<SEC-DOCUMENT>0001062993-19-001793.txt : 20190418
<SEC-HEADER>0001062993-19-001793.hdr.sgml : 20190418
<ACCEPTANCE-DATETIME>20190418155634
ACCESSION NUMBER:		0001062993-19-001793
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20190418
DATE AS OF CHANGE:		20190418
GROUP MEMBERS:		BOAZ R. WEINSTEIN

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WESTERN ASSET HIGH INCOME FUND II INC.
		CENTRAL INDEX KEY:			0001058239
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-81435
		FILM NUMBER:		19755874

	BUSINESS ADDRESS:	
		STREET 1:		620 EIGHTH AVENUE
		STREET 2:		49TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018
		BUSINESS PHONE:		8887770102

	MAIL ADDRESS:	
		STREET 1:		620 EIGHTH AVENUE
		STREET 2:		49TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SALOMON BROTHERS HIGH INCOME FUND II INC
		DATE OF NAME CHANGE:	19980421

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SALOMON BROTHERS HIGH YIELD BOND FUND IN
		DATE OF NAME CHANGE:	19980319

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Saba Capital Management, L.P.
		CENTRAL INDEX KEY:			0001510281
		IRS NUMBER:				800361690
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		405 LEXINGTON AVENUE
		STREET 2:		58TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10174
		BUSINESS PHONE:		212-542-4635

	MAIL ADDRESS:	
		STREET 1:		405 LEXINGTON AVENUE
		STREET 2:		58TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10174
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>schedule13da-hix.htm
<DESCRIPTION>SCHEDULE 13D/A
<TEXT>
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<P align=center><B><FONT size=5>UNITED STATES</FONT></B><BR><FONT
size=5>&nbsp;<B>SECURITIES AND EXCHANGE
COMMISSION</B></FONT><B></B><BR>Washington, D.C. 20549</P>
<P align=center><B><FONT size=5>SCHEDULE 13D/A</FONT></B></P>
<P align=center>Under the Securities Exchange Act of 1934 <BR>(Amendment No.
1)</P>
<P align=center><B><FONT size=5><U>Western Asset High Income Fund II, Inc.
</U></FONT></B><BR>(Name of Issuer)</P>
<P align=center><U>Common Shares, $0.0001 par value </U><BR>(Title of Class of
Securities)</P>
<P align=center><U>95766J102 </U><BR>(CUSIP Number)</P>
<P align=center>Saba Capital Management, L.P. <BR>405 Lexington Avenue <BR>58th
Floor <BR>New York, NY 10174 <BR>Attention: Michael D'Angelo <BR><U>(212)
542-4635 </U><BR>(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)</P>
<P align=center><U>April 18, 2019</U><BR>(Date of Event Which Requires Filing of
This Statement)</P>
<P align=justify>If the filing person has previously filed a statement on
Schedule 13G to report the acquisition that is the subject of this Schedule 13D,
and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule
13d-1(g), check the following box. [X]</P>
<P align=center>(Page 1 of 10 Pages)</P>
<P align=justify>______________________________ <BR>* The remainder of this
cover page shall be filled out for a reporting person's initial filing on this
form with respect to the subject class of securities, and for any subsequent
amendment containing information which would alter disclosures provided in a
prior cover page. </P>
<P align=justify>The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("<U>Act</U>") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).</P>
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<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
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  <TR vAlign=top>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=left><B>CUSIP No. 95766J102</B> </TD>
    <TD align=center width="33%"><B>SCHEDULE 13D/A</B> </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="33%"><B>Page 2 of 10 Pages</B>
</TD></TR></TABLE></DIV><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center ><B>1</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>NAME OF REPORTING PERSON <BR>&nbsp;
      <BR>Saba Capital Management, L.P. </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>2</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>CHECK THE APPROPRIATE BOX IF A MEMBER
      OF A GROUP <BR>&nbsp; <BR>(a) [ ] <BR>(b) [ ] </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      ><B>3</B> </TD>
    <TD align=left width="83%" colSpan=2>SEC USE ONLY <BR>&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>4</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>SOURCE OF FUNDS <BR>&nbsp; <BR>OO
      (see Item 3) </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>5</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>CHECK BOX IF DISCLOSURE OF LEGAL
      PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) <BR>&nbsp;&nbsp;
      <BR>[ ] </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>6</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>CITIZENSHIP OR PLACE OF ORGANIZATION
      <BR>&nbsp; <BR>Delaware </TD></TR>
  <TR vAlign=top>
    <TD align=center rowSpan=4 ><BR><BR>NUMBER OF <BR>SHARES
      <BR>BENEFICIALLY <BR>OWNED BY <BR>EACH <BR>REPORTING <BR>PERSON WITH:
      <BR><BR></TD>
    <TD align=center width="5%" ><B>7</B> <BR></TD>
    <TD align=left width="78%">SOLE VOTING POWER <BR>&nbsp; <BR>-0- </TD></TR>
  <TR vAlign=top>
    <TD align=center width="5%" ><B>8</B> </TD>
    <TD align=left width="78%">SHARED VOTING POWER&nbsp;<BR>&nbsp;
      <BR>10,659,063 </TD></TR>
  <TR vAlign=top>
    <TD align=center width="5%" ><B>9</B> <BR></TD>
    <TD align=left width="78%">SOLE DISPOSITIVE POWER <BR>&nbsp; <BR>-0-
</TD></TR>
  <TR vAlign=top>
    <TD align=center width="5%" ><B>10</B> <BR></TD>
    <TD align=left width="78%">SHARED DISPOSITIVE POWER <BR>&nbsp;
      <BR>10,659,063 </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>11</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>AGGREGATE AMOUNT BENEFICIALLY OWNED
      BY EACH PERSON <BR>&nbsp; <BR>10,659,063 </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      ><B>12</B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="83%"
    colSpan=2>CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
      SHARES <BR>&nbsp; <BR>[ ] </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>13</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>PERCENT OF CLASS REPRESENTED BY
      AMOUNT IN ROW (11) <BR>&nbsp; <BR>12.42%<SUP>1</SUP> </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>14</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>TYPE OF REPORTING PERSON <BR>&nbsp;
      <BR>PN; IA </TD></TR></TABLE></DIV>
<P align=justify><SUP>_____________________________<BR>1</SUP> The percentages
used herein are calculated based upon 85,837,563 shares of common stock
outstanding as of 10/31/2018, as disclosed in the company's Form N-CSR filed
1/24/2019. </P>
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    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=left><B>CUSIP No. 95766J102</B> </TD>
    <TD align=center width="33%"><B>SCHEDULE 13D/A</B> </TD>
    <TD
    style="BORDER-RIGHT: #000000 1px solid; BORDER-TOP: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid"
    align=right width="33%"><B>Page&nbsp;3 of 10 Pages</B>
</TD></TR></TABLE><BR>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD align=center ><B>1</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>NAME OF REPORTING PERSON <BR>&nbsp;
      <BR>Boaz R. Weinstein </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>2</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>CHECK THE APPROPRIATE BOX IF A MEMBER
      OF A GROUP <BR>&nbsp; <BR>(a) [ ] <BR>(b) [ ] </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      ><B>3</B> </TD>
    <TD align=left width="83%" colSpan=2>SEC USE ONLY <BR>&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>4</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>SOURCE OF FUNDS <BR>&nbsp; <BR>OO
      (see Item 3) </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>5</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>CHECK BOX IF DISCLOSURE OF LEGAL
      PROCEEDING IS REQUIRED PURSUANT TOITEMS 2(d) or 2(e)&nbsp; <BR>&nbsp;
      <BR>[ ] </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>6</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>CITIZENSHIP OR PLACE OF ORGANIZATION
      <BR>&nbsp; <BR>United States </TD></TR>
  <TR vAlign=top>
    <TD align=center rowSpan=4 ><BR><BR>NUMBER OF <BR>SHARES
      <BR>BENEFICIALLY <BR>OWNED BY <BR>EACH <BR>REPORTING <BR>PERSON WITH:
      <BR><BR></TD>
    <TD align=center width="5%" ><B>7</B> <BR></TD>
    <TD align=left width="78%">SOLE VOTING POWER <BR>&nbsp; <BR>-0- </TD></TR>
  <TR vAlign=top>
    <TD align=center width="5%" ><B>8</B> </TD>
    <TD align=left width="78%">SHARED VOTING POWER <BR>&nbsp; <BR>10,659,063
    </TD></TR>
  <TR vAlign=top>
    <TD align=center width="5%" ><B>9</B> <BR></TD>
    <TD align=left width="78%">SOLE DISPOSITIVE POWER <BR>&nbsp; <BR>-0-
</TD></TR>
  <TR vAlign=top>
    <TD align=center width="5%" ><B>10</B> <BR></TD>
    <TD align=left width="78%">SHARED DISPOSITIVE POWER <BR>&nbsp;
      <BR>10,659,063 </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>11</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>AGGREGATE AMOUNT BENEFICIALLY OWNED
