PHK News and Press, Pimco High Income Fund From 06/09/22

JRI’s high yield is supported by an average coupon of 5.5 percent, and the returns of stocks from real assets related companies. High inflation, rising interest rates, and looming economic recession impacts real asset related stocks much less than traditional or high growth sto...

When markets are down, there’s one group of investors who can shrug off the dip because they don’t need to sell. You’re no doubt part of this group—I’m talking about income investors. With dividends, of course, you can keep your cash flow going regardl...

Average coupon or interest rate earned on investments of GBAB is 5.46 percent while it pays dividend with an average yield in excess of 7 percent. Historical price performance of GBAB has been extremely poor, both in the short and the long term. GBAB is currently trading near its ...

Inflationary pressures remain entrenched and benchmark Treasury yields are marching ever northward. Push-and-pull in equity markets are re-defining volatility in a new normal environment. Senior loan / floating rate "loan participation" baskets provide opportunities for increased ...

PDI is a diversified fixed income closed end fund managed by PIMCO. Following a merger with PCI and PKI, two similar funds from PIMCO, PDI is approaching the end of its first full quarter as a combined vehicle. Performance has been rough due to emerging and materializing risk fact...

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are ARDC, EHI and JRI. Buys affirmed on portfolio holdings, ARDC, JRI and HYB. For furth...

When it comes to dividend cuts, closed-end funds (CEFs) aren’t much different from stocks: investors tend to hit the sell button as soon as a cut is announced, leaving those who hang on with a shriveled income stream and a hit to the value of their investment. In fact, someti...

Right now is one of the best times to get into what is typically thought of as the best-in-breed of the CEF world. Most of the funds are trading cheap thanks to the cut to three of the funds back in September. Investors are extrapolating those cuts to the rest of the taxables. But...

I shudder when folks tell me their portfolios can’t give them a decent income stream. Because I know there’s an easy way for them to get safe 8%+ payouts—and everyone misses it. Let’s be honest. When it comes to investing, most people limit themselves...

PHK has been a relatively weak performer over the longer term, so readers were right to approach this fund cautiously. After a recent sell-off, there is certainly a buy case to be made, although I would reiterate this is not a CEF for the risk averse. Income metrics are not very s...