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 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
40% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 25
0.54% less ownership
Funds ownership: 13.04% [Q4 2024] → 12.5% (-0.54%) [Q1 2025]
4% less capital invested
Capital invested by funds: $99.2M [Q4 2024] → $95.6M (-$3.56M) [Q1 2025]
5% less funds holding
Funds holding: 119 [Q4 2024] → 113 (-6) [Q1 2025]
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Research analyst outlook
We haven’t received any recent analyst ratings for PHK.
Financial journalist opinion
Negative
Seeking Alpha
1 week ago
PIMCO CEF Update: Falling Coverage And Key Secular Themes
PIMCO taxable CEFs face declining distribution coverage due to lower leverage. Premium valuations have deflated for some funds after distribution cuts, while PIMCO national Muni CEFs now offer better relative value. PIMCO expects a steeper yield curve and views credit valuations as fairly rich - echoing our sentiment.
Neutral
GlobeNewsWire
1 week ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, July 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.
Positive
Seeking Alpha
1 month ago
PHK: The Premium Makes It Hard To Recommend This Bond Fund
PIMCO High Income Fund offers a 12% yield, outperforming major bond indices and matching peers, but its premium pricing limits appeal. The fund's short duration (3.89 years) shields it from long-term currency devaluation risks, but leverage has led to recent underperformance versus junk bond indices. The fund cannot take advantage of the current opportunity in foreign currency-denominated bonds to the same extent as some other funds.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, June 02, 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 July 1, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025.
Neutral
GlobeNewsWire
2 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, May 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 June 2, 2025 to shareholders of record on May 12, 2025, with an ex-dividend date of May 12, 2025.
Neutral
Seeking Alpha
2 months 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 months 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 months 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
3 months 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
4 months 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.
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