Positive Press Coverage Somewhat Unlikely to Impact Western Asset High Income Fund II (NYSE:HIX) Share Price

News articles about Western Asset High Income Fund II (NYSE:HIX) have been trending positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Asset High Income Fund II earned a daily sentiment score of 0.35 on Accern’s scale. Accern also gave media stories about the closed-end fund an impact score of 48.0985448921351 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of Western Asset High Income Fund II (NYSE:HIX) traded up $0.01 on Friday, reaching $6.97. The company’s stock had a trading volume of 224,367 shares, compared to its average volume of 396,651. Western Asset High Income Fund II has a 12 month low of $6.50 and a 12 month high of $7.46.

The business also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Friday, February 16th will be given a dividend of $0.046 per share. This represents a $0.55 annualized dividend and a yield of 7.92%. The ex-dividend date of this dividend is Thursday, February 15th.

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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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