Western Asset High Income Fund II Inc. (“HIX”) Sets New Rate and Announces
Distributions for the Months of March, April and May 2013
NEW YORK -- February 19, 2013
Western Asset High Income Fund II Inc. (NYSE:HIX) announced today monthly
distributions of $0.0775 per common share for March, April and May 2013. The
Fund had previously paid a monthly distribution of $0.0800 per share.
The distribution schedule appears below:
Month Ex-Date Record Date Payable Date Amount Type
March 03/13/2013 03/15/2013 03/22/2013 $0.0775 Income
April 04/17/2013 04/19/2013 04/26/2013 $0.0775 Income
May 05/22/2013 05/24/2013 05/31/2013 $0.0775 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 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
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.
Legg Mason, Inc.
Maria Rosati, 212-805-6036
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