Is Western Asset High Income Fund II Inc overvalued?

Western Asset High Income Fund II Inc (HIX) looks undervalued — trading about 112% below its fair value.

Undervalued

Price

$3.98

Fair value

$8.45

Current P/E

5.4

Normal P/E

11.5

Market cap

$358.0M

Dividend yield

15.8%

Return on equity

12.2%

Sector

Financial Services

Fair value compares HIX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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