PIMCO High Yield Fund Institutional Class (PHIYX)
| Fund Assets | 7.37B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 6.19% |
| Dividend Growth | 1.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.17 |
| YTD Return | 0.39% |
| 1-Year Return | 7.91% |
| 5-Year Return | 21.04% |
| 52-Week Low | 7.37 |
| 52-Week High | 8.18 |
| Beta (5Y) | n/a |
| Holdings | 763 |
| Inception Date | Dec 16, 1992 |
About PHIYX
PIMCO High Yield Fund Institutional Class is a mutual fund focused on high yield, or 'junk,' bonds—fixed income securities that are rated below investment grade. The fund aims to maximize total return while preserving capital through active and diversified management. At least 80% of its assets are invested in high yield investments, including corporate debt securities and may utilize derivatives such as futures, options, and swap agreements to manage risk and enhance portfolio returns. It can allocate up to 20% of its assets to lower-rated securities (Caa by Moody’s and equivalent), broadening access to higher-risk, potentially higher-yielding segments of the bond market. This fund plays a significant role in the financial market by providing institutional investors exposure to the below-investment-grade credit market. Its strategy is designed to capture higher yields compared to traditional bond funds, though it does so with increased credit and market risk. Managed by a seasoned team at Pacific Investment Management Company LLC (PIMCO), the fund is known for its rigorous risk management and emphasis on prudent investment discipline. Monthly income generation and a competitive yield make it a popular choice for institutional investors seeking diversified sources of return beyond higher-rated bonds.
Performance
PHIYX had a total return of 7.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.08%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04177 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04503 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03952 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04533 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04124 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04469 | Aug 29, 2025 |