Morningstar

PIMCO High Yield Fund Class A PHDAX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 8.01  /  −0.12 %
  • Total Assets 7.3B
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.960%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.09%
  • Effective Duration 2.59 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PHDAX

Will PHDAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHDAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PHDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This team still needs to better leverage its advantages.

Analyst Jeana Doubell

Jeana Doubell

Analyst

Summary

Pimco High Yield follows a solid investment process, and the dust appears to have settled on 2023 leadership changes. However, the team is still working to establish an edge over the competition.

by Jeana Doubell
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Portfolio Holdings PHDAX

More PHDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

10 Year Treasury Note Future June 26

9.23 663M
Government

Pimco Fds

5.36 385M
Cash and Equivalents

5 Year Treasury Note Future June 26

5.35 385M
Government

CDX HY45 5Y ICE

4.92 353M
Derivative

2 Year Treasury Note Future June 26

4.64 333M
Government

CDX HY46 5Y ICE

3.85 277M
Derivative

RFR USD SOFR/3.25000 06/18/25-2Y LCH Receive

3.64 261M
Government

United States Treasury Notes 0.75%

2.47 178M
Cash and Equivalents

United States Treasury Notes 3.625%

2.28 163M
Government

RFR USD SOFR/3.75000 12/18/24-5Y LCH Receive

2.22 159M
Government

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