(HIX) Western Asset High Income II - Ratings and Ratios
Exchange: NYSE •
Country: USA •
Currency: USD •
Type: Fund •
ISIN: US95766J1025
Bonds, High-Yield, Fixed-Income, Debt
Description: HIX Western Asset High Income II October 27, 2025
Western Asset High Income II Closed Fund (NYSE:HIX) is a U.S.-based closed-end fund that invests primarily in high-yield (below-investment-grade) corporate bonds, offering investors exposure to the high-yield fixed-income market.
Key metrics as of the latest filing (Q2 2025) show a distribution yield of roughly 7.2 % and a net asset value (NAV) of about $1.1 billion, with an average portfolio duration of 4.5 years. The fund’s performance is sensitive to the spread between high-yield and Treasury yields, which has narrowed to 3.6 % amid a tightening labor market and modestly declining corporate default rates in the U.S. energy and consumer discretionary sectors.
For a deeper, data-driven view of HIX’s risk-adjusted returns and how its exposure aligns with current macro trends, you may find it worthwhile to explore the fund’s profile on ValueRay.
HIX Fund Overview
| Market Cap in USD | 329m |
| Style | High Yield Bond |
| TER | 1.59% |
| IPO / Inception | 1998-05-22 |
HIX Fund Ratings
| Growth Rating | 51.7% |
| Fundamental | - |
| Dividend Rating | 76.1% |
| Return 12m vs S&P 500 | -6.64% |
| Analyst Rating | - |
HIX Dividends
| Dividend Yield 12m | 14.95% |
| Yield on Cost 5y | 17.50% |
| Annual Growth 5y | 0.87% |
| Payout Consistency | 93.0% |
| Payout Ratio | % |
HIX Growth Ratios
| Growth Correlation 3m | 40% |
| Growth Correlation 12m | 79.6% |
| Growth Correlation 5y | -1.9% |
| CAGR 5y | 10.66% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.54 |
| CAGR/Mean DD 3y (Pain Ratio) | 1.70 |
| Sharpe Ratio 12m | -0.31 |
| Alpha | -1.81 |
| Beta | |
| Volatility | 10.69% |
| Current Volume | 440.4k |
| Average Volume 20d | 305.7k |
| Stop Loss | 4.1 (-3.8%) |
| Signal | 0.31 |
What is the price of HIX shares?
As of November 07, 2025, the stock is trading at USD 4.26 with a total of 440,418 shares traded.
Over the past week, the price has changed by +0.00%, over one month by -0.70%, over three months by +3.97% and over the past year by +11.02%.
Over the past week, the price has changed by +0.00%, over one month by -0.70%, over three months by +3.97% and over the past year by +11.02%.
Is Western Asset High Income II a good stock to buy?
Partly, yes. Based on ValueRay´s Analyses, Western Asset High Income II (NYSE:HIX) is currently (November 2025)
ok to buy, but has to be watched. It has a Growth Technical Rating of 51.68 and therefor an somewhat technical positive rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HIX is around 4.47 USD . This means that HIX is currently overvalued and has a potential downside of 4.93%.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HIX is around 4.47 USD . This means that HIX is currently overvalued and has a potential downside of 4.93%.
Is HIX a buy, sell or hold?
Western Asset High Income II has no consensus analysts rating.
What are the forecasts/targets for the HIX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 5 | 16.7% |
HIX Fundamental Data Overview November 04, 2025
Market Cap USD = 329.4m (329.4m USD * 1.0 USD.USD)
Beta = None
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 329.4m USD (329.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 329.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 329.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.22% (E(329.4m)/V(329.4m) * Re(8.22%) + (debt-free company))
Discount Rate = 8.22% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Beta = None
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 329.4m USD (329.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 329.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 329.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.22% (E(329.4m)/V(329.4m) * Re(8.22%) + (debt-free company))
Discount Rate = 8.22% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for HIX Fund
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle