Western Asset High Income Fund II (HIX) vs Nuveen Arizona Quality Municipal Income Fund (NAZ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
On valuation, Western Asset High Income Fund II trades at a lower trailing P/E (7.0x vs 18.9x for Nuveen Arizona Quality Municipal Income Fund). Western Asset High Income Fund II offers the higher dividend yield (16.90% vs 7.80%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | HIX | NAZ |
|---|---|---|
| Share price | $3.48 | $10.61 |
| Market cap | $313.44M | — |
| 1-day change | -0.29% | +0.09% |
| P/E ratio (TTM) | 6.96 | 18.95 |
| EPS (TTM) | $0.50 | $0.56 |
| Dividend yield | 16.90% | 7.80% |
| Annual dividend | $0.588 | $0.828 |
| 52-week high | $4.37 | $13.42 |
| 52-week low | $3.45 | $10.18 |
| Distance from 52-week high | -20.37% | -20.94% |
| Average volume | 371.85K | 31.34K |
| Shares outstanding | 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
- Nuveen Arizona Quality Municipal Income Fund trades at a higher earnings multiple (18.9x vs 7.0x trailing P/E).
- Western Asset High Income Fund II offers a meaningfully higher dividend yield (16.90% vs 7.80%).
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
HIX vs NAZ FAQ
Which has the lower P/E ratio, HIX or NAZ?
HIX has the lower trailing P/E at 7.0, versus 18.9 for NAZ. 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 Nuveen Arizona Quality Municipal Income Fund?
Western Asset High Income Fund II has the higher yield at 16.90%, compared with 7.80% for Nuveen Arizona Quality Municipal Income Fund.
Are Western Asset High Income Fund II and Nuveen Arizona Quality Municipal Income Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.