      BY EACH PERSON <BR>&nbsp; <BR>10,659,063 </TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      ><B>12</B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="83%"
    colSpan=2>CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
      SHARES <BR>&nbsp; <BR>[ ] </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>13</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>PERCENT OF CLASS REPRESENTED BY
      AMOUNT IN ROW (11) <BR>&nbsp; <BR>12.42<SUP>1</SUP> </TD></TR>
  <TR vAlign=top>
    <TD align=center ><B>14</B> <BR></TD>
    <TD align=left width="83%" colSpan=2>TYPE OF REPORTING PERSON <BR>&nbsp;
      <BR>IN </TD></TR></TABLE></DIV>
<P align=justify>____________________________ <BR><SUP>1</SUP> The percentages
used herein are calculated based upon 85,837,563 shares of common stock
outstanding as of 10/31/2018, as disclosed in the company's Form N-CSR filed
1/24/2019. </P>
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<TABLE
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  <TR vAlign=top>
    <TD align=left ><B>Item 1.</B> </TD>
    <TD align=left width="90%"><B>SECURITY AND ISSUER</B> </TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left ></TD>
    <TD align=left width="90%">
      <P align=justify>This Amendment No. 1 amends and supplements the statement
      on Schedule 13D filed with the SEC on 3/14/19, with respect to the common
      shares of Western Asset High Income Fund II. This Amendment No. 1 amends
      Items 3, 4, and 5 as set forth below. </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left ><B>Item 3.</B> </TD>
    <TD align=left width="90%">
      <P align=justify><B>SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION</B>
      </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left ></TD>
    <TD align=left width="90%">
      <P align=justify>Funds for the purchase of the Common Shares were derived
      from the subscription proceeds from investors and the capital appreciation
      thereon and margin account borrowings made in the ordinary course of
      business. In such instances, the positions held in the margin accounts are
      pledged as collateral security for the repayment of debit balances in the
      account, which may exist from time to time. Since other securities are
      held in the margin accounts, it is not possible to determine the amounts,
      if any, of margin used to purchase the Common Shares reported herein. A
      total of $68,091,649 was paid to acquire the Common Shares reported
      herein. </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left ><B>Item 4.</B> </TD>
    <TD align=left width="90%">
      <P align=justify><B>PURPOSE OF TRANSACTION</B> </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left ></TD>
    <TD align=left width="90%">
      <P align=justify>The Reporting Persons may engage in discussions with
      management, the Board of Trustees (the &#147;Board&#148;), other shareholders of the
      Issuer and other relevant parties, including representatives of any of the
      foregoing, concerning the Reporting Persons' investment in the Common
      Shares and the Issuer, including, without limitation, matters concerning
      the Issuer's business, operations, board appointments, governance,
      performance, management, capitalization, trading of the Common Shares at a
      discount to the Issuer&#146;s net asset value and strategic plans and matters
      relating to the open or closed end nature of the Issuer and timing of any
      potential liquidation of the Issuer. The Reporting Persons may exchange
      information with any persons pursuant to appropriate confidentiality or
      similar agreements or otherwise, work together with any persons pursuant
      to joint agreements or otherwise, propose changes in the Issuer's
      business, operations, board appointments, governance, management,
      capitalization, strategic plans or matters relating to the open or closed
      end nature of the Issuer or timing of any potential liquidation of the
      Issuer, or propose or engage in one or more other actions set forth
      herein. </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left ></TD>
    <TD align=left width="90%">
      <P align=justify>On April 17, 2019, Saba Capital submitted to the Issuer a
      proposal (the &#147;Proposal&#148;) pursuant to Rule 14a-8 promulgated under the
      Act. The Proposal requests that the Board take all necessary steps in its
