NEW YORK -- (Business Wire)
Western Asset High Income Fund Inc. (NYSE: HIF) announces its portfolio
composition as of March 31, 2011.
Investment Objective: The Fund seeks to maintain a high level of
current income. As a secondary objective, the Fund seeks capital
appreciation.
Portfolio Composition*: | |
|
|
Asset Allocation | |
High Yield Corporate Bonds |
| 79.8% |
Emerging Market Debt | | 12.9% |
Sovereign Debt External Currency | | 3.3% |
Sovereign Debt Local Currency | | 1.1% |
Corporates External Currency | | 8.5% |
|
Investment Grade Corporate Bonds
| | 4.9% |
|
Cash & Other Securities
| | 2.4% |
|
|
Credit Quality Allocation** | |
|
A
| | |
0.4%
|
|
BBB
| | |
4.2%
|
|
BB
| | |
20.1%
|
|
B
| | |
44.4%
|
|
CCC
| | |
17.9%
|
|
CC
| | |
4.9%
|
|
C
| | |
2.1%
|
|
D
| | |
0.3%
|
|
Not Rated
| | |
5.7%
|
|
|
Top Ten High Yield Industries | |
Consumer Cyclical
| |
15.3%
|
|
Communications
| |
11.0%
|
|
Energy
| | |
9.0%
|
Consumer Non Cyclical
| |
8.9%
|
|
Basic Industry
| |
6.6%
|
|
Transportation
| |
6.0%
|
|
Electric
| | |
4.9%
|
|
Capital Goods
| |
4.7%
|
|
Technology
| |
4.2%
|
|
Finance Companies
| |
3.2%
|
|
|
Top Five Emerging Market Countries | |
|
Brazil
| | |
3.0%
|
|
Russia
| | |
2.2%
|
|
Mexico
| | |
1.5%
|
|
India
| | |
1.0%
|
|
Thailand
| | |
0.9%
|
|
|
Currency Allocation | |
|
US Dollar
| | |
98.8%
|
Brazilian Reals
| |
0.5%
|
|
Indonesian Rupiahs
| |
0.4%
|
|
Euro
| | |
0.1%
|
Peruvian Nuevos Soles
| |
0.1%
|
|
|
Average Life (years) | |
6.3
|
Effective Duration (years) | |
4.3
|
Average Coupon (%) | |
8.4
|
|
|
Portfolio Statistics: | |
|
|
Inception Date |
January 29, 1993
|
Inception Price |
$15.00
|
Total Assets |
$50,629,915
|
Loans | |
0.0%
|
Preferred Shares | |
0.0%
|
Reverse Repos | |
0.0%
|
|
|
Market Price |
$10.02
|
NAV | |
$9.71
|
|
(Daily NAV is available on market quotation systems using the symbol
XHIFX.)
|
|
|
Distribution Rate |
$0.0725 per share
|
Frequency |
Monthly (Declared quarterly, paid monthly)
|
* Portfolio holdings and weightings are historical and are presented
here for informational purposes only. They are subject to change at any
time. Any negative weightings are primarily due to unsettled trade
activity.
** Credit quality is a measure of a bond issuer's ability to repay
interest and principal in a timely manner. The credit ratings shown are
based on each portfolio security's rating as provided by Standard and
Poor's, Moody's Investors Service and/or Fitch Ratings, Ltd. For this
purpose, if two or more of the agencies have assigned differing ratings
to a security, the lowest rating is used. Securities that are unrated by
all three agencies are reflected as such. The credit quality of the
investments in the Fund's portfolio does not apply to the stability or
safety of the Fund. These ratings are updated monthly and may change
over time. Please note, the Fund itself has not been rated by an
independent rating agency.
Western Asset High Income Fund Inc., a diversified closed-end investment
management company, is advised by Legg Mason Partners Fund Advisor, LLC,
a wholly owned subsidiary of Legg Mason, Inc., and is sub-advised by
Western Asset Management Company, an affiliate of the advisor.
An investment in the Fund involves risk, including loss of principal.
Investment return and the value of shares will fluctuate. Data and
commentary provided in this press release are for informational purposes
only. Legg Mason and its affiliates do not engage in selling shares of
the Fund.
For more information, please call Fund Investor Services at
888-777-0102, or consult the Fund’s web site at www.leggmason.com/cef.
FN1011948
Contacts:
Legg Mason & Co., LLC
Fund Investor Services, 888-777-0102
www.leggmason.com/cef
Source: Western Asset High Income Fund Inc.
© 2026 Canjex Publishing Ltd. All rights reserved.