Western Asset High Income Fund II Inc. (HIX) Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. lessened its holdings in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 42.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 514,459 shares of the closed-end fund’s stock after selling 372,500 shares during the period. Bessemer Group Inc.’s holdings in Western Asset High Income Fund II were worth $3,709,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Sage Capital Advisors llc purchased a new position in Western Asset High Income Fund II during the 2nd quarter valued at about $107,000. Virtu KCG Holdings LLC bought a new stake in Western Asset High Income Fund II during the 2nd quarter valued at approximately $108,000. IFC Holdings Incorporated FL bought a new stake in Western Asset High Income Fund II during the 2nd quarter valued at approximately $139,000. Citadel Advisors LLC bought a new stake in Western Asset High Income Fund II during the 2nd quarter valued at approximately $144,000. Finally, Susquehanna International Group LLP bought a new stake in Western Asset High Income Fund II during the 2nd quarter valued at approximately $173,000.

Shares of Western Asset High Income Fund II Inc. (NYSE HIX) opened at $6.97 on Monday. Western Asset High Income Fund II Inc. has a 12-month low of $6.53 and a 12-month high of $7.46.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Friday, October 20th were given a dividend of $0.049 per share. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $0.59 annualized dividend and a yield of 8.44%.

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Western Asset High Income Fund II Company Profile

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 approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.

Institutional Ownership by Quarter for Western Asset High Income Fund II (NYSE:HIX)

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