Western Asset High Income Fund II Inc. Announces Financial Position as of January 31, 2020
March 25 2020 - 8:00AM
Business Wire
Western Asset High Income Fund II Inc. (NYSE: HIX) today
announced the financial position of the Fund as of January 31,
2020.
Current Q Previous Q Prior Yr Q January 31,
2020 October 31, 2019 January 31, 2019 Total
Assets (a)
$
912,001,867
$
890,522,940
$
866,432,330
Total Net Assets (a)
$
632,790,618
$
620,987,641
$
606,565,874
NAV Per Share of Common Stock (b)
$
7.43
$
7.29
$
7.12
Market Price Per Share
$
6.83
$
6.73
$
6.38
Premium / (Discount)
(8.08
)%
(7.68
)%
(10.39
)%
Outstanding Shares
85,156,216
85,156,216
85,156,216
Total Net Investment Income (c)
$
12,345,475
$
11,056,937
$
11,693,069
Total Net Realized/Unrealized Gain/(Loss) (c)
$
11,719,997
$
(13,826,394
)
$
3,480,163
Net Increase (Decrease) in Net Assets From Operations (c)
$
24,065,472
$
(2,769,457
)
$
15,173,232
Earnings per Common Share
Outstanding Total Net Investment Income (c)
$
0.14
$
0.13
$
0.14
Total Net Realized/Unrealized Gain/(Loss) (c)
$
0.14
$
(0.16
)
$
0.04
Net Increase (Decrease) in Net Assets From Operations (c)
$
0.28
$
(0.03
)
$
0.18
Undistributed/(Overdistributed) Net Investment Income (d)
$
(5,593,081
)
$
(5,676,061
)
$
(5,895,196
)
Undistributed/(Overdistributed) Net Investment Income Per Share (d)
$
(0.07
)
$
(0.07
)
$
(0.07
)
Loan Outstanding (d)
$
246,500,000
$
246,500,000
$
246,500,000
Reverse Repurchase Agreements (d)
$
18,613,000
$
15,754,500
$
10,988,500
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 (“SEC”), as
well as its complete schedule of portfolio holdings for the first
and third quarters of each fiscal year as an exhibit to its reports
on Form N-PORT. These reports are available on the SEC’s website at
www.sec.gov. To obtain information on Forms N-PORT 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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version on businesswire.com: https://www.businesswire.com/news/home/20200325005296/en/
Media Contact: Fund Investor Services 1-888-777-0102
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