Western Asset High Income Fund Inc. Portfolio Composition as of December 31, 2012
Western Asset High Income Fund Inc. Portfolio Composition as of December 31, 2012
NEW YORK--(BUSINESS WIRE)-- Western Asset High Income Fund Inc. (NYS: HIF) announces its portfolio composition as of December 31, 2012.
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 | 75.5% | |||
Emerging Market Debt | 10.5% | |||
Sovereign Debt External Currency | 3.3% | |||
Sovereign Debt Local Currency | 1.0% | |||
Corporates External Currency | 6.2% | |||
Investment Grade Corporate Bonds | 7.7% | |||
Bank Loans | 2.2% | |||
Cash & Other Securities | 4.0% | |||
Credit Quality Allocation** | ||||
A | 1.1% | |||
BBB | 6.8% | |||
BB | 15.5% | |||
B | 40.5% | |||
CCC | 27.9% | |||
CC | 1.2% | |||
D | 0.4% | |||
Not Rated | 6.5% | |||
Top Ten High Yield Industries | ||||
Communications | 12.0% | |||
Consumer Cyclical | 11.8% | |||
Capital Goods | 9.4% | |||
Energy | 8.6% | |||
Basic Industry | 8.3% | |||
Consumer Non Cyclical | 8.1% | |||
Transportation | 5.3% | |||
Electric | 5.2% | |||
Technology | 1.6% | |||
Natural Gas | 1.3% | |||
Top Five Emerging Market Countries | ||||
Russia | 2.5% | |||
Brazil | 2.1% | |||
Mexico | 1.2% | |||
Turkey | 1.0% | |||
Venezuela | 1.0% | |||
Currency Allocation | ||||
US Dollars | 98.6% | |||
Brazilian Reals | 0.6% | |||
Euros | 0.3% | |||
Indonesian Rupiahs | 0.3% | |||
Peruvian Nuevos Soles | 0.2% | |||
Average Life (years) | 5.0 | |||
Effective Duration (years) | 3.7 | |||
Average Coupon (%) | 8.2 | |||
Portfolio Statistics: | ||||
Inception Date | January 29, 1993 | |||
Inception Price | $15.00 | |||
Total Assets | $51,746,599 | |||
Loans | 0.0% | |||
Preferred Shares | 0.0% | |||
Reverse Repos | 0.0% | |||
Market Price | $9.39 | |||
NAV | $9.67 | |||
(Daily NAV is available on market quotation systems using the symbol XHIFX.)
Distribution Rate | $0.0595 per share | |
Frequency | Monthly (Declared quarterly, paid monthly) | |
* | Portfolio holdings and weightings are historical and are presented here for |
** | Credit quality is a measure of a bond issuer's ability to repay interest and |
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.
FN1112206
Western Asset High Income Fund Inc.
Fund Investor Services: 888-777-0102
www.leggmason.com/cef.
KEYWORDS: United States North America New York
INDUSTRY KEYWORDS:
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