PHK / PHK: This Otherwise Great Bond CEF Is Insanely Expensive Today

The PIMCO High Income Fund offers a high current yield of 11.90%, one of the highest in the market. The PHK closed-end fund has not cut its distributi more_horizontal

This article evaluates the PIMCO High Income Fund as an investment option, a Closed-End Fund that I've previously advised readers to avoid due to its more_horizontal

Although inflation has started to cool down, real income growth is still negative, so many people need options to increase the money coming in. PIMCO more_horizontal

Some of the biggest names in investing held Credit Suisse's AT1 bonds, which were marked down to zero by the Swiss regulator a week ago. more_horizontal

Investors today are in need of income as the high inflation rate has made it difficult to sustain a comfortable lifestyle. PIMCO High Income Fund inve more_horizontal

PHK has been a relatively weak performer over the longer term, so readers were right to approach this fund cautiously. After a recent sell-off, there more_horizontal

PHK has been a relatively weak performer over the longer term, so readers were right to approach this fund cautiously. After a recent sell-off, there more_horizontal

PHK has been a relatively weak performer over the longer term, so readers were right to approach this fund cautiously. After a recent sell-off, there more_horizontal