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. Valued at $349.5M, HIX is a small-cap name in its sector. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Market Cap
$349.5M
Beta
0.91
P/E (TTM)
7.61
P/E (Fwd)
—
EPS (TTM)
$0.51
EPS (Fwd)
—
ROE
12.0%
ROA
4.7%
Cash
$6.0M
Total Debt
$172.7M
Free CF
$28.7M
52W Change
-10.6%
Annual Financials
Cash vs Debt
Where HIX stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, HIX finished 1.57% above its 150-day moving average ($3.82) and 2.11% above its 200-day moving average ($3.80). 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 September 3, 2026 close, HIX's RSI(14) was 45.0, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Western Asset High Income Fund II Inc. carries $172.7M in total debt against $6.0M in cash reserves — debt is roughly 28.8x the cash position. Managing this leverage effectively will be important for long-term financial stability. 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. Return on equity stands at 12.0%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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.
Western Asset High Income Fund II Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing HIX.