      power to declassify the Board so that all directors are elected on an
      annual basis starting at the next annual meeting of shareholders. Such
      declassification shall be completed in a manner that does not affect the
      unexpired terms of the previously elected trustees. The foregoing
      description of the Proposal is qualified in its entirety by the full text
      of the Proposal, a copy of which is attached as Exhibit 1 hereto and
      incorporated by reference herein </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; </TD>
    <TD align=left width="90%">
      <P align=justify>The Reporting Persons intend to review their investment
      in the Issuer on a continuing </P></TD></TR></TABLE><BR>
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<P style="MARGIN-LEFT: 10%" align=justify>basis. Depending on various factors,
including, without limitation, the outcome of any discussions referenced above,
the Issuer's financial position and strategic direction, actions taken by
management or the Board of Directors, price levels of the Common Shares, other
investment opportunities available to the Reporting Persons, conditions in the
securities market and general economic and industry conditions, the Reporting
Persons may in the future take such actions with respect to their investment in
the Issuer as they deem appropriate, including, without limitation, purchasing
additional Common Shares or selling some or all of their Common Shares, engaging
in short selling of or any hedging or similar transactions with respect to the
Common Shares and/or otherwise changing their intention with respect to any and
all matters referred to in Item 4 of Schedule 13D. The Reporting Persons may, at
any time and from time to time, review or reconsider their position and/or
change their purpose and/or formulate plans or proposals with respect to their
investment in the Common Shares. </P>
<P style="MARGIN-LEFT: 10%" align=justify>The Reporting Persons have not entered
into any agreement with any third party to act together for the purpose of
acquiring, holding, voting or disposing of the Common Shares reported herein.<B>
</B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left ><B>Item 5.</B> </TD>
    <TD align=left width="90%"><B>INTEREST IN SECURITIES OF THE ISSUER</B>
  </TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>(a) </TD>
    <TD align=left width="90%">
      <P align=justify>See rows (11) and (13) of the cover pages to this
      Schedule 13D/A for the aggregate number of Common Shares and percentages
      of the Common Shares beneficially owned by each of the Reporting Persons.
      The percentages used in this Schedule 13D/A are calculated based upon
      85,837,563 shares of common stock outstanding as of 10/31/2018, as
      disclosed in the company's Form N-CSR filed 1/24/2019. </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >(b) </TD>
    <TD align=left width="90%">
      <P align=justify>See rows (7) through (10) of the cover pages to this
      Schedule 13D for the number of Common Shares as to which each Reporting
      Person has the sole or shared power to vote or direct the vote and sole or
      shared power to dispose or to direct the disposition. </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >(c) </TD>
    <TD align=left width="90%">
      <P align=justify>The transactions in the Shares effected since the filing
      of the Schedule 13D by Saba Capital on behalf of the Reporting Persons,
      which were all in the open market, are set forth in Schedule A, and are
      incorporated herein by reference. </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >(d) </TD>
    <TD align=left width="90%">
      <P align=justify>No person other than the Reporting Persons is known to
      have the right to receive, or the power to direct the receipt of dividends
      from, or proceeds from the sale of, such Common Shares. </P></TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="90%">
      <P align=justify> </P></TD></TR>
  <TR vAlign=top>
    <TD align=left >(e) </TD>
    <TD align=left width="90%">
      <P align=justify>Not applicable. </P></TD></TR></TABLE><BR>
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<P align=center><B>SIGNATURES</B></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After reasonable inquiry and to
the best of his or its knowledge and belief, each of the undersigned certifies
that the information set forth in this statement is true, complete and correct.
