Western Asset High Income Fund II Inc. Announces Monthly Dividend of $0.05 (NYSE:HIX)

Western Asset High Income Fund II Inc. (NYSE:HIX) declared a monthly dividend on Thursday, November 20th. Shareholders of record on Tuesday, December 23rd will be given a dividend of 0.049 per share by the closed-end fund on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 14.3%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Western Asset High Income Fund II Trading Down 2.1%

NYSE:HIX opened at $4.11 on Friday. Western Asset High Income Fund II has a 12 month low of $3.65 and a 12 month high of $4.54. The firm has a fifty day simple moving average of $4.28 and a 200-day simple moving average of $4.26.

Institutional Investors Weigh In On Western Asset High Income Fund II

A number of large investors have recently bought and sold shares of HIX. Cetera Investment Advisers raised its position in Western Asset High Income Fund II by 4.7% during the 1st quarter. Cetera Investment Advisers now owns 64,125 shares of the closed-end fund’s stock worth $268,000 after buying an additional 2,895 shares during the last quarter. Rareview Capital LLC raised its stake in shares of Western Asset High Income Fund II by 77.4% during the 1st quarter. Rareview Capital LLC now owns 351,897 shares of the closed-end fund’s stock valued at $1,471,000 after buying an additional 153,544 shares during the last quarter. Shaker Financial Services LLC raised its stake in shares of Western Asset High Income Fund II by 127.4% during the 1st quarter. Shaker Financial Services LLC now owns 609,954 shares of the closed-end fund’s stock valued at $2,572,000 after buying an additional 341,690 shares during the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of Western Asset High Income Fund II by 7.2% in the 1st quarter. Chicago Partners Investment Group LLC now owns 87,389 shares of the closed-end fund’s stock valued at $357,000 after buying an additional 5,892 shares during the period. Finally, AlphaCore Capital LLC purchased a new stake in shares of Western Asset High Income Fund II in the first quarter worth about $226,000.

Western Asset High Income Fund II Company Profile

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.