HIX Profile
Western Asset High Income Fund II Inc., a closed-ended fixed income mutual fund managed by Legg Mason Partners Fund Advisor, LLC, operates with co-management from Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. Established on May 28, 1998, and headquartered in the United States, the fund specializes in global fixed income investments.
The fund's investment strategy focuses on high yield debt securities issued by a diverse array of companies spanning various sectors and geographies, including the United States, foreign corporations, and foreign governments. Leveraging a blend of quantitative analysis and fundamental research, it employs a bottom-up security selection process to construct its investment portfolio.
Western Asset High Income Fund II Inc. benchmarks its performance against prominent indices such as the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. These benchmarks serve as critical metrics to evaluate the fund's performance and gauge its comparative positioning within the global fixed income markets.
With its long-standing presence and expertise in fixed income investing, the fund aims to deliver attractive returns while managing risk effectively. By integrating rigorous investment methodologies and leveraging the global insights of its management teams, Western Asset High Income Fund II Inc. seeks to meet the investment objectives of its shareholders with a focus on income generation and capital preservation.
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