PHK
PIMCO High Income Fund4.8600
+0.0100+0.21%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
845.82MP/E (TTM)
7.84Basic EPS (TTM)
0.62Dividend Yield
0.12%Recent Filings
8-K
New corporate investment guideline
PIMCO High Income Fund announced on August 20, 2024, that its Board approved a new non-fundamental guideline to invest at least 50% of total assets in corporate debt obligations and securities, effective September 20, 2024. This shift emphasizes fixed-, variable-, and floating-rate bonds, preferred shares, bank loans, and equity securities. It signals a strategic pivot toward corporate-focused holdings. Yet, as non-fundamental, the Board retains flexibility to adapt.
8-K
New co-portfolio manager joins
PIMCO High Income Fund announced on September 26, 2023, that effective October 2, Giang Bui joins Alfred T. Murata and Mohit Mittal as co-portfolio manager, taking primary responsibility for day-to-day management. Bui, with 24 years of experience in securitized debt and CLOs, bolsters the team's expertise in structured products alongside Murata's multisector credit focus and Mittal's investment grade trading. This lineup manages over $168 billion in registered funds for Murata alone. Yet, none own Fund shares.
8-K
Fund lifts leverage cap
PIMCO High Income Fund's Board approved the immediate removal of a non-fundamental guideline capping leverage at 38% of total assets, along with outdated asset segregation rules. This change frees the fund to pursue leverage via auction rate preferred shares, reverse repurchase agreements, and borrowings without those prior limits. Yet it stays bound by Investment Company Act restrictions. Flexibility boosts potential returns, but leverage amplifies risks.
8-K
PHK monthly distribution declared
PIMCO High Income Fund declared a monthly distribution of $0.048000 per common share, payable January 3, 2023, to shareholders of record December 12, 2022, with an ex-dividend date of December 9, 2022. This yields 12.55% annualized based on NAV and 12.00% on market price as of October 31, 2022, amid recent one-year NAV returns of -11.47%. Distributions may include return of capital, not reflecting yield.
8-K
Fiscal year and investment changes
PIMCO High Income Fund shifted its fiscal year end from July 31 to June 30, effective April 1, 2022, for the current period ending June 30, 2022. The board also removed the 25% cap on non-U.S. currency investments, effective April 29, 2022, allowing unlimited exposure to foreign-denominated securities while respecting other limits. This boosts flexibility in a volatile market. No financial impacts disclosed.
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