Western Asset High Income Fund II (HIX) : Windsor Capital Management reduced its stake in Western Asset High Income Fund II by 4.65% during the most recent quarter end. The investment management company now holds a total of 286,234 shares of Western Asset High Income Fund II which is valued at $2,060,885 after selling 13,950 shares in Western Asset High Income Fund II , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Western Asset High Income Fund II makes up approximately 1.18% of Windsor Capital Management’s portfolio.
Other Hedge Funds, Including , National Planning Corp reduced its stake in HIX by selling 15,775 shares or 48.52% in the most recent quarter. The Hedge Fund company now holds 16,736 shares of HIX which is valued at $119,160. Western Asset High Income Fund II makes up approx 0.01% of National Planning Corp’s portfolio.Capital Investment Advisors reduced its stake in HIX by selling 31,204 shares or 9.7% in the most recent quarter. The Hedge Fund company now holds 290,512 shares of HIX which is valued at $2,074,256. Western Asset High Income Fund II makes up approx 0.19% of Capital Investment Advisors’s portfolio.
Western Asset High Income Fund II Inc. (the Fund) is a diversified closed-end management investment company. The Fund seeks to maximize current income by investing at least 80% of its net assets plus any borrowings for investment purposes in high-yield debt securities. As a secondary objective it seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income. It may invest up to 35% of its total assets in debt securities of issuers located in emerging market countries. It may also invest up to 30% of its assets in zero coupon securities pay-in-kind bonds and deferred payment securities and up to 20% of its assets in equity securities. It invests in consumer discretionary industrials energy financials and materials sectors. Legg Mason Partners Fund Advisor LLC is its investment manager. Its sub advisers are Western Asset Management Company Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd.