Western Asset High Income Fund II Inc. (NYSE:HIX – Get Rating) declared a monthly dividend on Wednesday, May 18th, Wall Street Journal reports. Stockholders of record on Friday, July 22nd will be paid a dividend of 0.049 per share by the closed-end fund on Monday, August 1st. This represents a $0.59 annualized dividend and a dividend yield of 11.20%. The ex-dividend date is Thursday, July 21st.
Western Asset High Income Fund II Stock Up 0.2 %
Shares of NYSE:HIX opened at $5.25 on Wednesday. Western Asset High Income Fund II has a 1-year low of $4.87 and a 1-year high of $7.75. The firm's 50 day simple moving average is $5.13 and its two-hundred day simple moving average is $5.80.
Get Western Asset High Income Fund II alerts:Hedge Funds Weigh In On Western Asset High Income Fund II
Large investors have recently made changes to their positions in the business. UBS Group AG lifted its holdings in Western Asset High Income Fund II by 5.3% in the 1st quarter. UBS Group AG now owns 1,915,095 shares of the closed-end fund's stock worth $11,528,000 after purchasing an additional 95,573 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Western Asset High Income Fund II in the first quarter worth $72,000. Private Advisor Group LLC bought a new position in shares of Western Asset High Income Fund II during the first quarter worth $64,000. Raymond James & Associates grew its stake in Western Asset High Income Fund II by 8.6% during the first quarter. Raymond James & Associates now owns 107,354 shares of the closed-end fund's stock valued at $646,000 after acquiring an additional 8,492 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Western Asset High Income Fund II by 4.4% in the 1st quarter. NewEdge Advisors LLC now owns 111,100 shares of the closed-end fund's stock valued at $669,000 after acquiring an additional 4,700 shares during the last quarter.
Western Asset High Income Fund II Company Profile
(Get Rating)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.
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