Western Asset High Income Fund II Inc.

Western Asset High Income Fund II Inc. (ticker: HIX) is a closed-ended fixed income mutual fund that primarily invests in high yield debt securities. The fund is managed by Legg Mason Partners Fund Advisor, LLC and co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It targets high yield debt issued by U.S. and foreign corporations, as well as foreign governments, across diversified sectors. The fund employs a combination of quantitative and fundamental analysis with a bottom-up security selection process to build its portfolio. It benchmarks its performance against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global.

Western Asset High Income Fund II Inc. (HIX) is listed on the New York Stock Exchange (NYSE) and trades in U.S. dollars (USD). Being listed on the NYSE provides investors with liquidity and access to a major global exchange. The fund's operations and financial reporting are conducted in USD, which is the standard for U.S.-listed securities.

Western Asset High Income Fund II Inc. (HIX) operates in the Financial Services sector, specifically within the Asset Management industry. As an asset management firm, it manages a diversified portfolio of fixed income securities on behalf of its investors. The fund focuses on generating income through high yield debt investments, which are typically higher-risk bonds that offer higher interest rates. This places it within the broader financial services category, which includes companies that manage investments, provide financial advice, or offer other financial products.

Western Asset High Income Fund II Inc. (HIX) is domiciled in the United States. The fund invests in fixed income markets across the globe, including securities issued by U.S. and foreign corporations, as well as foreign governments. Its global investment approach allows it to seek opportunities in both domestic and international high yield debt markets. The fund is managed by Legg Mason Partners Fund Advisor, LLC, which is based in the U.S., and co-managed by Western Asset Management entities located in the U.S., the U.K., and Singapore, reflecting its international reach.

Western Asset High Income Fund II Inc. (HIX) operates as a closed-ended mutual fund, meaning it raises capital through an initial public offering and then invests that capital in a portfolio of securities. The fund's primary objective is to generate income for its shareholders by investing in high yield debt securities, which include bonds from U.S. and foreign corporations and foreign governments. It employs a bottom-up security selection process, combining quantitative and fundamental analysis to identify attractive investment opportunities. The fund benchmarks its performance against two indices: the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. Returns are generated through interest income from the bonds held and potential capital appreciation. The fund was formed on May 28, 1998, and has been managed by experienced asset managers since inception.