Western Asset High Income Fund II (HIX) vs RiverNorth Opportunities Fund (RIV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
RiverNorth Opportunities Fund is the larger company by market cap ($317.7 million vs $314.3 million), about 1.0 times the size. On valuation, RiverNorth Opportunities Fund trades at a lower trailing P/E (6.8x vs 7.0x for Western Asset High Income Fund II). Western Asset High Income Fund II pays a dividend yielding 16.85%, while RiverNorth Opportunities Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | HIX | RIV |
|---|---|---|
| Share price | $3.49 | $10.34 |
| Market cap | $314.34M | $317.73M |
| 1-day change | -1.41% | -1.24% |
| P/E ratio (TTM) | 6.98 | 6.76 |
| EPS (TTM) | $0.50 | $1.53 |
| Dividend yield | 16.85% | 15.16% |
| Annual dividend | $0.588 | $0.00 |
| 52-week high | $4.37 | $12.15 |
| 52-week low | $3.46 | $10.32 |
| Distance from 52-week high | -20.14% | -14.90% |
| Average volume | 372.80K | 126.75K |
| Shares outstanding | 90.07M | 30.73M |
| 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
- Western Asset High Income Fund II offers a meaningfully higher dividend yield (16.85% vs 15.16%).
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 RiverNorth Opportunities Fund
RIV stock →RiverNorth Opportunities Fund, Inc. is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc.
Financial Services · Asset Management
HIX vs RIV FAQ
Which is bigger, Western Asset High Income Fund II or RiverNorth Opportunities Fund?
RiverNorth Opportunities Fund (RIV) is larger, with a market capitalization of $317.73M compared with $314.34M for Western Asset High Income Fund II (HIX).
Which has the lower P/E ratio, HIX or RIV?
RIV has the lower trailing P/E at 6.8, versus 7.0 for HIX. 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 RiverNorth Opportunities Fund?
Western Asset High Income Fund II has the higher yield at 16.85%, compared with 15.16% for RiverNorth Opportunities Fund.
Are Western Asset High Income Fund II and RiverNorth Opportunities Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.