Business Description
Western Asset High Income Fund II Inc. is a U.S.-based closed-end fund founded in 1998 and overseen by Legg Mason Partners Fund Advisor LLC, working alongside several Western Asset Management entities. The fund targets high-yield debt securities issued by corporations and governments around the world, spreading its investments across a wide range of industries and regions. It builds its portfolio through a mix of data-driven and hands-on research, measuring its results against two established bond market benchmarks.