- ISIN
- US69448A3005
- CUSIP
- 69448A300
- Inception Date
- Dec 19, 2011
- Category
- High Yield Bonds
- Min. Investment
- $500,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
PLHIX Performance Chart
Pacific Funds High Income (PLHIX) is up 1.5% since the beginning of the year. PLHIX is currently trading at $9 per share. Investors who bought $1,000 worth of PLHIX shares 5 years ago would now be looking at an investment worth $1,199.
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Returns By Period
Pacific Funds High Income (PLHIX) has returned 1.45% so far this year and 4.10% over the past 12 months. Over the last ten years, PLHIX has returned 5.26% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Pacific Funds High Income
- 1D
- 0.22%
- 1M
- -0.44%
- 6M
- 0.80%
- YTD
- 1.45%
- 1Y
- 4.10%
- 3Y*
- 7.24%
- 5Y*
- 3.69%
- 10Y*
- 5.26%
- ALL TIME*
- 5.59%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
PLHIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 20, 2011, PLHIX's average daily return is +0.02%, while the average monthly return is +0.47%. At this rate, an investment would double in approximately 12.3 years.
Historically, 70% of months were positive and 30% were negative. The best month was Jul 2022 with a return of +5.9%, while the worst month was Mar 2020 at -12.2%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.
On a daily basis, PLHIX closed higher 47% of trading days. The best single day was Apr 9, 2020 with a return of +3.9%, while the worst single day was Mar 9, 2020 at -3.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.64% | 0.05% | -1.12% | 1.64% | 0.54% | 0.04% | -0.33% | 1.45% | |||||
| 2025 | 0.99% | 0.63% | -1.46% | 0.16% | 1.91% | 1.96% | 0.46% | 0.95% | 0.66% | -0.05% | 0.14% | 0.77% | 7.31% |
| 2024 | 0.15% | 0.32% | 1.42% | -1.00% | 0.90% | 0.85% | 1.73% | 1.35% | 1.34% | -0.48% | 0.95% | -0.23% | 7.50% |
| 2023 | 4.04% | -1.67% | 1.12% | 1.22% | -1.15% | 1.73% | 1.35% | 0.43% | -1.36% | -1.49% | 4.20% | 3.65% | 12.49% |
| 2022 | -2.62% | -0.73% | -1.02% | -3.79% | 0.04% | -6.57% | 5.90% | -2.57% | -4.24% | 2.95% | 3.08% | -0.48% | -10.21% |
| 2021 | 0.01% | 0.70% | 0.45% | 1.02% | 0.28% | 1.22% | 0.29% | 0.60% | -0.10% | -0.10% | -0.85% | 1.89% | 5.51% |
Benchmark Metrics
Pacific Funds High Income has an annualized alpha of 3.17%, beta of 0.18, and R2 of 0.33 versus S&P 500 Index. Calculated based on daily prices since December 20, 2011.
- This fund participated in 40.40% of S&P 500 Index downside but only 34.95% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.18 may look defensive, but with R2 of 0.33 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.33 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 3.17%
- Beta
- 0.18
- R²
- 0.33
- Upside Capture
- 34.95%
- Downside Capture
- 40.40%
Expense Ratio
PLHIX has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PLHIX ranks 56 for risk / return — above 56% of mutual funds peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Pacific Funds High Income (PLHIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PLHIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 2.00 | -0.18 |
| Martin ratioReturn relative to average drawdown | 8.19 | 8.49 | -0.30 |
Dividends
Dividend History
Pacific Funds High Income provided a 6.18% dividend yield over the last twelve months, with an annual payout of $0.56 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.62 | $0.64 | $0.59 | $0.50 | $0.50 | $0.53 | $0.53 | $0.56 | $0.58 | $0.59 | $0.44 |
Dividend yield | 6.18% | 6.74% | 6.91% | 6.44% | 5.76% | 4.88% | 5.20% | 5.18% | 5.99% | 5.62% | 5.89% | 4.78% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.05 | $0.04 | $0.06 | $0.05 | $0.05 | $0.05 | $0.00 | $0.30 | |||||
| 2025 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.04 | $0.06 | $0.62 |
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.64 |
| 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 | $0.59 |
| 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 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.50 |
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.
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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 0.44%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-22.83%Mar 2020 | 1mo 1d | 6mo 24d | 7mo 25dFeb 2020 - Oct 2020 | COVID crash2020 |
-15.21%Sep 2022 | 9mo 4d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 | Bear market2022 |
-15.02%Feb 2016 | 1y 5mo | 6mo 7d | 1y 11moSep 2014 - Aug 2016 | — |
-6.72%Dec 2018 | 2mo 23d | 1mo 26d | 4mo 19dOct 2018 - Feb 2019 | Rate-hike selloffLate 2018 |
-6.19%Jun 2013 | 1mo 16d | 4mo 7d | 5mo 23dMay 2013 - Oct 2013 | — |
Drawdown Indicators
| PLHIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.83% | -56.78% | +33.95% |
Max Drawdown (1Y)Largest decline over 1 year | -2.22% | -9.10% | +6.88% |
Max Drawdown (3Y)Largest decline over 3 years | -3.97% | -18.90% | +14.93% |
Max Drawdown (5Y)Largest decline over 5 years | -15.21% | -25.43% | +10.22% |
Max Drawdown (10Y)Largest decline over 10 years | -22.83% | -33.92% | +11.09% |
Current DrawdownCurrent decline from peak | -0.44% | -1.58% | +1.14% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -10.70% | +8.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.49% | 2.14% | -1.65% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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