Western Asset High Income Fund II Inc. Announces Financial Position as of July 31, 2019

World News: . []

Western Asset High Income Fund II Inc. (NYSE:HIX) today announced the financial position of the Fund as of July 31, 2019.

 

Current Q

Previous Q

Prior Yr Q

 

July 31, 2019

April 30, 2019

July 31, 2018

Total Assets (a) 

$

922,146,276

 

$

901,187,632

 

$

917,189,446

 

Total Net Assets (a) 

$

635,721,546

 

$

622,145,281

 

$

629,019,673

 

NAV Per Share of Common Stock (b) 

$

7.47

 

$

7.31

 

$

7.30

 

Market Price Per Share 

$

6.97

 

$

6.69

 

$

6.40

 

Premium / (Discount) 

 

(6.69

)%

 

(8.48

)%

 

(12.33

)%

Outstanding Shares 

 

85,156,216

 

 

85,156,216

 

 

86,203,856

 

  
Total Net Investment Income (c) 

$

11,726,763

 

$

11,094,645

 

$

11,004,449

 

Total Net Realized/Unrealized Gain/(Loss) (c) 

$

13,686,216

 

$

16,193,702

 

$

(7,054,993

)

Net Increase (Decrease) in Net Assets From Operations (c) 

$

25,412,979

 

$

27,288,347

 

$

3,949,456

 

  
Earnings per Common Share Outstanding 
Total Net Investment Income (c) 

$

0.14

 

$

0.13

 

$

0.13

 

Total Net Realized/Unrealized Gain/(Loss) (c) 

$

0.16

 

$

0.19

 

$

(0.08

)

Net Increase (Decrease) in Net Assets From Operations (c) 

$

0.30

 

$

0.32

 

$

0.05

 

  
Undistributed/(Overdistributed) Net Investment Income (d) 

$

(4,768,550

)

$

(4,658,599

)

$

(5,325,314

)

Undistributed/(Overdistributed) Net Investment Income 
Per Share (d) 

$

(0.06

)

$

(0.05

)

$

(0.06

)

  
Loan Outstanding (d) 

$

246,500,000

 

$

246,500,000

 

$

235,000,000

 

Reverse Repurchase Agreements (d) 

$

15,301,750

 

$

11,123,000

 

$

-

 

  

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, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website at LINK  . To obtain information on Form N-Q 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 LINK  . 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.

More news and information about Western Asset High Income Fund II Inc.

Published By:

Business Wire: 13:00 GMT Wednesday 11th September 2019

Published: .

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