HIX (Western Asset Highome Fund II) Total Payout Ratio: 1.25 (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HIX Western Asset High Income Fund II Inc HIX
50 GF Score
Price $3.98
GF Value $6.05
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Western Asset Highome Fund II Total Payout Ratio?

Western Asset Highome Fund II HIX -0.13% 50 Total Payout Ratio is 1.25 as of Jul. 15, 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.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Western Asset Highome Fund II's current Total Payout Ratio is 1.25.

Western Asset Highome Fund II Total Payout Ratio Related Terms

Western Asset Highome Fund II Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for Western Asset Highome Fund II's Total Payout Ratio 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 Total Payout Ratio Chart

Western Asset Highome Fund II Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only -0.80 -0.03 -2.15 1.64 1.25

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
Total Payout Ratio 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 -2.40 0.90 9.88 0.72 3.28

HIX vs MIY, JGH, SCD: Total Payout Ratio Comparison

For the Asset Management subindustry, Western Asset Highome Fund II's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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 Total Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Fund II's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Fund II's Total Payout Ratio falls into.


HIX
50GF Score
Western Asset High Income Fund II Inc HIX
Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Asset Highome Fund II Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Western Asset Highome Fund II's Total Payout Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -57.217) / 45.782
=1.25

Western Asset Highome Fund II's Total Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -30.894) / 9.426
=3.28

* 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.

Frequently Asked Questions Learn more about Total Payout Ratio →
What does a Total Payout Ratio of 1.25 mean?
Western Asset Highome Fund II (HIX) has a Total Payout Ratio of 1.25 as of Jul. 15, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Western Asset Highome Fund II and its competitors.
Is Western Asset Highome Fund II's Total Payout Ratio too high?
Western Asset Highome Fund II's current Total Payout Ratio is 1.25. 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 Total Payout Ratio compare to MIY and JGH?
Western Asset Highome Fund II's Total Payout Ratio of 1.25 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 Total Payout Ratio for an Asset Management company?
A good Total Payout Ratio depends on the Asset Management industry context. However, Total Payout Ratio 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 Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Western Asset Highome Fund II and its competitors. Western Asset Highome Fund II's current Total Payout Ratio is 1.25. 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 $3.98 — trading 34.3% below its estimated fair value. The current Total Payout Ratio is 1.25. 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 Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For Western Asset Highome Fund II (HIX), the current Total Payout Ratio is 1.25 as of Jul. 15, 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 $3.98 is trading 34.3% below its estimated GF Value™ of $6.05. GuruFocus considers Western Asset Highome Fund II to be Significantly Undervalued.

Key valuation signals for HIX:

  • Total Payout Ratio: 1.25
  • GF Value™: $6.05 vs. price of $3.98 (34.3% 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

Get the complete analysis for HIX

Total Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.98
Price
$6.05
GF Value