PIMCO High Income Fund (PHK)
PIMCO High Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $4.13, up 0.00% on the session, giving a market capitalisation of $770.1M. On trailing twelve-month figures it carries a trailing P/E of 8.79, a net margin of 93.0%. Its beta of 0.57 implies it has historically moved less than the broad market.
The PIMCO High Income Fund operates as a closed-end mutual fund dedicated to fixed-income investments. Its primary management is overseen by Allianz Global Investors Fund Management LLC, with Pacific Investment Management Company LLC also holding co-management responsibilities. The fund's strategy involves allocating capital across public fixed-income markets worldwide. It specifically targets U.S. dollar-denominated high-yield corporate debt obligations. To inform its investment decisions, the fund employs a combination of thorough fundamental analysis and a top-down approach to security selection. This fund was established on April 30, 2003, and is legally domiciled in the United States.
PIMCO High Income Fund is most often compared with the following Financial Services names: