HIX: Continued NAV Destruction Makes It Hard To Recommend This High-Yielding Fund

Group 1 - The Western Asset High Income Fund II (NYSE: HIX) is a closed-end fund focused on investing in a portfolio of both domestic and foreign junk bonds to provide investors with a very high level of income [1] - The fund aims to generate a 7%+ income yield by investing in energy stocks while minimizing the risk of principal loss [1] - A two-week free trial is currently being offered for the investment service, allowing access to exclusive research and investment ideas [1]