HIX (Western Asset Highome Fund II) 3-Year Book Growth Rate: -3.50% (As of Apr. 2026)

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HIX Western Asset High Income Fund II Inc HIX
50 GF Score
Price $3.90
GF Value $6.05
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Western Asset Highome Fund II 3-Year Book Growth Rate?

Western Asset Highome Fund II HIX -1.02% 50 3-Year Book Growth Rate is -3.50% as of Apr. 2026. GuruFocus rates HIX with a GF Score™ of 50/100 and a GF Value™ of $6.05 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,538 Asset Management companies, Western Asset Highome Fund II ranks worse than 73.8% on this metric.

Western Asset Highome Fund II's Book Value per Share for the quarter that ended in Apr. 2026 was $4.18.

During the past 12 months, Western Asset Highome Fund II's average Book Value per Share Growth Rate was -1.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was -3.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was -9.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 9 years, the highest 3-Year average Book Value per Share Growth Rate of Western Asset Highome Fund II was -1.10% per year. The lowest was -12.80% per year. And the median was -6.75% per year.


Western Asset Highome Fund II  (NYSE:HIX) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Western Asset Highome Fund II 3-Year Book Growth Rate Related Terms


HIX vs JGH, AWP, JOF: 3-Year Book Growth Rate Comparison

For the Asset Management subindustry, Western Asset Highome Fund II's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Asset Highome Fund II 3-Year Book Growth Rate vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Fund II's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Fund II's 3-Year Book Growth Rate falls into.


HIX
50GF Score
Western Asset High Income Fund II Inc HIX
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Highome Fund II 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of -3.50% mean?
Western Asset Highome Fund II (HIX) has a 3-Year Book Growth Rate of -3.50% as of Apr. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Western Asset Highome Fund II and its competitors. According to the industry distribution chart, Western Asset Highome Fund II ranks #1135 out of 1538 companies in the Asset Management industry, placing it in the top 73.8%.
Is Western Asset Highome Fund II's 3-Year Book Growth Rate too high?
Western Asset Highome Fund II's current 3-Year Book Growth Rate is -3.50%. Based on the distribution chart, Western Asset Highome Fund II ranks #1135 out of 1538 companies in the Asset Management industry, which is below the industry midpoint. Overall, Western Asset Highome Fund II has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Highome Fund II's 3-Year Book Growth Rate compare to JGH and AWP?
According to the Asset Management industry distribution chart, Western Asset Highome Fund II ranks #1135 out of 1538 companies for 3-Year Book Growth Rate. This places Western Asset Highome Fund II in the lower half of its industry. The industry median 3-Year Book Growth Rate is 2.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Asset Management company?
The median 3-Year Book Growth Rate among Asset Management companies is 2.10, based on 1,538 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Western Asset Highome Fund II and its competitors. For the Asset Management industry, the median 3-Year Book Growth Rate is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Highome Fund II's current 3-Year Book Growth Rate is -3.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Highome Fund II stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Highome Fund II (HIX) is currently considered Significantly Undervalued. The stock's GF Value™ is $6.05, compared to a current price of $3.90 — trading 35.5% below its estimated fair value. The current 3-Year Book Growth Rate is -3.50%. Western Asset Highome Fund II's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Western Asset Highome Fund II (HIX), the current 3-Year Book Growth Rate is -3.50% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Asset Highome Fund II (HIX) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Highome Fund II stock appears to be undervalued. The current stock price of $3.90 is trading 35.5% below its estimated GF Value™ of $6.05. GuruFocus considers Western Asset Highome Fund II to be Significantly Undervalued.

Key valuation signals for HIX:

  • 3-Year Book Growth Rate: -3.50%
  • GF Value™: $6.05 vs. price of $3.90 (35.5% below fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the HIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Asset Highome Fund II Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset High Income Fund II Inc is a diversified closed-end management investment company. Its investment objective is to maximize current income by investing at least 80% of its net assets and borrowings for investment purposes in high-yield debt securities.
50GF Score

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3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.90
Price
$6.05
GF Value