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PIMCO High Yield I2 PHLPX

Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 7.92  /  −0.11 %
  • Total Assets 8.6 Bil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.670%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.59%
  • Effective Duration 3.62 years

USD | NAV as of Feb 26, 2024 | 1-Day Return as of Feb 26, 2024, 11:14 PM GMT+0

Morningstar’s Analysis PHLPX

Will PHLPX outperform in future?

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

Resetting expectations.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

Pimco High Yield’s former lead manager will retire in June 2023, while a former comanager left the firm earlier in 2023. The strategy in place here is robust, but there is a new management configuration that may need time to settle in. It earns a Morningstar Analyst Rating of Neutral across all share classes except for the most expensive C shares; this is a downgrade from Silver or Bronze ratings, depending on the share class.

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Portfolio Holdings PHLPX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 14.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CDX HY41 5Y ICE

3.56 278.5 Mil
Derivative

United States Treasury Notes 4.25%

2.52 196.9 Mil
Government

United States Treasury Notes 3.625%

2.16 168.8 Mil
Government

United States Treasury Notes 4.25%

2.10 164.6 Mil
Government

CDX HY40 5Y ICE

2.07 162.3 Mil
Derivative

United States Treasury Notes 3.25%

1.94 152.0 Mil
Government

CDX HY38 5Y ICE

1.58 123.5 Mil
Derivative

EUROPEAN MONETARY UNION EURO Purchased

1.50 117.0 Mil
Derivative

Offset: Cash

1.43 111.8 Mil
Cash and Equivalents

United States Treasury Notes 4.125%

1.29 100.8 Mil
Government