Western Asset High Income Fund II (HIX) Getting Favorable Media Coverage, Report Finds

News articles about Western Asset High Income Fund II (NYSE:HIX) have trended positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Asset High Income Fund II earned a news impact score of 0.32 on Accern’s scale. Accern also gave media stories about the closed-end fund an impact score of 48.0498244760677 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Western Asset High Income Fund II (HIX) traded up $0.02 during trading on Friday, hitting $7.03. 196,595 shares of the stock traded hands, compared to its average volume of 516,389. Western Asset High Income Fund II has a fifty-two week low of $6.50 and a fifty-two week high of $7.46.

The business also recently announced a monthly dividend, which will be paid on Thursday, March 1st. Investors of record on Friday, February 16th will be given a $0.046 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.55 dividend on an annualized basis and a yield of 7.85%.

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Western Asset High Income Fund II Company Profile

Western Asset High Income Fund II Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.

Insider Buying and Selling by Quarter for Western Asset High Income Fund II (NYSE:HIX)

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