The Legg Mason Western Asset High IncomeThe income statement provides a summary of a company's revenue and expenses over a specified period of time, typically a year or a quarter. It shows the company's total revenue, th... Fund $HIX stock has exploded higher and has formed a downtrend channelUptrend and downtrend channel patterns are technical analysis tools used to identify potential future price movements. They are formed by two parallel lines on a chart and can be u... breakout. Many dividend paying income funds have had explosive moves higher over the last couple of weeks.
The fund offers a leveraged portfolio of high-yield corporate debt securities from both the U.S. and non-U.S. corporations, with strategic allocations to emerging markets and derivatives.
This is the worst fixed-income year in the history of bonds, says JP Morgan’s Phil Camporeale
