WESTERN ASSET HIGH INCOME FUND II INC.

WESTERN ASSET HIGH INCOME FUND II INC. is a closed-ended fixed income mutual fund. The fund is managed by Legg Mason Partners Fund Advisor, LLC, with co-management provided by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in fixed income markets globally, focusing on securities of companies operating across diversified sectors. Specifically, the fund allocates capital to high yield debt securities issued by U.S. corporations, foreign corporations, and foreign governments. To construct its investment portfolio, the fund utilizes a combination of quantitative and fundamental analysis, alongside a bottom-up security selection process. The performance of its portfolio is benchmarked against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. WESTERN ASSET HIGH INCOME FUND II INC. was established on May 28, 1998, and is domiciled in the United States.