Western Asset High Income Fund II Inc. Announces Financial Position as of January 31, 2019
March 27 2019 - 8:30AM
Business Wire
Western Asset High Income Fund II Inc. (NYSE: HIX) today
announced the financial position of the Fund as of January 31,
2019.
Current Q
Previous Q Prior Yr Q January 31, 2019
October 31, 2018 January 31, 2018 Total Assets (a) $
866,432,330 $ 882,848,323 $ 929,144,933 Total Net Assets (a) $
606,565,874 $ 607,035,504 $ 664,690,338 NAV Per Share of Common
Stock (b) $ 7.12 $ 7.07 $ 7.71 Market Price Per Share $ 6.38 $ 6.08
$ 6.85 Premium / (Discount) (10.39 )% (14.00 )% (11.15 )%
Outstanding Shares 85,156,216 85,837,563 86,203,856 Total
Net Investment Income (c) $ 11,693,069 $ 11,154,027 $ 11,698,704
Total Net Realized/Unrealized Gain/(Loss) (c) $ 3,480,163 $
(19,095,810 ) $ (5,611,175 ) Net Increase (Decrease) in Net Assets
From Operations (c) $ 15,173,232 $ (7,941,783 ) $ 6,087,529
Earnings per Common
Share Outstanding
Total Net Investment Income (c) $ 0.14 $ 0.13 $ 0.14 Total Net
Realized/Unrealized Gain/(Loss) (c) $ 0.04 $ (0.22 ) $ (0.07
) Net Increase (Decrease) in Net Assets From Operations (c) $ 0.18
$ (0.09 ) $ 0.07
Undistributed/(Overdistributed) Net Investment Income (d) $
(5,895,196 ) $ (5,932,255 ) $ (6,177,368 )
Undistributed/(Overdistributed) Net Investment Income Per Share (d)
$ (0.07 ) $ (0.07 ) $ (0.07 ) Loan Outstanding (d) $
246,500,000 $ 246,500,000 $ 240,000,000 Reverse Repurchase
Agreements (d) $ 10,988,500 $ 4,787,500 $ - 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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Fund Investor Services1-888-777-0102
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