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PIMCO High Yield Spectrum Instl PHSIX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See PIMCO Investment Hub

Morningstar’s Analysis PHSIX

Will PHSIX outperform in 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 PHSIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHSIX 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 PHSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Resetting expectations.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

Pimco High Yield Spectrum’s former manager Andrew Jessop will retire in June 2023, while another comanager left the firm earlier in 2023. The strategy in place here is robust, but there is a new management configuration. 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.

by Brian Moriarty
Rated on Published on

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