PHK News and Press, Pimco High Income Fund

2024-07-03 14:36:01 ET Summary Saba Capital Income & Opportunities Fund offers a high current income with a 14.51% yield, outperforming peers. The BRW closed-end fund's poor recent performance appears to have been caused by exposure to catastrophe bonds, leading to a net asset...

2024-06-21 06:27:18 ET Summary PTY is a high yielding closed end fund managed by PIMCO, outperforming other funds in the lineup over the past twelve months. PIMCO is a powerful asset manager with $1.8 trillion AUM, nearly 85% of which has outperformed its benchmark, net of feed. ...

2024-06-14 07:00:00 ET Summary Coverage on PIMCO CEFs improved, with muni CEF coverage ratio up 9 points to 89% and taxable CEFs up over 20 points to 84.6%. Leverage changes varied among funds, with some cutting borrowing significantly while others increased leverage. NAVs for...

2024-06-13 05:33:15 ET Summary Taxable bond CEF space value shrinking as discounts tighten. Opportunities exist, especially following activists. Focus on top-down assessment, cheap sectors, and specific funds like Cohen & Steers Select Preferred and Income. The v...

2024-05-24 01:27:47 ET Summary PIMCO's Corporate and Income Opportunity Fund has a long-track record of success in paying big monthly distributions and maintaining its net asset value relative to other CEFs. However, investors should pay close attention to their individual tax sit...

2024-05-06 12:15:00 ET Summary While many investors love PIMCO's Dynamic Income Fund because of its big monthly distributions (13.7% yield), others have been very traumatized by recent share price volatility and declines. We review the distribution and price volatility sources, th...

2024-04-29 11:00:00 ET Summary PIMCO High Income Fund offers a current yield of 12.03%, but other closed-end peer funds have higher yields. The fund's share price performance has been volatile but has outperformed domestic bond indices in recent months. The fund's leverage rat...

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN) and PIMCO Corporate & Income Opportunity Fund (NYSE: PTY) (each, a “...

2024-03-21 07:00:00 ET Summary Funds rely on at-the-market offerings and capital gains to make up for earnings shortfalls and maintain distributions. Coverage levels for taxable funds declined in January due to the falling value of the dollar. Net investment income production ...

2024-03-18 10:45:34 ET Summary I first recommended the PIMCO Dynamic Income Strategy fund (PDX) January 2022 at $13.20. Back then, the fund was known as the PIMCO Energy & Tactical Credit Opportunities fund (NRGX), and after a rough start during COVID-19, PDX has been the No. ...