HIX (Western Asset Highome Fund II) Selling, General, & Admin. Expense: $0.86 Mil (TTM As of Apr. 2026)


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 Selling, General, & Admin. Expense?

Western Asset Highome Fund II HIX -0.51% 50 Selling, General, & Admin. Expense is $0.86 Mil 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.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Western Asset Highome Fund II's selling, general, & admin. expense for the six months ended in Apr. 2026 was $0.52 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Apr. 2026 was $0.86 Mil.


Western Asset Highome Fund II  (NYSE:HIX) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Western Asset Highome Fund II Selling, General, & Admin. Expense Related Terms


Western Asset Highome Fund II Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Western Asset Highome Fund II's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Western Asset Highome Fund II Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only 0.43 0.58 0.68 0.70 0.86

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
Selling, General, & Admin. Expense 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 0.41 0.31 0.38 0.34 0.52

HIX vs MIY, JGH, SCD: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Western Asset Highome Fund II's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Fund II's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Fund II's Selling, General, & Admin. Expense falls into.


HIX
50GF Score
Western Asset High Income Fund II Inc HIX
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Highome Fund II Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.86 Mil.

* 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 Selling, General, & Admin. Expense of $0.86 Mil mean?
Western Asset Highome Fund II (HIX) has a Selling, General, & Admin. Expense of $0.86 Mil as of Apr. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Western Asset Highome Fund II and its competitors.
Is Western Asset Highome Fund II's Selling, General, & Admin. Expense too high?
Western Asset Highome Fund II's current Selling, General, & Admin. Expense is $0.86 Mil. 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 Selling, General, & Admin. Expense compare to MIY and JGH?
Western Asset Highome Fund II's Selling, General, & Admin. Expense of $0.86 Mil 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 Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Western Asset Highome Fund II and its competitors. Western Asset Highome Fund II's current Selling, General, & Admin. Expense is $0.86 Mil. 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 Selling, General, & Admin. Expense is $0.86 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Western Asset Highome Fund II (HIX), the current Selling, General, & Admin. Expense is $0.86 Mil 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:

  • Selling, General, & Admin. Expense: $0.86 Mil
  • 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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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.94
Price
$6.05
GF Value