<PAGE> PAGE 1
000 B000000 04/30/99
000 C000000 1058239
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 SALOMON BROTHERS HIGH INCOME FUND II INC.
001 B000000 811-08709
001 C000000 2128166577
002 A000000 388 GREENWICH STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10013
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 SALOMON BROTHERS ASSET MANAGEMENT INC.
008 B000001 A
008 C000001 801-000000
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10048
010 A000001 SSBC FUND MANAGEMENT INC.
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10013
011 A000001 SALOMON SMITH BARNEY
011 B000001 8-00000000
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10013
012 A000001 FIRST DATA INVESTORS SERVICES
012 B000001 84-0000000
012 C010001 BOSTON
012 C020001 MA
<PAGE> PAGE 2
012 C030001 02205
012 C040001 9134
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
015 A000001 PNC BANK, N.A.
015 B000001 C
015 C010001 PHILADELPHIA
015 C020001 MA
015 C030001 19103
015 E010001 X
018 000000 Y
019 A000000 N
019 B000000 0
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 STATE STREET BANK
022 B000001 N/A
022 C000001 7340745
022 D000001 0
022 A000002 UBS SECURITIES
022 B000002 13-2932996
022 C000002 5620000
022 D000002 0
022 A000003 J.P. MORGAN
022 B000003 13-3224016
022 C000003 2647982
022 D000003 154651
022 A000004 MERRILL LYNCH
022 B000004 13-5674085
022 C000004 2206130
022 D000004 48538
022 A000005 WARBURG DILLION
022 B000005 N/A
022 C000005 1285331
022 D000005 2940
022 A000006 CHASE SECURITIES
022 B000006 13-3112953
022 C000006 194677
022 D000006 30567
022 A000007 SOGEN INTERNATIONAL
<PAGE> PAGE 3
022 B000007 N/A
022 C000007 200000
022 D000007 0
022 A000008 GOLDMAN SACHS
022 B000008 13-5108880
022 C000008 145225
022 D000008 38650
022 A000009 DONALDSON, LUFKIN & JENRETTE
022 B000009 13-2741729
022 C000009 150697
022 D000009 18338
022 C000010 0
022 D000010 0
023 C000000 19790787
023 D000000 293684
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
<PAGE> PAGE 4
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 N
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 N
054 I000000 N
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 N
060 A000000 Y
060 B000000 Y
061 000000 15
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 1.3
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
<PAGE> PAGE 5
062 N000000 0.0
062 O000000 0.0
062 P000000 75.8
062 Q000000 22.5
062 R000000 0.4
063 A000000 0
063 B000000 11.1
064 A000000 N
064 B000000 Y
065 000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 Y
070 P010000 N
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
<PAGE> PAGE 6
071 A000000 1612790
071 B000000 547602
071 C000000 833874
071 D000000 66
072 A000000 12
072 B000000 94282
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 8692
072 G000000 869
072 H000000 0
072 I000000 0
072 J000000 0
072 K000000 0
072 L000000 277
072 M000000 38
072 N000000 0
072 O000000 0
072 P000000 2472
072 Q000000 0
072 R000000 56
072 S000000 115
072 T000000 0
072 U000000 16
072 V000000 0
072 W000000 200
072 X000000 12735
072 Y000000 0
072 Z000000 81547
072AA000000 0
072BB000000 48401
072CC010000 0
072CC020000 46457
072DD010000 80852
072DD020000 0
072EE000000 0
073 A010000 1.2200
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 12118
074 C000000 0
074 D000000 975892
074 E000000 3951
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 7570
<PAGE> PAGE 7
074 K000000 0
074 L000000 23669
074 M000000 244
074 N000000 1023444
074 O000000 11320
074 P000000 0
074 Q000000 105000
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 3332
074 S000000 0
074 T000000 903792
074 U010000 66742
074 U020000 0
074 V010000 13.54
074 V020000 0.00
074 W000000 0.0000
074 X000000 50500
074 Y000000 0
075 A000000 0
075 B000000 897819
076 000000 12.63
077 A000000 Y
077 B000000 Y
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 115000
081 A000000 Y
081 B000000 159
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 SALOMON BROTHERS HIGH INCOME FUND II INC.
<PAGE> PAGE 8
087 A020000 794907105
087 A030000 HIX
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE ANTHONY PACE
TITLE ASSISTANT CONRTOLLER
[ARTICLE] 6
[CIK] 0001058239
[NAME] SALOMON BROTHERS HIGH INCOME FUND II INC.
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] APR-30-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 1,038,417,763
[INVESTMENTS-AT-VALUE] 991,960,953
[RECEIVABLES] 31,239,397
[ASSETS-OTHER] 244,593
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,023,444,943
[PAYABLE-FOR-SECURITIES] 11,320,000
[SENIOR-LONG-TERM-DEBT] 105,000,000
[OTHER-ITEMS-LIABILITIES] 3,332,488
[TOTAL-LIABILITIES] 119,652,488
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 997,955,885
[SHARES-COMMON-STOCK] 66,741,739
[SHARES-COMMON-PRIOR] 6,667
[ACCUMULATED-NII-CURRENT] 695,011
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (48,401,631)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (46,456,810)
[NET-ASSETS] 903,792,455
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 94,281,666
[OTHER-INCOME] 0
[EXPENSES-NET] 12,734,733
[NET-INVESTMENT-INCOME] 81,546,933
[REALIZED-GAINS-CURRENT] (48,401,631)
[APPREC-INCREASE-CURRENT] (46,456,810)
[NET-CHANGE-FROM-OPS] (13,311,508)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 80,851,922
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 0
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 1,065,072
[NET-CHANGE-IN-ASSETS] 903,692,450
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 8,691,753
[INTEREST-EXPENSE] 2,471,939
[GROSS-EXPENSE] 12,734,733
[AVERAGE-NET-ASSETS] 897,818,639
[PER-SHARE-NAV-BEGIN] 15.00
[PER-SHARE-NII] 01.21
[PER-SHARE-GAIN-APPREC] (01.45)
[PER-SHARE-DIVIDEND] 01.22
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.54
[EXPENSE-RATIO] 01.24
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
Report of Independent Accountants
To the Shareholders and Board of Directors of
Salomon Brothers High Income Fund II Inc
In planning and performing our audit of the financial
statements of Salomon Brothers High Income Fund II Inc,
(hereafter referred to as the "Fund") for the year ended
April 30,1999, we considered its internal control, including
control activities for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing
our opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on
internal control.
The management of the Fund is responsible for establishing and
maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs of
controls. Generally, controls that are relevant to an audit
pertain to the entity's objective of preparing financial
statements for external purposes that are fairly presented in
conformity with generally accepted accounting principles.
Those controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or
fraud may occur and not be detected. Also, projection of any
evaluation of internal control to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and
operation may deteriorate.
Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American
Institute of Certified Public Accountants. A material weakness
is a condition in which the design or operation of one or more
of the internal control components does not reduce to a
relatively low level the risk that misstatements caused by
error or fraud in amounts that would be material in relation to
the financial statements being audited may occur and not be
detected within a timely period by employees in the normal
course of performing their assigned functions. However, we
noted no matters involving internal control and its operation,
including controls for safeguarding securities, that we
consider to be material weaknesses as defined above as of April
30,1999.
This report is intended solely for the information and use of
management and the Board of Directors of the Fund and the
Securities and Exchange Commission.
June 15, 1999
To the Shareholders and Board of Directors of
Salomon Brothers High Income Fund II Inc
(2)