HIX: Interest Rate Cuts Will Put Downward Pressure On This Fund
2025-10-20 13:49:48 ET
The Western Asset High Income Fund II ( HIX ) is a closed-end fund that aims to provide its investors with a very high level of current income. In order to achieve this goal, the fund primarily invests in a portfolio of bonds and similar fixed-income indices. The fund manages to do remarkably well in this respect, as it possesses a very attractive 13.64% yield at the current share price. As we can see in this chart, this is substantially higher than the yields of any of the major domestic or global bond indices:
Index/ETF | Current Yield |
Bloomberg U.S. Aggregate Bond Index ( AGG ) | 3.80% |
Markit iBoxx USD Liquid Investment Grade Index ( LQD ) | 4.31% |
Bloomberg High Yield Very Liquid Index ( JNK ) | 6.56% |
Vanguard Total World Bond ETF ( BNDW ) | 4.01% |
Vanguard Total International Bond Index Fund ETF Shares ( BNDX ) | 4.32% |
J.P. Morgan EMBI Global Core Index ( EMB ) | 5.07% |
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HIX: Interest Rate Cuts Will Put Downward Pressure On This Fund
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