Western Asset High Income Fund II Announces Results of 2019 Annual Meeting of Stockholders
October 31 2019 - 8:30AM
Business Wire
Stockholders Re-Elect Carol L. Colman, CFA,
William R. Hutchinson and Jane E. Trust, CFA to the Board
Western Asset High Income Fund II Inc. (NYSE: HIX) (“the Fund”)
today announced that, based on certified voting results from the
Fund’s 2019 Annual Meeting of Stockholders (the “Annual Meeting”),
stockholders have voted to re-elect Carol L. Colman, CFA, William
R. Hutchinson and Jane E. Trust, CFA to the Fund’s Board of
Directors.
The Fund issued the following statement:
The Western Asset High Income Fund II Board
and management team thank our stockholders for their strong support
and participation throughout this process. We appreciate that
stockholders recognize that the Fund has the Board, management team
and strategy to continue delivering on its track record of strong
financial performance and stockholder returns. We look forward to
building on our momentum and continuing to achieve our investment
objectives of generating high current income and strong total
returns.
The certified results also confirm that stockholders have voted
to approve a non-binding Board de-classification proposal. The
Fund’s Board of Directors will take the "declassification" proposal
into consideration.
Based on the certified results, the final vote regarding the
election of directors to the Fund’s Board of Directors was as
follows:
Nominee
For
Withhold
Carol L. Colman, CFA
29,443,152
2,425,950
William R. Hutchinson
29,428,566
2,440,536
Jane E. Trust, CFA
29,452,878
2,416,224
David Basile
14,578,049
482,183
Stephen J. Flanagan
14,575,643
484,625
Frederic Gabriel
14,572,437
487,795
Based on the certified results, the final vote regarding the
non-binding Board de-classification proposal was as follows:
For
Against
Abstain
25,075,023
19,550,501
2,303,802
The final votes have been certified by First Coast Results,
Inc., the independent Inspector of Election.
About Western Asset High Income Fund II
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, LLC, an affiliate of the investment manager.
An investment in the Fund involves risk, including loss of
principal. Investment return and the value of shares will
fluctuate.
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.
The Fund files its semi-annual and annual reports with the
Securities and Exchange Commission (the “Commission”). These
reports are available on the Commission’s website at www.sec.gov.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20191031005282/en/
Western Asset High Income Fund II 888-777-0102 Or Joele Frank,
Wilkinson Brimmer Katcher Andy Brimmer / Dan Katcher / Mahmoud
Siddig 212-355-4449
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