Salomon Brothers High Income Fund II as of March 31, 2001

Apr 11, 2001, 01:00 ET from Salomon Brothers High Income Fund II Inc.

    NEW YORK, April 11 /PRNewswire/ -- Salomon Brothers High Income Fund II
 Inc. (NYSE:   HIX) as of March 31, 2001.
     Investment Objective: The Fund seeks to maximize current income. As a
 secondary objective, the Fund seeks capital appreciation.
 
     Portfolio Composition*
     Asset Allocations:
     High Yield                65.2%
     Emerging Market Debt      34.3
     Cash                      0.5
 
     High Yield Allocation:
     US                        57.7%
     Canada                    3.2
     UK                        1.7
     Australia                 0.7
     Bermuda                   0.6
     France                    0.5
     Bahamas                   0.5
     Greece                    0.3
 
     High Yield Ratings Breakdown:
     BBB                       1.9%
     BB                        21.4
     B                         35.0
     CCC                       5.1
     CC                        0.3
     D                         1.0
     NR                        0.6
 
     Top Five High Yield Industries:
     Cable & Other Media       8.0%
     Energy                    7.2
     Gaming                    6.3
     Services/Other            5.5
     Telecommunications        4.5
 
     Top Five Emerging Market Debt Countries:
     Russia                    8.5%
     Brazil                    7.4
     Venezuela                 6.4
     Argentina                 5.7
     Ecuador                   4.1
 
     Currency Allocation:
     US Dollar                 98.0%
     Argentine Peso            2.0
 
     Treasury Duration:        5.9 years
     Spread Duration:          5.9 years
     Average Maturity:         13.6 years
     Average Life:             12.9 years
 
     *Portfolio holdings and weightings are subject to change at any time.
 
     Inception Date:           May 22, 1998
     Total Net Assets:         $770,272,687
     Leverage:                 25.6%
     Market Price:             $11.86
     NAV:                      $11.20
 
     Dividend Rate:            $0.1300
     Frequency:                Monthly
 
     Salomon Brothers High Income Fund II Inc., a diversified investment
 management company, is managed by Salomon Brothers Asset Management Inc, a
 wholly owned subsidiary of Salomon Smith Barney Holdings Inc.
     For more information, call 1-888-777-0102.
 
 

SOURCE Salomon Brothers High Income Fund II Inc.
    NEW YORK, April 11 /PRNewswire/ -- Salomon Brothers High Income Fund II
 Inc. (NYSE:   HIX) as of March 31, 2001.
     Investment Objective: The Fund seeks to maximize current income. As a
 secondary objective, the Fund seeks capital appreciation.
 
     Portfolio Composition*
     Asset Allocations:
     High Yield                65.2%
     Emerging Market Debt      34.3
     Cash                      0.5
 
     High Yield Allocation:
     US                        57.7%
     Canada                    3.2
     UK                        1.7
     Australia                 0.7
     Bermuda                   0.6
     France                    0.5
     Bahamas                   0.5
     Greece                    0.3
 
     High Yield Ratings Breakdown:
     BBB                       1.9%
     BB                        21.4
     B                         35.0
     CCC                       5.1
     CC                        0.3
     D                         1.0
     NR                        0.6
 
     Top Five High Yield Industries:
     Cable & Other Media       8.0%
     Energy                    7.2
     Gaming                    6.3
     Services/Other            5.5
     Telecommunications        4.5
 
     Top Five Emerging Market Debt Countries:
     Russia                    8.5%
     Brazil                    7.4
     Venezuela                 6.4
     Argentina                 5.7
     Ecuador                   4.1
 
     Currency Allocation:
     US Dollar                 98.0%
     Argentine Peso            2.0
 
     Treasury Duration:        5.9 years
     Spread Duration:          5.9 years
     Average Maturity:         13.6 years
     Average Life:             12.9 years
 
     *Portfolio holdings and weightings are subject to change at any time.
 
     Inception Date:           May 22, 1998
     Total Net Assets:         $770,272,687
     Leverage:                 25.6%
     Market Price:             $11.86
     NAV:                      $11.20
 
     Dividend Rate:            $0.1300
     Frequency:                Monthly
 
     Salomon Brothers High Income Fund II Inc., a diversified investment
 management company, is managed by Salomon Brothers Asset Management Inc, a
 wholly owned subsidiary of Salomon Smith Barney Holdings Inc.
     For more information, call 1-888-777-0102.
 
 SOURCE  Salomon Brothers High Income Fund II Inc.