Allspring Income Opportunities Fund (EAD) 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
Allspring Income Opportunities Fund is the larger company by market cap ($355.7 million vs $313.4 million), about 1.1 times the size. On valuation, Western Asset High Income Fund II trades at a lower trailing P/E (7.0x vs 8.9x for Allspring Income Opportunities Fund). Western Asset High Income Fund II offers the higher dividend yield (16.90% vs 10.66%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | EAD | HIX |
|---|---|---|
| Share price | $6.02 | $3.48 |
| Market cap | $355.74M | $313.44M |
| 1-day change | +0.33% | -0.29% |
| P/E ratio (TTM) | 8.85 | 6.96 |
| EPS (TTM) | $0.68 | $0.50 |
| Dividend yield | 10.66% | 16.90% |
| Annual dividend | $0.642 | $0.588 |
| 52-week high | $7.03 | $4.37 |
| 52-week low | $5.92 | $3.45 |
| Distance from 52-week high | -14.37% | -20.37% |
| Average volume | 269.41K | 371.85K |
| Shares outstanding | 59.09M | 90.07M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/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
- Allspring Income Opportunities Fund trades at a higher earnings multiple (8.9x vs 7.0x trailing P/E).
- Western Asset High Income Fund II offers a meaningfully higher dividend yield (16.90% vs 10.66%).
About Allspring Income Opportunities Fund
EAD stock →Wells Fargo Advantage Funds - Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Wells Capital Management Incorporated.
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
EAD vs HIX FAQ
Which is bigger, Allspring Income Opportunities Fund or Western Asset High Income Fund II?
Allspring Income Opportunities Fund (EAD) is larger, with a market capitalization of $355.74M compared with $313.44M for Western Asset High Income Fund II (HIX).
Which has the lower P/E ratio, EAD or HIX?
HIX has the lower trailing P/E at 7.0, versus 8.9 for EAD. 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, Allspring Income Opportunities Fund or Western Asset High Income Fund II?
Western Asset High Income Fund II has the higher yield at 16.90%, compared with 10.66% for Allspring Income Opportunities Fund.
Are Allspring Income Opportunities Fund 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.