Western Asset High Income Fund II Inc.
HIXFinancial ServicesNASDAQAsset Management
Scan Results
Daily timeframeOperating under the Asset Management umbrella, Western Asset High Income Fund II Inc. is a financial services company. Western Asset High Income Fund II Inc. The $300.8M market capitalization puts HIX squarely in small-cap range for its industry. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Market Cap
$300.8M
Beta
0.93
P/E (TTM)
6.68
P/E (Fwd)
—
EPS (TTM)
$0.50
EPS (Fwd)
—
ROE
12.0%
ROA
4.7%
Cash
$6.0M
Total Debt
$172.7M
Free CF
$28.7M
52W Change
-21.0%
Annual Financials
Cash vs Debt
Where HIX stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, HIX finished 6.17% below its 150-day moving average ($3.73) and 6.42% below its 200-day moving average ($3.74). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is HIX overbought or oversold?
At the October 20, 2026 close, HIX's RSI(14) was 45.5, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $6.0M in cash, though total debt stands at $172.7M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $28.7M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 12.0% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.7% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$29.7M (2023) to $46.4M (2026), reflecting a 256% increase over the period.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing HIX.