Virtus Diversified Income & Convertible Fund (ACV) vs Western Asset High Income Fund II (HIX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Western Asset High Income Fund II is the larger company by market cap ($313.4 million vs $252.4 million), about 1.2 times the size. On valuation, Virtus Diversified Income & Convertible Fund trades at a lower trailing P/E (4.7x vs 7.0x for Western Asset High Income Fund II). Western Asset High Income Fund II pays a dividend yielding 16.90%, while Virtus Diversified Income & Convertible Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | ACV | HIX |
|---|---|---|
| Share price | $24.28 | $3.48 |
| Market cap | $252.42M | $313.44M |
| 1-day change | -1.70% | -0.29% |
| YTD return | -6.05% | — |
| 1-year return | +1.35% | — |
| 5-year return | -31.02% | — |
| P/E ratio (TTM) | 4.72 | 6.96 |
| EPS (TTM) | $5.14 | $0.50 |
| Dividend yield | 10.45% | 16.90% |
| Annual dividend | $0.00 | $0.588 |
| 52-week high | $29.04 | $4.35 |
| 52-week low | $23.65 | $3.45 |
| Distance from 52-week high | -16.40% | -20.00% |
| Average volume | 30.03K | 368.52K |
| Shares outstanding | 10.40M | 90.07M |
| Sector | Finance | Financial Services |
| Industry | Finance/Investors Services | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Western Asset High Income Fund II trades at a higher earnings multiple (7.0x vs 4.7x trailing P/E).
- Western Asset High Income Fund II offers a meaningfully higher dividend yield (16.90% vs 10.45%).
- The two companies sit in different sectors: Virtus Diversified Income & Convertible Fund in Finance and Western Asset High Income Fund II in Financial Services.
About Virtus Diversified Income & Convertible Fund
ACV stock →Virtus Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S.
Finance · Finance/Investors Services
About Western Asset High Income Fund II
HIX stock →Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Financial Services · Asset Management
ACV vs HIX FAQ
Which is bigger, Virtus Diversified Income & Convertible Fund or Western Asset High Income Fund II?
Western Asset High Income Fund II (HIX) is larger, with a market capitalization of $313.44M compared with $252.42M for Virtus Diversified Income & Convertible Fund (ACV).
Which has the lower P/E ratio, ACV or HIX?
ACV has the lower trailing P/E at 4.7, versus 7.0 for HIX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Virtus Diversified Income & Convertible Fund or Western Asset High Income Fund II?
Western Asset High Income Fund II has the higher yield at 16.90%, compared with 10.45% for Virtus Diversified Income & Convertible Fund.
Are Virtus Diversified Income & Convertible Fund and Western Asset High Income Fund II in the same industry?
No. Virtus Diversified Income & Convertible Fund is in the Finance sector, while Western Asset High Income Fund II is in Financial Services.