Business Services Industry
Salomon Brothers High Income Fund Inc. Announces Financial Position as of March 31, 2006
Business Wire, June 6, 2006
NEW YORK -- Salomon Brothers High Income Fund Inc., which is listed on the New York Stock Exchange under the symbol "HIF", today announced the financial position of the Fund as of March 31, 2006.
Prior
Current Qtr Previous Qtr Yr's Qtr
March 31, December 31, March 31,
2006 2005 2005
Total Assets (a) $55,956,004 $54,509,603 $53,330,885
Total Net Assets (a) $54,511,718 $53,967,390 $53,182,280
NAV Per share of Common
Stock (b) $ 10.60 $ 10.50 $ 10.35
Market Price Per Share $ 9.29 $ 8.99 $ 9.22
Premium / (Discount) (12.36)% (14.38)% (10.92)%
Outstanding Shares 5,140,713 5,140,713 5,140,713
Total Net Investment
Income (c) $ 977,995 $ 850,734 $ 930,934
Total Net Investment
Income Per Share (c) $ 0.19 $ 0.17 $ 0.18
Total Net Realized /
Unrealized Gain / Loss (c) $ 429,515 $ (417,616) $(1,928,866)
Total Net Realized /
Unrealized Gain / Loss Per
Share (c) $ 0.08 $ (0.08) $ (0.38)
Undistributed /
(Overdistributed)
Net Investment Income (d) $ 37,179 $ (77,176) $ (21,270)
Undistributed /
(Overdistributed)
Net Investment Income Per
Share(d) $ 0.01 $ (0.02) $ (0.00)
Footnotes:
(a) The difference between total assets and total net assets is due
primarily to the issuance of preferred stock and/or the Fund's use
of borrowings; total assets do not include accrued expenses, other
liabilities, borrowings and the redemption value of preferred
stock, if any.
(b) NAVs are calculated as of the close of business on the last
business day in the periods indicated above.
(c) For the quarter indicated.
(d) As of the period indicated above.
This financial data is unaudited.
The fund files its semi-annual and annual reports with the Securities and Exchange Commission as well as its complete schedule of portfolio holding for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission's website at www.sec.gov. To obtain information on the Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-800-777-0102.
Salomon Brothers High Income Fund Inc., a non-diversified closed-end investment management company, is managed by Salomon Brothers Asset Management Inc., a wholly owned subsidiary of Legg Mason, Inc.
For more information, call Investor Relations at 1-888-777-0102, or visit the Fund's web site at http://www.leggmason.com/InvestorServices.
> Note: "Smith Barney," "Salomon Brothers" and "Citi" are service marks of Citigroup, licensed for use by Legg Mason as the names of funds and investment advisers. Legg Mason and its affiliates, as well as the fund's investment manager, are not affiliated with Citigroup.- 5 Rules for Immediate Annuities
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