PIMCO High Income:PHK

    Manage Alerts

    Overview

    As of 2/23/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$4.88$4.645.17%
    52 Wk Avg$4.78$4.506.11%
    52 Wk High$5.19$4.6714.51%
    52 Wk Low$4.13$4.26-2.35%
    Regular Distribution TypeIncome Only
    Distribution Rate11.73%
    Distribution Amount$0.0480
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to seek high current income, with capital appreciation as a secondary objective.The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy among multiple fixed income sectors in the global credit markets, which may include corporate debt (including, among other things, fixed-, variable- and floating-rate bonds, loans and various other US/Foreign securities.

    Capital Structure

    As of 2/23/2024

    Total Investment Exposure:$844.186M
    Total Common Assets:$703.942M
    Common Shares Outstanding:151,711,628
    Leverage

    As of 2/23/2024

    Preferred Share Assets: $58.050M
    Total Debt (USD): $82.194M
    Regulatory Leverage (USD): $58.050M
    Effective Leverage (USD): $140.244M
    Effective Leverage (%): 16.61%
    Annual Expense Ratios

    As of 6/30/2023

      Per Common Share
    Management Fees0.83%
    Other Expenses:0.09%
    Baseline Expense: N/A
    Interest Expense:1.78%
    Total: 2.70%
    Fund Management

    Fund Sponsor
    PIMCO

    Portfolio Managers
    Alfred T. Murata, Mohit Mittal, Daniel J. Ivascyn, Joshua Anderson

    Basics
    Category: Fixed Income - Taxable-Multi-Sector
    Ticker: PHK
    NAV Ticker: XPHKX
    Average Daily Volume (shares): 456,947
    Average Daily Volume (USD): $2.166M
    Inception Date: 4/30/2003
    Inception Share Price: $15.00
    Inception NAV: $14.31
    Tender Offer: No
    Term: No
    Fiscal Year End: June 30
    Third Party Links & Reports

    Distributions

    As of 2/23/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2023
    $0.2086
    Annualized Distribution Rate on NAV:
    As of 2/23/2024
    12.47%
    Total Return on NAV (12 months):
    As of 2/23/2024
    10.74%
    Total % Portfolio Effectively Leveraged:
    As of 2/23/2024
    16.61%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 2/23/2024

    PeriodAvg Discount
    6 Month4.84%
    1 Year6.11%
    3 Year8.06%
    5 Year11.57%
    Z-Score

    As of 2/23/2024

    PeriodZStat
    3 Month-0.75
    6 Month0.09
    1 Year-0.25
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 1/31/2024
    Category: Morningstar US CEF Multi-Sector

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-0.19%1.05%2.85%1.02%
    202319.50%13.58%16.21%13.65%
    2022-13.95%-10.44%-16.28%-12.97%
    202111.54%10.32%7.44%6.36%
    2020-9.53%5.21%4.14%7.03%
    20193.99%18.90%20.20%12.36%
    201821.65%2.40%-2.48%-0.11%
    2017-8.10%21.54%15.45%15.37%
    201629.30%15.47%18.87%13.10%
    2015-16.05%5.06%-0.90%1.45%
    20149.13%16.11%9.02%9.41%
    201326.38%12.31%3.03%7.45%
    2012-1.78%40.06%21.74%27.04%
    20116.42%-5.20%  
    201032.74%37.31%  
    2009135.24%88.66%  
    2008-45.70%-48.84%  
    2007-9.46%-0.25%  
    200623.20%14.56%  
    20058.26%3.93%  
    200413.66%13.68%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 1/31/2024
    Category: Morningstar US CEF Multi-Sector

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 12/31/2023
    421
    Annual Portfolio Turnover:
    As of 6/30/2023
    27.00%
    Average Bond Price:
    As of 12/31/2023
    $84.61
    Asset Allocation

    As of 12/31/2023

    Top Sectors

    As of 12/31/2023

    Sector%Portfolio
    Government (Super Sector)58.68%
    Corporate (Super Sector)57.56%
    Government Related55.03%
    Corporate Bond38.43%
    Securitized (Super Sector)23.90%
    Bank Loan18.18%
    Non Agency Residential Mortgage Backed8.87%
    Asset Backed8.87%
    Municipal5.40%
    Municipal (Super Sector)5.40%
    State Allocation

    As of 12/31/2023

    State% Portfolio
    DC1.46%
    Puerto Rico1.38%
    Texas1.11%
    West Virginia0.78%
    Michigan0.23%
    Top Holdings

    As of 12/31/2023

    HoldingValue% Portfolio
    RFRF USD SF+26.161/3.50 9/19/23-21Y* CME Receive$381.40M51.00%
    RFR USD SOFR/2.00000 12/21/22-2Y CME Receive$360.93M48.26%
    RFR USD SOFR/1.75000 06/15/22-5Y LCH Receive$105.26M14.08%
    RFRF USD SF+26.161/3.00 9/19/23-6Y* CME Receive$73.56M9.84%
    IRS EUR 0.65000 02/26/19-10Y LCH Receive$66.17M8.85%
    RFR GBP SONIO/5.00000 03/20/24-5Y LCH Receive$53.58M7.16%
    RFRF USD SF+26.161/0.40 9/18/23-1Y* CME Receive$-68.84M-9.20%
    RFR USD SOFR/1.25000 06/15/22-10Y LCH Receive$-72.99M-9.76%
    RFRF USD SF+26.161/1.3* 8/09/23-9Y* CME Receive$-116.47M-15.57%
    RFRF USD SF+26.161/1.70 8/01/23-29Y* CME Receive$-146.95M-19.65%
    Credit Quality

    As of 12/31/2023

    Maturity Breakdown

    As of 12/31/2023

    Country Allocation

    As of 12/31/2023

    Country% Portfolio
    United States - Fixed Income114.21%
    United Kingdom - Fixed Income9.17%
    United States - Equity9.10%
    Others - Fixed Income6.38%
    Italy - Fixed Income3.04%
    France - Fixed Income2.96%
    Brazil - Fixed Income2.46%
    Spain - Fixed Income2.11%
    Others - Equity1.65%
    Argentina - Fixed Income1.46%
    Canada - Fixed Income1.14%
    Japan - Fixed Income1.09%
    Peru - Fixed Income1.00%
    Netherlands - Fixed Income0.86%
    Mexico - Fixed Income0.67%
    South Africa - Fixed Income0.47%
    Ireland - Fixed Income0.46%
    Germany - Fixed Income0.41%
    Italy - Equity0.40%
    Switzerland - Fixed Income0.10%
    Greece - Fixed Income0.06%
    Venezuela - Fixed Income0.01%
    Spain - Equity0.01%
    Invalid Country - Fixed Income0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W