Western Asset High Income Fund II (HIX) vs DWS Municipal Income (KTF)
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 ($314.3 million vs $313.9 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 9.2x for DWS Municipal Income). Western Asset High Income Fund II offers the higher dividend yield (16.85% vs 9.55%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | HIX | KTF |
|---|---|---|
| Share price | $3.49 | $8.01 |
| Market cap | $314.34M | $313.86M |
| 1-day change | -1.41% | -0.99% |
| YTD return | — | -11.88% |
| 1-year return | — | -12.75% |
| 5-year return | — | -32.12% |
| P/E ratio (TTM) | 6.98 | 9.21 |
| EPS (TTM) | $0.50 | $0.87 |
| Dividend yield | 16.85% | 9.55% |
| Annual dividend | $0.588 | $0.765 |
| 52-week high | $4.37 | $9.37 |
| 52-week low | $3.46 | $7.95 |
| Distance from 52-week high | -20.14% | -14.51% |
| Average volume | 372.80K | 254.31K |
| Shares outstanding | 90.07M | 39.18M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | 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
- DWS Municipal Income trades at a higher earnings multiple (9.2x vs 7.0x trailing P/E).
- Western Asset High Income Fund II offers a meaningfully higher dividend yield (16.85% vs 9.55%).
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
About DWS Municipal Income
KTF stock →Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. It invests in the fixed income markets of the United States.
Financial Services · Asset Management
HIX vs KTF FAQ
Which is bigger, Western Asset High Income Fund II or DWS Municipal Income?
Western Asset High Income Fund II (HIX) is larger, with a market capitalization of $314.34M compared with $313.86M for DWS Municipal Income (KTF).
Which has the lower P/E ratio, HIX or KTF?
HIX has the lower trailing P/E at 7.0, versus 9.2 for KTF. 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 DWS Municipal Income?
Western Asset High Income Fund II has the higher yield at 16.85%, compared with 9.55% for DWS Municipal Income.
Are Western Asset High Income Fund II and DWS Municipal Income in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.