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home / news releases / HIX - Western Asset High Income Fund II Announces Results of 2019 Annual Meeting of Stockholders


HIX - Western Asset High Income Fund II Announces Results of 2019 Annual Meeting of Stockholders

Stockholders Re-Elect Carol L. Colman, CFA, William R. Hutchinson and Jane E. Trust, CFA to the Board

Western Asset High Income Fund II Inc. (NYSE: HIX) (“the Fund”) today announced that, based on certified voting results from the Fund’s 2019 Annual Meeting of Stockholders (the “Annual Meeting”), stockholders have voted to re-elect Carol L. Colman, CFA, William R. Hutchinson and Jane E. Trust, CFA to the Fund’s Board of Directors.

The Fund issued the following statement:

The Western Asset High Income Fund II Board and management team thank our stockholders for their strong support and participation throughout this process. We appreciate that stockholders recognize that the Fund has the Board, management team and strategy to continue delivering on its track record of strong financial performance and stockholder returns. We look forward to building on our momentum and continuing to achieve our investment objectives of generating high current income and strong total returns.

The certified results also confirm that stockholders have voted to approve a non-binding Board de-classification proposal. The Fund’s Board of Directors will take the "declassification" proposal into consideration.

Based on the certified results, the final vote regarding the election of directors to the Fund’s Board of Directors was as follows:

 

Nominee

 
 

For

 
 

Withhold

 
 

Carol L. Colman, CFA

 
 

29,443,152

 
 

2,425,950

 
 

William R. Hutchinson

 
 

29,428,566

 
 

2,440,536

 
 

Jane E. Trust, CFA

 
 

29,452,878

 
 

2,416,224

 
 

David Basile

 
 

14,578,049

 
 

482,183

 
 

Stephen J. Flanagan

 
 

14,575,643

 
 

484,625

 
 

Frederic Gabriel

 
 

14,572,437

 
 

487,795

 

Based on the certified results, the final vote regarding the non-binding Board de-classification proposal was as follows:

 

For

 
 

Against

 
 

Abstain

 
 

25,075,023

 
 

19,550,501

 
 

2,303,802

 

The final votes have been certified by First Coast Results, Inc., the independent Inspector of Election.

About Western Asset High Income Fund II

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, LLC, an affiliate of the investment manager.

An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate.

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.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (the “Commission”). These reports are available on the Commission’s website at www.sec.gov. For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191031005282/en/

Western Asset High Income Fund II
888-777-0102

Or

Joele Frank, Wilkinson Brimmer Katcher
Andy Brimmer / Dan Katcher / Mahmoud Siddig
212-355-4449

Copyright Business Wire 2019
Stock Information

Company Name: Western Asset High Income Fund II Inc.
Stock Symbol: HIX
Market: NYSE

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