HIX (Western Asset Highome Fund II) ROE % Adjusted to Book Value: 5.10% (As of Apr. 2026)

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HIX Western Asset High Income Fund II Inc HIX
50 GF Score
Price $3.94
GF Value $6.05
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Western Asset Highome Fund II ROE % Adjusted to Book Value?

Western Asset Highome Fund II HIX +0.51% 50 ROE % Adjusted to Book Value is 5.10% 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.

Western Asset Highome Fund II's ROE % for the quarter that ended in Apr. 2026 was 4.90%. Western Asset Highome Fund II's PB Ratio for the quarter that ended in Apr. 2026 was 0.96. Western Asset Highome Fund II's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 was 5.10%.


Western Asset Highome Fund II ROE % Adjusted to Book Value Related Terms


Western Asset Highome Fund II ROE % Adjusted to Book Value Historical Data

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The historical data trend for Western Asset Highome Fund II's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Asset Highome Fund II ROE % Adjusted to Book Value Chart

Western Asset Highome Fund II Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only -11.68 -9.17 8.41 8.52 12.55

Western Asset Highome Fund II Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.90 15.02 1.41 19.29 5.10

HIX vs SCD, MIY, AEF: ROE % Adjusted to Book Value Comparison

For the Asset Management subindustry, Western Asset Highome Fund II's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Fund II's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Fund II's ROE % Adjusted to Book Value falls into.


HIX
50GF Score
Western Asset High Income Fund II Inc HIX
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Highome Fund II ROE % Adjusted to Book Value Calculation

Western Asset Highome Fund II's ROE % Adjusted to Book Value for the fiscal year that ended in Apr. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.05% / 0.96
=12.55%

Western Asset Highome Fund II's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=4.90% / 0.96
=5.10%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROE % Adjusted to Book Value of 5.10% mean?
Western Asset Highome Fund II (HIX) has a ROE % Adjusted to Book Value of 5.10% as of Apr. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Western Asset Highome Fund II and its competitors.
Is Western Asset Highome Fund II's ROE % Adjusted to Book Value too high?
Western Asset Highome Fund II's current ROE % Adjusted to Book Value is 5.10%. 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 ROE % Adjusted to Book Value compare to SCD and MIY?
Western Asset Highome Fund II's ROE % Adjusted to Book Value of 5.10% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Asset Management company?
A good ROE % Adjusted to Book Value depends on the Asset Management industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Western Asset Highome Fund II and its competitors. Western Asset Highome Fund II's current ROE % Adjusted to Book Value is 5.10%. 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 $3.94 — trading 34.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 5.10%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Western Asset Highome Fund II (HIX), the current ROE % Adjusted to Book Value is 5.10% 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 $3.94 is trading 34.9% below its estimated GF Value™ of $6.05. GuruFocus considers Western Asset Highome Fund II to be Significantly Undervalued.

Key valuation signals for HIX:

  • ROE % Adjusted to Book Value: 5.10%
  • GF Value™: $6.05 vs. price of $3.94 (34.9% 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.
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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.94
Price
$6.05
GF Value