Press coverage about Western Asset High Income Fund II (NYSE:HIX) has been trending positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Asset High Income Fund II earned a daily sentiment score of 0.35 on Accern’s scale. Accern also assigned media headlines about the closed-end fund an impact score of 47.3600158646364 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Western Asset High Income Fund II (NYSE HIX) traded up 0.28% during trading on Friday, reaching $7.17. The company’s stock had a trading volume of 112,470 shares. Western Asset High Income Fund II has a 52 week low of $6.53 and a 52 week high of $7.46. The stock’s 50 day moving average is $7.19 and its 200-day moving average is $7.26.
The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, October 20th will be given a dividend of $0.049 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 8.20%. The ex-dividend date of this dividend is Thursday, October 19th.
Western Asset High Income Fund II Company Profile
Western Asset High Income Fund II Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.
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