HIX: Western Asset High Income Fund II Inc. - Summary | Jitta

Western Asset High Income Fund II Inc.

NYSE:HIX

Price
$5.27
Loss Chance
51.0%
3.47JITTA SCORE
92.78%Over Jitta Line
Jitta Ranking
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HISTORICAL JITTA SCORE
Related
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Jitta Factors
Growth Opportunity (27)
Recent Business Performance (39)
Financial Strength (62)
Return to Shareholders (19)
Competitive Advantage (23)
Jitta Signs
Operating MarginExpansion
Debt LevelLow Long Term Debt
Share RepurchaseEvery Year
CapExVery Low
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 30 days
Revenue and EarningRevenue decline from 2019-2022
Recent Business PerformanceEarning decline 13.78% in the last year
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
3.47
92.78%
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COMPANY DESCRIPTION
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. The fund invests in securities of companies that operate across diversified sectors. It invests in high yield debt securities issued by U.S., foreign corporations and foreign governments. The fund employs a combination of quantitative and fundamental analysis with bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against 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 formed on May 28, 1998 and is domiciled in the United States.