PIMCO High Yield Fund Institutional Class (PHIYX)

Fund Assets	7.21B
Expense Ratio	0.60%
Min. Investment	$1,000,000
Turnover	79.00%
Dividend (ttm)	0.52
Dividend Yield	6.47%
Dividend Growth	2.87%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	8.01
YTD Return	1.54%
1-Year Return	5.03%
5-Year Return	17.91%
52-Week Low	7.93
52-Week High	8.19
Beta (5Y)	0.38
Holdings	797
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.

• Fund Family: PIMCO
• Category: High Yield Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PHIYX
• Share Class: Institutional
• Index: ICE BofA US HY BB-B Constrained TR

Performance

PHIYX had a total return of 5.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.68%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PHLPX	I-2	0.70%
PHNNX	I-3	0.75%
PHYAX	Administrative	0.85%
PHDAX	A	0.95%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.04589	Jul 31, 2026
Jun 30, 2026	$0.04359	Jun 30, 2026
May 29, 2026	$0.04315	May 29, 2026
Apr 30, 2026	$0.04275	Apr 30, 2026
Mar 31, 2026	$0.04381	Mar 31, 2026
Feb 27, 2026	$0.0418	Feb 27, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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