Robinson Capital Management LLC Has $1.80 Million Holdings in Western Asset High Income Fund II Inc. (HIX)

Robinson Capital Management LLC reduced its holdings in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 277,006 shares of the closed-end fund’s stock after selling 8,800 shares during the quarter. Robinson Capital Management LLC’s holdings in Western Asset High Income Fund II were worth $1,795,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. IHT Wealth Management LLC purchased a new stake in Western Asset High Income Fund II in the 4th quarter worth approximately $2,053,000. NINE MASTS CAPITAL Ltd bought a new position in shares of Western Asset High Income Fund II in the 3rd quarter worth $885,000. Vident Investment Advisory LLC increased its holdings in shares of Western Asset High Income Fund II by 3.9% in the 3rd quarter. Vident Investment Advisory LLC now owns 1,269,796 shares of the closed-end fund’s stock worth $8,051,000 after buying an additional 47,875 shares during the last quarter. RMB Capital Management LLC increased its holdings in shares of Western Asset High Income Fund II by 14.0% in the 4th quarter. RMB Capital Management LLC now owns 369,288 shares of the closed-end fund’s stock worth $2,127,000 after buying an additional 45,241 shares during the last quarter. Finally, Vivaldi Capital Management LLC increased its holdings in shares of Western Asset High Income Fund II by 21.2% in the 4th quarter. Vivaldi Capital Management LLC now owns 224,371 shares of the closed-end fund’s stock worth $1,292,000 after buying an additional 39,282 shares during the last quarter.

In other Western Asset High Income Fund II news, major shareholder Saba Capital Management, L.P. bought 55,356 shares of Western Asset High Income Fund II stock in a transaction that occurred on Friday, April 12th. The shares were bought at an average price of $6.61 per share, with a total value of $365,903.16. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders have purchased 319,532 shares of company stock worth $2,081,373.

Shares of NYSE:HIX opened at $6.59 on Thursday. Western Asset High Income Fund II Inc. has a one year low of $5.42 and a one year high of $6.66.

The firm also recently announced a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 24th will be issued a dividend of $0.046 per share. This represents a $0.55 annualized dividend and a dividend yield of 8.38%. The ex-dividend date of this dividend is Thursday, May 23rd.

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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.

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

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