Pacific Funds High Income (PLHIX)
Under normal circumstances, the fund invests at least 80% of its assets in non-investment grade (high yield/high risk, sometimes called "junk bonds") debt instruments or in instruments with characteristics of non-investment grade debt instruments. It invests principally in instruments that have intermediate to long terms to maturity. Debt instruments in which the fund invests focus on corporate bonds and notes, but may also include floating rate loans, and may also be of foreign issuers that are denominated in U.S. dollars.
Fund Info
| ISIN | US69448A3005 |
|---|---|
| CUSIP | 69448A300 |
| Issuer | Pacific Funds Series Trust |
| Inception Date | Dec 19, 2011 |
| Category | High Yield Bonds |
| Min. Investment | $500,000 |
| Asset Class | Bond |
Expense Ratio
PLHIX features an expense ratio of 0.65%, 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 Pacific Funds High Income, 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
Pacific Funds High Income had a return of 6.85% year-to-date (YTD) and 12.91% in the last 12 months. Over the past 10 years, Pacific Funds High Income had an annualized return of 4.20%, while the S&P 500 had an annualized return of 11.05%, indicating that Pacific Funds High Income did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.85% | 21.24% |
| 1 month | -0.16% | 0.55% |
| 6 months | 4.77% | 11.47% |
| 1 year | 12.91% | 32.45% |
| 5 years (annualized) | 4.29% | 13.43% |
| 10 years (annualized) | 4.20% | 11.05% |
Monthly Returns
The table below presents the monthly returns of PLHIX, 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 | 0.15% | 0.32% | 1.42% | -1.00% | 0.90% | 0.86% | 1.73% | 1.34% | 1.34% | -0.48% | 6.85% | ||
| 2023 | 4.05% | -1.67% | 1.12% | 1.23% | -1.15% | 1.73% | 1.35% | 0.43% | -1.36% | -1.48% | 4.19% | 3.65% | 12.51% |
| 2022 | -2.62% | -0.73% | -1.02% | -3.79% | 0.05% | -6.58% | 5.90% | -2.57% | -4.23% | 2.95% | 3.08% | -0.48% | -10.23% |
| 2021 | 0.01% | 0.69% | 0.45% | 1.03% | 0.28% | 1.22% | 0.29% | 0.60% | -0.11% | -0.11% | -0.85% | 1.88% | 5.50% |
| 2020 | -0.16% | -2.05% | -12.22% | 4.37% | 4.51% | 0.61% | 4.56% | 1.30% | -0.46% | 0.52% | 4.24% | 1.73% | 5.88% |
| 2019 | 4.99% | 1.78% | 0.68% | 1.39% | -1.01% | 2.34% | 0.39% | 0.74% | 0.37% | 0.03% | 0.60% | 1.77% | 14.86% |
| 2018 | 1.02% | -1.12% | -0.61% | 0.65% | -0.21% | 0.29% | 0.92% | 0.69% | 0.54% | -2.04% | -1.02% | -2.85% | -3.75% |
| 2017 | 1.70% | 1.55% | -0.60% | 1.07% | 0.76% | 0.07% | 1.50% | -0.09% | 1.18% | 0.63% | 0.24% | 0.23% | 8.53% |
| 2016 | -2.23% | 0.58% | 4.10% | 3.30% | 0.46% | 0.59% | 2.38% | 2.27% | 0.70% | 0.12% | 0.09% | 2.05% | 15.23% |
| 2015 | 0.28% | 2.57% | -0.42% | 1.51% | 0.29% | -1.49% | -0.61% | -1.60% | -3.21% | 3.06% | -2.36% | -3.41% | -5.50% |
| 2014 | 0.54% | 2.21% | 0.12% | 0.41% | 0.65% | 0.84% | -1.35% | 1.64% | -2.65% | 0.85% | -0.92% | -3.57% | -1.40% |
| 2013 | 1.36% | 0.40% | 1.12% | 2.18% | -1.02% | -2.85% | 2.14% | -0.95% | 1.11% | 2.88% | 0.35% | -0.89% | 5.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PLHIX is 92, placing it in the top 8% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Pacific Funds High Income (PLHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Pacific Funds High Income provided a 6.89% dividend yield over the last twelve months, with an annual payout of $0.64 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.64 | $0.60 | $0.50 | $0.50 | $0.53 | $0.53 | $0.56 | $0.58 | $0.59 | $0.44 | $0.57 | $0.56 |
Dividend yield | 6.89% | 6.46% | 5.74% | 4.87% | 5.20% | 5.20% | 6.00% | 5.63% | 5.90% | 4.77% | 5.56% | 5.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Pacific Funds High Income. 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 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.00 | $0.53 | |
| 2023 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.06 | $0.60 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.50 |
| 2021 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.50 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.53 |
| 2019 | $0.05 | $0.05 | $0.03 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.53 |
| 2018 | $0.05 | $0.04 | $0.02 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.08 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.06 | $0.07 | $0.58 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.06 | $0.03 | $0.04 | $0.10 | $0.59 |
| 2015 | $0.01 | $0.04 | $0.05 | $0.02 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.01 | $0.44 |
| 2014 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.07 | $0.03 | $0.05 | $0.05 | $0.06 | $0.57 |
| 2013 | $0.05 | $0.03 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
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 Pacific Funds High Income. 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 Pacific Funds High Income was 22.83%, occurring on Mar 23, 2020. Recovery took 142 trading sessions.
The current Pacific Funds High Income drawdown is 0.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.83% | Feb 21, 2020 | 22 | Mar 23, 2020 | 142 | Oct 13, 2020 | 164 |
| -16.31% | Sep 2, 2014 | 365 | Feb 11, 2016 | 163 | Oct 4, 2016 | 528 |
| -15.23% | Dec 29, 2021 | 190 | Sep 29, 2022 | 307 | Dec 19, 2023 | 497 |
| -6.72% | Oct 4, 2018 | 57 | Dec 26, 2018 | 37 | Feb 20, 2019 | 94 |
| -6.2% | May 10, 2013 | 32 | Jun 25, 2013 | 89 | Oct 30, 2013 | 121 |
Volatility
Volatility Chart
The current Pacific Funds High Income volatility is 0.52%, 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.