Western Asset High Income Fund II Inc. Announces Financial Position as of July 31, 2018
September 18 2018 - 8:30AM
Business Wire
Western Asset High Income Fund II Inc. (NYSE: HIX) today
announced the financial position of the Fund as of July 31,
2018.
Current Q
Previous Q Prior Yr Q July 31, 2018 April
30, 2018 July 31, 2017 Total Assets (a) $ 917,189,446 $
908,993,916 $ 933,649,889 Total Net Assets (a) $ 629,019,673 $
636,837,043 $ 672,202,006 NAV Per Share of Common Stock (b) $ 7.30
$ 7.39 $ 7.80 Market Price Per Share $ 6.40 $ 6.55 $ 7.35 Premium /
(Discount) (12.33 )% (11.37 )% (5.77 )% Outstanding Shares
86,203,856 86,203,856 86,203,856 Total Net Investment Income
(c) $ 11,004,449 $ 11,188,627 $ 12,668,585 Total Net
Realized/Unrealized Gain/(Loss) (c) $ (7,054,993 ) $ (27,231,993 )
$ 1,603,057 Net Increase (Decrease) in Net Assets From
Operations (c) $ 3,949,456 $ (16,043,366 ) $ 14,271,642
Earnings per Common
Share Outstanding
Total Net Investment Income (c) $ 0.13 $ 0.13 $ 0.15 Total Net
Realized/Unrealized Gain/(Loss) (c) $ (0.08 ) $ (0.32 ) $ 0.02
Net Increase (Decrease) in Net Assets From Operations (c) $
0.05 $ (0.19 ) $ 0.17
Undistributed/(Overdistributed) Net Investment Income (d) $
(5,325,314 ) $ (4,562,937 ) $ (5,523,306 )
Undistributed/(Overdistributed) Net Investment Income Per Share (d)
$ (0.06 ) $ (0.05 ) $ (0.06 ) Loan Outstanding (d) $
235,000,000 $ 235,000,000 $ 240,000,000 Footnotes:
(a) The difference between total assets and total net assets
is due primarily to the Fund’s use of borrowings; total net assets
do not include borrowings. (b) NAVs are calculated as of the close
of business on the last business day in the periods indicated
above. (c) For the quarter indicated. (d) As of the date indicated
above.
This financial data is unaudited.
The Fund files its semi-annual and annual
reports with the Securities and Exchange Commission, as well as its
complete schedule of portfolio holdings for the first and third
quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website
at www.sec.gov. To obtain information
on Form N-Q or a semi-annual or annual report from the Fund,
shareholders can call
1-888-777-0102.
Western Asset High Income Fund II Inc., a diversified,
closed-end management investment company, is managed by Legg Mason
Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg
Mason, Inc., and is sub-advised by Western Asset Management
Company, an affiliate of the investment manager.
For more information about the Fund, please call 1-888-777-0102
or consult the Fund’s web site at www.lmcef.com. Hard copies of the
Fund’s complete audited financial statements are available free of
charge upon request.
Data and commentary provided in this press release are for
informational purposes only. Legg Mason and its affiliates do not
engage in selling shares of the Fund.
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