PIMCO High Yield Fund (PHIYX)
The fund invests at least 80% of its assets in high yield investments ("junk bonds"), which may be represented by forwards or derivatives. It may invest up to 20% of its total assets in securities rated Caa or below by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality. The fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities.
Fund Info
US6933908419
Dec 15, 1992
$1,000,000
Expense Ratio
PHIYX features an expense ratio of 0.56%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PIMCO High Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PIMCO High Yield Fund had a return of 6.04% year-to-date (YTD) and 7.26% in the last 12 months. Over the past 10 years, PIMCO High Yield Fund had an annualized return of 4.14%, while the S&P 500 had an annualized return of 11.01%, indicating that PIMCO High Yield Fund did not perform as well as the benchmark.
PHIYX
6.04%
0.00%
4.00%
7.26%
2.90%
4.14%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of PHIYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.02% | 0.00% | 1.15% | -0.87% | 1.06% | 0.99% | 1.66% | 1.55% | 1.11% | -0.71% | 0.37% | 6.04% | |
| 2023 | 3.65% | -1.47% | 1.84% | 0.70% | -0.94% | 1.32% | 1.11% | 0.11% | -1.31% | -0.96% | 4.69% | 3.63% | 12.82% |
| 2022 | -2.99% | -0.88% | -0.89% | -3.83% | 0.76% | -6.81% | 6.38% | -2.80% | -3.77% | 2.86% | 2.18% | -2.73% | -12.46% |
| 2021 | -0.11% | 0.13% | 0.05% | 0.96% | 0.25% | 1.26% | 0.28% | 0.58% | -0.08% | -0.40% | -0.96% | 2.06% | 4.06% |
| 2020 | -0.02% | -1.49% | -9.67% | 3.98% | 3.71% | 0.16% | 4.43% | 0.69% | -1.11% | 0.39% | 3.47% | 1.52% | 5.38% |
| 2019 | 4.69% | 1.61% | 1.01% | 1.46% | -1.22% | 2.58% | 0.44% | 0.57% | 0.49% | 0.30% | 0.55% | 1.64% | 14.96% |
| 2018 | 0.30% | -1.14% | -0.58% | 0.55% | -0.33% | 0.34% | 1.25% | 0.84% | 0.50% | -1.71% | -0.56% | -1.92% | -2.47% |
| 2017 | 1.10% | 1.46% | -0.21% | 1.19% | 1.00% | 0.22% | 1.06% | 0.09% | 0.77% | 0.41% | -0.45% | 0.21% | 7.05% |
| 2016 | -0.89% | 0.48% | 3.16% | 2.50% | 0.22% | 0.59% | 2.46% | 1.96% | 0.49% | -0.14% | -0.44% | 1.75% | 12.73% |
| 2015 | 1.01% | 2.09% | -0.63% | 1.01% | 0.24% | -1.47% | 0.50% | -1.22% | -2.78% | 3.26% | -2.02% | -4.16% | -4.34% |
| 2014 | 0.59% | 1.95% | 0.18% | 0.48% | 0.80% | 0.59% | -1.36% | 1.84% | -2.09% | 1.99% | -0.51% | -3.03% | 1.28% |
| 2013 | 0.92% | 0.50% | 0.81% | 1.73% | -0.83% | -2.40% | 1.77% | -0.64% | 0.93% | 2.19% | 0.38% | 0.39% | 5.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 91, PHIYX is among the top 9% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO High Yield Fund (PHIYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PIMCO High Yield Fund provided a 5.58% dividend yield over the last twelve months, with an annual payout of $0.45 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.45 | $0.45 | $0.41 | $0.41 | $0.41 | $0.46 | $0.47 | $0.46 | $0.47 | $0.51 | $0.60 | $0.57 |
Dividend yield | 5.58% | 5.62% | 5.42% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 6.16% | 6.58% | 5.94% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.00 | $0.41 |
| 2023 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.41 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.41 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.41 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.51 |
| 2014 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.09 | $0.60 |
| 2013 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.57 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO High Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PIMCO High Yield Fund was 32.73%, occurring on Nov 21, 2008. Recovery took 208 trading sessions.
The current PIMCO High Yield Fund drawdown is 0.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.73% | May 6, 2008 | 140 | Nov 21, 2008 | 208 | Sep 22, 2009 | 348 |
| -20.29% | Feb 20, 2020 | 23 | Mar 23, 2020 | 95 | Aug 6, 2020 | 118 |
| -15.01% | Jan 3, 2022 | 187 | Sep 29, 2022 | 401 | May 6, 2024 | 588 |
| -13.77% | Jan 15, 2002 | 134 | Jul 29, 2002 | 113 | Jan 8, 2003 | 247 |
| -12.03% | Sep 3, 2014 | 364 | Feb 11, 2016 | 104 | Jul 12, 2016 | 468 |
Volatility
Volatility Chart
The current PIMCO High Yield Fund volatility is 0.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.