HIX News and Press, Western Asset High Income Fund II Inc. From 10/20/20

Twenty out of 23 CEF sectors positive on price and 18 out of 23 sectors positive on NAV last week. MLPs rally! RIV offering is now live, with a subscription floor of -5% discount. XFLT increases its distribution by +22%, restoring it to pre COVID-19 levels. For further detai...

This down-cycle cannot be fully cured merely through the application of economic stimulus. Rather, the root cause has to be repaired, and that means the disease has to be brought under control. The economic recovery everyone's counting on is not an independent event, unaffected by dev...

Some market observers have suggested that low and negative yields will hinder government bonds' ability to provide a buffer against down markets because bond returns will also be low. Amid the dramatic sell-off in risk assets earlier this year as the global pandemic took hold, and aga...

Spread levels have been on a noticeable downward trajectory from their peak level on March 23. HY spreads and default rates have an interesting relationship. The WisdomTree U.S. High Yield Corporate Bond Fund is focusing solely on public issuers and eliminating those with negative...

For 94 years, the "average, annual" return for large-cap stocks, which per the Ibbotson data is the S&P 500, is above 10%, and probably closer to 12%. The only return period that matched or roughly approximates the 103-year average, annual return for the S&P 500 is the decade ...

Western Asset High Income Fund II Inc. (NYSE: HIX) today announced the financial position of the Fund as of July 31, 2020. This financial data is unaudited. The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (“SEC”), as ...

The bond markets are in the midst of a feeding frenzy. U.S. high-yield bond sales reached an annual record of $329.8 billion for the year, with three months left to go. The high yield's market's record year follows the U.S. investment-grade bond market, which reached a new record ...

U.S. high-yield bond issuance for 2020 has eclipsed the prior annual sales record of $329.6B set in 2012, according to data compiled by Bloomberg, as companies reap the benefits of the Fed's liquidity-boosting and zero-interest rate policies.The support has effectively turned the industry int...

Coming into COVID-19, a chunk of client bond money was in higher yielding money markets since credit spreads (in my opinion) offered little value prior to March 2020. After the 35% correction in the S&P 500, and upon the announcement of the Fed liquidity programs, all that money w...

Western Asset High Income Fund II (HIX) had declared $0.049/share monthly dividend, in line with previous.Payable Oct. 1; for shareholders of record Sept. 23; ex-div Sept. 22.Payable Nov. 2; for shareholders of record Oct. 23; ex-div Oct. 22.Payable Dec. 1; for shareholders of record Nov. 20;...