Western Asset High Income II vs Greene County Bancorp

Western Asset High Income II (Western Asset High Income Fund II Inc) and Greene County Bancorp (GREENE COUNTY BANCORP INC) are featured on this page to compare business models, financial performance, and market context in a neutral and accessible way. The page presents similarities and differences to help readers understand the approaches of each organisation without making recommendations. Educational content, not financial advice.

Comparison Snapshot

Key Financial Metrics

HIX

Metric

GCBC

$382.80M

Market Cap

$374.76M

N/A

Potential Profit

N/A

Analyst Rating

N/A

Investment Analysis

Western Asset High Income II

HIX

Pros

Offers a high dividend yield around 13.4-13.8%, providing substantial income potential for investors seeking yield.
Manages a diversified global high-yield debt portfolio aiming to maximize current income and capital appreciation.
Managed by experienced asset management firms including Franklin Templeton and Western Asset Management, enhancing credibility.

Considerations

The share price has declined over 50% in the last 10 years, indicating long-term price volatility.
Has a high payout ratio of 1.63, suggesting dividends may not be fully supported by earnings sustainability.
Exhibits elevated risk metrics such as downside capture ratios above 150%, indicating susceptibility to market downturns.

Greene County Bancorp

GCBC

Pros

Greene County Bancorp operates within the regional banking sector, potentially benefiting from localized customer relationships and community banking focus.
Typically benefits from rising interest rate environments which can improve net interest margins.
Has opportunities for growth through loan portfolio expansion and fee income diversification.

Considerations

Exposure to economic cycles and credit risks tied to regional market conditions may increase earnings volatility.
Smaller scale compared to major banks may limit competitive positioning and operational efficiencies.
Regulatory changes in the banking sector pose ongoing compliance costs and operational risks.

About The Companies

Western Asset High Income II (HIX)

Western Asset High Income Fund II Inc., known by its ticker HIX, is a type of investment known as a closed-end fund. Its main goal is to generate a high level of current income for its investors. It aims to achieve this by investing at least 80% of its assets into high-yield debt securities, often referred to as 'junk bonds'. While income is the priority, the fund also has a secondary objective of seeking capital appreciation where possible. Managed by Franklin Templeton Fund Adviser, LLC, the fund has a global scope, with the ability to invest up to 35% of its assets in debt from emerging market countries. It also maintains flexibility to invest a smaller portion in equities like common stocks. As with any investment, it's important to remember that returns are not guaranteed, the value of investments can go down as well as up, and higher yields typically involve higher risk.

Greene County Bancorp (GCBC)

Greene County Bancorp, Inc. is the holding company for The Bank of Greene County, a community-focused bank based in New York. Its main business involves attracting deposits from the general public and using these funds to provide a range of loans. These include residential and commercial mortgages, home equity, consumer, and commercial business loans. This traditional banking model is a core part of its operations. In addition to lending, the company also invests in various assets, including mortgage-backed securities and state and local government bonds, to manage its capital. Through its subsidiaries, it also offers specialised services like managing deposits for public entities and operating a real estate investment trust. For investors, Greene County Bancorp represents a regional banking institution with a focus on community lending and a portfolio of investment securities. As with any bank, its performance can be influenced by interest rates and local economic health.

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6% Interest on Cash

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Western Asset High Income II vs Greene County Bancorp

Comparison Snapshot

Investment Analysis

Western Asset High Income II

Pros

Considerations

Greene County Bancorp

Pros

Considerations

About The Companies

Buy HIX or GCBC in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

Discover More Comparisons

Carter Bankshares vs Greene County Bancorp

Regional Management vs Greene County Bancorp

Frequently asked questions

Comparison Snapshot

About The Companies

Western Asset High Income II vs Greene County Bancorp

Comparison Snapshot

Investment Analysis

Western Asset High Income II

Pros

Considerations

Greene County Bancorp

Pros

Considerations

About The Companies

Buy HIX or GCBC in Nemo

Zero Commission

Trusted & Regulated

6% Interest on Cash

Discover More Comparisons

Carter Bankshares vs Greene County Bancorp

Regional Management vs Greene County Bancorp

Frequently asked questions

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What role do interest rates play in evaluating these investments?

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Educational disclaimer for this content?

Comparison Snapshot

About The Companies