Landscape Capital Management L.L.C. Reduces Stock Holdings in Western Asset High Income Fund II Inc. $HIX

Landscape Capital Management L.L.C. decreased its stake in Western Asset High Income Fund II Inc. (NYSE:HIX) by 36.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 113,398 shares of the closed-end fund’s stock after selling 65,086 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Western Asset High Income Fund II were worth $474,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. North Ground Capital purchased a new position in shares of Western Asset High Income Fund II in the 1st quarter worth approximately $452,000. Comerica Bank boosted its holdings in shares of Western Asset High Income Fund II by 134.1% in the 1st quarter. Comerica Bank now owns 9,369 shares of the closed-end fund’s stock worth $39,000 after purchasing an additional 5,367 shares during the period. SFI Advisors LLC boosted its holdings in shares of Western Asset High Income Fund II by 25.1% in the 1st quarter. SFI Advisors LLC now owns 107,830 shares of the closed-end fund’s stock worth $451,000 after purchasing an additional 21,631 shares during the period. Summit Securities Group LLC purchased a new position in shares of Western Asset High Income Fund II in the 1st quarter worth approximately $45,000. Finally, HighTower Advisors LLC purchased a new position in shares of Western Asset High Income Fund II in the 1st quarter worth approximately $74,000.

Western Asset High Income Fund II Stock Performance

HIX opened at $4.31 on Monday. The business has a fifty day moving average of $4.29 and a 200 day moving average of $4.21. Western Asset High Income Fund II Inc. has a 52-week low of $3.65 and a 52-week high of $4.54.

Western Asset High Income Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Friday, October 24th will be issued a dividend of $0.049 per share. The ex-dividend date is Friday, October 24th. This represents a c) dividend on an annualized basis and a yield of 13.7%.

About Western Asset High Income Fund II

Western Asset High Income Fund II Inc is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.