PHK
PIMCO High Income FundPHK
PHK
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
31% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 26
9% more funds holding
Funds holding: 109 [Q3] → 119 (+10) [Q4]
9% more capital invested
Capital invested by funds: $90.5M [Q3] → $98.6M (+$8.11M) [Q4]
1.36% more ownership
Funds ownership: 11.6% [Q3] → 12.96% (+1.36%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for PHK.
Financial journalist opinion
Based on 3 articles about PHK published over the past 30 days
Neutral
Seeking Alpha
1 week ago
CEF Weekly Review: Are We In Another CEF Deleveraging Wave?
We review the CEF market valuation and performance through the second week of April and highlight recent market action. CEF sector returns were mixed, with muni sectors underperforming and equity-linked sectors finishing in the green, opposite to the previous week. Despite recent volatility, CEF discounts have recovered somewhat and remain on the wider side of the recent range; the market has weathered the situation relatively well.
Neutral
Seeking Alpha
2 weeks ago
CEF Weekly Review: BlackRock Resets Its Tender Offers
We review the CEF market valuation and performance through the first week of April and highlight recent market action. Nearly all CEF sectors were down; Munis and Agencies saw gains due to the sharp drop in Treasury yields. BlackRock announced new CEF tender offers starting mid-April, impacting funds like BOE, BCX, BGY, BSTZ, and MVF, with a 2.5% share buyback at a 2% discount.
Neutral
GlobeNewsWire
3 weeks ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, April 01, 2025 (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 May 1, 2025, to shareholders of record on April 11, 2025, with an ex-dividend date of April 11, 2025.
Negative
Seeking Alpha
1 month ago
PHK: Despite NAV Improvement, A Dividend Cut Is Likely (Rating Downgrade)
PIMCO High Income Fund (PHK) offers an 11.8% dividend yield but faces sustainability concerns due to unfavorable macroeconomic conditions and elevated interest rates. PHK's portfolio is heavily concentrated in high-yield credit and non-investment grade debt, increasing its risk profile amid current economic conditions. The fund's NAV has consistently declined over the years, and its reliance on return of capital to fund distributions is problematic.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, March 03, 2025 (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 April 1, 2025 to shareholders of record on March 13, 2025, with an ex-dividend date of March 13, 2025.
Negative
Seeking Alpha
2 months ago
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.
Neutral
GlobeNewsWire
2 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Feb. 03, 2025 (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 March 3, 2025 to shareholders of record on February 13, 2025, with an ex-dividend date of February 13, 2025.
Positive
Forbes
3 months ago
Wall Street Is Missing The Boat On These Monthly Dividends
What's better than monthly dividends that add up to 7.2% to 15.4% yearly yields?
Neutral
Seeking Alpha
3 months ago
PHK: Performing Well, But Risks Abound
The PIMCO High Income Fund offers an 11.68% yield, outperforming fixed-income indices but lagging behind similar closed-end funds, suggesting a sustainable distribution. Despite a challenging bond market, the fund delivered a 7.54% total return over five months, warranting further portfolio analysis for sustainability. The fund invests in both U.S. and foreign bonds, so it does have some exposure to a strengthening U.S. dollar.
Negative
Seeking Alpha
3 months ago
PIMCO Cuts A Couple Of Distributions, Who Could Be Next?
RCS and PCM recently announced distribution cuts, and they were simultaneously trading at some hefty premiums to their NAV per share. We saw the usual outcome, which is a drastic sell-off as is often the case with the dangerous combination of elevated NAV distribution rates and premiums are mixed. We are looking at two more names to warn about in the future, but predicting distribution cuts is incredibly difficult as funds can pay out what they'd like.
Charts implemented using Lightweight Charts™