453488
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.2066
Two Hundred Day Average Change -0.14160013
Two Hundred Day Average Change Percent -0.033661418
Type Disp Equity
Volume 74,309
Website https://institutional.myleggmason.com/portal/server.pt?open=512&objID=1377&cached=true&mode=2&userID=225408&mktcd=HIX
Zip 10,010