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Western Asset High Income Fund II

New York

About

Western Asset High Income Fund II is located at New York, United States. Visit their LinkedIn profile for more detailed information.

Western Asset High Income Fund II Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 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. In addition, the Fund may invest approximately 35% of its total assets in debt securities of issuers located in emerging market countries. It may also invest approximately 30% of its assets in zero coupon securities, pay-in-kind bonds and deferred payment securities, and approximately 20% of its assets in equity securities. Legg Mason Partners Fund Advisor, LLC is the Fund's investment manager. Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. are the Fund's sub-advisors.

Tags : #Insurance

Location :
New York
Added by Jopie, at 01 January 2020

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