Loading market dashboard
Western Asset High Income Fund II Inc.
HIXFinancial ServicesNYSEUS
Loading disclosure news
News and disclosures filtered by period, publisher, and event group.
Select a headline to open the full news page in the app.
The Western Asset High Income Fund II (HIX) offers a 14.74% yield but suffers persistent net asset value (NAV) erosion, raising sustainability concerns. HIX's distribution exceeds net investment income, relying on unrealized gains and capital, which threatens long-term NAV and future payouts. Exposure to Spirit Airlines bankruptcy may result in further portfolio losses, though position size is not dominant but still material.
GraniteShares Advisors LLC acquired a new position in shares of Western Asset High Income Fund II Inc. (NYSE: HIX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 663,931 shares of the closed-end fund's stock, valued at approximately $2,762,000. Western Asset
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Western Asset High Income Fund II Inc. (NYSE: HIX - Get Free Report)'s stock price passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $4.19 and traded as low as $3.96. Western Asset High Income Fund II shares last traded at $3.99, with a volume of
