PHT vs. BRHYX

Last updated Apr 2, 2026

Compare and contrast key facts about Pioneer High Income Fund, Inc. (PHT) and BlackRock High Yield K (BRHYX).

BRHYX is managed by BlackRock. It was launched on Jan 5, 2001.

Performance

PHT vs. BRHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer High Income Fund, Inc. (PHT) and BlackRock High Yield K (BRHYX). The values are adjusted to include any dividend payments, if applicable.

PHT vs. BRHYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PHT Pioneer High Income Fund, Inc.	0.00%	12.78%	18.21%	21.32%	-25.86%	17.70%	3.74%	30.72%	-10.54%	2.93%
BRHYX BlackRock High Yield K	-1.15%	9.44%	8.65%	13.26%	-11.18%	5.47%	5.98%	15.65%	-2.67%	8.34%

Returns By Period

PHT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRHYX

• 1D: 0.57%
• 1M: -1.53%
• YTD: -1.15%
• 6M: 0.50%
• 1Y: 7.13%
• 3Y*: 8.60%
• 5Y*: 4.26%
• 10Y*: 6.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PHT vs. BRHYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRHYX

BRHYX Risk / Return Rank: 90
BRHYX Sharpe Ratio Rank: 89
BRHYX Sortino Ratio Rank: 90
BRHYX Omega Ratio Rank: 90
BRHYX Calmar Ratio Rank: 88
BRHYX Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PHT vs. BRHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer High Income Fund, Inc. (PHT) and BlackRock High Yield K (BRHYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PHT	BRHYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.83	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.03	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.22	—

Correlation

The correlation between PHT and BRHYX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PHT vs. BRHYX - Dividend Comparison

PHT's dividend yield for the trailing twelve months is around 2.64%, less than BRHYX's 6.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PHT Pioneer High Income Fund, Inc.	2.64%	4.63%	8.52%	9.37%	11.38%	8.12%	9.25%	8.49%	9.79%	8.03%	9.45%	14.48%
BRHYX BlackRock High Yield K	6.71%	7.14%	7.56%	6.20%	4.98%	4.80%	5.22%	5.82%	6.48%	5.92%	6.03%	6.42%

Drawdowns

Drawdown Indicators

	PHT	BRHYX	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.77%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-23.20%	—
Current Drawdown Current decline from peak	—	-1.71%	—
Average Drawdown Average peak-to-trough decline	—	-2.75%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.71%	—

Volatility

Volatility by Period

	PHT	BRHYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	4.01%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	5.22%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	5.93%	—