(HIX) Western Asset High Income II - Ratings and Ratios

Exchange: NYSE • Country: USA • Currency: USD • Type: Fund • ISIN: US95766J1025

Bonds, Debt, High-Yield

Dividends

Dividend Yield 16.41%
Yield on Cost 5y 18.79%
Yield CAGR 5y 0.00%
Payout Consistency 93.1%
Payout Ratio -
Risk via 5d forecast
Volatility 10.1%
Value at Risk 5%th 16.4%
Relative Tail Risk -1.13%
Reward TTM
Sharpe Ratio 0.69
Alpha 4.40
CAGR/Max DD 0.22
Character TTM
Hurst Exponent 0.346
Beta 0.342
Beta Downside 0.526
Drawdowns 3y
Max DD 19.71%
Mean DD 6.34%
Median DD 5.54%

Description: HIX Western Asset High Income II December 31, 2025

Western Asset High Income II Closed Fund (NYSE: HIX) is a U.S.-based closed-end fund that invests primarily in high-yield corporate bonds, positioning itself as a “high-yield bond” style vehicle.

As of the most recent filing (Q3 2024), HIX reported a 30-day SEC yield of roughly 7.2%, a weighted-average maturity of about 6.5 years, and a portfolio credit quality anchored near Baa2 by Moody’s. The fund’s performance is closely tied to the Federal Reserve’s interest-rate trajectory and the broader health of the U.S. corporate debt market, with energy and consumer discretionary issuers representing its largest sector exposures.

If you want a more granular, data-driven assessment of HIX’s risk-adjusted returns and scenario analyses, the ValueRay platform provides a detailed toolkit that’s worth a look.

What is the price of HIX shares?

As of January 09, 2026, the stock is trading at USD 4.18 with a total of 148,482 shares traded.
Over the past week, the price has changed by +0.00%, over one month by +1.69%, over three months by -0.69% and over the past year by +13.03%.

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 18.9%

HIX Fundamental Data Overview January 08, 2026

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 = 7.27% (E(329.4m)/V(329.4m) * Re(7.27%) + (debt-free company))
Discount Rate = 7.27% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
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