NYSE · Asset Management · USD

Western Asset High Income Fund II Inc. (HIX) Stock Analysis

Western Asset High Income Fund II Inc. (HIX) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

HIX

$3.48

+$0.01 (+0.29%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HIX Key Statistics

As of Oct 21, 2026

Trading

Open: $3.49
Previous Close: $3.47
Day's Range: 3.47–3.50
52-Week Range: 3.41–4.33
Volume: 408.11K
Beta: 0.93

Valuation

Market Cap: $313.44M
P/E Ratio: 6.96
P/S ratio: 6.45
EPS (ttm): 0.50

Financials (FY)

Revenue (FY): $46.44M+41.95%
Net Income (FY): $45.78M+41.95%
Profit margin: 94.18%
Shares Outstanding: 90.07M
1-Year Return: −7.02%

Dividend and dates

Dividend: $0.59+16.95%
Ex-Dividend Date: October 23, 2026
Avg Volume: 363.35K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, HIX closed at $3.48, −7.02% over 1 year.

Western Asset High Income Fund II Inc. (HIX) has a market capitalization of $313.44M.

In fiscal 2025, HIX reported revenue of $46.44M.

HIX Stock Return by Calendar Year

Western Asset High Income Fund II Inc. (HIX) 10-year return: what $10,000 became

1 year: $10,000 $9,298; −7.02%
5 years: $10,000 $8,722; −12.78%
10 years: $10,000 $13,622; +36.22%

If you had invested $10,000 in Western Asset High Income Fund II Inc. (HIX) 10 years ago, at the close on October 21, 2016, it would have been worth $13,622 at the close on October 21, 2026: +36.22% in total, +3.14% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+27.32%−24.60%−8.95%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−8.95%
2025	+13.56%
2024	−3.07%
2023	+15.72%
2022	−24.60%
2021	+13.02%
2020	+12.37%
2019	+27.32%
2018	−9.92%
2017	+7.15%
2016 (partial year)	+3.59%

As of October 21, 2026.

HIX Revenue and Earnings by Fiscal Year

FY ends April

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$46.44M	$45.78M	98.6%
2024	$32.72M	$32.25M	98.6%
2023	$30.23M	$29.31M	96.9%
2022	−$29.72M	−$30.51M	102.7%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$46.44M	—	—	$45.78M	98.6%
2024	$32.72M	—	—	$32.25M	98.6%
2023	$30.23M	—	—	$29.31M	96.9%
2022	−$29.72M	—	—	−$30.51M	102.7%

Annual figures as reported, in the company's reporting currency. As of April 30, 2026.

HIX Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.59+0.0% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.39	8	—
2025	$0.59	12	+0.0%
2024	$0.59	12	+0.0%
2023	$0.59	12	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.39	8	—
2025	$0.59	12	+0.0%
2024	$0.59	12	+0.0%
2023	$0.59	12	+0.0%
2022	$0.59	12	+0.0%
2021	$0.59	12	+0.0%
2020	$0.59	12	+4.8%
2019	$0.56	12	+1.6%
2018	$0.55	12	−9.5%
2017	$0.61	12	+449.5%
2016	$0.11	2	—

Most recent payment: $0.05 per share, ex-dividend August 24, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

HIX Valuation vs Asset Management Median

Median of 512 stocks

Metric	HIX	Asset Management median	vs median
P/E	6.96	9.44	26% below
P/S ratio	6.45	8.59	25% below
Profit margin	94.18%	74.97%	19.2 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Western Asset High Income Fund II Inc. (HIX) carries a market capitalisation of $313.44M. It is classified in the Asset Management industry, within the Financial Services sector.

The most recent close on file for HIX is $3.48, dated October 21, 2026. That is +$0.01 (+0.29%) against the previous close. The 52-week range on file runs from $3.41 to $4.33. The latest close sits 2.05% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $46.44M. That is +41.95% against the prior fiscal year, when revenue was $32.72M. Net income for the same year was $45.78M. That is +41.95% against the prior fiscal year. The reported profit margin is 94.18%. That is 19.2 percentage points above the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 0.5.

Across the 4 fiscal years on file, revenue moves from −$29.72M in 2022 to $46.44M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

HIX trades at a trailing price-to-earnings ratio of 6.96. That is 26.27% below the Asset Management median of 9.44. The price-to-sales ratio is 6.45. On price-to-sales that is 24.96% below the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.93. Annualized volatility over the trailing 10 years is 18.19%. Over the trailing twelve months the total return is −7.02%. Measured over 10 years, that is +3.14% a year compounded.

Growth & Income

HIX pays a dividend yielding 16.95%. That is 8 percentage points above the Asset Management median yield of 8.91%. The indicated annual rate is $0.59 a share. The ex-dividend date on file is October 23, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.39 a share. The year before, 2025, totalled $0.59 a share.

So far in 2026 the total return is −8.95%. The strongest complete calendar year on file is 2019 at +27.32%; the weakest is 2022 at −24.60%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Western Asset High Income Fund II Inc. (HIX) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Western Asset High Income Fund II Inc.	HIX	$313.44M	7.0
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. Western Asset High Income Fund II Inc. trades at a P/E of 7.0.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Western Asset High Income Fund II Inc.

Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in securities of companies that operate across diversified sectors. It invests in high yield debt securities issued by U.S., foreign corporations and foreign governments. The fund employs a combination of quantitative and fundamental analysis with bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. Western Asset High Income Fund II, Inc. was formed on May 28, 1998 and is domiciled in the United States.

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