PIA High Yield Fund Institutional Class (PHYSX)
| Fund Assets | 92.58M |
| Expense Ratio | 0.66% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 8.65% |
| Dividend Growth | 2.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.25 |
| YTD Return | -1.50% |
| 1-Year Return | 1.80% |
| 5-Year Return | 18.30% |
| 52-Week Low | 8.16 |
| 52-Week High | 8.83 |
| Beta (5Y) | 0.31 |
| Holdings | 111 |
| Inception Date | Dec 31, 2010 |
About PHYSX
PIA High Yield Fund Institutional Class is a mutual fund designed for institutional investors seeking a high level of current income through investments primarily in high yield bonds. Its primary objective focuses on generating elevated income, with capital growth as a secondary aim when aligned with the main goal. The fund invests predominantly in non-investment grade, fixed-rate debt, including corporate bonds from industrial, utility, and finance sectors, as well as cash equivalents and miscellaneous bonds. Top holdings typically feature a significant allocation to diverse high yield securities and liquidity positions, comprising around 89-90% in bonds. Managed within the high yield bond category, it benchmarks against the Bloomberg U.S. Corporate High Yield Index, which tracks U.S. and select global non-emerging market high yield corporates, excluding certain structures like Eurobonds from emerging markets. With a relatively low expense profile, the fund maintains moderate portfolio turnover and emphasizes credit sectors for income generation. Pacific Income Advisers oversees the strategy, distributing through established channels to serve institutional needs in pursuit of superior fixed income yields.
Performance
PHYSX had a total return of 1.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.49%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.06119 | Mar 27, 2026 |
| Feb 25, 2026 | $0.05086 | Feb 25, 2026 |
| Jan 28, 2026 | $0.05432 | Jan 28, 2026 |
| Dec 29, 2025 | $0.07596 | Dec 29, 2025 |
| Nov 25, 2025 | $0.05314 | Nov 25, 2025 |
| Oct 29, 2025 | $0.07022 | Oct 29, 2025 |