Western Asset High Inc Fund II Common

The objective is to maximize current income, with a secondary objective of capital appreciation to the extent consistent with maximization of current income. It invests primarily in U.S. high-yield debt securities (corporate and sovereign), rated at the time of investment in medium or lower rating categories. Up to 20% may be invested in emerging market debt securities. Effective 01-Jun-07, the new definition of emerging market country would include any country which is, at the time of investment, represented in the JP Morgan EMBI Global Index or categorized by the World Bank, in its annual categorization, as middle or low-income. Due to changes in its non fundamental investment policy the fund will now be able to invest in dollar rolls, asset backed securities and mortgage backed securities effective from 17-Sep-07.

Key stats

Management firm  Legg Mason
Domicile  United States
Global Branding Name  Legg Mason
12 month yield  9.17%
Fund currency  USD
Launch Date  1998-05-22
ISIN  US95766J1025
SEDOL  2434049
Manager 1 Name  Stephen Walsh
Manager 2 Name  Michael Buchanan
Fund Strategy  High Yield Bond
Benchmark  Barclays US Corporate High Yield MV USD
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -2.69%
Return - 2 Months  -1.76 %
Return - 3 Months  -2.91%
Return - 6 Months  0.09 %
Return - 9 months  3.27 %
Return - 12 Months  7.96%
Annualized return 24 months  9.99 %
Annualized return 36 months  14.99 %
Annualized return 48 months  11.25 %
Annualized return 60 months  13.81 %
Return 120 months  8.88 %
Annualized return since Inception  8.73%
Return YTD  3.27%

Ratings

Morning Star Rating Date   2014-09-30
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 60 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 120 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  0.80 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Legg Mason/Western
Contact Address 2  100 International Drive
Contact Address 3  Baltimore, MD 21202
Contact city  Baltimore
Contact country  United States
Fund Admin Group  Legg Mason
Web Address  www.leggmason.com
Custodian  State Street Bank & Trust Co
Phone  1-877-721-1926

Price

Last Price Date  2014-10-29
Pre-tax nav  8.87
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-0.05
Price change (percentage)  -0.56 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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