HIX - Western Asset High Income Fund II Inc. Looks to Continue to Trade Above its Annual-High Share Price Today
Western Asset High Income Fund II Inc. (NYSE:HIX) traded at a new 52-week high today of $7.47. This new high was reached on approximately average trading volume as 97,000 shares traded hands, while the average 30-day volume is approximately 110,000 shares.
Western Asset High Income Fund II Inc. (NYSE:HIX) is currently priced 0.2% above its average consensus analyst price target of $7.39.
Over the past year, Western Asset High Income Fund II Inc. has traded in a range of $6.34 to $7.47 and is now at $7.41, 17% above that low.
Western Asset High Income Fund II Inc is a diversified closed-end management investment company. Its investment objective is to maximize current income by investing at least 80% of its net assets and borrowings for investment purposes in high-yield debt securities.
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