NEW YORK--(BUSINESS WIRE)--Western Asset High Income Fund II Inc. (NYSE: HIX) (“the Fund”) today announced that, based on certified voting results from the Fund’s 2019 Annual Meeting of Stockholders (the “Annual Meeting”), stockholders have voted to re-elect Carol L. Colman, CFA, William R. Hutchinson and Jane E. Trust, CFA to the Fund’s Board of Directors.
The Fund issued the following statement:
The Western Asset High Income Fund II Board and management team thank our stockholders for their strong support and participation throughout this process. We appreciate that stockholders recognize that the Fund has the Board, management team and strategy to continue delivering on its track record of strong financial performance and stockholder returns. We look forward to building on our momentum and continuing to achieve our investment objectives of generating high current income and strong total returns.
The certified results also confirm that stockholders have voted to approve a non-binding Board de-classification proposal. The Fund’s Board of Directors will take the "declassification" proposal into consideration.
Based on the certified results, the final vote regarding the election of directors to the Fund’s Board of Directors was as follows:
Nominee |
For |
Withhold |
||||||
Carol L. Colman, CFA |
29,443,152 |
2,425,950 |
||||||
William R. Hutchinson |
29,428,566 |
2,440,536 |
||||||
Jane E. Trust, CFA |
29,452,878 |
2,416,224 |
||||||
David Basile |
14,578,049 |
482,183 |
||||||
Stephen J. Flanagan |
14,575,643 |
484,625 |
||||||
Frederic Gabriel |
14,572,437 |
487,795 |
Based on the certified results, the final vote regarding the non-binding Board de-classification proposal was as follows:
For |
Against |
Abstain |
||||||
25,075,023 |
19,550,501 |
2,303,802 |
The final votes have been certified by First Coast Results, Inc., the independent Inspector of Election.
About Western Asset High Income Fund II
Western Asset High Income Fund II Inc., a diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, LLC, an affiliate of the investment manager.
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.
The Fund files its semi-annual and annual reports with the Securities and Exchange Commission (the “Commission”). These reports are available on the Commission’s website at www.sec.gov. For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.