HIX: Limited Appeal As Long As Rates Remain Elevated [Seeking Alpha]
Western Asset High Income Fund II Inc. (HIX)
US:NYSE Investor Relations:
leggmason.com/en-us/products/closed-end-funds/western-asset-high-income-fund-ii-inc.html
Company Research
Source: Seeking Alpha
HIX's 14% dividend yield is attractive, but payout sustainability is questionable as net investment income remains insufficient to fully cover distributions. The fund's reliance on net realized gains and heavy allocation to below-investment-grade debt heightens NAV erosion and default risks. Performance improvement is contingent on lower interest rates, but current conditions do not warrant accumulation of HIX shares. Hiroshi Watanabe/DigitalVision via Getty Images Overview Western Asset High Income Fund II ( HIX ) operates as a closed-end fund that aims to provide attractive total returns and high income generation from a global portfolio of income producing assets. When I This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compen
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HIX
Sec Filings
- 12/30/25 - Form N-CSRS
- 12/19/25 - Form NPORT-P
- HIX's page on the SEC website