PHK
PIMCO High Income FundPHK
PHK
About: PIMCO High Income Fund is a closed-end management investment company. The company's primary investment objective is to seek high current income. Its secondary objective is to seek capital appreciation.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
138% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 16
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
10% more funds holding
Funds holding: 99 [Q2] → 109 (+10) [Q3]
4% more capital invested
Capital invested by funds: $87.2M [Q2] → $90.5M (+$3.27M) [Q3]
0.07% less ownership
Funds ownership: 11.67% [Q2] → 11.6% (-0.07%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PHK.
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on January 2, 2025 to shareholders of record on December 12, 2024, with an ex-dividend date of December 12, 2024.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on December 2, 2024 to shareholders of record on November 12, 2024, with an ex-dividend date of November 12, 2024.
Neutral
Seeking Alpha
2 months ago
PHK: Weak Distribution History And Unnecessary Risk
PIMCO High Income Fund offers a high dividend yield of 11.3%, making it attractive for income-focused investors, especially retirees seeking supplemental income. Despite a 66% price decline since inception, PHK's total return is 373%, driven by continuous high distributions, but it's not ideal for capital appreciation. PHK's dividend has consistently decreased over the last decade, and its distributions are primarily classified as ordinary dividends, which have less favorable tax consequences.
Neutral
Seeking Alpha
2 months ago
PIMCO CEF Update: Muni Coverage And The Premium Mystery
We take a look at the PIMCO CEFs coverage, valuation, and performance. Distribution coverage for PIMCO's Muni CEFs has surged, coinciding to the retirement of auction-rate preferreds, but the increase is too high. Taxable CEFs' distribution coverage has declined, with only PDO maintaining over 100% coverage, while the rest average just above 71%.
Positive
Seeking Alpha
2 months ago
PIMCO Update | Sept 2024 | Muni Coverage Jumps (Maybe), Taxables See Significant ATM Benefit
The best taxable closed-end funds are PHK, PFN, and at slightly cheaper valuations, PDI and PCN; best munis are PMF, NY funds, and PCK in CA. Distributions are safe due to funds monetizing premiums via at-the-market offerings, supplementing net investment income. Coverage ratios for muni CEFs may be overstated; future UNII reports will clarify the impact of new leverage costs.
Neutral
GlobeNewsWire
2 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on November 1, 2024 to shareholders of record on October 11, 2024, with an ex-dividend date of October 11, 2024.
Neutral
GlobeNewsWire
3 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on October 1, 2024 to shareholders of record on September 13, 2024, with an ex-dividend date of September 13, 2024.
Positive
24/7 Wall Street
3 months ago
Need $15,000 Passive Income? Buy These Dividend Stocks
24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.
Neutral
GlobeNewsWire
4 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on September 3, 2024 to shareholders of record on August 12, 2024, with an ex-dividend date of August 12, 2024.
Positive
Seeking Alpha
4 months ago
PHK: Management Making Smart Moves Right Now, But The Valuation Is Really Steep
PIMCO High Income Fund specializes in income-focused assets, with a 12.00% distribution yield, outperforming peers in the Fixed-Income Multi-Sector category. Multi-sector bond funds like PIMCO High Income Fund have maintained double-digit yields despite market pricing in interest rate declines. The PHK closed-end fund has underperformed domestic bonds over the past three months, which is very disappointing.
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