</P>
<P align=justify>Date: April 18, 2019</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%">SABA CAPITAL MANAGEMENT, L.P. </TD></TR>
  <TR>
    <TD >&nbsp;</TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="50%">/s/
      Michael D'Angelo </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%">Name: Michael D'Angelo </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%">Title: Chief Compliance Officer </TD></TR>
  <TR>
    <TD >&nbsp;</TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%">BOAZ R. WEINSTEIN </TD></TR>
  <TR>
    <TD >&nbsp;</TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="50%">/s/
      Michael D'Angelo </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%">Name: Michael D'Angelo </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="50%">Title: Attorney-in-fact* </TD></TR></TABLE>
<P align=justify>* Pursuant to a power of attorney dated as of November 16,
2015, which is incorporated herein by reference to Exhibit 2 to the Schedule 13G
filed by the Reporting Persons on December 28, 2015, accession number:
0001062993-15-006823</P>
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<A name=page_7></A>
<P align=center><B>EXHIBIT 1</B></P>
<P align=justify>April 18, 2019</P>
<P align=justify><B><U>VIA EMAIL</U></B></P>
<P align=justify>Mr. Robert I. Frenkel <BR>Secretary and Chief Legal Officer
<BR>Western Asset High Income Fund II Inc. <BR>c/o Jane Trust, Legg Mason,
<BR>100 International Drive, 11<SUP>th </SUP>Floor, <BR>Baltimore, Maryland
21202</P>
<P align=justify><B>&nbsp;&nbsp;&nbsp;&nbsp; Re:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</B><B><U>Western Asset High Income Fund II Inc. (the &#147;Trust&#148;)</U></B></P>
<P align=justify>Dear Mr. Frenkel:</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saba Capital Management, L.P.
(&#147;<U>Saba</U>&#148;), as investment advisor to and on behalf of Saba Capital Master
Fund, Ltd (the &#147;<U>Fund</U>&#148; and together with Saba, the &#147;<U>Saba Group</U>&#148;),
the owner of 10,592,686 shares of Trust, hereby submits the following proposal
on behalf of the Fund pursuant to Rule 14a-8 promulgated under the Securities
Exchange Act of 1934, as amended (the &#147;<U>Exchange Act</U>&#148;), for presentation
to the Trust&#146;s shareholders at the Trust&#146;s next annual shareholder&#146;s meeting to
be held in 2019, or any postponement or adjournment or special meeting held in
lieu thereof (the &#147;<U>Meeting</U>&#148;).</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saba&#146;s proposal (the
&#147;<U>Proposal</U>&#148;) pursuant to Rule 14a-8 under the Securities Exchange Act of
1934 (the &#147;<U>Exchange Act</U>&#148;) is as follows:</P>
<P style="MARGIN-LEFT: 5%" align=justify><U>PROPOSAL</U></P>
<P style="MARGIN-LEFT: 5%" align=justify>&#147;RESOLVED, that the shareholders of
Western Asset High Income Fund II Inc. (the &#147;<U>Trust</U>&#148;) request that the
Board of Trustees of the Trust (the &#147;<U>Board</U>&#148;) take all necessary steps in
its power to declassify the Board so that trustees are elected on an annual
basis starting at the next annual meeting of shareholders. Such declassification
shall be completed in a manner that does not affect the unexpired terms of the
previously elected trustees.&#148;</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp; <U>SUPPORTING STATEMENT</U></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp; <U>Corporate Governance</U></P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We believe the annual election of
all trustees encourages board accountability to its shareholders and when
trustees are held accountable for their actions, they perform better. This view
is shared by most shareholders and institutional investors, who believe it to be
the standard </P>
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<P align=justify>for corporate governance best practices. The vast majority of
companies in the S&amp;P 500 and Russell 1000 indexes elect all board members
annually. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Currently, the Board is divided
into three classes serving staggered three-year terms. It is our belief that the
classification of the Board is strong proof that the Board is not acting in the
best interests of shareholders. A classified board protects the incumbents,
which in turn limits accountability to shareholders.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We are committed to improving
the corporate governance of the Trust for the benefit of all shareholders.
