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BlackRock Credit Allocation Income (BTZ) 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 9, 2026.

Summary

On valuation, Western Asset High Income Fund II trades at a lower trailing P/E (7.0x vs 15.2x for BlackRock Credit Allocation Income). Western Asset High Income Fund II offers the higher dividend yield (16.87% vs 10.67%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BTZ+0.75%HIX-0.29%
+1%+0%-0%
Oct 7, 20261 yearOct 8, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BTZ versus HIX key metrics
MetricBTZHIX
Share price$9.44$3.49
Market cap—$313.89M
1-day change+0.05%+0.14%
YTD return-12.93%—
1-year return-15.20%—
5-year return-37.43%—
P/E ratio (TTM)15.226.97
EPS (TTM)$0.62$0.50
Dividend yield10.67%16.87%
Annual dividend$1.01$0.588
52-week high$11.18$4.35
52-week low$9.25$3.45
Distance from 52-week high-15.61%-19.89%
Average volume361.57K368.52K
Shares outstanding—90.07M
SectorFinanceFinance
IndustryFinance/Investors ServicesFinance/Investors Services

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

  • BlackRock Credit Allocation Income trades at a higher earnings multiple (15.2x vs 7.0x trailing P/E).
  • Western Asset High Income Fund II offers a meaningfully higher dividend yield (16.87% vs 10.67%).

About BlackRock Credit Allocation Income

BTZ stock →

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited.

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.

Finance · Finance/Investors Services

BTZ vs HIX FAQ

Which has the lower P/E ratio, BTZ or HIX?

HIX has the lower trailing P/E at 7.0, versus 15.2 for BTZ. 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, BlackRock Credit Allocation Income or Western Asset High Income Fund II?

Western Asset High Income Fund II has the higher yield at 16.87%, compared with 10.67% for BlackRock Credit Allocation Income.

Are BlackRock Credit Allocation Income and Western Asset High Income Fund II in the same industry?

Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.

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