Western Asset High Income Fund II Inc. (“HIX”) Sets New Rate and Announces
Distributions for the Months of December 2012, January and February 2013
NEW YORK -- November 13, 2012
Western Asset High Income Fund II Inc. (NYSE: HIX) announced today monthly
distributions of $0.0800 per common share for December 2012, January and
February 2013. The Fund had previously paid a monthly distribution of $0.0825
The distribution schedule appears below:
Month Ex-Date Record Date Payable Date Amount Type
December 12/12/2012 12/14/2012 12/21/2012 $0.0800 Income
January 01/16/2013 01/18/2013 01/25/2013 $0.0800 Income
February 02/13/2013 02/15/2013 02/22/2013 $0.0800 Income
The Fund has decreased its distributions to a level that better approximates
the current level of net investment income generated by its investment
portfolio. As the Fund reinvests principal and income, it reinvests at lower
levels as yields remain at historic lows.
This press release is not for tax reporting purposes but is being provided to
announce the amount of the Fund’s distributions that have been declared by the
Board of Directors. In early 2013 and early 2014, after definitive information
is available, the Fund will send shareholders a Form 1099-DIV, if applicable,
specifying how the distributions paid by the Fund during the prior calendar
year should be characterized for purposes of reporting the distributions on a
shareholder’s tax return (e.g., ordinary income, long-term capital gain or
return of capital).
Western Asset High Income Fund II Inc., a diversified, closed-end management
investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a
wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western
Asset Management Company, an affiliate of the investment manager.
Contact the Fund at 1-888-777-0102 for additional information, or consult the
Fund’s web site at www.lmcef.com.
Data and commentary provided in this press release are for informational
purposes only. Legg Mason and its affiliates do not engage in selling shares
of the Fund.
Western Asset High Income Fund II Inc.
Maria Rosati, 212-805-6036
Press spacebar to pause and continue. Press esc to stop.