Declassification of the Board is a positive step which will allow more
productive shareholder engagement and will help the Trust achieve its optimal
valuation. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saba has submitted a shareholder
proposal to declassify the Board of the Trust, in an attempt to allow the Board
to operate freely and in the best interest of shareholders.</P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For a greater voice in the
Trust&#146;s corporate governance and to increase the accountability of the Board to
shareholders, we urge you to vote <B>FOR</B> this proposal. </P>
<P align=justify><B>&nbsp;&nbsp;&nbsp;&nbsp; END OF PROPOSAL</B> </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As is required by Rule 14a-8
under the Exchange Act, attached is letter from National Financial Services
verifying that the Fund continuously and beneficially owned shares having a
market value of $2,000 or more for at least one year prior to the date of the
submission of the above Proposal. As of the date hereof, the Fund has
continuously held the required number of shares for over a one-year period. The
Fund intends to continue to hold the shares referenced through the date of the
Meeting. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Saba represents that, as
investment advisor to the Fund, Saba holds beneficial interest in all shares
held by the Fund, including full economic interest in such shares along with the
power to invest, vote, or direct the vote of such shares and has full power and
authority to submit the Proposal on the Fund's behalf. </P>
<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Please notify us as soon as
possible if you would like any further information or if you believe this notice
is deficient in any way or if additional information is required so that Saba
may promptly provide it to you in order to cure any deficiency.</P>
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<P align=justify>&nbsp;&nbsp;&nbsp;&nbsp; Thank you for your time and
consideration.</P>
<P align=justify>Sincerely,</P><IMG src="schedule13dax9x1.jpg" border=0> <BR>
<P align=justify>Michael D&#146;Angelo<BR> General Counsel</P>
<TABLE
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cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left >Cc: </TD>
    <TD align=left width="95%">The Board of Trustees of the Trust </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp; </TD>
    <TD align=left width="95%">Eleazer Klein, Schulte Roth &amp; Zabel LLP
  </TD></TR></TABLE><BR>
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<!--$$/page=--><A name=page_10></A>
<P align=center><U>Schedule A</U></P>
<P align=justify>This Schedule sets forth information with respect to each
purchase and sale of Shares which were effectuated by a Reporting Person since
the Schedule 13D filing on 3/14/2019. All transactions were effectuated in the
open market through a broker. </P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="50%" border=0>

  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center><B>Date</B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=center
      width="25%"><B>Side</B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right
      width="25%"><B>Shares</B> </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=right
      width="25%"><B>Price</B> </TD></TR>
  <TR vAlign=top>
    <TD align=center bgColor=#e6efff>04/17/19 </TD>
    <TD align=center width="25%" bgColor=#e6efff>Buy </TD>
    <TD align=right width="25%" bgColor=#e6efff>21,487 </TD>
    <TD align=right width="25%" bgColor=#e6efff>6.59 </TD></TR>
  <TR vAlign=top>
    <TD align=center>04/16/19 </TD>
    <TD align=center width="25%">Buy </TD>
    <TD align=right width="25%">11,866 </TD>
    <TD align=right width="25%">6.64 </TD></TR>
  <TR vAlign=top>
    <TD align=center bgColor=#e6efff>04/15/19 </TD>
    <TD align=center width="25%" bgColor=#e6efff>Buy </TD>
    <TD align=right width="25%" bgColor=#e6efff>33,024 </TD>
    <TD align=right width="25%" bgColor=#e6efff>6.62 </TD></TR>
  <TR vAlign=top>
    <TD align=center>04/12/19 </TD>
    <TD align=center width="25%">Buy </TD>
    <TD align=right width="25%">22,332 </TD>
    <TD align=right width="25%">6.60 </TD></TR>
  <TR vAlign=top>
    <TD align=center bgColor=#e6efff>04/10/19 </TD>
    <TD align=center width="25%" bgColor=#e6efff>Buy </TD>
    <TD align=right width="25%" bgColor=#e6efff>58,174 </TD>
    <TD align=right width="25%" bgColor=#e6efff>6.60 </TD></TR>
  <TR vAlign=top>
    <TD align=center>04/09/19 </TD>
    <TD align=center width="25%">Buy </TD>
    <TD align=right width="25%">14,509 </TD>
    <TD align=right width="25%">6.57 </TD></TR>
  <TR vAlign=top>
    <TD align=center bgColor=#e6efff>04/04/19 </TD>
    <TD align=center width="25%" bgColor=#e6efff>Buy </TD>
    <TD align=right width="25%" bgColor=#e6efff>20,000 </TD>
    <TD align=right width="25%" bgColor=#e6efff>6.56
</TD></TR></TABLE></DIV><BR>
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