Western Asset High Income Fund II (HIX) vs Horizon Technology Finance (HRZN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Western Asset High Income Fund II is the larger company by market cap ($315.2 million vs $307.4 million), about 1.0 times the size. On valuation, Western Asset High Income Fund II trades at a lower trailing P/E (7.0x vs 15.8x for Horizon Technology Finance). Horizon Technology Finance offers the higher dividend yield (24.43% vs 16.80%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HIX | HRZN |
|---|---|---|
| Share price | $3.50 | $4.59 |
| Market cap | $315.24M | $307.35M |
| 1-day change | +0.57% | +0.11% |
| YTD return | — | -28.99% |
| 1-year return | — | -25.29% |
| 5-year return | — | -73.48% |
| P/E ratio (TTM) | 7.00 | 15.81 |
| Forward P/E | — | 6.22 |
| EPS (TTM) | $0.50 | $0.29 |
| Dividend yield | 16.80% | 24.43% |
| Annual dividend | $0.588 | $1.12 |
| 52-week high | $4.35 | $6.85 |
| 52-week low | $3.45 | $3.80 |
| Distance from 52-week high | -19.54% | -33.07% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +10.80% |
| Average volume | 368.52K | 604.97K |
| Shares outstanding | 90.07M | 67.03M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance: Consumer 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
- Horizon Technology Finance trades at a higher earnings multiple (15.8x vs 7.0x trailing P/E).
- Horizon Technology Finance offers a meaningfully higher dividend yield (24.43% vs 16.80%).
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
About Horizon Technology Finance
HRZN stock →Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries.
Finance · Finance: Consumer Services
HIX vs HRZN FAQ
Which is bigger, Western Asset High Income Fund II or Horizon Technology Finance?
Western Asset High Income Fund II (HIX) is larger, with a market capitalization of $315.24M compared with $307.35M for Horizon Technology Finance (HRZN).
Which has the lower P/E ratio, HIX or HRZN?
HIX has the lower trailing P/E at 7.0, versus 15.8 for HRZN. 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, Western Asset High Income Fund II or Horizon Technology Finance?
Horizon Technology Finance has the higher yield at 24.43%, compared with 16.80% for Western Asset High Income Fund II.
Are Western Asset High Income Fund II and Horizon Technology Finance in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for Western Asset High Income Fund II and Finance: Consumer Services for Horizon Technology Finance.