HIX Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: March 27, 2026
Report Source: 2026 2nd Quarter Report
Western Asset High Income Fund II Inc. Stock Analysis HIX
Western Asset High Income Fund II Inc is a US-based company operating in industry. The company is headquartered in New York City, New York. Western Asset High Income Fund II Inc. (the Fund) is a diversified, closed end management investment company. The Fund's primary investment objective is 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, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income. Under normal conditions, the Fund invests at least 80% of its net assets and any borrowings for investment purposes in high-yield debt securities. The Fund invests up to 35% of its total assets in debt securities of issuers located in emerging market countries. The Fund may invest up to 20% of its total assets in common stock, convertible securities, warrants, preferred stock or other equity securities of the United States and foreign issuers when consistent with its objectives. The Fund's investment manager is Franklin Templeton Fund Adviser, LLC.
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Key Statistics of Western Asset High Income Fund II Inc (HIX)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$3.95Volume
292.80KP/E Ratio (TTM)
-52 Week Range
Market Cap
364.78MAvg. Volume
385.15KDividend Yield
-Financial Metrics & Statements of Western Asset High Income Fund II Inc (HIX)
FAQ's for Western Asset High Income Fund II Inc (HIX)
- According to Musaffa’s Shariah screening methodology, Western Asset High Income Fund II Inc (HIX) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.