Skip to main content

Western Asset High Income Fund II Inc.

corporate_fare Company Profile

Western Asset High Income Fund II Inc.

HIX·NYSE·Unknown·CIK 0001058239

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.

Western Asset High Income Fund II Inc. (NYSE:HIX) is a publicly traded company in the Unknown sector. Wiseek has independently scored 1 item for HIX at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-04-23, rated 7/10. Recent SEC coverage for HIX spans 424B3.

Recent high-impact activity:

  • Western Asset High Income Fund II Updates Portfolio Management Team; Managers Hold No Fund Shares

Short Interest & Short Volume

1.59 days to cover

FINRA reported short interest of 476,420 shares in HIX as of the September 15, 2026 settlement, a 13.4% decrease from the prior period — about 1.6 days to cover at its recent average daily volume. On October 2, 2026, 62.1% of HIX volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)476,420 shares as of September 15, 2026
Change vs prior period▼ 13.4%
Days to cover1.59 at avg daily volume of 300,550
Daily short volume (FINRA facilities)62.1% of 159,917 shares on October 2, 2026
5-day average short volume32.0%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for HIX, detected from its recent SEC filings · based on capital-structure filings through 2026-04-23.

1 recent capital raise

Portfolio Manager Additions · Future Portfolio Manager Departure

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

$3.54
52-week range · as of 2026-04-23 $3.54 – $4.4
Market cap
$318.85M
Volume
268.6K (0.7× avg)
3-mo avg 410.9K
Live data · 2026-10-05 02:49 UTC · Market closed

show_chartPrice Chart

Loading chart...

feed HIX - Latest Insights

HIX
Apr 23, 2026, 5:15 PM EDT
Filing Type: 424B3
Importance Score:
7
Price at Filing: $3.94
Real-time Price: $3.54 info
Change: -$0.400 (-10%) info
Market Cap: $318.847M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets