PIMCO High Yield Fund Institutional Class (PHIYX)

9.69
Net Asset Value
-0.10%
1 Day
+0.83%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.55%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in a diversified portfolio of high yield securities ("junk bonds"), which may be represented by forwards or derivatives such as options, futures contracts or swap agreements, rated below investment grade. 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.

Performance

1 month-0.56% 3 years+7.53%
3 months+1.12% 5 years+12.01%
1 year+7.22% Since inception+8.32%
Data through --

Peer Comparisonvs. High yield bond

 PHIYXCategory
Performance 5-yr return+12.01%+12.57%
Expense ratio0.55%1.13%
Risk 5 year sharpe ratio1.801.79
Net assets$13.0B$1.7B
Average market cap--$12.8B
Average P/E--16.7
Portfolio turnover25%25%

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Fund Management and Purchase Info

Fund familyPIMCO
Fund manager & tenureAndrew Jessop / 4 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income94.38%
Cash4.46%
Other0.85%
International stock0.31%
U.S. stock0.00%
Top 5 Sectors
Portfolio weighting
Media 80.49%
Energy 19.51%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
-- Cdx Hy20 5y Bp Ice1.12%
-- US Treasury Note 1.375%0.68%
-- Sprint Cap 6.9%0.61%
-- Cit Grp 5%0.56%
-- Hca 7.5%0.55%
-- Hca 6.5%0.53%
-- Cdx Hy19 5y Bp Cme0.52%
-- Biomet 6.5%0.52%
-- Hawk Acquisition Sub 144A 4.25%0.51%
-- Sprint Nextel 6%0.50%

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